Fashion retailer Designer Brands Inc. (DBI) on Tuesday reported net income for the second quarter of $42.86 million or $0.55 per share, compared to a net loss of $98.21 million or $1.36 per share in the prior-year quarter.
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Tuesday, August 31, 2021
Chico's FAS Swings To Profit In Q2 - Quick Facts
Fashion retailer Chico's Fas Inc. (CHS) on Tuesday reported net income for the second quarter of $26.19 million or $0.21 per share, compared to a net loss of $46.85 million or $0.40 per share in the year-ago quarter.
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Monday, August 30, 2021
Affirm Surges 37% On Amazon Deal
Shares of fintech company Affirm Holdings are up 37 percent in pre-market trade following its deal with Amazon.com.
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Friday, August 27, 2021
Hibbett Again Boosts FY22 EPS Outlook As Q2 Results Top Estimates - Quick Facts
While reporting financial results for the second quarter on Friday, athletic-inspired fashion retailer Hibbett Inc. (HIBB) raised its earnings and comparable sales growth guidance for the full-year 2022, given the strong performance in the first half.
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Thursday, August 26, 2021
Dollar Tree Cuts FY21 Guidance, Stock Down; Dollar General Posts Lower Q2 Profit
Dollar Tree, Inc. (DLTR) reported a year-over-year increase of 11.8% in its second quarter earnings per share. However, the company reduced its fiscal 2021 earnings guidance due to additional freight costs since the previous guidance.
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Lancaster Colony Q4 Profit Rises, But Misses Estimates - Quick Facts
Food company Lancaster Colony Corp. (LANC) on Thursday reported net income for the fourth quarter of $31.73 million or $1.15 per share, higher than $30.39 million or $1.10 per share in the year-ago quarter.
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Sanderson Farms Q3 Profit Soars, Results Top Estimates - Quick Facts
Poultry producer Sanderson Farms Inc. (SAFM) on Thursday reported net income for the third quarter of $164.76 million or $7.38 per share, sharply higher than $32.81 million or $1.48 per share in the year-ago quarter.
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Hain Celestial Guides FY22 Adj. Net Sales Growth Above Estimates - Quick Facts
While reporting financial results for the fourth quarter on Thursday, organic and natural products company Hain Celestial Group, Inc. (HAIN) initiated adjusted net sales growth and adjusted EBITDA growth guidance for the full year 2022.
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J. M. Smucker Boosts FY22 Adj. EPS Outlook - Quick Facts
While reporting financial results for the first quarter of fiscal 2022 on Thursday, consumer goods company J. M. Smucker Co. (SJM) slashed its adjusted earnings guidance for the full-year 2022, while slightly raising net sales growth outlook.
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Build-A-Bear Workshop Boosts FY21 Revenue, EBITDA Outlook - Quick Facts
While reporting financial results for the second quarter on Wednesday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) raised its revenue and EBITDA guidance for the full-year 2021. It also initiated revenue guidance for the third quarter.
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Wednesday, August 25, 2021
National Bank Of Canada Q3 Results Top Estimates - Quick Facts
National Bank of Canada (NA.TO) reported Wednesday that third-quarter net income increased to C$839 million or C$2.36 per share from C$602 million or C$1.66 per share in the prior-year quarter.
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Tuesday, August 24, 2021
Best Buy Q2 Profit Tops Estimates; Raises FY22 Enterprise Comps. Growth Outlook
Best Buy Co., Inc. (BBY) said it recorded an operating income growth of 40% year-on-year, and comparable sales growth of 19.6% for the 13-week second quarter ended July 31, 2021. The company noted that customer demand for technology products and services during the quarter remained very strong.
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Medtronic Boosts FY22 Adj. EPS - Quick Facts
While reporting financial results for the first quarter of fiscal 2022 on Monday, medical devices maker Medtronic plc. (MDT) raised its adjusted earnings guidance for the full year 2022, while reiterating annual and revenue growth outlook.
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Thursday, August 19, 2021
TerrAscend Q2 Loss Sharply Widens - Quick Facts
Cannabis operator TerrAscend Corp. reported Thursday a second quarter net loss of $25.94 million or $0.14 per share, wider than $9.18 million or $0.06 per share in the prior-year quarter.
