Branded food company General Mills, Inc. (GIS) reported Tuesday a profit for the second quarter that declined 8 percent from last year, hurt by lower gross margins amid significant input cost inflation and elevated costs related to supply chain disruptions. Adjusted earnings per share missed analysts' estimates, but quarterly net sales topped it.
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Tuesday, December 21, 2021
Thursday, December 16, 2021
Adobe Systems Q4 Profit Halves; Provides Weak Outlook
Software giant Adobe Systems Inc. reported Thursday that profit for the fourth quarter halved from last year, hurt by a provision for income taxes compared to last year's benefit, despite record revenues. Adjusted earnings per share met analysts' expectations, while quarterly revenues topped it.
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Worthington Industries Swings To Profit In Q2 - Quick Facts
Industrial manufacturing company Worthington Industries, Inc. (WOR) reported Thursday net earnings for the second quarter of $110.3 million or $2.15 per share, compared to a net loss of $74.0 million or $1.40 per share in the prior-year quarter.
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Wednesday, December 15, 2021
Inditex 9-month Earnings Surge On Strong Sales; Stock Down
Industria de DiseƱo Textil SA or Inditex Wednesday reported significantly higher earnings in its nine-month period with strong sales growth. The Spanish fashion retailer also said its standalone third-quarter net profit, EBITDA and revenue reached all-time record levels. Looking ahead for fiscal 2021, the company now projects a gross margin of around 57.5 percent, plus or minus 50 basis points.
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Tuesday, December 14, 2021
Atara Biotherapeutics Rises In Pre-market On Positive Phase 3 Trial Results Of Tab-cel
Shares of Atara Biotherapeutics, Inc. (ATRA), are trading 3 percent higher in pre-market on Tuesday after the company engaged in T-cell immunotherapy, announced efficacy and safety results from its study investigating tabelecleucel (tab-cel) for the treatment of Epstein-Barr virus positive post-transplant lymphoproliferative disease.
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Thursday, December 9, 2021
Ciena Q4 Profit Rises, Meets Estimates
Networking systems firm Ciena Corp. reported on Thursday that profit for the fourth quarter increased from last year, driven by strong revenue growth despite supply chain challenges. Adjusted earnings per share met analysts' expectations and quarterly revenues topped them by a whisker.
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Wednesday, December 8, 2021
Lovesac Q3 Profit Edges Up; Results Top Estimates - Quick Facts
Lovesac Co. (LOVE), a direct-to-consumer specialty furniture brand, on Wednesday reported that net income for the third quarter grew to $2.75 million or $0.17 per share from $2.48 million or $0.16 per share in the prior-year quarter.
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United Natural Foods Affirms FY22 Outlook - Quick Facts
While reporting financial results for the first quarter on Wednesday, United Natural Foods, Inc. (UNFI) affirmed its earnings, adjusted earnings and sales guidance for the full-year 2021.
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Thor Industries Q1 Profit Soars; Results Top Estimates - Quick Facts
Thor Industries, Inc. (THO), manufacturer of recreational vehicles, reported Wednesday that net income attributable to the company for the first quarter more than doubled to $242.24 million or $4.34 per share from $113.76 million or $2.05 per share in the prior-year quarter.
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Acer November Revenues Edges Up 0.5% - Quick Facts
Acer Inc. (ACID.L) reported Wednesday that its consolidated revenues for the month of November edged up 0.5% year-on-year or 3.0% month-on-month to NT$28.85 billion, the highest in eight years.
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Tuesday, December 7, 2021
AutoZone Q1 Results Top Estimates - Quick Facts
Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the first quarter increased to $555.24 million or $25.69 per share from $442.43 million or $18.61 per share in the year-ago quarter.
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Thursday, December 2, 2021
Express Swings To Profit In Q3 - Quick Facts
Fashion apparel retailer Express, Inc. (EXPR) reported Thursday that net income for the third quarter was $13.09 million or $0.19 per share, compared to net loss of $90.35 million or $1.39 per share in the prior-year quarter.
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Signet Jewelers Q3 Profit Soars; Boosts FY22 Revenue Outlook - Quick Facts
Diamond jewelry retailer Signet Jewelers Ltd. (SIG) reported Thursday that net income for the third quarter soared to $83.9 million or $1.45 per share from $0.9 million or $0.02 per share in the prior-year quarter.
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Wednesday, December 1, 2021
Patterson Boosts FY22 Outlook - Quick Facts
While reporting financial results for the second quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) raised its earnings and adjusted earnings guidance for the full-year 2022, given the momentum and confidence in the business.
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Tuesday, November 30, 2021
Scotiabank Declares Qtly Dividend Of C$1/share; To Buyback Up To 24 Mln Shares - Quick Facts
While reporting financial results for the fourth quarter and fiscal 2021 on Tuesday, Canadian lender Bank of Nova Scotia (BNS.TO, BNS), called Scotiabank, announced a dividend of C$1.00 per share on the outstanding shares of the Bank, payable January 27, 2022 to shareholders of record at the close of business on January 4, 2022:
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Wednesday, November 24, 2021
Deere & Co Initiates FY22 Net Income Outlook- Quick Facts
While reporting financial results for the fourth quarter on Wednesday, Deere & Co. (DE) initiated is guidance for net income attributable to the company for the full-year 2022 in a range of $6.5 billion to $7.0 billion, reflecting healthy demand.
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Tuesday, November 23, 2021
Dollar Tree Boosts FY21 Earnings, Revenue Outlook - Quick Facts
While reporting financial results for the third quarter on Tuesday, Dollar Tree, Inc. (DLTR) provided guidance for the fourth quarter and raised its outlook for the full-year 2022.
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Best Buy Boosts FY22 Outlook As Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Tuesday, electronics retailer Best Buy Co., Inc. (BBY) raised its enterprise revenue and comparable sales growth guidance for the full-year 2022 and provided outlook for the fourth quarter.
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Jacobs Engineering Guides FY22 Adj. EPS In Line With Estimates - Quick Facts
While reporting financial results for the fourth quarter on Tuesday, professional services provider Jacobs Engineering Group Inc. (JEC) initiated its adjusted earnings outlook for the full-year 2022.
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Monday, November 22, 2021
Spire Guides FY22 NEE Below Estimates - Quick Facts
While reporting financial results for the fourth quarter on Monday, gas utility Spire Inc. (SR) initiated its net economic earnings outlook for the full year 2022, reflecting its initial assessment of the net outcomes of the recently concluded Missouri rate case.
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Friday, November 19, 2021
Foot Locker Q3 Results Top Estimates - Quick Facts
Specialty athletic retailer Foot Locker, Inc. (FL) reported Friday a third-quarter net income of $158 million or $1.52 per share, lower than $265 million or $2.52 per share in the prior-year quarter.
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Thursday, November 18, 2021
Alibaba Q2 Profit Plunges; Revises FY22 Revenue Growth View
Chinese e-commerce giant Alibaba Group Holdings Limited reported Thursday sharply lower net income in its second quarter, despite strong growth in revenues. Further, the company revised fiscal year 2022 revenue guidance, and now expects revenue to grow 20 percent to 23 percent year-over-year. In pre-market activity on the NYSE, Alibaba shares were losing around 6.5 percent to trade at $151.12.
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Petco Health And Wellness Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
While reporting its financial results for the third quarter on Thursday, pet health and wellness firm Petco Health and Wellness Co., Inc. (WOOF) raised its adjusted earnings and revenue guidance for the full-year 2021.
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Brady Corp. Backs FY22 Outlook - Quick Facts
While reporting financial results for the first quarter on Thursday, Brady Corp. (BRC) maintained its earnings and adjusted earnings guidance for the full-year 2022.
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Macy's Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
Omni-channel fashion retailer Macy's, Inc. (M) reported Wednesday a third-quarter net income of $239 million or $0.76 per share, compared to a net loss of $91 million or $0.29 per share in the prior-year quarter.
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BJ's Wholesale Club Q3 Results Top Estimates - Quick Facts
BJ's Wholesale Club Holdings Inc. (BJ) announced Thursday that net income for the third quarter grew to $126.52 million or $0.92 per share from $122.80 million or $0.88 per share in the prior-year quarter.
