Category: Latest News

Generac Holdings Inc. (NYSE:GNRC) reported stronger-than-expected second-quarter earnings on Wednesday, with robust profitability driven by surging demand from data center customers, although revenue came in slightly below Wall Street expectations. Shares of the backup power equipment manufacturer rose more than 4% in pre-market trading following the results. The company reported adjusted earnings of $2.91 per…

Cognizant Technology Solutions Corp. (NASDAQ:CTSH) reported mixed second-quarter results on Wednesday, with revenue narrowly exceeding Wall Street expectations while earnings came in slightly below forecasts, sending shares more than 2% lower in pre-market trading. The IT services company posted adjusted earnings of $1.37 per share, missing analysts’ consensus estimate of $1.38. Revenue increased 4.5% year…

GE HealthCare Technologies Inc. (NASDAQ:GEHC) reported stronger-than-expected second-quarter results on Wednesday, with record order growth and revenue exceeding Wall Street forecasts, sending shares about 9% higher in pre-market trading. The medical technology company posted adjusted earnings of $1.13 per share, beating analysts’ consensus estimate of $1.04. Revenue increased 5.7% year over year to $5.3 billion,…

Boston Scientific (NYSE:BSX) shares rose more than 3% in pre-market trading on Wednesday after the medical device manufacturer reported second-quarter earnings and revenue that exceeded Wall Street expectations, supported by broad-based growth across its business. The company reported earnings of $0.86 per share for the quarter, ahead of analysts’ consensus estimate of $0.83. Revenue increased…

Lemonade, Inc. (NYSE:LMND) shares fell more than 7% in pre-market trading after the AI-powered insurance company released its second-quarter 2026 results, with investors reacting negatively despite revenue outperforming expectations. The sell-off reflected concerns that the company’s outlook failed to justify the high expectations already priced into the stock, following a strong rally earlier in the…

VF Corporation (NYSE:VFC) shares fell around 6% on Wednesday after the apparel and footwear company reported a wider-than-expected quarterly loss, despite delivering revenue ahead of Wall Street forecasts and raising its full-year sales outlook. The company reported an adjusted loss of $0.27 per share for the first quarter of fiscal 2027, compared with analysts’ expectations…

Stanley Black & Decker, Inc. (NYSE:SWK) reported stronger-than-expected second-quarter results on Wednesday, with earnings surpassing Wall Street forecasts as the company increased its full-year profit and cash flow guidance. Shares of the tools and outdoor products manufacturer rose around 3% in pre-market trading following the results. The company reported adjusted earnings of $1.57 per share,…

Humana Inc. (NYSE:HUM) shares fell nearly 9% in pre-market trading on Wednesday despite the health insurer reporting second-quarter earnings and revenue that exceeded Wall Street expectations while reaffirming its full-year adjusted earnings guidance. The company posted adjusted earnings of $7.61 per share, surpassing analysts’ consensus estimate of $7.23. Revenue for the quarter increased to $40.89…

Biogen (NASDAQ:BIIB) reported stronger-than-expected second-quarter results on Wednesday, with revenue and adjusted earnings exceeding Wall Street forecasts as its expanding portfolio of growth products continued to offset weakness in its legacy multiple sclerosis business. The biotechnology company posted revenue of $2.74 billion for the quarter, an increase of 3% from a year earlier and well…

Clarivate Plc (NYSE:CLVT) shares fell nearly 4% in pre-market trading on Wednesday after the company reported second-quarter earnings that exceeded expectations but posted revenue below Wall Street forecasts, despite maintaining an upbeat outlook for the full year. The global information and analytics provider reported adjusted earnings of $0.19 per share, narrowly ahead of analysts’ consensus…