VZ - Hot Stocks: Strong earnings boost KO VZ JNJ CMG HOG; SNBR disappoints

Jira Pliankharom/iStock via Getty Images Earnings news dominated the headlines on Wednesday. Giants like Coca-Cola (KO), Verizon (VZ) and Johnson & Johnson (JNJ) all reported well-received quarterly results. Other high-profile companies, like Chipotle (CMG) and Harley-Davidson (HOG), also enjoyed pre-market bumps following positive earnings releases. However, there were some disappointments amid the earnings barrage as well. For instance, Sleep Number (SNBR) plunged in pre-market action after a shortage of components contributed to a weak quarter. Coca-Cola reported a quarterly profit that beat expectations. Revenue rose 42% from last year to reach $10.1B, including organic revenue growth of 37%. On the news, KO climbed nearly 2% in pre-market action. VZ also ticked up following the company's earnings announcement, rising by about 1% in pre-market action. This followed a quarterly profit that beat expectations, as strong broadband subscriptions boosted the bottom line. Johnson & Johnson reported a non-GAAP quarterly profit of $2.48

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Hot Stocks: Strong earnings boost KO, VZ, JNJ, CMG, HOG; SNBR disappoints