Public Service Enterprise Narrows FY22 Operating Earnings Outlook Range - Update

While reporting financial results for the second quarter on Tuesday, Public Service Enterprise Group, Inc. (PEG) narrowed its operating earnings guidance range for the full-year 2022.

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Imperial Oil Q3 Profit Soars; Boosts Dividend 29%

Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that third-quarter net income soared to C$2.03 billion or C$3.24 per share from C$908 million or C$1.29 per share in the prior-year quarter.

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NextEra Energy Maintains FY22 Adj. EPS Outlook - Update

While reporting financial results for the third quarter on Friday, clean energy company NextEra Energy, Inc. (NEE) maintained its adjusted earnings guidance for the full year 2022. It also reaffirmed its outlook for fiscal 2023 and 2024.

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NextEra Energy Partners Boosts Quarterly Distribution 15% - Update

While reporting financial results for the third quarter on Friday, clean energy company NextEra Energy Partners LP (NEP) said its board of directors of NextEra Energy Partners declared a 15 percent higher quarterly distribution of $0.7875 per common unit to the unitholders of NextEra Energy Partners, payable on November 14, 2022 to unitholders of record as of November 4, 2022.

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DaVita Q3 Profit Tumbles, Cuts FY22 Outlook

DaVita Inc. (DVA) Friday reported a fall in third-quarter earnings, despite a slight increase in revenue.

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Chevron Stock Rises As Q3 Profit Beats Estimates

Chevron Corp. (CVX) said the company delivered another quarter of strong financial performance with return on capital employed of 25 percent. The company's Permian production was another quarterly record.

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IAG Posts Operating Profit Before Exceptional Items In Q3

International Consolidated Airlines Group S.A. (IAG.L, BAIRY.PK, BAY.L) reported third quarter operating profit before exceptional items of 1.21 billion euros compared to a loss before exceptional items of 485 million euros, prior year. Profit after tax before exceptional items was 853 million euros compared to a loss of 606 million euros.

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Volkswagen Q3 Operating Result Before Items Rises; 2022 Deliveries To Be Similar To Last Year

Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) reported third quarter operating result before special items of 4.3 billion euros, an increase of 52.6% from last year. Earnings after tax was 2.1 billion euros, down 26.5%. Sales revenue were 70.7 billion euros, up 24.2%.

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Carpenter Technology Reports Q1 Net Loss Narrows

Carpenter Technology Corp. (CRS) Thursday reported loss for the first quarter, narrower than the prior year, as net sales increased 35 percent from the prior year.

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Oshkosh Q3 Results Miss Estimates, But Reaffirms FY22 Outlook

Oshkosh Corp. (OSK) reported on Thursday that net income for the third quarter declined to $59.3 million or $0.90 per share from $89.7 million or $1.30 per share in the prior-year quarter. Excluding items, adjusted net income was $1.00 per share, compared to $1.05 per share in the year-ago quarter.

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Brunswick Now Sees FY22 Adj. EPS, Nets Sales At Low End Of Prior Forecast Range - Update

While reporting financial results for the third quarter on Thursday, recreation products maker Brunswick Corp. (BC) now expects its adjusted earnings and net sales for the full-year 2022 at the low end of its prior forecast. It also provided outlook for the fourth quarter.

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Credit Suisse Stock Dips On Q3 Loss, Q4 Loss Warning; To Raise CHF 4 Bln

Shares of Credit Suisse Group AG were losing around 14 percent in the morning trading in Switzerland as well as 11 percent in pre-market activity on the NYSE, after the Swiss banking major reported Thursday a hefty loss in its third quarter, compared to prior year's profit, mainly hurt by weaker performance for Investment Bank. The company also projects a net loss for the Group in the fourth quart

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Unilever Q3 Underlying Sales Up 10.6%

Unilever (UN, ULVR.L, UL) reported that its underlying sales growth was 10.6% in the third quarter, led by further increases in pricing with only a limited impact on volume. Turnover increased 17.8% year-over-year to 15.8 billion euros. The billion+ Euro brands, accounting for more than 50% of Group turnover, grew 14%, led by strong performances from OMO, Hellmann's, Rexona, Magnum and Lux.

