BP Q2 Profit Climbs, Tops Estimates; Lifts Dividend, Plans Buyback; Stock Up

Shares of BP Plc were gaining around 4 percent in the morning trading in London as well as in pre-market activity on the NYSE after the British energy major reported Tuesday significantly higher profit and revenues in its second quarter. Underlying RC profit per ADS beat market estimates. The results reflected increased production and prices.

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Gartner Q2 Profit Down, Adj. Results Beat Estimates

Gartner, Inc. (IT) Tuesday reported a decline in second-quarter profit. However, on an adjusted basis earnings were above analysts view.

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AXNX Boosts Outlook Again, EHAB Trims FY22 Guidance, OM On Watch, TMDX Q2 Revenue Tops Estimate

Axonics Inc. (AXNX), which reported a narrower loss on 50% revenue growth in the second quarter ended June 30, 2022, has boosted its outlook for the year yet again.

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BP Plc Q2 Underlying RC Profit Rises YoY

BP Plc (BP.L, BP_UN.TO, BP) reported that its second quarter underlying RC profit increased to $8.45 billion from $2.80 billion, last year. Underlying RC profit per ADS was $2.61 compared to $0.83.

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ON Semiconductor Guides Q3 Revenues Well Above Estimates - Update

While reporting financial results for the second quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the third quarter.

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Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

While reporting financial results for the third quarter on Monday, professional services provider Jacobs Engineering Group Inc. (JEC) provided its adjusted earnings outlook for the fourth quarter and reiterates its full-year 2022 outlook.

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HSBC Q2 Net Profit Climbs, Revenue View Positive; Stock Up

Shares of HSBC Holdings plc gained around 6 percent in London as well as in Hong Kong trading after the banking major reported Monday higher net profit in its second quarter, and lifted dividend. Performance benefited from global interest rate rises on revenue and strong cost discipline. Pre-tax profit, meanwhile, was nearly flat and net operating income declined.

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