Category: Latest News

  • Etsy surpasses Q2 revenue expectations despite rising AI and marketing costs

    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…

  • American Electric Power shares climb following strong Q2 earnings beat

    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…

  • Silgan Holdings Q2 earnings climb 15% thanks to robust growth in dispensing products

    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…

  • Kraft Heinz tops Q2 expectations, maintains full-year forecast

    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…

  • Evercore tops Q2 expectations as advisory revenue hits record highs

    Evercore tops Q2 expectations as advisory revenue hits record highs

    Evercore Inc. (NYSE:EVR) delivered a strong second-quarter performance, with earnings and revenue far surpassing Wall Street forecasts thanks to a surge in advisory fees. However, shares dipped 2.33% in premarket trading despite the impressive results. The investment bank reported adjusted earnings per share of $2.42, easily beating the $1.74 consensus estimate. Revenue reached a record…

  • Trane Technologies shares dip over 3% as revenue falls short of targets

    Trane Technologies shares dip over 3% as revenue falls short of targets

    Trane Technologies plc (NYSE:TT) posted better-than-expected second-quarter earnings on Wednesday, but a slight revenue miss caused shares to drop more than 3% in premarket trading. The climate solutions provider reported adjusted earnings per share of $3.88 for Q2 2025, topping Wall Street’s forecast of $3.79. However, revenue came in at $5.75 billion—just under the projected…

  • United Therapeutics Q2 earnings fall short despite record-setting revenue

    United Therapeutics Q2 earnings fall short despite record-setting revenue

    United Therapeutics Corporation (NASDAQ:UTHR) released its second-quarter financial results on Wednesday, revealing earnings that missed Wall Street expectations, even as the company delivered record revenue for the period. The biotech firm reported adjusted earnings of $6.41 per share, falling $0.94 below the analyst forecast of $7.35. Revenue reached $798.6 million, just shy of the anticipated…

  • Smurfit Westrock stock dips as earnings miss overshadows revenue growth in Q2

    Smurfit Westrock stock dips as earnings miss overshadows revenue growth in Q2

    Smurfit Westrock plc (NYSE:SW) reported a net loss for the second quarter on Wednesday, falling short of analyst earnings forecasts despite slightly outperforming on revenue. Following the announcement, shares declined 1.89% in premarket U.S. trading. The global paper-based packaging firm posted a net loss of $26 million for the quarter, translating to a loss of…

  • Hershey tops Q2 estimates but trims annual profit outlook on tariff headwinds

    Hershey tops Q2 estimates but trims annual profit outlook on tariff headwinds

    The Hershey Company (NYSE:HSY) delivered better-than-expected second-quarter results on Wednesday, though its stock slipped 1.2% in premarket trading after the chocolate maker revised its full-year earnings forecast downward due to mounting tariff-related costs. Adjusted earnings for the quarter came in at $1.21 per share, beating analyst projections of $0.99. Revenue reached $2.61 billion, also above…

  • VF Corp shares soar nearly 17% as Q1 results surpass forecasts

    VF Corp shares soar nearly 17% as Q1 results surpass forecasts

    VF Corporation (NYSE:VFC) saw its stock surge 16.94% in pre-market trading on Wednesday after reporting fiscal first-quarter 2026 earnings that beat Wall Street expectations, offering encouraging signs that its business overhaul is gaining traction. The apparel and footwear conglomerate—owner of brands like The North Face, Vans, and Timberland—posted an adjusted quarterly loss of $0.24 per…