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Performance Food Group Q4 Results Top Estimates - Quick Facts
Performance Food Group Co. (PFGC) reported Thursday fourth-quarter net income of $31.4 million or $0.23 per share, compared to a net loss of $151.2 million or $1.19 per share in the prior-year quarter.
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Kohl's Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Thursday, department store chain Kohl's Corp. (KSS) raised its adjusted earnings and sales growth guidance for the full-year 2021.
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Estée Lauder Guides FY22 Adj. EPS Above Estimates - Quick Facts
While reporting financial results for the fourth quarter on Thursday, Estée Lauder Cos., Inc. (EL) initiated earnings and sales growth guidance for the first quarter and for the full-year 2022.
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Wednesday, August 18, 2021
OSI Systems Guides Adj. EPS Above Estimates - Quick Facts
While reporting financial results for the fourth quarter on Wednesday, OSI Systems, Inc. (OSIS) initiated its adjusted earnings and revenue guidance for the full-year 2022.
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Lowe's, Target And TJX Q2 Profit Tops View
Off-price retailer TJX Companies Inc. (TJX) reported a profit for the second-quarter, that topped Wall Street estimates. The company said its comp store sales increase and very strong bottom line results were well above its plans for the second quarter.
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Alcon Gains More Than 10% In Pre-market After Strong Q2 Results
Geneva based eye care company Alcon Inc. (ALC) is trending 10 percent higher in pre-market trade after second quarter results topped top-line and bottom-line estimates and full year guidance was raised above view.
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Brinker International Q4 Results Top Estimates - Quick Facts
Casual dining restaurant owner Brinker International, Inc. (EAT) reported Wednesday a fourth-quarter net income of $75.0 million or $1.58 per share, compared to a net loss of $49.2 million or $1.20 per share in the prior-year quarter.
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Axonics - Charging Ahead
Shares of Axonics Inc. (AXNX) touched an all-time high of $72.03 in intraday trading Tuesday (Aug.17, 2021) as the company keeps exceeding its ambitious goals quarter over quarter, thanks to the growing demand for its products.
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Tuesday, August 17, 2021
BHP FY21 Results Climb, Says Positive On View; To Merge Petroleum Business With Woodside
BHP Group Plc Tuesday reported significantly higher fiscal 2021 results. Looking ahead, the Anglo-Australian miner said the outlook for the short term remains uncertain, but outlook remains positive for long-term global economic growth and commodity demand.
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Walmart Q2 Profit Declines 34%, But Results Top Estimates
Retail giant Walmart Inc. reported Tuesday a profit for the second quarter that declined 34 percent from last year, hurt by lower margins and higher expenses. However, adjusted earnings per share and quarterly revenues topped analysts' expectations. The retailer also raised its guidance for the for the full-year 2022.
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Applied Industrial Guides FY22 EPS Above Estimates; Q4 Profit Nearly Doubles - Quick Facts
While reporting financial results for the fourth quarter on Tuesday, Applied Industrial Technologies Inc. (AIT) initiated earnings and sales growth guidance for the full-year 2022.
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BHP Group FY21 Underlying Attributable Profit Rises; Announces Petroleum Merger With Woodside
BHP Group PLC (BHP.AX, BLT.L, BBL, BHP) reported a strong underlying operational performance in fiscal year 2021. BHP announced the combination of Woodside (WOPEF.PK, WOPEY.PK, WPL.AX) and BHP's oil and gas business. BHP also plans to unify its corporate structure under existing Australian parent company to reduce duplication and streamline governance and internal processes.
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Monday, August 16, 2021
FreightCar America Q2 Loss Sharply Narrows; Boost FY21 Delivery Outlook - Quick Facts
FreightCar America, Inc. (RAIL) reported Monday that second-quarter net loss attributable to the company sharply narrowed to $2.57 million or $0.13 per share from $12.79 million or $0.97 per share in the prior-year quarter.
