Stock Groups

HCA Healthcare, Kimberly-Clark, Gap and more

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New York’s GAP Store is where pedestrians are seen.

Scott Mlyn | CNBC

These are the top companies in Friday’s midday trading.

American Express — Shares of the payment firm dipped 1.1% despite American Express topping earnings expectations for the first quarter. American Express posted a profit at $2.73 per shares, which is higher than the consensus Refinitiv estimate of $2.44/share. According to the company, spending by Gen-X and millennials helped boost earnings.

Verizon Communications — Shares of Verizon fell 6.1% after the company reported a loss of 36,000 monthly phone subscribersThe first quarter saw a decrease of 49,300 in revenue versus a FactSet forecast. Verizon posted quarterly earnings and revenues that were consistent with Wall Street predictions.

HCA Healthcare, Universal Health Services, Intuitive Surgical — The health-care sector was under pressure Friday, with HCA Healthcare as its greatest laggard after reporting disappointing full-year earnings and revenue guidance. HCA fell 19% and Universal Health Services plummeted 13%. Intuitive Surgical dropped about 13%.

SVB Financial Group — Shares for the regional bank soared more than 11% after the company reported strong earnings. SVB Financial Group reported an adjusted $6.22 per Share, against a consensus estimate from FactSet of $5.60. Net interest income was also higher than expected.

Kimberly-Clark Corporation — Shares for the consumer products company spiked nearly 9% after Kimberly-Clark exceeded earnings expectations. Refinitiv estimates that the firm will earn $1.35 per share during its latest quarter. However, this is well above consensus estimates of $1.23. Kimberly-Clark has also increased its full-year organic revenue forecast.

Schlumberger — Shares jumped more than 3% after the oilfield services producer beat earnings expectations. Schlumberger received 34 cents per unit, which is higher than analyst predictions of 33 cents. Schlumberger increased its dividend by 40%.

Gap — Shares for the retailer fell about 20% after Gap announced the chief executive officer of its Old Navy business, Nancy Green, is leaving the firmThis week. Gap’s outlook on net sales growth for this fiscal year has been lowered as well.

— CNBC’s Tanaya Macheel contributed reporting.

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