Category: Latest News
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Fortis tops first-quarter earnings forecasts as capital investment program advances
Fortis (NYSE:FTS) reported first-quarter earnings on Wednesday that exceeded analyst expectations, supported by continued rate base growth and progress on its long-term infrastructure investment strategy. The regulated North American utility company posted earnings of $0.99 per share for the quarter, comfortably ahead of Wall Street forecasts of $0.67 per share. Net earnings totaled $501 million…
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NiCE (NICE) falls after weaker-than-expected second-quarter revenue outlook
NiCE (NASDAQ:NICE) reported first-quarter results on Wednesday that exceeded Wall Street expectations, but shares dropped more than 9% in premarket trading after the company issued softer-than-expected revenue guidance for the second quarter. The cloud software provider posted adjusted earnings per share of $2.64, beating analyst estimates of $2.52 by $0.12. Revenue rose 9.8% year over…
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Clear Secure (YOU) jumps after strong earnings beat and upbeat outlook
Clear Secure (NYSE:YOU) surged nearly 12% on Wednesday after the company reported first-quarter results ahead of Wall Street expectations and issued stronger-than-expected guidance for the current quarter. The identity technology provider posted adjusted earnings per share of $0.38, beating analyst forecasts of $0.31 by $0.07. Revenue reached $253 million, exceeding consensus estimates of $244.06 million…
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Cenovus Energy (CVE) tops profit forecasts on record production and stronger oil prices
Cenovus Energy (NYSE:CVE) reported first-quarter results on Wednesday that exceeded analyst earnings expectations, supported by record upstream production levels and higher crude oil prices. The Canadian energy producer posted adjusted earnings of $0.83 per share, comfortably ahead of Wall Street forecasts of $0.51 per share. Revenue totaled $9.39 billion during the quarter, slightly below analyst…
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Deluxe (DLX) slips despite first-quarter earnings beat as guidance disappoints investors
Deluxe (NYSE:DLX) reported first-quarter results on Wednesday that came in ahead of Wall Street expectations, although shares fell more than 2% in premarket trading after the company issued weaker-than-expected full-year guidance. The payments and data services group posted adjusted earnings of $1.05 per share, exceeding analyst forecasts of $0.87 by $0.18. Revenue totaled $538.1 million,…
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Bloomin’ Brands (BLMN) jumps after earnings beat and upbeat quarterly outlook
Bloomin’ Brands (NASDAQ:BLMN) reported first-quarter results on Wednesday that exceeded Wall Street expectations and issued stronger-than-expected guidance for the current quarter, sending shares more than 7% higher. The restaurant operator posted adjusted earnings per share of $0.67, surpassing analyst forecasts of $0.57 by $0.10. Revenue totaled $1.04 billion, broadly in line with consensus estimates and…
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CVS Health (CVS) climbs after earnings beat and stronger full-year forecast
CVS Health (NYSE:CVS) reported first-quarter results that surpassed Wall Street expectations and raised its outlook for the full year, sending shares more than 4% higher in premarket trading. The healthcare group posted adjusted earnings of $2.57 per share, beating analyst forecasts of $2.21 by $0.36. Revenue increased 6.2% year over year to $100.4 billion, ahead…
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Lineage (LINE) misses quarterly expectations as warehouse occupancy pressures continue
Lineage (NASDAQ:LINE) reported first-quarter 2026 results on Wednesday that came in below analyst expectations, as ongoing weakness in its warehousing business continued to weigh on performance. The company posted adjusted earnings per share of $0.78, missing Wall Street consensus forecasts. Shares were little changed in after-hours trading following the release. Revenue remains broadly flat amid…
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Restaurant Brands (QSR) beats first-quarter estimates as sales growth remains solid, shares fall
Restaurant Brands International (NYSE:QSR) reported first-quarter earnings and revenue ahead of Wall Street expectations on Wednesday, although the company’s shares slipped nearly 5% in premarket trading following the release. The parent company of Burger King posted adjusted earnings per share of $0.86, exceeding analyst forecasts of $0.83. Quarterly revenue reached $2.26 billion, slightly above consensus…
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Elanco (ELAN) shares climb after strong quarterly results and higher full-year outlook
Elanco Animal Health (NYSE:ELAN) reported first-quarter results on Wednesday that exceeded Wall Street expectations, prompting the stock to rise more than 6% in premarket trading as the company lifted guidance across several key financial metrics. The animal health group posted adjusted earnings of $0.40 per share, beating analyst forecasts of $0.34 by $0.06. Revenue came…