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Thyssenkrupp Stock Up On Strong Q4 Results, FY22 Earnings View
Shares of Thyssenkrupp were gaining around 6 percent in German trading after the conglomerate reported Thursday a profit in its fourth quarter from continuing operations, compared to last year's loss, with strong growth in net sales and order intake. Net profit, meanwhile, was sharply lower due to the absence of prior year's gain. Looking ahead for fiscal 2022, the company projects significant gro
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Canadian Solar Guides FY22 Revenues Above Estimates - Quick Facts
While reporting financial results for the third quarter on Thursday, Canadian Solar Inc. (CSIQ) initiated revenue and module shipments outlook for the full-year 2022 and provided guidance also for the fourth quarter of fiscal 2021.
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Wednesday, November 17, 2021
Manchester United Q1 Loss Widens - Quick Facts
Manchester United (MANU) announced Wednesday a first-quarter net loss of 15.5 British pounds or 9.53 pence per basic share, sharply wider than 30.3 pounds or 18.58 pence per basic share in the prior-year quarter.
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Loblaw Cos. Boosts FY21 Revenue Growth Outlook - Quick Facts
While reporting financial results for the third quarter on Wednesday, Canadian food retailer Loblaw Cos. Ltd. (L.TO) raised its adjusted earnings growth guidance for the full-year 2021, based on its year to date operating and financial performance and momentum exiting the third quarter.
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Lowe's Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Wednesday, home improvement retailer Lowe's Cos., Inc. (LOW) raised its revenues outlook for the full-year 2021.
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Tuesday, November 16, 2021
Vodafone H1 Profit Down, Sees FY22 Adj. EBITDAaL At Top Half Of View; Stock Up
Shares of Vodafone Group Plc were gaining around 6 percent in the London trading as well as in pre-market activity on Nasdaq after the British telecom major said it now expects fiscal 2022 Adjusted EBITDAaL, a key earnings metric, at the top half of its initial forecast. In the first half, the company recorded weak pre-tax profit, but Adjusted EBITDAaL was higher on revenue growth.
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Walmart Q3 Profit Drops 40%, But Results Top Estimates
Retail giant Walmart Inc. reported Tuesday a profit for the second quarter that declined 40 percent from last year, despite revenue growth, hurt by lower margins amid increased supply chain costs. However, adjusted earnings per share and quarterly revenues topped analysts' expectations. The retailer also raised its adjusted earnings guidance for the full-year 2022.
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Home Depot Q3 Results Top Estimates - Quick Facts
Home improvement retailer Home Depot Inc. (HD) reported Tuesday that net earnings for the third quarter grew to $4.13 billion or $3.92 per share from $3.43 billion or $3.18 per share in the prior-year quarter.
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Monday, November 15, 2021
Tyson Foods Q4 Profit Rises, Adj. Sales Up 20%; Launches Productivity Program
Tyson Foods, Inc. (TSN) delivered double digit sales and earnings growth during the fourth quarter of fiscal 2021. Volumes were down 4% in the fourth quarter. Looking forward, the company projects solid profitability in fiscal 2022. Sales growth is estimated in a range of 5-7%, and volume growth in a range of 2-3%.
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Ginkgo Bioworks Q3 Loss Sharply Widens - Quick Facts
Ginkgo Bioworks Holdings, Inc. (DNA) reported on Monday that third-quarter net loss attributable to the company sharply widened to $101.88 million or $0.08 per share from $26.06 million or $0.02 per share in the prior-year quarter.
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Friday, November 12, 2021
AstraZeneca Stock Down On Q3 Loss; Maintains FY21 View
Shares of AstraZeneca Plc were losing around 4 percent in the morning trade in London as well as in pre-market activity on Nasdaq after the British drug maker reported Friday a loss in its third quarter, despite strong growth in revenues. Looking ahead, the covid vaccine maker said its earnings guidance for the full year 2021 remains unchanged.
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Toshiba To Split Into 3 Standalone Companies; Q2 Results Surge
Toshiba Corp. announced Friday its plan to split into three standalone companies aiming to tap the full potential of its businesses and maximize shareholder value. The decision comes as the Japanese conglomerate reported significant growth in its second-quarter earnings and sales. The Separation Plan utilizes a tax-qualified spin-off structure permitted under recent legislation.
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Thursday, November 11, 2021
Merck KGaA Stock Down On Weak Q3 Earnings; Lifts FY21 View
Merck KgaA's shares were losing around 2 percent in German trading after the healthcare major reported weak earnings in its third quarter. However, quarterly sales grew strong, and the company raised its fiscal 2021 outlook. BelƩn Garijo, CEO of Merck, said, "The third quarter was another quarter of strong profitable growth for Merck with all three business sectors and all regions contributing..."
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Dillard's Q3 Profit Soars - Quick Facts
Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that third-quarter net income soared to $197.3 million or $9.81 per share from $31.9 million or $1.43 per share in the prior-year quarter.
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Wednesday, November 10, 2021
Walt Disney Q4 Earnings Miss Street View; Shares Down
Shares of Walt Disney Co. (DIS) slipped nearly 5% in extended trading on Wednesday after the entertainment and media conglomerate reported a fourth-quarter earnings that missed Wall Street estimates, as streaming growth slows down.
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Kelly Services Q3 Results Miss Estimates - Quick Facts
Specialty talent solutions provider Kelly Services, Inc. (KELYA, KELYB) reported Wednesday that its net income for the third quarter more than doubled to $34.8 million or $0.87 per share from $16.7 million or $0.42 per share in the prior-year quarter.
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Wendy's Co. Trims FY21 Outlook; Boost Share Buyback - Quick Facts
While reporting financial results for the third quarter on Wednesday, The Wendy's Co. (WEN) trimmed its adjusted earnings and global systemwide sales growth guidance for the full-year 2021. The company also declared a quarterly dividend and increased share repurchase authorization.
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Energizer Holdings Guides FY22 Adj. EPS Below Estimates - Quick Facts
While reporting financial results for the fourth quarter on Wednesday, battery manufacturer Energizer Holdings, Inc. (ENR) provided its adjusted earnings guidance for the full year 2022, below analysts' expectations.
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National Vision Boosts FY21 Revenue Outlook As Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Wednesday, optical retail company National Vision Holdings, Inc. (EYE) maintained its adjusted earnings guidance for the full-year 2021, while raising annual net revenue and adjusted comparable store sales growth outlook.
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Allianz Q3 Profit Rises, Sees FY21 Profit At Top End Of View; Stock Up
Allianz SE shares were gaining around 1 percent in the morning trading in Germany after the insurance and asset management company reported Wednesday higher profit in its third quarter with strong operating performance across all business segments. Looking ahead for fiscal 2021, the company now expects operating profit to be at the higher end of the target range of 12 billion euros, plus or minus
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Tuesday, November 9, 2021
Federal Signal Slashes FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the third quarter on Thursday, Federal Signal Corp. (FSS) slashed its adjusted earnings guidance for the full year 2021, based on the volatile supply chain environment for the rest of the year.
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Sysco Reiterates FY22 EPS Outlook - Quick Facts
While reporting financial results for the first quarter on Tuesday, food products firm Sysco Corp. (SYY) reiterated its earnings guidance for the full-year 2022.
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Wabash National Slashes FY21 EPS Outlook; Guides FY22 EPS Above Estimates - Quick Facts
While reporting financial results for the third quarter on Tuesday, Wabash National Corp. (WNC) slashed its earnings outlook for the full-year 2021, to reflect increased supply chain and material cost headwinds.
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Roblox Up 26% In Pre-market After Q3 Loss Topped Estimate
Shares of online entertainment platform provider Roblox Corporation (RBLX) are trading 26 percent higher in pre-market after its third-quarter loss narrowed and surpassed the consensus estimates.
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Cardinal Health Reaffirms FY21 Adj. EPS Outlook; Swings To Profit In Q1 - Quick Facts
While reporting financial results for the first quarter on Tuesday, healthcare services company Cardinal Health, Inc. (CAH) reaffirmed its adjusted earnings guidance in the range of $5.60 to $5.90 per share.
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Hain Celestial Maintains FY22 Outlook; Q1 Results Top Estimates - Quick Facts
While reporting financial results for the first quarter on Tuesday, organic and natural products company Hain Celestial Group, Inc. (HAIN) maintained its adjusted net sales growth and adjusted EBITDA growth guidance for the full year 2022.
