Some of the names on the move ahead of the open.
div > div.group > p:first-child"> Tapestry — The company formerly known as Coach reported adjusted quarterly profit of 42 cents per share, a penny a share above estimates. Revenue was essentially in line with expectations. Comparable-store sales were up 1%, topping the 0.9% consensus forecast.
Norwegian Cruise Line Holdings — The cruise line operator reported adjusted quarterly profit of 83 cents per share, 12 cents a share above estimates. Revenue also exceeded forecasts. The company said global demand was robust, helping to support its prices. Walt Disney — Disney reported adjusted quarterly profit of $1.61 per share, beating estimates by 3 cents a share. Revenue beat forecasts as well, with the company getting a boost from its recently concluded purchase of assets from 21st Century Fox. Disney also saw growth from direct-to-consumer operations like its majority-controlled Hulu service.
Etsy — Etsy earned 24 cents per share for the first quarter, 10 cents a share above estimates. The online crafts marketplace's revenue came in slightly below Wall Street forecasts. Gross merchandise sales were in line with expectations, and Etsy also said it paused some of its marketing investments during the quarter.
SVMK — SVMK posted an adjusted loss of 2 cents per share for the first quarter, compared to consensus estimates of a 3 cents per share loss. The parent of SurveyMonkey posted better-than-expected revenue, and also saw average revenue per user increase.
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