Markets

Consumer Sector Update for 04/16/2019: NFLX, OMC, WHR, WMT, MCD, DIS, CVS, KO

Top Consumer Stocks:

WMT: +0.26%

MCD: Flat

DIS: +0.11%

CVS: +0.98%

KO: Flat

Most leading consumer stocks were gaining in Tuesday's pre-market trading.

In other sector news:

(+) Netflix (NFLX) was up more than 1% as the company is slated to report Q1 results after the bell Tuesday, and is expected to report a profit of $0.57 per share on sales of $4.50 billion, according to the mean estimate of analysts polled by Capital IQ.

(=) Omnicom Group (OMC) was flat as it reported Q1 earnings of $1.17 per share, up from $1.14 per share in the first quarter of last year and higher than the Capital IQ estimate of $1.10 per share.

(=) Whirlpool (WHR) was unchanged after its board has approved a quarterly dividend of $1.20 per share, payable on June 15 to shareholders of record on May 17, a 4.3% increase over the previous quarterly dividend.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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