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Triumph Group Boosts FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the second quarter on Tuesday, Triumph Group, Inc. (TGI) raised its adjusted earnings outlook for the full-year 2021, while maintaining annual net sales guidance.
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Fraport Posts Profit In Q3, Lifts FY21 View; Stock Up
Shares of Fraport AG were gaining around 3 percent in the morning trade in Germany after the airport operator on Tuesday reported a third-quarter profit, compared to a loss last year, driven by strong recovery in demand. Citing the positive performance and the optimistic fourth-quarter forecast, the company lifted its fiscal 2021 earnings and revenue view.
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Monday, November 8, 2021
Henkel Warns On FY21 Earnings, Despite Higher Q3 Sales; Stock Down
Shares of Henkel AG & Co. KGaA were losing around 6 percent in German trading after the consumer goods maker said it now expects fiscal 2021 earnings at lower end of previous guidance range. Further, the company confirmed its annual sales view after reporting higher sales in its third quarter.
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Viasat Q2 Profit Surges, Tops Estimates - Quick Facts
Communications company Viasat Inc. (VSAT) reported Monday that net income attributable to common stockholders for the second quarter surged to $3.3 million or $0.04 per share from $2.0 million or $0.03 per share in the prior-year quarter.
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TreeHouse Foods Slashes FY21 Outlook; To Explore Strategic Alternatives - Quick Facts
While reporting financial results for the third quarter on Monday, TreeHouse Foods, Inc. (THS) slashed its adjusted earnings and net sales guidance for the full-year 2021, to reflect the incremental costs to support customers in the face of industry-wide labor availability and supply chain disruption.
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Friday, November 5, 2021
Tredegar Swings To Profit In Q3 - Quick Facts
Industrial manufacturer Tredegar Corp. (TG) reported Friday third-quarter net income from continuing operations of $6.23 million or $0.19 per share, compared to net loss from continuing operations of $16.98 million or $0.51 per share in the prior-year quarter.
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American Axle Boosts FY21 Sales Outlook As Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Friday, automotive supplier American Axle & Manufacturing Holdings Inc. or AAM (AXL) raised its sales and North American light vehicle production guidance for the full-year 2021.
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E.W. Scripps Q3 Results Top Estimates; Boosts FY21 Cash Flow Outlook - Quick Facts
media company E.W. Scripps Co. (SSP) reported Friday that its net income for the third quarter declined to $46.12 million or $0.50 per share from $58.52 million or $0.69 per share in the prior-year quarter. Income from continuing operations attributable to the shareholders of Scripps was $45.8 million or $0.49 per share.
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Groupon Swings To Profit In Q3, But Trims Revenue Outlook
Marketplace Groupon Inc. reported Friday a profit for the third quarter compared to a loss last year, primarily driven by an increase in North America Local gross billings and lower costs, destine a revenue decline. Adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also trimmed its revenue guidance for the full-year 2021.
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Thursday, November 4, 2021
Lexington Realty Q3 Results Top View; Raises FY21 Adj. FFO Outlook - Quick Facts
Lexington Realty Trust (LXP) reported Thursday that third-quarter funds from operations or FFO increased to $40.28 million or $0.14 per share from last year's $71.36 million or $0.25 per share.
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Itron Q3 Profit Tops Estimates, But Revenues Miss - Quick Facts
Itron, Inc. (ITRI) on Thursday reported a net loss attributable to the company of $1.87 million or $0.04 per share, sharply narrower than $25.36 million or $0.63 per share in the prior-year quarter. Excluding items, adjusted earnings per share for the quarter were $0.21, compared to $0.61 last year.
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HanesBrands Boosts FY21 Earnings Guidance - Quick Facts
While reporting financial results for the third quarter on Thursday, basic apparel maker HanesBrands, inc. (HBI) provided earnings and net sales guidance for the fourth quarter, and raised its earnings and adjusted earnings forecast for the full-year 2021.
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Credit Suisse Q3 Pre-tax Profit Climbs; Sees Net Loss In Q4; To Exit Prime Services
Swiss lender Credit Suisse reported Thursday weak net profit in its third quarter, while profit before tax climbed on good revenue growth. Looking ahead, the company said it expects a net loss in the fourth quarter, and a further reduction in market volumes for the remainder of 2021 as the trading environment normalizes. Separately, Credit Suisse announced its Group strategy.
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Parker Hannifin Boosts FY21 Outlook - Quick Facts
While reporting financial results for the first quarter on Thursday, Parker Hannifin Corp. (PH) raised its earnings, adjusted earnings and organic sales growth guidance for the full-year 2021, reflecting the continued robust demand trends across nearly all of end markets.
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Kellogg Reaffirms FY21 Adj. EPS Outlook, Boosts Organic Net Sales Growth - Quick Facts
While reporting its financial results for the third quarter on Thursday, Kellogg Co. (K) reaffirmed its currency-neutral adjusted earnings growth guidance for the full year 2021, while raising annual net sales outlook, reflecting underlying business momentum.
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Moderna Slashes FY21 Outlook As Q3 Results Miss Estimates
Moderna Inc. reported a profit for the third quarter compared to a loss last year, reflecting surging revenues amid vaccine sales. Total revenue for the quarter surged from last year, resulting from commercial sales of the company's COVID-19 vaccine in the U.S. However, quarterly earnings per share and revenues missed analysts' expectations. The company also slashed its 2021 outlook.
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Quanta Services Boosts FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Thursday, contracting services company Quanta Services, Inc. (PWR) raised its adjusted earnings and revenue guidance for the full-year 2021.
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Duke Energy Boosts FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Thursday, Duke Energy Corp. (DUK) raised its adjusted earnings guidance for the full year 2021.
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Wednesday, November 3, 2021
Scotts Miracle-Gro Guides FY22 Above View; Q4 Results Top Estimates - Quick Facts
While reporting financial results for the fourth quarter on Wednesday, Scotts Miracle-Gro Co. (SMG) initiated its adjusted earnings and sales growth guidance for the full-year 2022, both of which will be aided by a second pricing action in the U.S. Consumer segment to mitigate commodity inflation.
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Avista Confirms FY21, FY23 EPS Outlook; Cuts FY22 EPS Forecast - Quick Facts
While reporting financial results for the third quarter on Wednesday, energy company Avista Corp. (AVA) confirmed its earnings guidance for the full-year 2021 and 2023 as well as lowered its earnings forecast for the full-year 2022.
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Belden Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Wednesday, networking solutions provider Belden Inc. (BDC) raised its earnings, adjusted earnings, revenue and adjusted revenue guidance for the full year 2021, based on better than expected performance in the third quarter and an improved outlook for the remainder of the year. The company also provided outlook for the fourth quarter.
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Atlas Air Worldwide Q3 Profit Records Robust Growth
Atlas Air Worldwide Holdings, Inc. (AAWW) reported an increase in third-quarter profit to $119.5 million from $74.1 million in the prior year. On a per-share basis, earnings were $3.91, up from $2.78 last year. On an adjusted basis, earnings were $145.4 million or $4.88 per share.
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Charles River Labs Boosts FY21 EPS Outlook As Q2 Adj. EPS Tops Estimates - Quick Facts
While reporting financial results for the first quarter on Tuesday, Charles River Laboratories International, Inc. (CRL) raised its earnings and adjusted earnings guidance for the full-year 2021, primarily to reflect a lower-than-expected tax rate.
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Lufthansa Q3 Net Loss Narrows, Sees Positive EBITDA In Q4, Backs FY21 View; Stock Up
Shares of Deutsche Lufthansa AG were gaining around 6 percent in German trading after the airline issued positive EBITDA outlook for the fourth quarter, and maintained fiscal 2021 view. This was following significantly narrower net loss in its third quarter with strong demand. Lufthansa said it generated an operating profit in the third quarter for the first time since the beginning of the pandemi
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CVS Health Boosts FY21 Adj. EPS Outlook As Q3 Results Top Estimates
CVS Health Corp. reported on Wednesday a profit for the third quarter that increased from last year, driven revenue growth across all operating segments. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. However, the company raised its adjusted earnings guidance for the full-year 2021.