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Lufthansa Group Q3 Adj. EBIT Rises

Lufthansa Group (DLAKF, DLAKY) reported that its third quarter adjusted EBIT increased to 1.13 billion euros from 251 million euros, previous year. Adjusted EBIT margin was 11.2% compared to 4.8%. Net profit was 809 million euros compared to a loss of 72 million euros. Profit per share was 0.68 euros compared to a loss of 0.15 euros. Total revenue was 10.07 billion euros compared to 5.21 billion euros, last year.

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Brink's Maintains Mid-point Of FY22 Outlook; Q3 Adj. EPS Tops Estimates

While reporting financial results for the third quarter on Wednesday, The Brink's Co. (BCO) maintained its mid-point of adjusted earnings and revenue guidance for the full-year 2021.

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Amphenol Guides FY22 Above Estimates; Boosts Dividend 5% - Update

While reporting financial results for the third quarter on Wednesday, Amphenol Corp. (APH) provided its adjusted earnings and sales guidance for the fourth quarter and full-year 2022.

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Boeing Q3 Loss Sharply Widens; Results Misses Estimates

Boeing Co. on Wednesday reported a loss for the third quarter that sharply widened from last year, reflecting higher commercial volume and losses on fixed-price defense development programs. Both core loss per share and quarterly revenues came in well below analysts' expectations.

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Oriental Education Sees Q2 Revenues Above Estimates - Update

While reporting financial results for the first quarter on Wednesday, Oriental Education & Technology Group Inc. (EDU) said it expects total net revenues in the second quarter to be in the range of $601.4 million to $619.2 million, representing year-over-year decline in the range of 9 to 6 percent.

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Deutsche Bank Q3 Profit Soars, AuM Down; To Meet FY22 Goals; Stock Down

German banking major Deutsche Bank AG reported Wednesday that its third-quarter profit grew more than threefold with higher revenues and weak expenses. Profit before tax was its highest third quarter result since 2006. Meanwhile, Assets under management declined. The bank said it is on track to meet fiscal 2022 outlook. Deutsche Bank shares were losing around 2 percent in the morning trading.

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UniCredit Q3 Profit, Excl. Russia, Rises; Net Revenues Up 6.8% - Quick Facts

UniCredit (UCG, UNCFF.PK) reported third quarter net profit excluding Russia of 1.3 billion euros, an increase of 31.1 percent from last year. EPS was 0.65 euros, up 43.6 percent. Net revenues were 4.2 billion euros, up 6.8 percent. Net interest income was 2.2 billion euros, up 4.8 percent.

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Deutsche Bank Q3 Profit Rises, Net Revenues Up 15%; On Track To Meet 2022 Goals

Deutsche Bank (DB) reported that its third quarter profit attributable to shareholders increased to 1.11 billion euros from 194 million euros, prior year. Earnings per share was 0.57 euros compared to 0.14 euros. The company noted that its profit growth reflected 15% year-on-year growth in net revenues together with an 8% reduction in noninterest expenses.

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Biogen Raises 2022 Guidance

Biogen Inc. (BIIB) said, for full year 2022, the company now projects non-GAAP EPS of $16.50 to $17.15, updated from prior guidance range of $15.25 to $16.75. Total revenue is now expected in a range of $10.0 to $10.15 billion, revised from prior guidance range of $9.9 to $10.1 billion. The company said the increase in full year 2022 revenue and non-GAAP EPS guidance is driven primarily by better than-expected topline performance and continued cost management.

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Raytheon Technologies Boosts FY22 Adj. EPS Outlook

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 2022, while trimming annual revenue guidance.

