Take a look at some of the biggest movers in the premarket:
Accenture (ACN) – The consulting firm reported quarterly profit of $1.70 per share, falling 3 cents a share short of Wall Street forecasts. Revenue also came in slightly shy of estimates and the company gave a weaker-than-expected current-quarter revenue forecast, as clients spend less due to the Covid-19 pandemic.
E.W. Scripps (SSP) – Scripps announced a deal buy privately held TV network operator ION Media for $2.65 billion. The deal is being backed by Warren Buffett’s Berkshire Hathaway (BRK.B), with Berkshire making a $600 million preferred equity investment in Scripps to help finance the purchase.
BlackBerry (BB) – The software company beat estimates by 9 cents a share, with quarterly earnings of 11 cents per share. Revenue was also above expectations, on strong demand for its security and car software.
CarMax (KMX) – The used-vehicle retailer earned $1.79