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Humana Slashes FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the third quarter on Wednesday, health insurer Humana Inc. (HUM) slashed its earnings and adjusted earnings guidance for the full-year 2021 to reflect a net COVID-19 headwind.
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Tuesday, November 2, 2021
Ferrari Q3 Net Profit Rises 21% - Quick Facts
Italian luxury sports carmaker Ferrari N.V. (RACE) reported Tuesday that its net profit for the third quarter increased to 207 million euros or 1.11 euros per share from 171 million euros or 0.92 euros per share in the prior-year quarter.
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Icahn Enterprises Q3 Loss Sharply Narrows - Quick Facts
Icahn Enterprises L.P. (IEP) reported Tuesday a net loss attributable to limited partners for the third quarter of $145 million or $0.55 per depositary unit, sharply narrower than $700 million or $3.14 per depositary unit in the prior-year quarter.
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Terminix Global Q3 Adj. EPS Tops Estimates; Boosts FY21 Revenue Outlook - Quick Facts
Terminix Global Holdings, Inc. (TMX) reported Tuesday that third-quarter net income was $38 million or $0.31 per share, compared to a net loss of $7 million or $0.06 per share in the prior-year quarter.
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Ralph Lauren Boosts FY22 Revenue Growth Outlook - Quick Facts
While reporting its financial results for the second quarter on Tuesday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenues to increase approximately 14 to 16 percent in constant currency for the third quarter.
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IPG Photonics Q3 Results Top Estimates; Guides Q4 Revenues Below Estimates - Quick Facts
IPG Photonics Corp. (IPGP) reported Tuesday that net income attributable to IPG for the third quarter more than doubled to $75.4 million or $1.40 per share from $35.6 million or $0.66 per share in the prior-year quarter.
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Zebra Technologies Guides Q4 Adj. EPS Above Estimates - Quick Facts
While reporting financial results for the third quarter on Tuesday, Zebra Technologies Corp. (ZBRA) provided its adjusted earnings and adjusted net sales growth guidance for the fourth quarter.
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Harsco Slashes FY21 Outlook As Q3 Results Miss Estimates - Quick Facts
Harsco Corp. (HSC) reported Tuesday third-quarter net income from continuing operations attributable to common stockholders of $8.70 million or $0.11 per share, compared to a net loss of $7.84 million or $0.10 per share in the prior-year quarter.
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Pfizer Q3 Profit Skyrockets On Vaccine Sales
Pfizer Inc. reported a profit for the first quarter that skyrocketed from last year, reflecting a 134 percent surge in revenues amid the solid sales of its COVID-19 vaccine Comirnaty. The company also raised its adjusted earnings and revenue guidance for the full-year 2021, with sales forecast for Comirnaty also raised.
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Bio-Techne Q1 Results Top Estimates; Declares Dividend - Quick Facts
Life sciences company Bio-Techne Corp. (TECH) reported Tuesday that first-quarter net earnings surged to $69.62 million or $1.69 per share from $33.40 million or $0.83 per share in the prior-year quarter.
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Standard Chartered Q3 Profit Surges, Backs Flat Income View For FY21; Stock Down
British bank Standard Chartered Plc reported Tuesday significantly higher profit in its third quarter with increased operating income. Looking ahead for fiscal 2021, the company said it continues to expect flat income on a constant currency basis, with fourth quarter being sequentially lower. The shares fell around 2 percent in Hong Kong regular trading, and were losing
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Monday, November 1, 2021
PG&E Corp. Reaffirms FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the second quarter on Thursday, PG&E Corp. (PCG) again reaffirmed its adjusted core earnings guidance for the full-year 2021.
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Ryanair Turns To Profit In Q2, Sees Narrower Loss In FY22; Stock Up
Shares of Ryanair Holdings Plc. were gaining around 2 percent in London trading after the low fares airline reported Monday a profit in its second quarter, compared to last year's loss, driven by significant growth in demand. Looking ahead for fiscal 2022, the company expects narrower loss.
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ANI Pharmaceuticals Slips To Loss In Q3, But Results Above Estimates - Quick Facts
Biopharmaceutical company ANI Pharmaceuticals, Inc. (ANIP) reported Monday a third-quarter net loss of $4.45 million or $0.37 per share, compared to net income of $0.43 million or $0.04 per share in the prior-year quarter.
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Friday, October 29, 2021
ARCA Biopharma Rises 11% As Interim Review Greenlights Covid-19 Treatment Trial
Shares of ARCA biopharma, Inc. (ABIO) are trading 11 percent higher in pre-market after the company announced that the Data and Safety Monitoring Committee completed a pre-specified interim analysis and recommended completion of the Covid-19 treatment trial with no modifications to the trial design.
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Imperial Oil Q3 Profit Skyrockets, Tops Estimates - Quick Facts
Imperial Oil Ltd. (IMO, IMO.TO) reported Friday that net income for the third quarter soared to C$908 million or C$1.29 per share from C$3 million or C$0.00 per share in the prior-year quarter.
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Exxon Mobil Q3 Profit Tops Estimates; Plans To Buy Back About $10 Bln Of Shares
Exxon Mobil Corp. (XOM) reported a profit for the third-quarter compared to a loss last year, reflecting improved demand and strong operations. Quarterly adjusted earnings per share topped analysts' expectations. The company plans to buy back up to $10 billion of shares over the next two years.
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W.W. Grainger Reaffirms FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Friday, W.W. Grainger, Inc. (GWW) reaffirmed its earnings and net sales guidance for the full-year 2021.
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AbbVie Raises FY21 Outlook; Boosts Dividend 8.5% - Quick Facts
While reporting financial results for the third quarter on Friday, biopharmaceutical company AbbVie Inc. (ABBV) raised its adjusted earnings guidance for the full-year 2021.
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Newell Brands Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Friday, consumer goods company Newell Brands, Inc. (NWL) raised its normalized earnings and net sales guidance for the full-year 2021, based on strong year-to-date results despite the external environment remaining challenging and volatile. The company also provided outlook for the fourth quarter.
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Barnes Group Trims FY21 Adj. EPS Outlook; Q3 Results Top Estimates - Quick Facts
While reporting financial for the third quarter on Friday, Barnes Group, Inc. (B), a provider of highly engineered products, trimmed its adjusted earnings guidance for the full-year 2021.
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Daimler Q3 Profit Up, Unit Sales Weak; Backs Positive Outlook For FY21; Stock Up
Shares of Daimler AG were gaining around 2 percent in the morning trading in Germany after the automaker Friday reported said it continues to expect significantly higher revenue and EBIT for fiscal 2021 after reporting higher profit in its third quarter. Revenues were nearly flat in the third quarter despite considerably lower production and sales due to the semiconductor shortage.
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Thursday, October 28, 2021
Medical Properties Trust Q3 Results Top Estimates; Boosts Outlook - Quick Facts
Medical Properties Trust, Inc. (MPW) reported Thursday that third-quarter net income attributable to stockholders increased to $171.14 million or $0.29 per share from $131.11 million or $0.25 per share in the prior-year quarter.
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OSI Systems Reiterates FY22 Outlook - Quick Facts
While reporting financial results for the first quarter on Thursday, OSI Systems, Inc. (OSIS) reiterated its adjusted earnings and revenue guidance for the full-year 2022.
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Oshkosh Q4 Results Top Estimates; Boosts Dividend 12% - Quick Facts
Oshkosh Corp. (OSK) reported on Thursday that net income for the fourth quarter declined to $89.7 million or $1.30 per share from $100.0 million or $1.46 per share in the prior-year quarter. Excluding items, adjusted net income was $1.05 per share, compared to $1.30 per share in the year-ago quarter.
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Moody's Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Thursday, Moody's Corp. (MCO) raised its earnings, adjusted earnings and revenue growth guidance for the full-year 2021.
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Illinois Tool Works Slashes FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Thursday, Illinois Tool Works, Inc. (ITW) slashed its earnings, revenue and organic revenue guidance for the full-year 2021.
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EMCOR Group Boosts FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Thursday, EMCOR Group, Inc. (EME) raised its earnings and revenue guidance for the full-year 2021, based on year-to-date performance.
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Lincoln Electric Q3 Results Top Estimates; Boosts Dividend 9.8 - Quick Facts
Lincoln Electric Holdings, Inc. (LECO) reported Tuesday that net income for the third quarter declined to $31.8 million or $0.53 per share from $58.5 million or $0.97 per share in the prior-year quarter.