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General Electric Q3 Adj. Organic Profit Excl. Renewable Energy Reserves Rises; Revenue Growth At 7%

General Electric Company (GE) reported third-quarter adjusted profit margin of 5.8%, down 190 bps organically from prior year. Excluding Renewable Energy higher warranty and related reserves of $0.5 billion, adjusted profit margin was 8.5%, up 80 bps organically. Adjusted revenues were up 7% organically with a decline in organic orders of 7%.

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GM Q3 Profit Tops Estimates; Confirms FY22 View

Automaker General Motors Co. on Tuesday reaffirmed its fiscal 2022 earnings guidance amid ongoing strong demand after reporting higher third-quarter earnings above market estimates. Revenues for the quarter climbed from last year, but missed analysts' view. In pre-market activity on the NYSE, GM shares were gaining around 5.2 percent to trade at $37.59.

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3M Trims FY22 Outlook Range - Update

While reporting financial results for the third quarter on Tuesday, 3M Co. (MMM) trimmed its earnings, sales and organic sales growth outlook range for the full-year 2022, to reflect the continued strengthening of the U.S. dollar and the uncertain macroeconomic environment.

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UBS Q3 Profit Down; Stock Rises

Swiss banking giant UBS Group AG reported Tuesday lower profit in its third quarter with weakness in all segments. Looking ahead, the company said it remains disciplined on risk management and cost efficiency as it heads into the fourth quarter. UBS shares were gaining around 5 percent in the morning trading in Switzerland.

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Novartis Q3 Core Operating Income Up 5% In Constant Currency, Sales Up 4%; Confirms Group Guidance

Novartis AG (NVS) reported third quarter core operating income of $4.3 billion, down 4%, or an increase of 5% in constant currency, from prior year mainly driven by higher sales, partly offset by higher R&D and M&S investments. Core EPS was $1.58, down 8%, an increase of 1% in constant currency, benefiting from lower weighted average number of shares outstanding. Excluding the impact of Roche core income, core EPS grew 10% in constant currency.

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Vista Outdoor Expects Q2 Earnings Below Estimates, CFO Steps Down

Vista Outdoor Inc. (VSTO) Monday announced preliminary second-quarter earnings of approximately $1.62 per share. On a per-share basis, adjusted earnings is approximately $1.71.

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Community Bank System Q3 Profit Rises, Meets View

Community Bank System Inc. (CBU) reported Monday that its third quarter net income increased to $48.69 million or $0.90 per share from $45.34 million or $0.83 per share in the prior-year quarter. Excluding item, operating earnings were also $0.90 per share.

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Philips Posts Q3 Loss, Warns On Q4 Sales; Cuts Around 4,000 Jobs

Shares of Philips Electronics NV were losing around 3 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE after the Dutch consumer electronics giant reported a loss in its third quarter, compared to prior year's profit, with weak orders. Looking ahead for the fourth quarter, Philips expects a mid-single-digit comparable sales decline.

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Central Pacific Financial Q3 Profit Declines, But Tops Estimates

Central Pacific Financial Corp. (CPF) the parent company of Central Pacific Bank, on Friday reported that net income for the third quarter declined to $16.72 million or $0.61 per share from $20.82 million or $0.74 per share in the prior-year quarter.

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Verizon Q3 Adj. Profit Declines; Reaffirms 2022 Guidance

Verizon Communications Inc. (VZ) reported third quarter adjusted EPS of $1.32, a decline of 7.0% from prior year. Adjusted EBITDA was $12.2 billion, down 0.4%. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $1.29, for the quarter. Analysts' estimates typically exclude special items.

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American Express Q3 Profit Up 3%, Tops Estimates

Integrated payments company American Express reported on Friday the net profit for the third quarter grew three percent from last year, driven by double-digit revenue growth across all its operating segments, partially offset by higher provisions for credit losses. Earnings per share topped analysts' estimates, while quarterly revenues missed it by a whisker.

