Category: Latest News

U.S. Bancorp (NYSE:USB) reported stronger-than-expected second-quarter earnings on Thursday, but the stock slid 2.69% in pre-market trading as overall revenue came in shy of analyst forecasts. The Minneapolis-based lender posted earnings per share of $1.11 for the quarter, beating the consensus estimate of $1.07. However, total revenue came in at $6.96 billion, narrowly missing the…

Texas Capital Bancshares (NASDAQ:TCBI) delivered second-quarter results on Thursday that easily topped Wall Street forecasts, thanks to strong loan expansion and improved profitability from interest income. The report sent shares up 2.74% in pre-market trading. The Dallas-based bank reported adjusted earnings per share of $1.63 for Q2 2025, outpacing the consensus estimate of $1.28. Total…

Snap-on Incorporated (NYSE:SNA) delivered stronger-than-expected results for the second quarter, with earnings and revenue both surpassing Wall Street forecasts. The company posted earnings per share of $4.72, above the projected $4.63, while revenue reached $1.18 billion, slightly ahead of the $1.16 billion consensus. A key driver behind the outperformance was Snap-on’s Tools Group, which saw…

Roblox Corporation (NYSE:RBLX) has rolled out a series of new safety initiatives, including an advanced age estimation system and enhanced parental controls aimed at better protecting teenage users on its platform. Among the updates is a feature called “Trusted Connections,” available to users aged 13 and up. It allows verified users to communicate without content…

Marsh McLennan (NYSE:MMC) reported stronger-than-expected second-quarter results on Thursday, with revenue up 12% year-over-year and earnings coming in ahead of Wall Street projections. Adjusted earnings per share reached $2.72, beating the analyst consensus of $2.67. Total revenue for the quarter climbed to $7.0 billion, above expectations of $6.94 billion. Following the release, shares in the…

Insteel Industries Inc. (NYSE:IIIN) reported better-than-expected fiscal Q3 2025 results on Thursday, as a surge in both shipment volume and pricing helped drive revenue growth of over 23% and a doubling of net income year-over-year. Despite the earnings beat, shares dipped 1.32% following the release, reflecting investor caution amid persistent supply chain concerns. The U.S.-based…

GE Aerospace (NYSE:GE) shares climbed 3.2% in premarket trading Thursday after the company posted a strong second-quarter performance and raised its full-year outlook, driven by a surge in commercial services and operational improvements. The company reported adjusted earnings per share of $1.66 for the quarter, comfortably beating analyst projections of $1.40. Revenue reached $10.15 billion,…

Fifth Third Bancorp (NASDAQ:FITB) delivered better-than-expected second-quarter results on Thursday, buoyed by ongoing loan expansion and a continued rise in net interest margins. The strong report sent shares up 1.05% in early trading. The Cincinnati-based lender reported adjusted earnings per share of $0.88, narrowly edging past Wall Street’s estimate of $0.87. Total revenue came in…

Citizens Financial Group, Inc. (NYSE:CFG) revealed second-quarter earnings on Thursday that outperformed analyst forecasts. Despite the positive results, the company’s shares fell 2.90% in premarket trading. The Providence-based bank reported adjusted earnings per share of $0.92, exceeding the consensus estimate of $0.88 by $0.04. Revenue reached $2.04 billion, beating the forecasted $2.01 billion and reflecting…

Shares of Elevance Health (NYSE:ELV) tumbled more than 8% on Thursday following the release of second-quarter earnings and a full-year outlook that missed analyst expectations. The company reported Q2 earnings per share (EPS) of $8.84, below the consensus estimate of $9.07. Revenue for the quarter climbed to $49.4 billion, up from $43.2 billion in the…