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Comcast Q3 Profit Doubles, Results Top Estimates
Comcast Corp. (CMCSA, CMCSK) on Thursday reported that profit for the third quarter doubled from last year, driven by 19 percent revenue growth amid significant growth across each of its businesses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also declared a quarterly dividend.
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Volkswagen Q3 Pre-tax Profit Down, Cuts FY21 Revenue, Delivery View; Stock Down
Shares of Volkswagen AG were losing around 3 percent in German trading after the automaker reported weak profit before tax in its third quarter reflecting lower sales revenue, production and deliveries amid the the ongoing chip shortage. Looking ahead for fiscal 2021, Volkswagen reduced the sales revenue forecast for the Group and the Passenger Cars Business Area.
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Merck Q3 Results Top Estimates; Boosts FY21 Outlook - Quick Facts
Biopharmaceutical company Merck & Co., Inc. (MRK) reported Thursday that third-quarter net income attributable to the company increased to $4.57 billion or $1.80 per share from $2.32 billion or $0.92 per share in the prior-year quarter.
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Wednesday, October 27, 2021
Gibraltar Industries Slashes FY21 Outlook As Q3 Results Miss Estimates - Quick Facts
Gibraltar Industries, Inc. (ROCK) reported Wednesday that net income for the third quarter declined to $27.56 million or $0.83 per share from $33.76 million or $1.02 per share in the prior-year quarter.
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Silicon Labs Guides Q4 Well Above Estimates - Quick Facts
While reporting financial results for the third quarter on Wednesday, wireless technology firm Silicon Labs Inc. (SLAB) provided earnings and revenue guidance for the fourth quarter, well above analysts' expectations.
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Brink's Maintains FY21 Outlook - Quick Facts
While reporting financial results for the thirdd quarter on Wednesday, The Brink's Co. (BCO) maintained its earnings, adjusted earnings and revenue guidance for the full-year 2021. It also provided revenue outlook for the full-year 2022.
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General Motors Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
Automaker General Motors Co. (GM) on Wednesday reported third-quarter net income attributable to shareholders of $2.42 billion or $1.62 per share, lower than $4.05 billion or $2.78 per share in the prior-year quarter.
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Boeing Q3 Loss Sharply Narrows, But Misses Estimates
Boeing on Wednesday reported a loss for the first quarter that sharply narrowed from last year, reflecting an 8 percent increase in revenues on higher commercial airplanes and services volumes. However, core loss per share and quarterly revenues came in below analysts' expectations. Looking ahead, the airplane maker said supply chain capacity and global trade will be key drivers of the industry.
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Bristol-Myers Squibb Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
While reporting financial results for the third quarter on Wednesday, biopharmaceutical company Bristol-Myers Squibb Co. (BMY) raised its adjusted earnings guidance for the full-year 2021.
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Applied Industrial Maintains FY22 Outlook; Q1 Results Top Estimates - Quick Facts
While reporting financial results for the first quarter on Wednesday, Applied Industrial Technologies Inc. (AIT) maintained its earnings and sales growth guidance for the full-year 2022.
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Boston Scientific Boosts FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Wednesday, medical devices company Boston Scientific Corp. (BSX) raised its earnings, adjusted earnings and revenue growth guidance for the full-year 2021 and provided outlook for the fourth quarter.
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Deutsche Bank Q3 Core Bank Profit Edges Down, Says Confident Of FY22 View; Stock Down
German banking major Deutsche Bank AG reported Wednesday higher profit in its third quarter with sharp drop in provision for credit losses and higher revenues. Meanwhile, Core Bank profit before tax was slightly down amid flat Corporate Bank revenues and weakness in Investment Bank and Private Bank segments, despite a growth in Asset Management revenues. The shares were losing around 5 percent in
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Tuesday, October 26, 2021
United Bankshares Q3 Profit Declines - Quick Facts
United Bankshares, Inc. (UBSI) reported on Tuesday that net income for the third quarter increased to $92.2 million or $0.71 per share from $103.8 million or $0.80 per share in the prior-year quarter.
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Lockheed Martin Boosts FY21 Adj. EPS Outlook; Sees Weak Revenues In FY22 - Quick Facts
While reporting financial results for the third quarter on Tuesday, Lockheed Martin Corp. (LMT) raised its earnings and adjusted earnings guidance for the full-year 2021, while trimming annual net sales outlook. The company also provided preliminary revenue outlook for fiscal 2022.
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Pentair Boosts FY21 Outlook; Guides Q4 In Line - Quick Facts
While reporting financial results for the third quarter on Tuesday, Pentair plc (PNR) raised its earnings, adjusted earnings and sales guidance for the full-year 2021. The company also provided outlook for the fourth quarter.
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Waste Management Boost FY21 Revenue Growth Outlook - Quick Facts
While reporting financial results for the third quarter on Tuesday, environmental solutions company Waste Management, Inc. (WM) raised its revenue growth guidance for the full-year 2021.
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General Electric Q3 Industrial Profit Rises, Revenue Mixed; Raises 2021 Guidance
General Electric Company (GE) said it delivered a strong third quarter as orders grew, and margins continued to improve from a year ago. Adjusted GE Industrial organic profit increased 54% year-on-year, organically, driven primarily by increases at Aviation and Power, partially offset by decreases at Renewable Energy and Healthcare. Adjusted Industrial profit margin was 7.5%, up 270 bps from prior year. Revenue was mixed with GE Industrial organic revenue declining 1%, for the quarter. GE Capital revenues were down 3%.
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MarineMax Guides FY22 Adj. EPS Well Above Estimates - Quick Facts
While reporting financial results for the fourth quarter on Tuesday, recreational boat and yacht retailer MarineMax Inc. (HZO) initiated its earnings guidance for the full-year 2022, well above estimates, based on current business conditions, retail trends and other factors.
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Raytheon Technologies Boosts FY21 Adj. EPS Outlook - Quick Facts
While reporting financial results for the third quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) raised its adjusted earnings outlook for the full-year 2021, while maintaining annual revenue guidance within the prior forecast range.
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3M Narrows FY21 Outlook Range - Quick Facts
While reporting financial results for the third quarter on Tuesday, 3M Co. (MMM) narrowed its earnings, sales and organic local-currency sales growth outlook range for the full-year 2021, to reflect year-to-date results and reflect the current global supply chain disruptions.
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UBS Q3 Profit Rises, Plans Buyback; Stock Up
Shares of UBS Group AG were gaining around 2 percent in Swiss trading after the banking major reported Tuesday higher profit in its third quarter with growth in net interest income. Further, the company said it intends to repurchase up to $0.6 billion of shares during the fourth quarter. The company will provide strategic update on February 1, 2022.
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Monday, October 25, 2021
HSBC Q3 Profit Soars, Backs Positive View; To Buy Back $2 Bln Shares
HSBC Holdings Plc shares were gaining In London trading as well as in pre-market activity on the NYSE after the Asia-focused lender backed its positive outlook after reporting significantly higher third-quarter profit. Further, the company announced share buyback of $2 billion, which will be commenced shortly.
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Lennox Int'l Narrows FY21 Outlook Range; Q3 Results Miss Estimates - Quick Facts
While reporting financial results for the third quarter on Monday, Lennox International Inc. (LII) narrowed its earnings and revenue growth guidance for the full-year 2021.
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Alliance Resource Partners Doubles Cash Distribution - Quick Facts
While reporting financial results for the fourth quarter on Monday, Alliance Resource Partners, L.P. (ARLP) announced a 100 percent increase in its cash distribution to unitholders.
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Community Bank System Q3 Profit Rises, Tops View - Quick Facts
Community Bank System Inc. (CBU) reported that its third quarter net income increased to $45.3 million or $0.83 per share from $42.8 million or $0.79 per share in the prior-year quarter.
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Friday, October 22, 2021
American Express Q3 Profit Tops Estimates; Adj. Revenues Up 24%
American Express Company (AXP) reported an increase in profit for the third quarter that also topped Wall Street estimates. Consolidated total revenues net of interest expense rose 25 percent year-on-year, primarily reflecting growth in Card Member spending, as well as a rise in the average discount rate resulting from the change in the mix of spending driven by increased levels of travel and entertainment spending, compared to the prior year. Looking forward, the company said it remains confident in its ability to be within the high end of the range of the earnings per share expectations it had for 2020 in 2022.