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Interpublic Group Q3 Results Up, Beat Estimates

Interpublic Group of Co. Inc. (IPG) Friday reported an increase in third-quarter profit compared to the prior year. Adjusted earnings per share, as well as revenues, beat analysts estimates.

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AT&T Q3 Profit Rises, Revenues Down; Lifts FY22 Earnings View

Telecom giant AT&T, Inc. reported Thursday slightly higher profit in its third quarter, but flat per share earnings amid weak operating revenues. Looking ahead for fiscal 2022, the company now expects adjusted earnings per share from continuing operations to be $2.50 or higher.

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Pool Corp Boosts FY22 Outlook As Q3 Results Top Estimates - Quick Facts

Pool Corp. (POOL) on Thursday reported that net income for the third quarter grew to $190.06 million or $4.78 per share from $184.67 million or $4.54 per share in the prior-year quarter.

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Philip Morris Q3 Pro Forma Adj. Operating Income Rises On Organic Basis; Adj. Net Revenues Up 6.9%

Philip Morris International Inc. (PM) said, despite the margin pressures, the company's strong adjusted net revenue growth, coupled with the positive effects from higher pricing and operating cost efficiencies, drove third quarter pro forma adjusted EPS of $1.33, reflecting currency-neutral growth of 8.3% from a year ago. Adjusted EPS was $1.53, up 8.2%, excluding currency from prior year. Pro forma adjusted operating income increased by 4.4% on an organic basis, while pro forma adjusted operating income margin decreased by 1.0 point.

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American Airlines Q3 Results Top Estimates; Guides Q4 Adj. EPS Well Above View

American Airlines Group, Inc. (AAL) reported Thursday that net income for the third quarter soared to $483 million or $0.69 per share from $169 million or $0.25 per share in the prior-year quarter.

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Synovus Financial Q3 Results Top Estimates

Synovus Financial Corp. (SNV), a provider of commercial and retail banking, investment, and mortgage services, reported Thursday that its third-quarter net income available to common shareholders was $194.75 million or $1.33 per share, higher than $178.48 million or $1.21 per share in the year-ago quarter.

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Alaska Air Sees Q4 Load Factor In Range Of 83%-86% - Quick Facts

Alaska Air Group (ALK) said, for full year 2022, the company continues to expect capacity down 8% to 9% compared to 2019. Despite the impact of elevated fuel and new labor deals, the company still expects to deliver a full year adjusted pre-tax margin of 6% to 9%.

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Nokia Q3 Profit Up, Margin Weak; Sees FY22 Margin Towards Mid-point Of Outlook Range; Stock Dips

Shares of Nokia Corp. were losing around 6 percent in the morning trading in Finland after the Finnish critical networks and communications company Thursday maintained its fiscal 2022 outlook for net sales in constant currency, as well as comparable operating margin towards the mid-point of expected range. In its third quarter, comparable operating margin was weak mainly due to the decline

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Pernod Ricard Q1 Organic Sales Growth At 11% - Quick Facts

Pernod Ricard SA (PDRDF.PK, PDRDY.PK, PRN.L) reported first quarter sales of 3.31 billion euros, with an organic growth of 11% from prior year. Reported sales growth was 22%, with an overall very favourable FX impact, mostly from US Dollar and Chinese yuan versus Euro. Strategic International Brands sales were up 12%, Strategic Local Brands sales were up 13%; while Specialty Brands sales rose 16%.

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P&G Q1 Profit Down 4%, But Results Top Estimates; Cuts FY23 Sales Outlook

Procter & Gamble reported on Wednesday that profit for the first quarter decreased four percent from last year, hurt primarily by higher commodity and input material costs, despite 1 percent net sales growth. However, both earnings per share and quarterly sales topped analysts' estimates. Looking ahead, the company maintained its earnings and organic sales growth guidance for full-year 2023.

