Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
UnitedHealth Group (UNH) tops our list. The health care company easily beat on earnings and revenue for its first quarter. United reported it served 2.2 million more consumers in Q1, effectively boosting revenue by over $5B. It also said global revenues grew nearly 30% year-over-year after expanding to countries in South America.
All that money going into original programming seems to be paying off for Netflix (NFLX). The streaming giant says it attracted a whopping 7.4 million new customers from January to March. It was expected to add 6.5 million. Netflix also just beat on revenue and met earnings per share estimates for its first quarter.
Walmart (WMT) wants to become a little less … Walmart. The retail behemoth says it’s revamping its website to de-emphasize the Walmart name and use a lot less of its signature bright blue, according to the Wall Street Journal. The goal is to appeal to high end shoppers and work with brands like Lord and Taylor, to spotlight their products. The new website is expected to be rolled out in May.
Just one day after saying humans are the key to faster production, Elon Musk is temporarily shutting down his Tesla (TSLA) Model 3 assembly line. The electric car maker says the temporary suspension was previously planned. Buzzfeed reports workers were expected to use vacation days or stay home without pay during the 4-5 day pause in production.
Comerica (CMA) beat on earnings and profit but missed on revenue for its first quarter. Comerica also reported average total loans decreased by $512M. Investors were looking for growth in this area. Looking ahead, Comerica says it expects loan growth in its second quarter.