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HCA Healthcare Boosts FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Friday, healthcare provider HCA Healthcare, Inc. (HCA) raised its earnings and revenue guidance for the full-year 2021.
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VF Corp. Backs FY22 Outlook; Declares Dividend - Quick Facts
While reporting financial results for the second quarter on Friday, VF Corp. (VFC) maintains its adjusted earnings and revenue guidance for the full-year 2022.
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Thursday, October 21, 2021
Genuine Parts Boosts FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Thursday, Genuine Parts Co. (GPC) raised its earnings, adjusted earnings and total net sales growth guidance for the full-year 2021.
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Ally Financial Q3 Results Top Estimates; To Buy Fair Square Financial For $750 Mln Cash -Quick Facts
Ally Financial Inc. (ALLY), a bank holding company, reported Thursday that third-quarter net income attributable to shareholders increased to $683 million or $1.89 per share from $476 million or $1.26 per share in the year-ago quarter.
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Tractor Supply Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
Rural lifestyle retailer Tractor Supply Co. (TSCO) on Thursday reported that net income for the third quarter increased to $224.4 million or $1.95 per share from $190.6 million or $1.62 per share in the prior-year quarter.
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American Airlines Q3 Results Better Than Estimates
American Airlines Group Inc. (AAL) said it flew 48 million passengers during the third-quarter, more than any other U.S. airline. Excluding special items, the company recorded its smallest loss since pandemic began. The company noted that its recovery took a pause in the third quarter due to the delta variant of COVID-19. However, total revenue increased 20% sequentially on 12% increase in capacity.
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Pool Corp Boosts FY21 Outlook As Q3 Results Top Estimates - Quick Facts
Pool Corp. (POOL) on Thursday reported that net income for the third quarter surged 55 percent to $184.67 million or $4.54 per share from $119.10 million or $2.92 per share in the prior-year quarter.
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Sonoco Products Q3 Results Top Estimates; Trims FY21 Outlook - Quick Facts
Packaging company Sonoco Products Co. (SON) reported Thursday that third-quarter net income attributable to the company increased to $111.1 million or $1.12 per share from $83.4 million or $0.82 per share in the year-ago quarter.
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Quest Diagnostics Boosts FY21 Outlook - Quick Facts
While reporting financial results for the second quarter on Thursday, Quest Diagnostics Inc. (DGX) raised its earnings, adjusted earnings and revenue guidance for the full-year 2021, to reflect higher than anticipated COVID-19 testing volumes and base business performance.
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Wednesday, October 20, 2021
Knight-Swift Transportation Q3 Results Top Estimates; Boosts Outlook - Quick Facts
Knight-Swift Transportation Holdings Inc. (KNX) reported Wednesday that its third-quarter net income attributable to the company climbed to $206.18 million or $1.23 per share from $122.06 million or $0.71 per share in the prior-year quarter.
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Verizon Q3 Profit Tops Estimates; Raises 2021 Guidance
Verizon Communications Inc. (VZ) said, on an adjusted basis, its third-quarter earnings per share rose 12.8 percent from a year ago. The company said its earnings were highlighted by revenue and customer growth as more than one in four Consumer wireless phone customers now have a 5G-capable device. The company delivered 699,000 retail postpaid net additions, including 429,000 phone net additions, resulting in 122.0 million total retail connections. Third-quarter phone net additions increased 51.6 percent year over year. Excluding Verizon Media, third-quarter total consolidated operating revenues increased 5.5 percent. Total wireless service revenue was up 3.9 percent, driven by higher access revenue, volume growth and products.
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Canadian Pacific Railway Q3 Profit Declines; Results Miss Estimates - Quick Facts
Canadian Pacific Railway Limited (CP, CP.TO) reported Wednesday that third-quarter net income declined to C$472 million or C$0.70 per share from C$598 million or C$0.88 per share in the prior-year quarter.
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Watsco Q3 Profit Rises, Tops Estimates - Quick Facts
Watsco, Inc. (WSO), a distribution network for heating, air conditioning and refrigeration products, on Wednesday reported an increase in third-quarter earnings allocated to shareholders to $128.30 million or $3.62 per share from $97.35 million or $2.76 per share in the prior-year quarter.
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Abbott Laboratories Boosts FY21 Outlook - Quick Facts
While reporting financial results for the third quarter on Wednesday, Abbott Laboratories (ABT) raised its earnings and adjusted earnings guidance for the full-year 2021.
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Nasdaq Q3 Results Top Estimates - Quick Facts
Nasdaq Inc. (NDAQ) reported Wednesday that its net income for the third quarter grew to $288 million or $1.69 per share from $264 million or $1.58 per share in the prior-year quarter.
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Healthcare Services Group Q3 Results Miss Estimates; Boosts Dividend - Quick Facts
Healthcare Services Group, Inc. (HCSG) reported Wednesday that third-quarter net income plunged to $9.54 million or $0.13 per share from $27.64 million or $0.37 per share in the prior-year quarter.
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MarketAxess Q3 Profit Declines, But Tops Estimates - Quick Facts
MarketAxess Holdings Inc. (MKTX) reported Wednesday that its third-quarter net income declined to $58.0 million or $1.52 per share from $67.8 million or $1.78 per share in the prior-year quarter.
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Tuesday, October 19, 2021
Dermata Rises 5% In Pre-market Upon Positive Phase 1b Trial Results For Psoriasis Drug
Shares of California-based Dermata Therapeutics, Inc. (DRMA), are up more than 5 percent in pre-market after it announced positive topline results from phase 1b clinical trial of DMT310, its lead product candidate for the treatment of mild-to-moderate Psoriasis.
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First Midwest Bancorp Q3 Results Top Estimates - Quick Facts
First Midwest Bancorp Inc. (FMBI) reported Tuesday that net income applicable to common shares for the third quarter surged to $50.31 million or $0.44 per share from $23.35 million or $0.21 per share in the prior-year quarter.
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ManpowerGroup Q3 Profit Soars; Guides Q4 EPS - Quick Facts
While reporting financial results for the third quarter on Tuesday, workforce solutions provider ManpowerGroup, Inc. (MAN) said it expects earnings for the fourth quarter to be in the range of $1.99 to $2.07, which includes an estimated unfavorable currency impact of $0.04.
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Johnson & Johnson Q3 Earnings Top Estimates; Lifts FY21 View Above Market
Drug major Johnson & Johnson on Tuesday raised again its forecast for fiscal 2021 earnings and sales, which are above market view, after reporting higher results in the third quarter. The company's quarterly adjusted earnings also beat market estimates. In pre-market activity on the NYSE, JNJ shares were gaining around 1.24 percent to trade at $162.10.
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Procter & Gamble Q1 Results Top Estimates; Backs FY22 Outlook - Quick Facts
While reporting financial results for the first quarter on Tuesday, consumer goods giant Procter & Gamble Co. (PG) maintained its full-year 2022 guidance for core earnings per share growth, organic sales growth and all-in sales growth for the year.
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Silvergate Capital Q3 Profit Soars - Quick Facts
Silvergate Capital Corp. (SI) on Tuesday reported net income for the third quarter of $23.49 million or $0.88 per share, sharply higher than $7.06 million or $0.37 per share in the year-ago quarter.
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Synovus Financial Q3 Results Top Estimates - Quick Facts
Synovus Financial Corp. (SNV), a provider of commercial and retail banking, investment, and mortgage services, reported Tuesday that its third-quarter net income available to common shareholders was $178.48 million or $1.21 per share, higher than $83.28 million or $0.56 per share in the year-ago quarter.
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Monday, October 18, 2021
Albertsons Cos. Raises FY21 Outlook As Q2 Results Top Estimates; Boosts Dividend 20% - Quick Facts
While reporting financial results for the second quarter on Monday, food and drug retailer Albertsons Companies, Inc. (ACI) raised its adjusted earnings and identical sales guidance for the full-year 2021.