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Krones Raises 2022 Revenue Growth Guidance - Quick Facts

Krones AG (KRNTY.PK, KRNNF.PK) increased its guidance for revenue growth for the full year 2022 to a range of 10% to 12%, from prior guidance range of 5% to 8%. The company continues to expect an EBITDA margin of 8% to 9% and ROCE of 10% to 12% in 2022. The Executive Board is confident of reaching the upper end of the target ranges for EBITDA margin and ROCE.

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ASML Holding NV Q3 Net Income Declines

ASML Holding NV (ASML) reported that its third quarter net income declined to 1.70 billion euros from 1.74 billion euros, prior year. Net income per ordinary share was 4.29 euros compared to 4.26 euros. Gross margin was 51.8%, for the quarter. Total net sales increased to 5.78 billion euros from 5.24 billion euros, previous year.

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Albertsons Cos. Q2 Results Top Estimates

Food and drug retailer Albertsons Companies, Inc. (ACI) reported Tuesday that net income for the second quarter grew to $342.7 million or $0.59 per Class A common share from $295.2 million or $0.52 per Class A common share in the prior-year quarter.

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Silvergate Capital Q3 Profit Soars

Silvergate Capital Corp. (SI) on Tuesday reported net income available to common shareholders for the third quarter of $40.64 million or $1.28 per share, sharply higher than $23.49 million or $0.88 per share in the year-ago quarter.

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Roche 9-month Sales Up 2%; Confirms 2022 Outlook

Roche reported that, in the first nine months, the Group generated sales growth of 2%, or 1% in francs, year-over-year to 47 billion Swiss francs. Sales of the Pharmaceuticals Division were at the same level as in the previous year, at 33.2 billion Swiss francs. The company noted that the newer medicines Ocrevus, Hemlibra, Evrysdi and Phesgo continued their strong growth during the period. Sales in the Diagnostics Division was up 6%, for the period.

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Charles Schwab Q3 Profit Rises 32%; Results Top Estimates

Financial services firm Charles Schwab Corp. (SCHW) reported Monday that net income available to common shareholders for the third quarter grew to $2.02 billion or $0.99 per share from $1.53 billion or $0.74 per share in the year-ago quarter.

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PerkinElmer Sees Q3 Adj. EPS To Exceed Prior Guidance

PerkinElmer, Inc. (PKI) announced Monday that it anticipates organic revenue growth, non-COVID organic revenue growth, and adjusted earnings per share for the third quarter to exceed its prior guidance.

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Bank Of America Q3 Profit Down 8%, But Results Top Estimates

Bank of America Corp. (BAC) reported Monday that net profit for the third quarter decreased 8 percent from last year, hurt by provision for credit losses as well as lower fees and service charges. However, both earnings and revenues for the quarter topped analysts' estimates.

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Citigroup Q3 Net Income Declines

Citigroup Inc. (C) reported third quarter net income of $3.5 billion, which was down 25% from the prior-year period, primarily driven by higher cost of credit resulting from the loan growth in PBWM and higher operating expenses. Earnings per share was $1.63, decreased 24% from the prior-year period, reflecting the lower net income, partially offset by an approximate 4% decline in average shares outstanding.

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Morgan Stanley Q3 Net Profit Down 29%

Financial services firm Morgan Stanley (MS) reported Friday third-quarter net income applicable to the company's shareholders of $2.63 billion or $1.47 per share, down from $3.71 billion or $1.98 per share in the year-ago quarter.

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JPMorgan Q3 Profit Down 17%, But Results Top Estimates

US investment bank JPMorgan Chase & Co. (JPM) reported Friday a profit for the third quarter that declined 17 percent from last year, hurt by higher provision for credit losses and net investment securities losses. However, both earnings per share and revenues for the quarter topped analysts' expectations.

