Consumer Sector Update for 10/26/2018: GT, AMZN, CL, WMT, MCD, DIS, CVS, KO

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Top Consumer Stocks:

WMT: -0.84%

MCD: -0.80%

DIS: -1.06%

CVS: -0.86%

KO: -0.58%

Consumers stocks were retreating pre-market Friday.

Early movers include:

(-) Goodyear Tire & Rubber ( GT ), which was down more than 8% as the company posted Q3 adjusted earnings of $0.68 per share, down from $0.70 in the same period a year ago and missing the estimate of $0.74 from analysts polled by Capital IQ.

(-) Amazon ( AMZN ) was declining by 8% after it posted double-digit growth in sales in its third quarter, but narrowly missed analysts' estimates despite reporting a surge in net income as the company further expanded its customer base among private and public sector organizations.

(-) Colgate-Palmolive ( CL ) was more than 5% lower as it announced Q3 adjusted earnings of $0.72 per diluted share, down by a cent from $0.73 per share a year ago but in line with the $0.72 average estimate from analysts polled by Capital IQ.

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This article appears in: Business , Commodities
Referenced Symbols: GT , AMZN , CL , WMT , MCD

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