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Philips Q3 Net Profit Soars, EBITA, Sales Weak; Lowers FY21 View; Stock Down
Shares of Philips Electronics NV were losing around 2 percent in the morning trading in Amsterdam after the Dutch consumer electronics giant on Monday trimmed its outlook for fiscal 2021 after reporting weak EBITA and sales in its third quarter. The results were hurt by supply chain challenges as well as Sleep & Respiratory Care recall. However, quarterly net profit was significantly higher.
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Friday, October 15, 2021
LM Funding America Up 50% As Bitcoin Nears $60,000
Shares of technology-based specialty finance company LM Funding America, Inc. (LMFA) were up more than 50 percent in pre-market trade. LMFA had some time ago announced that it was entering the cryptocurrency mining business through a new subsidiary, US Digital Mining and Hosting Co., LLC. The rally is most likely attributed to the surge in prices of cryptocurrencies, especially Bitcoin.
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Goldman Sachs Q3 Profit Beats Estimates; Net Revenues Up 26%
The Goldman Sachs Group, Inc. (GS) reported that its third quarter net earnings applicable to common shareholders increased 63 percent year-on-year. Net revenues were also significantly higher reflecting significantly higher net revenues in Investment Banking, Global Markets and Consumer & Wealth Management, partially offset by lower net revenues in Asset Management. Investment Banking reported its second highest quarterly net revenues, reflecting record quarterly net revenues in Financial advisory and continued strength in Underwriting.
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Thursday, October 14, 2021
Progressive Corp. Q3 Profit Plummets - Quick Facts
Progressive Corp. (PGR) reported Thursday that its net income attributable to the company for the third quarter plummeted to $118.5 million or $0.19 per share from $1.53 billion or $2.59 per share in the prior-year quarter.
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Morgan Stanley Q3 Profit Rises 36%
Financial services firm Morgan Stanley (MS) reported Thursday a profit for the third quarter that increased 36 percent from last year, reflecting 26 percent revenue growth amidst strength across all business segments and regions. "We had standout performance of our integrated Investment Bank and record net new assets of $135 billion in Wealth Management," said James Gorman, Chairman and CEO.
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Bank Of America Q3 Profit Up 58%, Results Top Estimates - Quick Facts
Bank of America Corp. (BAC) reported Thursday that net income for the third quarter surged 58 percent to $7.69 billion from last year's $4.88 billion, with earnings per share increasing to $0.85 from $0.51 in the prior year.
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Wednesday, October 13, 2021
Wipro Q2 Profit Rises 18.9%, Revenue Up 30.1% - Quick Facts
India-based software services company Wipro Ltd. (WIT) reported Wednesday that second-quarter net income attributable to equity holders was 29.31 billion Indian rupees or $394 million, up 18.9 percent from last year's 24.84 billion rupees.
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JPMorgan Q3 Profit Up 24%, Results Top Estimates
US investment bank JPMorgan Chase & Co. reported Wednesday a profit for the third quarter that grew 24 percent from last year, driven by primarily by an income tax benefit and higher credit reserve releases. Both adjusted earnings per share and revenues for the quarter topped analysts' expectations.
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Tuesday, October 12, 2021
AZZ Boosts FY22 EPS Outlook - Quick Facts
While reporting financial results for the second quarter on Tuesday, AZZ, Inc. (AZZ), a provider of metal coating solutions and welding solutions, raised its earnings guidance for the full-year 2022, due to the continued operating performance in its segments.
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Friday, October 8, 2021
ChemoCentryx Secures FDA Nod For Avacopan, Shares Jump
Shares of ChemoCentryx Inc (CCXI) have risen more than 72 percent in pre-market trading Friday, following FDA approval of the company's Avacopan.
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Thursday, October 7, 2021
Lamb Weston Trims FY22 Sales Growth Outlook As Q1 Results Miss Estimates - Quick Facts
While reporting financial results for the first quarter on Thursday, Lamb Weston Holdings, Inc. (LW) said it now projects net sales growth for the full-year 2022 to be above its long-term target range of low-single digits.
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Conagra Brands Q1 Profit Tops Estimates, Reaffirms FY22 Earnings View
Conagra Brands, Inc. (CAG) reported that its first-quarter adjusted net income attributable to company decreased 30.2% year-on-year driven primarily by the decrease in gross profit. Gross margin decreased 486 basis points to 25.4% in the quarter, and adjusted gross margin decreased 530 basis points to 25.4%.
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Conagra Brands Q1 Profit Tops Estimates, Organic Sales Down 0.4%; Reaffirms FY22 Adj. EPS Guidance
Conagra Brands, Inc. (CAG) reported that its first-quarter adjusted net income attributable to company decreased 30.2% year-on-year driven primarily by the decrease in gross profit. Gross margin decreased 486 basis points to 25.4% in the quarter, and adjusted gross margin decreased 530 basis points to 25.4%. Organic net sales were down 0.4%, for the quarter. Looking forward, the company reaffirmed fiscal 2022 guidance for adjusted earnings per share, and adjusted operating margin. Organic net sales growth is now expected to be approximately 1%, revised from prior guidance of approximately flat.
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Tilray Q1 Net Loss Widens - Quick Facts
Cannabis cultivator Tilray, Inc. (TLRY, TLRY.TO) reported Thursday a first-quarter net loss of $34.6 million or $0.08 per share, compared to a net loss of $21.7 million or $0.09 per share in the prior-year quarter.
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Tuesday, October 5, 2021
PepsiCo Q3 Profit Tops Estimates; Raises Guidance
PepsiCo, Inc. (PEP) reported core constant currency earnings per share growth of 5.5% for the third quarter 2021. Organic revenue growth was 9.0%. Looking forward, the company now projects full-year core constant currency earnings per share to increase at least 11 percent, and organic revenue to increase approximately 8 percent.
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Friday, October 1, 2021
AngioDynamics - Eyeing Double Digit Revenue Growth
After an upbeat fiscal first quarter, AngioDynamics Inc. (ANGO) appears confident in its future as it continues to execute its strategic plan of transformation into a high-growth Med Tech company.
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Thursday, September 30, 2021
Intuit Reaffirms Q1, FY22 Outlook - Quick Facts
Ahead of its virtual Investor Day later on Thursday, technology platform Intuit Inc. (INTU) reaffirmed its financial guidance for the first quarter and full fiscal year 2022.
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Paychex Boosts FY22 Outlook - Quick Facts
While reporting financial results for the first quarter of fiscal 2022 on Thursday, payroll and HR services provider Paychex Inc. (PAYX) raised its earnings and revenue growth guidance for the full year 2022, based on the strong first-quarter results.
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Bed Bath & Beyond Cuts FY21 Outlook As Q2 Results Miss Estimates
Home improvement retailer Bed Bath & Beyond reported on Thursday a net loss for second quarter compared to a profit last year, hurt by charges related to its restructuring and transformation initiatives. Both adjusted earnings per share and net sales missed analysts' expectations. The company also slashed its financial guidance for the full-year 2021.
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AngioDynamics Q1 Results Top Estimates; Boosts FY22 Sales Outlook - Quick Facts
While reporting financial results for the first quarter on Thursday, medical devices company AngioDynamics, Inc. (ANGO) maintained its adjusted earnings guidance for the full year 2022, while raising annual net sales outlook.
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Wednesday, September 29, 2021
Jabil Guides Q1 Above Estimates - Quick Facts
While reporting preliminary, unaudited financial results for the fourth quarter on Wednesday, manufacturing solutions provider Jabil, Inc. (JBL) provided earnings and revenue guidance for the first quarter of fiscal 2022.
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Worthington Industries Q1 Results Top Estimates - Quick Facts
Industrial manufacturing company Worthington Industries, Inc. (WOR) reported Wednesday that net earnings for the first quarter plunged to $132.5 million or $2.55 per share from $616.7 million or $11.22 per share in the prior-year quarter.
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GeoVax Labs Up 23% In Pre-market On Gedeptin License For Solid Tumor Treatment
Shares of Georgia-headquartered GeoVax Labs, Inc. (GOVX) were rising more than 23 percent in pre-market trade after it announced an Assignment and License Agreement with PNP Therapeutics, Inc. that grants GeoVax exclusive rights to develop and commercialize Gedeptin, a novel patented product for the treatment of solid tumors.
