Some of the names on the move ahead of the open.
div > div.group > p:first-child"> Morgan Stanley — Morgan Stanley earned $1.33 per share for the first quarter on an adjusted basis, beating the consensus estimate of $1.17 a share. Revenue also beat forecasts. CEO James Gorman said the firm was able to deliver solid earnings despite a slow start to the year that followed a turbulent fourth quarter of 2018.
Netflix — Netflix reported quarterly profit of 76 cents per share, beating the consensus estimate of 57 cents a share. The video streaming service's revenue was slightly above Wall Street's projections. Netflix shares are coming under pressure, however, after it gave a weaker-than-expected forecast amid worries about increasing competition from Walt Disney and others.
United Continental — United came in 20 cents a share above estimates, with adjusted quarterly profit of $1.15 per share. The airline's revenue came in below forecasts, however, and United trimmed its planned flight capacity forecast for the year, due in part to the grounding of Boeing's 737 Max aircraft.
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