Category: Latest News
-
U.S. jobless claims rise modestly as first-quarter productivity growth slows
The number of Americans filing new applications for unemployment benefits increased less than expected in the week ended May 2, according to data released Thursday by the Labor Department. Initial jobless claims rose by 10,000 to 200,000 from the previous week’s revised figure of 190,000. Economists had forecast claims would increase to 205,000 after the…
-
U.S. futures point modestly higher following strong two-day rally: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures traded slightly higher Thursday morning, suggesting Wall Street could see a more restrained advance after the sharp gains recorded over the previous two sessions. Investor sentiment continued to benefit from optimism surrounding a potential diplomatic resolution to the conflict in the Middle East, though traders appeared cautious about extending the rally…
-
Maximus (MMS) shares decline after revenue miss despite earnings beat
Maximus Inc. (NYSE:MMS) reported second-quarter fiscal 2026 results on Thursday that exceeded earnings expectations but missed Wall Street revenue forecasts, sending shares down 3.05% following the announcement. The government services contractor posted adjusted earnings of $2.07 per share, topping the analyst consensus estimate of $2.02 by $0.05. Revenue declines year-over-year Quarterly revenue totaled $1.31 billion,…
-
Leggett & Platt (LEG) shares slide after earnings miss and guidance withdrawal
Leggett & Platt (NYSE:LEG) reported weaker-than-expected first-quarter results on Thursday and withdrew its 2026 outlook following the announcement of its pending acquisition by Somnigroup International Inc. (NYSE:SGI). Shares of the company fell 8.06% after the earnings release. Earnings and revenue miss expectations The company posted adjusted earnings of $0.15 per share for the quarter, missing…
-
Lincoln Financial (LNC) shares slip despite revenue beat and stable earnings
Lincoln Financial Group (NYSE:LNC) reported first-quarter results on Thursday that matched earnings expectations while delivering stronger-than-expected revenue, though shares moved lower in premarket trading following the release. The stock declined 2.79% ahead of the opening bell. Revenue tops forecasts as earnings meet expectations The insurance and financial services company posted adjusted earnings of $1.66 per…
-
Primo Brands (PRMB) shares decline despite earnings beat as margins come under pressure
Primo Brands Corporation (NYSE:PRMB) reported first-quarter results on Thursday that topped analyst earnings expectations, though shares moved lower as investors focused on weaker margins and a broader full-year EBITDA outlook. The stock fell 2.07% in premarket trading following the announcement. Earnings exceed forecasts while revenue edges higher The beverage company posted adjusted earnings of $0.23…
-
Celsius (CELH) shares rally after earnings beat and record quarterly revenue
Celsius Holdings Inc. (NASDAQ:CELH) reported first-quarter results that topped Wall Street expectations, sending shares approximately 6.3% higher in premarket trading Thursday. The energy drink company delivered adjusted earnings of $0.41 per share, exceeding the analyst consensus estimate of $0.30 by $0.11. Revenue reaches record high following acquisitions Quarterly revenue climbed to a record $782.6 million,…
-
Avient (AVNT) reports first-quarter earnings above expectations
Avient Corporation (NYSE:AVNT) posted first-quarter adjusted earnings on Thursday that came in ahead of analyst expectations, while revenue was largely in line with Wall Street forecasts. Shares of the specialty materials company showed little movement in after-hours trading following the earnings release. Earnings improve as margins expand Avient reported adjusted earnings of $0.83 per share,…
-
Argenx (ARGX) tops earnings expectations despite slight revenue shortfall
Argenx SE (NASDAQ:ARGX) reported first-quarter earnings on Thursday that exceeded Wall Street forecasts, although revenue came in slightly below analyst expectations as the company continued to post strong growth for its VYVGART franchise. Shares rose 0.76% in premarket trading following the announcement. Profit beats forecasts as VYVGART sales continue to expand The immunology company posted…
-
Planet Fitness (PLNT) shares decline after company lowers full-year outlook
Planet Fitness Inc. (NYSE:PLNT) reported first-quarter results that came in ahead of analyst expectations, but the stock moved lower after the company reduced its outlook for the full year due to softer-than-expected membership growth during its busiest enrollment season. The fitness operator posted adjusted earnings of $0.74 per share, exceeding the analyst consensus estimate of…