Category: Latest News
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Chefs’ Warehouse shares climb 3% following stronger-than-expected Q2 results
Chefs’ Warehouse Inc. (NASDAQ:CHEF) announced second-quarter earnings and revenue that surpassed analyst projections on Wednesday, boosting its stock nearly 3% in pre-market trading. The specialty food distributor reported adjusted earnings per share of $0.52 for the quarter, beating the consensus estimate of $0.45. Revenue increased 8.4% year over year to $1.03 billion, topping forecasts of…
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Garmin shares jump as Q2 results surpass estimates and guidance lifted
Garmin Ltd. (NYSE:GRMN) shares climbed 5.4% on Wednesday after reporting second-quarter results that well exceeded analyst expectations, prompting the company to raise its full-year guidance. This strong performance was driven by robust demand across all of Garmin’s business segments. The company, known for navigation and wearable technology, posted adjusted earnings of $2.17 per share, comfortably…
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Teva Pharma shares climb 3% after Q2 earnings surpass expectations
Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) saw its shares rise 3.08% in pre-market trading on Wednesday following better-than-expected second-quarter earnings, reflecting progress in its ongoing “Pivot to Growth” strategy. The Israeli pharmaceutical company reported adjusted earnings per share of $0.66, exceeding analyst forecasts of $0.63. Revenue reached $4.2 billion, slightly under the consensus estimate of $4.28…
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Penske Automotive beats Q2 earnings forecasts as service revenue climbs
On Wednesday, Penske Automotive Group (NYSE:PAG) announced second-quarter earnings that surpassed analyst predictions, fueled by strong results in its service and parts segment despite flat overall revenue. The global transportation services provider reported earnings of $3.78 per share for the quarter, topping the analyst consensus of $3.59 by $0.19. Revenue held steady at $7.7 billion…
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Larimar Therapeutics shares drop following $60 million public offering
Shares of Larimar Therapeutics (NASDAQ:LRMR) declined 9% on Wednesday after the clinical-stage biotech firm revealed the pricing details of a new underwritten public offering. The company set the price for 18.75 million common shares at $3.20 each, reflecting a discount compared to Wednesday’s closing price of $3.53. The offering is projected to raise $60 million…
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Timken’s Q2 earnings surpass forecasts as shares remain steady
Timken Company (NYSE:TKR) announced adjusted earnings for the second quarter that outperformed analyst projections, even as the firm trimmed its full-year outlook due to persistent trade difficulties. Shares of the engineered bearings manufacturer held steady after hours, dipping just 0.02% following the earnings release. The company reported adjusted earnings of $1.42 per share for Q2,…
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Etsy surpasses Q2 revenue expectations despite rising AI and marketing costs
Etsy (NASDAQ:ETSY) reported second-quarter revenue that exceeded forecasts, driven by gains from more personalized marketing and advancements in artificial intelligence technologies. The company highlighted that strong results in on-site advertising and payment services for both Etsy and its fashion-focused platform, Depop, contributed to the revenue boost, according to a statement. Revenue grew 3.8% year-over-year to…
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American Electric Power shares climb following strong Q2 earnings beat
On Wednesday, American Electric Power (NASDAQ:AEP) reported adjusted earnings for the second quarter of 2025 that far surpassed analyst expectations, fueled by robust customer growth and targeted investments. The utility’s stock gained 1.57% in pre-market trading after the earnings release. AEP delivered adjusted earnings of $1.43 per share, outperforming the analyst consensus of $1.22 by…
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Silgan Holdings Q2 earnings climb 15% thanks to robust growth in dispensing products
Silgan Holdings Inc. (NYSE:SLGN), a top provider of rigid packaging solutions, announced on Wednesday that its adjusted earnings per share for the second quarter rose 15%, fueled by strong gains in its dispensing products segment and ongoing expansion in pet food packaging. The company reported adjusted earnings of $1.01 per share for Q2, slightly under…
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Kraft Heinz tops Q2 expectations, maintains full-year forecast
Kraft Heinz (NASDAQ:KHC) reported second-quarter results on Wednesday that exceeded both earnings and revenue projections, lifting its shares by 1% in premarket trading. The food giant also reaffirmed its full-year guidance. For the quarter, the company posted earnings per share of $0.69, beating Wall Street’s forecast of $0.64. Revenue came in at $6.35 billion, down…