Category: Latest News

Quanta Services, Inc. (NYSE:PWR) reported adjusted earnings of $2.48 per share for the second quarter, slightly beating analyst estimates of $2.46. The infrastructure services provider benefited from robust demand across its business segments. Revenue hit a record $6.8 billion, surpassing the consensus estimate of $6.57 billion and marking a 21% increase from $5.59 billion in…

On Thursday, KBR, Inc. (NYSE:KBR) announced second-quarter earnings that slightly surpassed analyst expectations, while revenue came in below estimates. Following the announcement, the engineering and defense contractor’s shares dipped 1.1%, as investors reacted to a lowered full-year revenue outlook. KBR reported adjusted earnings per share of $0.91 for Q2, narrowly beating the analyst consensus of…

Omnicell, Inc. (NASDAQ:OMCL) reported better-than-expected earnings and revenue for the second quarter on Thursday, fueled by strong demand for its point-of-care connected devices. Following the release, the pharmacy automation company’s shares rose 2.76% in pre-market trading. The company posted adjusted earnings of $0.45 per share for Q2, well above the analyst consensus of $0.27. Revenue…

Bristol-Myers Squibb (NYSE:BMY) posted second-quarter earnings that surpassed analyst expectations, largely thanks to robust performance in its Growth Portfolio, leading the pharmaceutical giant to raise its full-year outlook. Following the announcement, the stock rose 2.2%. The company reported adjusted earnings of $1.46 per share for Q2, significantly above the $1.06 analysts had forecast. Revenue totaled…

On Thursday, Gildan Activewear Inc. (NYSE:GIL) delivered second-quarter results that outpaced analyst forecasts, driven by strong demand for activewear and improved profit margins. Shares of the Montreal-based apparel company rose 0.49% in after-hours trading following the announcement. The company reported adjusted earnings of $0.97 per share, surpassing the consensus estimate of $0.95. Revenue reached $919…

Shake Shack Inc (NYSE:SHAK) posted second-quarter earnings that outperformed analyst forecasts, yet its shares dropped 7.7%, indicating investor disappointment despite the solid results. The burger chain reported adjusted earnings of $0.44 per share for the quarter, beating the consensus estimate of $0.37 by $0.07. Revenue reached $356.5 million, slightly above the expected $353.58 million and…

Aptiv PLC (NYSE:APTV) saw its shares rise 2.02% in pre-market trading on Thursday after reporting second-quarter revenue that beat analyst expectations, despite a modest earnings shortfall. The global automotive technology firm posted $5.2 billion in revenue for the quarter, topping the consensus estimate of $5.05 billion and marking a 3% year-over-year increase. However, adjusted earnings…

BorgWarner Inc. (NYSE:BWA) reported stronger-than-anticipated second-quarter earnings on Thursday, buoyed by robust growth in electric vehicle (EV) component sales, even as broader market conditions remained mixed. Shares of the automotive parts supplier rose 2.37% in pre-market trading after the release. The company posted adjusted earnings of $1.21 per share, well above analyst estimates of $1.08.…

ITT Inc. (NYSE:ITT) reported second-quarter earnings on Thursday that topped Wall Street expectations and led the company to raise its full-year forecast, buoyed by solid performance in pump shipments and rising aerospace demand. The industrial manufacturer posted adjusted earnings of $1.64 per share, slightly ahead of analysts’ consensus of $1.61. Revenue for the quarter came…

Xerox Holdings Corporation (NASDAQ:XRX) reported a steep adjusted loss of $0.64 per share for the second quarter, sharply missing Wall Street’s forecast of a $0.07 profit. The disappointing results were driven by ongoing tariff pressures and elevated product costs that dragged on profitability. Revenue for the quarter came in at $1.58 billion, essentially flat year…