Sees Profitability in Second Half
Beazer Homes USA's earnings missed expectations, but its $287.9 million of revenue was well above the $252.24 million consensus number. Management also cited "a substantially higher backlog, improving margins and tight control of fixed costs." BZH rose 6 percent before the bell on my tradeMONSTER platform.
General Motors Reports Strong Results
General Motors earned $0.67 in the first quarter, versus the $0.54 expected by analysts. Revenue was $36.9 billion, also better than the $36.6 billion consensus number. GM climbs 4 percent in the premarket.
Kellogg Earnings, Revenue Miss
Kellogg earned just $0.99 a share on revenue of $3.86 billion of revenue. The Street was looking for $1.03 and $3.94 billion, respectively. K falls 1 percent in early trading.
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