Category: Latest News
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Cenovus Energy (CVE) tops profit forecasts on record production and stronger oil prices
Cenovus Energy (NYSE:CVE) reported first-quarter results on Wednesday that exceeded analyst earnings expectations, supported by record upstream production levels and higher crude oil prices. The Canadian energy producer posted adjusted earnings of $0.83 per share, comfortably ahead of Wall Street forecasts of $0.51 per share. Revenue totaled $9.39 billion during the quarter, slightly below analyst…
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Deluxe (DLX) slips despite first-quarter earnings beat as guidance disappoints investors
Deluxe (NYSE:DLX) reported first-quarter results on Wednesday that came in ahead of Wall Street expectations, although shares fell more than 2% in premarket trading after the company issued weaker-than-expected full-year guidance. The payments and data services group posted adjusted earnings of $1.05 per share, exceeding analyst forecasts of $0.87 by $0.18. Revenue totaled $538.1 million,…
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Bloomin’ Brands (BLMN) jumps after earnings beat and upbeat quarterly outlook
Bloomin’ Brands (NASDAQ:BLMN) reported first-quarter results on Wednesday that exceeded Wall Street expectations and issued stronger-than-expected guidance for the current quarter, sending shares more than 7% higher. The restaurant operator posted adjusted earnings per share of $0.67, surpassing analyst forecasts of $0.57 by $0.10. Revenue totaled $1.04 billion, broadly in line with consensus estimates and…
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CVS Health (CVS) climbs after earnings beat and stronger full-year forecast
CVS Health (NYSE:CVS) reported first-quarter results that surpassed Wall Street expectations and raised its outlook for the full year, sending shares more than 4% higher in premarket trading. The healthcare group posted adjusted earnings of $2.57 per share, beating analyst forecasts of $2.21 by $0.36. Revenue increased 6.2% year over year to $100.4 billion, ahead…
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Lineage (LINE) misses quarterly expectations as warehouse occupancy pressures continue
Lineage (NASDAQ:LINE) reported first-quarter 2026 results on Wednesday that came in below analyst expectations, as ongoing weakness in its warehousing business continued to weigh on performance. The company posted adjusted earnings per share of $0.78, missing Wall Street consensus forecasts. Shares were little changed in after-hours trading following the release. Revenue remains broadly flat amid…
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Restaurant Brands (QSR) beats first-quarter estimates as sales growth remains solid, shares fall
Restaurant Brands International (NYSE:QSR) reported first-quarter earnings and revenue ahead of Wall Street expectations on Wednesday, although the company’s shares slipped nearly 5% in premarket trading following the release. The parent company of Burger King posted adjusted earnings per share of $0.86, exceeding analyst forecasts of $0.83. Quarterly revenue reached $2.26 billion, slightly above consensus…
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Elanco (ELAN) shares climb after strong quarterly results and higher full-year outlook
Elanco Animal Health (NYSE:ELAN) reported first-quarter results on Wednesday that exceeded Wall Street expectations, prompting the stock to rise more than 6% in premarket trading as the company lifted guidance across several key financial metrics. The animal health group posted adjusted earnings of $0.40 per share, beating analyst forecasts of $0.34 by $0.06. Revenue came…
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Taboola (TBLA) beats first-quarter forecasts as revenue and profit top expectations
Taboola (NASDAQ:TBLA) reported first-quarter results on Wednesday that surpassed Wall Street expectations on both earnings and revenue, supported by continued growth in its advertising business and stronger performance from its Realize platform. The company posted adjusted earnings per share of $0.20, well ahead of analyst forecasts of a loss of $0.01 per share. Revenue reached…
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Arista Networks (ANET) tops Q1 expectations but shares slide on softer 2026 outlook upgrade
Arista Networks (NYSE:ANET) reported stronger-than-expected first-quarter results driven by robust demand for artificial intelligence networking infrastructure, although the company’s shares fell about 9% in premarket trading on Wednesday after investors reacted to a smaller-than-expected increase in full-year guidance. The networking equipment maker posted first-quarter 2026 revenue of $2.71 billion, ahead of analyst expectations of $2.61…
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Super Micro (SMCI) shares surge after strong fourth-quarter sales outlook
Super Micro Computer (NASDAQ:SMCI) jumped more than 19% in premarket trading on Wednesday after the server maker issued a fourth-quarter revenue forecast that exceeded Wall Street expectations, supported by continued strong demand for AI-focused data center infrastructure. By 04:12 ET, shares in the company had rallied sharply following the release of its latest quarterly results…