Wendy’s, Krispy Kreme, Perrigo and others

Check out the companies making headlines before the bell:

by Wendy (WEN) – Wendy’s reported adjusted earnings of 17 cents per share, 1 cent below estimates, with revenues and sales in the same store also missing from analysts’ forecasts. The restaurant chain is negatively impacted by rising costs for supplies and labor, and its shares are down 3.4% in pre-market trading.

Krispy Kreme (DNUT) – Krispy Kreme gained 1.6% in the premarket after beating top and bottom line estimates for the last quarter. The donut chain’s “sales by hub” metric increased 49.2% for international markets and 19.4% for the US and Canada.

Perrigo (PRGO) – Perrigo fell 4.1% in pre-market trading after posting a mixed quarter, with adjusted earnings of 33 cents per share lower than the consensus estimate of 42 cents. However, the OTC manufacturer posted better-than-expected revenues and raised its prospects for the full year after completing the acquisition of consumer health care company HRA Pharma earlier this month.

Roblox (RBLX) – Roblox posted a larger-than-expected loss for the final quarter, as well as sales that fell from Street’s forecast. The gaming platform company also said it expects losses to continue for the foreseeable future, as spending increases and demand-induced declines from the pandemic. Roblox was down 1.1% pre-market, equaling a previous 10% overtime loss.

unit software (U) – Unity Software tumbled 23% in the pre-market, after the game software developer issued weaker-than-expected revenue guidance. Its latest quarterly loss matched estimates, but sales were far from consensus.

Coinbase (COIN) – Coinbase plunged 14.4% in pre-market trading after reporting an unexpected quarterly loss. The cryptocurrency exchange operator lost $ 1.98 per share in the last quarter, compared to consensus forecasts of a profit of 18 cents per share. Coinbase has noticed a drop in users amid an ongoing crisis in the cryptocurrency market.

Western oil (OXY) – Occidental Petroleum gained 1.3% in pre-market share after a decline in earnings in the last quarter, helped by soaring oil prices. Occidental is the top gainer among the S&P 500 stocks, having more than doubled this year.

Toyota (TM) – Toyota said its profit for the current fiscal year could drop 20% due to a rise in raw material costs. The automaker said it will work with suppliers to find alternative materials and other ways to cut costs. The shares fell 2.2% in pre-market trading.

Royal Royal (REAL) – RealReal gained 9.3% in premarket after second-hand luxury goods seller posted better-than-expected quarterly sales. It reported a larger-than-expected loss but said it was poised to benefit from an inflationary trend in the prices of new luxury goods.

H&R blocks (HRB) – H&R Block posted better-than-expected quarterly sales and profits, with the tax preparation company also upping its forecast for the positive fiscal season results. H&R Block shares were up 3.3% in pre-market trading.