Category: Latest News

Mobileye Global Inc. (NYSE:MBLY) reported second-quarter revenue of $506 million, marking a 15% increase year-over-year but missing analyst projections of $629.27 million. The autonomous driving technology company posted adjusted earnings per share of $0.13, below the expected $0.19 consensus. Despite the earnings miss, Mobileye’s shares climbed 6.2% after the announcement, as investors appeared to focus…

Visteon Corporation (NASDAQ:VC) outperformed expectations with its second-quarter results, unveiled Thursday, and introduced its inaugural quarterly dividend while also raising its full-year guidance. Shares of the automotive digital cockpit technology specialist rose 1.91% in pre-market trading following the announcement. Adjusted earnings for the quarter came in at $2.39 per share, comfortably above analysts’ forecast of…

American Airlines Group (NASDAQ:AAL) saw its shares fall more than 4% in Thursday’s premarket trading after the airline posted a drop in second-quarter earnings and signaled it may incur a loss in the upcoming third quarter. The airline reported adjusted net income of $628 million for Q2, down 19% from the prior year, though still…

Dover Corporation (NYSE:DOV) saw its shares rise 3.71% in premarket trading Thursday after reporting strong second-quarter results and raising its full-year earnings outlook, fueled by solid execution and improving shipment trends across key segments. For the second quarter, Dover delivered adjusted earnings per share of $2.44, topping Wall Street forecasts of $2.39. Revenue came in…

Shares of L3Harris Technologies (NYSE:LHX) gained 2% in premarket trading Thursday after the defense technology company delivered a solid second-quarter performance and raised its full-year guidance. The company posted earnings per share of $2.78 for Q2, comfortably ahead of analyst expectations of $2.48. Revenue reached $5.4 billion, narrowly surpassing the projected $5.32 billion. L3Harris also…

Tractor Supply Company (NASDAQ:TSCO) saw its stock climb 4.83% in premarket trading Thursday after the rural lifestyle retailer reported second-quarter results that exceeded Wall Street expectations and reiterated its full-year guidance, even as macroeconomic headwinds persist. The company posted earnings per share of $0.81 for the second quarter, edging past analysts’ forecasts of $0.80. Revenue…

Shares of TransUnion (NYSE:TRU) climbed 4% after the credit reporting giant posted better-than-expected second-quarter results, fueled by a strong showing in its U.S. Financial Services division and an upgraded full-year outlook. The company reported adjusted earnings of $1.08 per share, beating the average analyst estimate of $0.99. Revenue came in at $1.14 billion, topping expectations…

Brunswick Corporation (NYSE:BC) reported second-quarter results that topped Wall Street expectations, yet its shares dipped 1.8% after the company’s third-quarter outlook fell short of analyst projections. The marine industry giant posted adjusted earnings per share of $1.16, well ahead of the $0.94 consensus. Revenue reached $1.45 billion, beating forecasts of $1.24 billion and inching up…

Allegion plc (NYSE:ALLE) delivered stronger-than-expected second-quarter earnings on Thursday, fueled by steady demand in the non-residential sector. Following the results, the company’s stock edged up 1.13% in pre-market trading. The global provider of security products reported adjusted earnings of $2.04 per share, topping the consensus estimate of $1.99. Revenue came in at $1.02 billion, slightly…

Group 1 Automotive (NYSE:GPI) delivered standout second-quarter results on Wednesday, with adjusted earnings per share hitting $11.52—well ahead of Wall Street’s expectations of $10.47. The auto retailer also reported $5.7 billion in revenue, topping the $5.62 billion analysts had anticipated. The quarter marked a new high for both revenue and gross profit. Total revenue climbed…