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Friday, August 13, 2021
FDA Authorizes Addl. Dose Of Covid Vaccine For Immunocompromised People
The U.S. Food and Drug Administration has authorized additional COVID-19 vaccine dose for individuals with weak immunity, who need extra protection from COVID-19. The drug regulator has now amended the emergency use authorizations or EUAs for both the Pfizer-BioNTech COVID-19 Vaccine and the Moderna COVID-19 Vaccine to allow the third dose.
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Thursday, August 12, 2021
Dillard's Swings To Profit In Q2 - Quick Facts
Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $185.7 million or $8.81 per share, compared to a net loss of $8.6 million or $0.37 per share in the prior-year quarter.
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Meredith Q4 Results Top Estimates - Quick Facts
Media and marketing company Meredith Corp. (MDP) reported Thursday that net earnings for the fourth quarter soared to $36.7 million from $6.2 million from last year, with earnings per share of $0.74, compared to loss per share of $3.84 in the prior-year quarter.
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Deutsche Telekom Lifts FY21 Earnings View As Q2 Profit Surges; Stock Up
Shares of Deutsche Telekom were gaining around 2 percent in German trading after the telecom major reported Thursday significantly higher second-quarter profit, despite weak revenues. The company also raised its fiscal 2021 earnings view. For the full year 2021, the company now expect adjusted EBITDA after leases of more than 37.2 billion euros.
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Wednesday, August 11, 2021
Upstart Off To A Good Start In Pre-market On Strong Q2 Performance
Upstart Holdings, Inc. (UPST) that operates a cloud- based artificial intelligence (AI) powered online lending platform is rising more than 20% in pre-market trade on Wednesday after strong second-quarter results that beat the estimates on both topline and bottomline.
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E.ON Q2 Profit Surges, Lifts FY21 View
German electric utility E.ON SE reported Wednesday significantly higher profit in its second quarter, with strong sales primarily driven by cooler weather and the agreement on output rights for nuclear power stations. Further, E.ON has increased its outlook for the 2021 financial year, in view of the repayment of expenditures for residual power output rights.
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Wendy's Co. Again Boosts FY21 Outlook; Raises Qtly Dividend 20% - Quick Facts
While reporting financial results for the first quarter on Wednesday, The Wendy's Co. (WEN) again raised its adjusted earnings and global systemwide sales growth guidance for the full-year 2021. The company also raised its quarterly dividend 20% and increased share repurchase authorization.
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Perrigo Reaffirms FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Wednesday, Perrigo Company plc (PRGO) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2021.
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Tuesday, August 10, 2021
Sysco Guides FY22 EPS Above Estimates - Quick Facts
While reporting financial results for the fourth quarter on Tuesday, food products firm Sysco Corp. (SYY) initiated its earnings guidance for the full-year 2022, driven by accelerating sales and solid management of inflation and cost.
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AMC Entertainment Rises 7% In Pre-market On Better-than-expected Q2 Results
AMC Entertainment Holdings, Inc. (AMC) is currently trading 7% higher in pre-market hours following better-than-expected second quarterly results.
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TransDigm Executive Chairman Nicholas Howley Transition To Non-executive Chairman - Quick Facts
While reporting financial results for the third quarter on Tuesday, TransDigm Group Inc. (TDG) said it will not provide fiscal year 2021 guidance at this time, given the considerable uncertainty around the extent and duration of business disruptions related to the COVID-19 pandemic, and how that will continue to impact operations.
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Monday, August 9, 2021
Tyson Foods Q3 Results Top Estimates; Boosts FY21 Sales Outlook - Quick Facts
Tyson Foods, Inc. (TSN) reported Monday that its third-quarter net Income attributable to the company increased to $749 million or $2.05 per share from $526 million or $1.44 per share in the prior-year quarter.
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Viatris Boosts FY21 Revenue Outlook, Declares Dividend - Quick Facts
While reporting financial results for the second quarter on Monday, healthcare company Viatris Inc. (VTRS) raised its total revenue guidance for the full-year 2021.
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Energizer Holdings Reaffirms FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the third quarter on Monday, battery manufacturer Energizer Holdings, Inc. (ENR) reaffirmed its adjusted earnings guidance for the full year 2021, while increasing annual net sales growth outlook, based on distribution gains, elevated demand and favorable currency impacts.