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Tuesday, September 28, 2021
FactSet Guides FY22 Well Above Estimates As Q4 Results To View - Quick Facts
While reporting financial results for the fourth quarter on Tuesday, FactSet Research Systems, Inc. (FDS) initiated its earnings and revenue outlook for the full-year 2022, well above analysts' expectations.
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Frequency Electronics Up 17% In Pre-market On Bagging US Govt. Order
Shares of New York - headquartered Frequency Electronics (FEIM) have risen almost 17 percent in pre-market trade after it announced the award of a contract by the Office of Naval Research, to develop the Pulsed Optically-Pumped Rubidium Atomic Frequency Standard (POPRAFS) for US Government applications.
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Thor Industries Q4 Results Top Estimates - Quick Facts
Thor Industries, Inc. (THO), manufacturer of recreational vehicles, reported Tuesday that net income attributable to the company for the fourth quarter almost doubled to $230.28 million or $4.12 per share from $119.17 million or $2.14 per share in the prior-year quarter.
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Thursday, September 23, 2021
Darden Restaurants Boosts FY22 Outlook - Quick Facts
While reporting financial results for the first quarter on Thursday, restaurant company Darden Restaurants, Inc. (DRI) raised its earnings and sales guidance for the full year 2022. The company also reported blended same-restaurant sales increase of 47.5% and the addition of 34 net new restaurants in the first quarter.
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Accenture Guides FY22 Above Estimates; Raises Dividend 10% - Quick Facts
While reporting financial results for the fourth quarter on Thursday, professional services company Accenture Plc (ACN) initiated earnings and revenue growth outlook for the full-year 2022, above analysts' estimates and also provided revenue outlook for the first quarter.
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Wednesday, September 22, 2021
General Mills Q1 Profit Beats Estimates; Reaffirms FY22 Targets
General Mills (GIS) said its first-quarter top- and bottom-line results were ahead of its expectations. The company also reaffirmed its fiscal 2022 outlook. Looking forward, General Mills anticipates changes in consumer behaviors driven by the COVID-19 pandemic will result in ongoing elevated consumer demand for food at home, relative to pre-pandemic levels. The company plans to capitalize on these opportunities.
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Tuesday, September 21, 2021
Cracker Barrel Q4 Comp Sales Decline 6.8% Over Q4 2019 - Quick Facts
While reporting financial results for the fourth quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) reported that comparable store restaurant sales decreased 6.8%, while comparable store retail sales increased 18.2%, both over the fourth quarter of fiscal 2019.
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AutoZone Q4 Results Top Estimates - Quick Facts
Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the third quarter increased to $785.77 million or $35.72 per share from $740.46 million or $30.93 per share in the year-ago quarter.
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Apogee Enterprises Guides FY22 Adj. EPS In Line With Estimates; Q2 Results Top View - Quick Facts
While reporting financial results for the second quarter on Tuesday, Apogee Enterprises, Inc. (APOG) provided adjusted earnings guidance for the full-year 2022, in line with analysts' estimates.
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Friday, September 17, 2021
Progressive Corp. Slips To Slight Loss In August - Quick Facts
Insurer Progressive Corp. (PGR) reported Friday a net loss for the month of August of $6.6 million or $0.02 per share, compared to net income of $487.4 million or $0.83 per share in the prior-year month.
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Friday, September 10, 2021
Kroger Co. Q2 Profit Beats Estimates, Raises 2021 Guidance
The Kroger Co. (KR) reported an increase in adjusted profit for the second-quarter that also topped Wall Street estimates. Excluding fuel, sales decreased 0.4% year-on-year. For fiscal 2021, Kroger Co. projects adjusted identical sales to decline in a range of 1.5% to 1.0%. The company remains confident in its ability to deliver total shareholder returns of 8% to 11% over time.
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Thursday, September 9, 2021
Lovesac Swings To Profit In Q2 - Quick Facts
Lovesac Co. (LOVE), a direct-to-consumer specialty furniture brand, on Thursday reported net income for the second quarter of $8.45 million or $0.52 per share, compared to a net loss of $1.11 million or $0.08 per share in the prior-year quarter.
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Tuesday Morning Loss Sharply Narrows In Q4; Appoints Jennifer Robinson CFO - Quick Facts
Off-price retailer Tuesday Morning Corp. (TUES), which emerged from Bankruptcy in April, provided Thursday condensed operation results for the fourth quarter of fiscal 2021 for the lack of comparability to the fourth quarter of fiscal 2020, due to actions related to bankruptcy filing as well as the impact from temporary store and distribution center closures related to Covid-19.
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Wednesday, September 8, 2021
Lululemon Athletica Results Trounce Street View, Lifts FY Outlook; Shares Jump 10%
Shares of Lululemon Athletica Inc. (LULU) jumped over 10% in extended trading session on Wednesday after the company reported a second-quarter profit that surged from a year ago, driven largely by strong revenues. Both earnings and revenues for the three-month period trumped Wall Street estimates. Moving ahead, the yoga apparel retailer lifted its outlook for the full year
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Korn Ferry Guides Q2 Well Above Estimates - Quick Facts
While reporting financial results for the first quarter on Wednesday, consulting firm Korn Ferry (KFY) provided earnings and fee revenue guidance for the second quarter of fiscal 2022, well above analysts' estimates.
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Thursday, September 2, 2021
American Eagle Outfitters Turns To Profit In Q2; Revenues Miss View
American Eagle Outfitters Inc. (AEO) reported a profit for the second-quarter compared to a loss in the prior year. Quarterly net revenues increased 35 percent, while store revenue increased 73 percent. Revenue for the quarter missed analysts' expectations.
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G-III Apparel Boosts FY22 Outlook As Q2 Results Top Estimates - Quick Facts
While reporting financial results for the second quarter on Thursday, G-III Apparel Group, Ltd. (GIII) provided earnings and net sales guidance for the third quarter and raised its earnings and net sales forecast for the full-year 2022.
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Brady Corp. Guides FY22 Adj. EPS In Line With Estimates - Quick Facts
While reporting financial results for the fourth quarter on Thursday, Brady Corp. (BRC) initiated its earnings guidance for the full-year 2022, in line with analysts' expectations.
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Donaldson Guides FY22 Adj. EPS Well Below Estimates - Quick Facts
While reporting financial results for the fourth quarter on Thursday, Donaldson Co. Inc. (DCI) initiated its earnings and sales growth guidance for the full-year 2022.
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Hormel Foods Boosts FY21 Net Sales Outlook, While Trimming EPS - Quick Facts
While reporting financial results for the third quarter on Thursday, branded food company Hormel Foods Corp. (HRL) raised net sales guidance for the full-year 2021, while trimming annual earnings outlook.
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Wednesday, September 1, 2021
Vera Bradley Trims FY22 Outlook As Q2 Results Miss Estimates - Quick Facts
While reporting financial results for the second quarter on Wednesday, Vera Bradley, Inc. (VRA) trimmed its earnings and revenue guidance for the full-year 2022, based on the second quarter performance and certain industry and economic headwinds.
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Campbell Soup Q4 Profit Beats Estimates; Issues FY22 Outlook
Campbell Soup Company (CPB) reported fourth-quarter profit that topped Wall Street estimates. Organic net sales declined 4% year-on-year, driven by a 5% decrease in volume and mix primarily as a result of cycling both the elevated demand in food purchases for at-home consumption and the partial retailer inventory recovery in the prior year. Looking forward, Campbell Soup issued fiscal 2022 guidance, and said it expects the first quarter to be the most challenging. Also, the Board of Directors approved a $500 million strategic share repurchase program.
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Brown-Forman Backs FY22 Sales Growth Outlook - Quick Facts
While reporting financial results for the first quarter on Wednesday, Brown-Forman Corp. (BFA, BFB) said it still anticipates mid-single digit growth in underlying net sales and operating income for the full-year 2022.
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Daktronics Q1 Profit Halves - Quick Facts
Daktronics Inc. (DAKT) reported Wednesday first quarter net income of $3.69 million or $0.08 per share, down from $7.47 million or $0.17 per share in the prior-year quarter.
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Tuesday, August 31, 2021
Designer Brands Swings To Profit In Q2, Tops Estimates - Quick Facts
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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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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EstƩe Lauder Guides FY22 Adj. EPS Above Estimates - Quick Facts
While reporting financial results for the fourth quarter on Thursday, EstƩe 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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