Category: Latest News
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Gildan Activewear Exceeds Q2 Expectations as Activewear Sales Jump 11.6%
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…
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Shake Shack Shares Fall Despite Q2 Earnings Surpassing Expectations
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…
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Aptiv Shares Gain as Q2 Revenue Surpasses Estimates, Company Raises 2025 Forecast
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…
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BorgWarner Shares Climb After Q2 Earnings Beat, Raised 2025 Outlook
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.…
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ITT Shares Gain as Q2 Results Beat Estimates, Full-Year Outlook Raised
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…
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Xerox Swings to Loss in Q2 as Tariffs and Higher Costs Squeeze Margins
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…
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Genesis Energy Delivers First Oil from Shenandoah Project, Narrows Loss in Q2
Genesis Energy, L.P. (NYSE:GEL) reported a smaller net loss for the second quarter of 2025, as improved performance in its offshore pipeline segment and initial contributions from its Shenandoah development bolstered results. Following the earnings announcement, the company’s stock edged up 1.20% in after-hours trading. Genesis posted a net loss attributable to the partnership of…
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eBay shares soar after earnings beat and raised outlook
eBay (NASDAQ:EBAY) saw its shares jump over 12% in early trading on Wednesday after the e-commerce giant surpassed second-quarter forecasts and issued positive guidance. Strong advertising growth, ongoing momentum in collectibles, and the rollout of AI-powered tools designed to enhance personalized shopping experiences across eBay’s global marketplace supported the results. For the quarter ending June…
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Grab Holdings posts Q2 profit fueled by robust consumer demand
Grab Holdings (NASDAQ:GRAB) announced a net profit of $20 million for the second quarter, a significant turnaround from a $68 million loss recorded in the same quarter last year, and surpassing analyst forecasts of $17.53 million. The Southeast Asian ride-hailing and delivery platform credited its profitability to a positive operating profit, bolstered by rising revenues,…
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Alamos Gold beats Q2 earnings expectations as gold production rises
Alamos Gold Inc (NYSE:AGI) reported adjusted earnings of $0.34 per share for the second quarter, surpassing the analyst consensus of $0.32. This strong performance was driven by higher gold production and increased realized gold prices. The company recorded quarterly revenue of $438.2 million, just slightly below the consensus estimate of $438.56 million, but representing significant…