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A.O. Smith Slashes FY22 Outlook As Q3 Prelim. Results Miss Estimates, But Boosts Dividend 7%

While providing preliminary third-quarter results on Thursday, A.O. Smith Corp. (AOS) said its earnings for the quarter declined 13% to $0.71 per share from last year's $0.82 per share. Adjusted earnings were $0.69 per share, compared to $0.81 per share for the year-ago quarter.

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Commercial Metals Q4 Results Top Estimates; Boosts Dividend 14%

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the fourth quarter soared to $288.63 million or $2.40 per share from $152.31 million or $1.24 per share in the prior-year quarter.

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BlackRock Q3 Profit Declines; Revenue Down 15%

BlackRock, Inc. (BLK) reported a 15% decrease in third-quarter EPS, and 16% decline in adjusted EPS, year-over-year which reflects a lower effective tax rate and a lower diluted share count, partially offset by lower nonoperating income, in the current quarter. The company recorded a 21% decrease in operating income, or 22% as adjusted, from last year. Revenue declined 15% primarily driven by the impact of significantly lower markets and dollar appreciation on average AUM and lower performance fees.

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BASF Preliminary Q3 EBIT Before Special Items Declines; Outlook Unchanged

BASF Group (BFA.L, BASFY.PK) reported preliminary third-quarter EBIT before special items of 1.35 billion euros, compared to 1.86 billion euros, a year ago. The Group noted that the result is slightly above the analyst consensus for the third quarter.

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PepsiCo Lifts FY22 View As Q3 Results Top Estimates

Snack and beverage giant PepsiCo Inc. on Wednesday lifted its fiscal 2022 core earnings per share forecast above market estimates, as well as organic revenue growth view after reporting higher third-quarter results. Both earnings and top line beat Wall Street view. In pre-market activity on Nasdaq, Pepsi shares were gaining around 2.7 percent to trade at $166.96.

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American Airlines Now Sees Q3 Total Revenue Higher Than Prior Guidance - Quick Facts

American Airlines Group Inc. (AAL) said, during the third quarter, the company flew 68.6 billion total available seat miles, down 9.6% versus the third quarter of 2019, compared to its prior guidance of down 8% to 10%. The company expects third-quarter total revenue to be up approximately 13% versus the third quarter of 2019, which is higher than its prior guidance of up 10% to 12%. American Airlines expects to report a pre-tax margin excluding net special items of approximately 4.5% in the third quarter, higher than the previous guidance of 2% to 4%. The company expects to report an operating margin of approximately 7% in the quarter.

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Rivian Recalls 13,000 Electric Vehicles; Stock Down 8%

Shares in Rivian Automotive, Inc. are slipping more than 8 percent on Monday morning after reports that the electric-vehicle maker is recalling about 13,000 vehicles, almost all of the vehicles it has produced, due to potentially loose fastener to the front steering knuckle.

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Constellation Brands Q2 Profit Tops Estimates; Beer Business Net Sales Up 15%

Constellation Brands, Inc. (STZ) said it delivered another quarter of strong business performance. Beer Business achieved double-digit net sales growth for the quarter, while Wine and Spirits net sales rose 1%. The solid top-line performance of its Beer and Wine and Spirits Businesses in the first half has given the company confidence to increase their net sales outlook for the full-year.

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Conagra Brands Reaffirms FY23 Outlook - Update

While reporting financial results for the first quarter on Thursday, branded food company Conagra Brands, Inc. (CAG) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2023.

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AngioDynamics Q1 Results Miss Estimates; Reaffirms FY23 Outlook

While reporting financial results for the first quarter on Thursday, medical devices company AngioDynamics, Inc. (ANGO) reaffirmed its adjusted earnings and net sales guidance for the full year 2023.

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RPM International Q1 Results Top Estimate; Guides Q2 Sales

RPM International, Inc. (RPM) reported Wednesday that net income attributable to RPM for the first quarter grew to $169.01 million or $1.31 per share from $134.58 million or $1.04 per share in the prior-year quarter.

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