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Friday, August 6, 2021
Icahn Enterprises Slips To Loss In Q2 - Quick Facts
Icahn Enterprises L.P. (IEP) reported Friday a net loss attributable to limited partners for the second quarter of $134 million or $0.53 per depositary unit, compared to net income of $293 million or $1.36 per depositary unit in the prior-year quarter.
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Allianz Q2 Results Climb, Sees FY21 Profit In Upper Half Of View Range; Stock Up
Shares of Allianz SE were gaining around 3 percent in German trading after the insurance and asset management company Friday reported higher second-quarter results and said it now sees fiscal 2021 profit at top end of forecast range. For fiscal 2021, the company now expects operating profit to be in the upper half of the target range of 12 billion euros, plus or minus 1 billion euros.
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Dominion Energy Affirms FY21 Operating Earnings Outlook - Quick Facts
While reporting financial results for the second quarter on Friday, Dominion Energy, Inc. (D) affirmed its operating earnings guidance for the full-year 2021, and provided operating earnings outlook for the third quarter.
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Norwegian Cruise Line Q2 Adj. Loss Narrower Than Estimates - Quick Facts
Norwegian Cruise Line Holdings Ltd. (NCLH) reported Friday that its net loss for the second quarter was $717.8 million or $1.94 per share, compared to net loss of $715.2 million or $2.99 per share in the prior-year quarter.
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Fluor Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Friday, engineering company Fluor Corp. (FLR) raised its adjusted earnings guidance for the full-year 2021.
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Thursday, August 5, 2021
Zoetis Again Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Thursday, animal health company Zoetis Inc. (ZTS) raised its earnings, adjusted earnings and revenue guidance for the full year 2021.
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Lexington Realty Trust Q2 Results Top Estimates; Raises FY21 Adjusted Company FFO View
Lexington Realty Trust (LXP) reported Thursday that second-quarter funds from operations or FFO increased to $52.15 million or $0.18 per share from last year's $51.39 million or $0.19 per share.
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Itron Slashes FY21 Outlook As Q2 Results Miss Estimates - Quick Facts
While reporting its financial results for the second quarter on Thursday, Itron, Inc. (ITRI) slashed its adjusted earnings and revenue guidance for the full-year 2021, reflecting the impact of component constraints.
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Kellogg Reaffirms FY21 Adj. EPS Outlook; Q2 Results Top Estimates - Quick Facts
While reporting its financial results for the second quarter on Thursday, Kellogg Co. (K) reaffirmed its currency-neutral adjusted earnings growth guidance for the full year 2021.
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Amended: Moderna Q2 Results Top Estimates; Boosts FY21 COVID-19 Vaccine Sales Outlook
Moderna Inc. (MRNA) reported a profit for the second quarter compared to a loss in the previous year, reflecting surging revenues on commercial sales of the company's COVID-19 vaccine in the U.S. Quarterly earnings per share and revenues topped analysts' expectations. The company raised its 2021 sales forecast for its COVID-19 vaccine.
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Arrow Electronics Guides Q3 Adj. EPS Above Estimates - Quick Facts
While reporting financial results for the second quarter on Thursday, Arrow Electronics, Inc. (ARW) projected earnings for the third quarter in a range of $3.24 to $3.40 per share and adjusted earnings in a range of $3.42 to $3.58 per share on total sales between $8.175 billion and $8.775 billion, with global components sales between $6.375 billion and $6.675 billion, and global enterprise computing solutions sales between $1.80 billion and $2.10 billion.
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Aptiv Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Thursday, technology company Aptiv PLC (APTV) raised its adjusted earnings and net sales guidance for the full-year 2021.
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Thomson Reuters Boosts FY21 Revenue Growth Outlook - Quick Facts
While reporting financial results for the second quarter on Thursday, Thomson Reuters Corp. (TRI, TRI.TO) raised its revenue and organic revenue growth guidance for the full-year 2021, based on the strong first-half performance and the trajectory of the business for second half of the year. It also provided outlook for the third quarter and reaffirmed outlook for fiscal 2022 and 2023.
