Why Unilever (UL) Stock Is Lower Today

NEW YORK (TheStreet) -- Shares of Unilever (UL) are down -0.39 to $45.42 in pre-market trade as the consumer goods company reported second quarter revenue growth that missed estimates as Asian emerging markets continued to slow and the struggling food business posted another sluggish result, Bloomberg reports.

Underlying sales were up 3.8% in the period ended June 30, the company said today.

The median estimate of 15 analysts surveyed by Bloomberg was for a 4.3% increase.

Must Read: Warren Buffett's 25 Favorite Growth Stocks

 
 

UL ChartUL data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

More from Markets

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists

NYSE Suspends Trading for Some Shares of Nasdaq-Listed Amazon, Alphabet

NYSE Suspends Trading for Some Shares of Nasdaq-Listed Amazon, Alphabet