Category: Latest News
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Carlyle beats second-quarter expectations as earnings and revenue climb
The Carlyle Group (NASDAQ:CG) reported stronger-than-expected second-quarter 2026 results, exceeding Wall Street forecasts for both earnings and revenue. The global investment firm’s shares rose around 1.7% in pre-market trading following the announcement. The company posted after-tax distributable earnings of $1.07 per share, comfortably ahead of the analyst consensus estimate of $0.94. Total segment revenue reached…
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Circle shares climb after Q2 results, federal bank charter approval and higher guidance
Circle Internet Group (NYSE:CRCL) shares rose around 7% in pre-market trading after the stablecoin issuer reported second-quarter results in line with expectations, secured the first federal bank charter granted to a stablecoin company and raised parts of its full-year outlook. The company also announced that BlackRock, Visa and Mastercard will serve as validators for its…
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Zimmer Biomet raises full-year outlook after second-quarter earnings beat
Zimmer Biomet Holdings (NYSE:ZBH) reported better-than-expected second-quarter results and increased its guidance for the full year, helping lift the medical technology company’s shares more than 4% in pre-market trading. The company posted adjusted earnings of $2.07 per share, exceeding the Wall Street consensus estimate of $2.01. Revenue rose 4.8% year over year to $2.18 billion,…
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Cencora raises full-year guidance after stronger-than-expected third-quarter results
Cencora (NYSE:COR) reported third-quarter results that exceeded Wall Street expectations, prompting the pharmaceutical services company to raise its full-year earnings guidance. The stronger performance helped lift the shares more than 3% in pre-market trading. For the quarter ended 30 June, the company posted adjusted earnings of $4.48 per share, beating the analyst consensus estimate of…
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Dynatrace shares jump after earnings beat and upbeat profit outlook
Dynatrace (NYSE:DT) shares climbed more than 7% in pre-market trading after the software company reported first-quarter fiscal 2027 results that topped Wall Street expectations, supported by continued demand for its AI-powered observability platform. The company posted adjusted earnings of $0.48 per share, beating the analyst consensus estimate of $0.44. Revenue increased 16% year over year…
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CDW shares fall despite second-quarter earnings and revenue beat
CDW Corporation (NASDAQ:CDW) reported second-quarter results that exceeded Wall Street expectations for both earnings and revenue, but shares dropped more than 8% in pre-market trading as investors focused on weaker margins and higher restructuring costs. The technology solutions provider posted adjusted earnings of $2.91 per share, ahead of the analyst consensus estimate of $2.79. Revenue…
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Capri Holdings beats first-quarter forecasts but lowers revenue guidance
Capri Holdings (NYSE:CPRI) reported stronger-than-expected first-quarter fiscal 2027 results, surpassing Wall Street forecasts for both earnings and revenue. However, the luxury fashion group reduced its full-year revenue outlook, sending shares modestly lower after the announcement. The company posted adjusted earnings of $0.67 per share, comfortably ahead of the analyst consensus estimate of $0.39. Revenue totalled…
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Bloomin’ Brands shares jump after earnings beat and higher full-year outlook
Bloomin’ Brands (NASDAQ:BLMN) shares surged around 20% in pre-market trading after the restaurant operator reported second-quarter results that exceeded Wall Street expectations and raised its earnings guidance for the full year. The company posted adjusted earnings of $0.39 per share, outperforming the analyst consensus estimate of $0.29 by $0.10. Revenue increased 1.3% year over year…
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Adient misses earnings estimates despite stronger-than-expected revenue
Adient (NYSE:ADNT) reported third-quarter results that fell short of Wall Street earnings forecasts, although revenue exceeded analyst expectations. The mixed performance left shares slightly lower in pre-market trading, down around 0.9%. The automotive seating manufacturer posted adjusted earnings of $0.48 per share, below the consensus estimate of $0.57. Revenue came in at $3.93 billion, outperforming…
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Kennametal shares surge after earnings beat and upbeat outlook
Kennametal (NYSE:KMT) shares jumped more than 12% in pre-market trading after the industrial technology company reported fourth-quarter results that comfortably exceeded Wall Street expectations and issued guidance well above analyst forecasts. The company posted adjusted earnings of $2.96 per share, beating the consensus estimate of $2.32. Revenue reached $736.6 million, ahead of analyst expectations of…