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Moderna Q2 Results To Estimates; Boosts FY21 COVID-19 Vaccine Sales Outlook
Moderna Inc. (MRNA) reported a profit for the second quarter compared to a loss in the previous year, reflecting surging revenues on commercial sales of the company's COVID-19 vaccine in the U.S. Quarterly earnings per share and revenues topped analysts' expectations. The company raised its 2021 sales forecast for its COVID-19 vaccine.
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Wednesday, August 4, 2021
General Motors Q2 Profit Beats Estimates, Sees FY21 Profit Below Market; Stock Down
General Motors Co. (GM) said its second-quarter results were better than originally expected due to strong pricing and demand, record GM Financial results and improved near-term production from the pull forward of semiconductors from the third quarter. Based on first-half performance and expectations for the rest of the year, the company increased its full-year guidance. However, the revised earnings guidance range was still below analysts' estimate. GM noted that semiconductor shortage remains fluid and supply chain challenges continue in the second-half.
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Clean Harbors Boosts FY21 Outlook As Q2 Results Top Estimates - Quick Facts
While reporting its financial results for the second quarter on Wednesday, Clean Harbors Inc. (CLH, CLHB) raised its adjusted EBITDA and adjusted free cash flow guidance for the full-year 2021, based on its second-quarter financial performance and current market conditions.
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Standard Motor Products Q2 Results Top Estimates - Quick Facts
Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the second quarter surged to $28.0 million or $1.23 per share from $11.8 million or $0.52 per share in the prior-year quarter. Excluding items, adjusted earnings from continuing operations for the quarter were $1.26 per share.
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Advanced Energy Guides Q3 Below Estimates As Q2 Results Miss Estimates - Quick Facts
While reporting financial results for the second quarter on Wednesday, Advanced Energy Industries, Inc. (AEIS) provided earnings and revenue guidance for the third quarter.
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Belden Boosts FY21 Outlook As Q2 Results Top Estimates - Quick Facts
While reporting financial results for the second quarter on Wednesday, networking solutions provider Belden Inc. (BDC) raised its earnings and revenue guidance for the full year 2021, based on better than expected performance in the second quarter and an improved outlook for the remainder of the year. The company also provided outlook for the third quarter.
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Scotts Miracle-Gro Backs FY21 Outlook; Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Wednesday, Scotts Miracle-Gro Co. (SMG) maintained its adjusted earnings and sales growth guidance for the full-year 2021.
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Charles River Labs Boosts FY21 Outlook As Q2 Results Top Estimates - Quick Facts
While reporting financial results for the first quarter on Tuesday, Charles River Laboratories International, Inc. (CRL) raised its earnings, adjusted earnings and revenue growth guidance for the full-year 2021, based on stronger-than-expected second quarter financial performance and expected robust client demand trends for the remainder of the year.
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Emerson Electric Again Boosts FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Wednesday, Emerson Electric Co. (EMR) raised its earnings and net sales growth guidance for the full-year 2021, based on the overall continued improvement in industrial and commercial demand over the remainder of 2021.
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BorgWarner Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Wednesday, technology solutions provider BorgWarner Inc. (BWA) raised its earnings, adjusted earnings and net sales guidance for the full-year 2021.
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NiSource Backs FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the second quarter on Wednesday, electric utility NiSource Inc. (NI) maintained its adjusted net operating earnings guidance for the full-year 2021.
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Tuesday, August 3, 2021
National Retail Properties Again Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Tuesday, real estate investment trust National Retail Properties, Inc. (NNN) raised its Core FFO, AFFO and net earnings guidance for the full-year 2021.
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Ralph Lauren Boosts FY22 Revenue Growth Outlook - Quick Facts
While reporting its financial results for the first quarter on Tuesday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenues to increase approximately 20 to 22 percent in constant currency for the second quarter.
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IPG Photonics Q2 Results Miss Estimates; Guides Q3 Below Estimates - Quick Facts
IPG Photonics Corp. (IPGP) reported Tuesday that net income attributable to IPG soared to $69.8 million or $1.29 per share from $38.2 million or $0.71 per share in the prior-year quarter.
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Harsco Q2 Results Top Estimates
Harsco Corp. (HSC) reported Tuesday second-quarter net income from continuing operations attributable to common stockholders of $14.46 million or $0.18 per share, compared to a net loss of $10.75 million or $0.14 per share in the prior-year quarter.
