Check out the companies making headlines in midday trading:
and revenue that topped analyst expectations. The company posted a profit of $2.12 per share on Revenue of $17.65 billion. Analysts polled by Refinitiv expected a profit of $1.91 per share on sales of $17.37 billion. Facebook's monthly average users grew to 2.45 billion, in line with expectations. However, Facebook's average revenue per user topped expectations.– Shares of the tobacco producer fell 1.5% after reporting third quarter earnings Thursday morning. Altria announced a $4.
5% after Universal Display turned in third-quarter earnings that beat analyst estimates, according to FactSet. Universal Display also raised its 2019 forecast, while CFO Sidney Rosenblatt told shareholders on the company's conference call that it is "very positive on 2020."– Shares of Kraft Heinz rose more than 12% after its quarterly earnings beat analysts' expectations. The surge came even as its sales continued to decline.
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