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Sealed Air Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Tuesday, Sealed Air Corp. (SEE) raised its adjusted earnings and net sales guidance for the full-year 2021.
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Harsco Backs FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the second quarter on Tuesday, Harsco Corp. (HSC) maintained its adjusted earnings outlook for the full-year 2021 and provided guidance for the third quarter.
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Xylem Boosts FY21 Guidance - Quick Facts
While reporting financial results for the second quarter on Tuesday, water technology company Xylem Inc. (XYL) raised its adjusted earnings, revenue and organic revenue growth guidance for the full year 2021, based on commercial momentum from the first half, as well as continuing demand and price realization in the second half, partially offset by incremental inflation and supply chain challenges.
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Zebra Technologies Boosts FY21 Sales Growth Outlook - Quick Facts
While reporting financial results for the second quarter on Tuesday, Zebra Technologies Corp. (ZBRA) provided its adjusted earnings and adjusted net sales growth guidance for the third quarter and raised adjusted net sales growth outlook for the full year 2021.
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Eaton Boosts FY21 Adj. EPS Outlook - Quick Facts
While reporting its financial results for the second quarter on Tuesday, power management company Eaton Corp plc (ETN) provided adjusted earnings outlook for the third and raised adjusted earnings guidance for the full-year 2021, driven by strong second quarter performance and anticipated higher organic sales for the remainder of the year.
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Lilly Q2 Profit Down; Cuts FY21 EPS, Margin View; Backs Adj. Earnings Forecast
Drug major Eli Lilly And Co. reported Tuesday weak profit in its second quarter, despite higher revenues driven by strong volume across core business and most major geographies. Further, the company trimmed its forecast for fiscal 2021 earnings on a reported basis and margin, while maintained adjusted earnings view above market estimates. The company also tightened full-year revenue forecast.
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Jacobs Engineering Boosts FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the third quarter on Monday, professional services provider Jacobs Engineering Group Inc. (JEC) raised its adjusted earnings outlook for the full-year 2021, reflecting continued strong year-to date results.
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Clorox Guides FY22 Well Below Estimates - Quick Facts
While reporting financial results for the fourth quarter on Tuesday, consumer goods maker Clorox Co. (CLX) initiated its earnings and sales guidance for the full-year 2022, well below analysts' expectations.
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BMW Warns On H2 Despite Strong Q2 Results; Stock Down
Shares of BMW Group were losing around 5 percent in German trading after the luxury automaker warned Tuesday that its second half-year is likely to be more volatile, affected by supply bottlenecks, high prices for raw materials and a shortage of semiconductors. This was despite reporting strong second-quarter results driven by solid demand.
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Monday, August 2, 2021
BMW Group Reports Profit In Q2; H2 Likely To Be More Volatile - Quick Facts
The BMW Group (BMW.L, BAMXF.PK, BAMXY.PK) reported improved profitability in second-quarter despite semiconductor shortage. For the full year 2021, the Group expects business to develop positively overall. In light of a number of prevailing risks, including raw materials prices and a shortage of semiconductors, the company anticipates second six-month period likely to be more volatile. The Group also noted that its targets for the year are to be met with a slightly smaller workforce.
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ON Semiconductor Guides Q3 Well Above Estimates - Quick Facts
While reporting financial results for the second quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the third quarter, well above analysts' expectations.
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Global Payments Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Monday, payments technology company Global Payments Inc. (GPN) raised its adjusted earnings and adjusted revenue guidance for the full year 2021, encouraged by the trends it is seeing in the business.
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Timken Maintains FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the second quarter on Monday, Timken Co. (TKR) maintained its earnings and adjusted earnings guidance for the full-year 2021, but raised its annual revenue growth outlook.
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HSBC H1 Profit More Than Doubles, Says Outlook More Positive; Stock Up
Shares of HSBC Holdings Plc were gaining in London and Hong Kong trading after the Asia-focused lender reported Monday that its first-half profit more than doubled, despite weak revenues. Looking ahead, the company said while uncertainties remain, the outlook is more positive with evidence of growth in strategic areas.
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