Category: Latest News
-
Pentair Tops Q2 Expectations, Shares Dip Despite Upbeat Full-Year Outlook
Pentair plc (NYSE:PNR) delivered second-quarter results that came in ahead of expectations on the earnings front, though shares edged down in pre-market trading due to a mixed outlook for the months ahead. The water technology company reported adjusted earnings per share of $1.39 for the quarter, surpassing Wall Street’s consensus of $1.34. Revenue totaled $1.12…
-
Coca-Cola Beats Earnings Estimates and Plans U.S. Cane Sugar Launch
Coca-Cola (NYSE:KO) reported stronger-than-anticipated earnings for the second quarter and reiterated expectations to achieve adjusted per-share earnings growth at the upper end of its previously outlined range, despite facing challenges from tariff-related pressures. The company also announced plans to introduce a new product made with cane sugar in the U.S. market this fall. This move…
-
Dow Jones, S&P, Nasdaq, Futures Point to Flat Opening for Dow, S&P, and Nasdaq as Wall Street Awaits Trade Clarity
Major U.S. stock futures indicate a mostly steady start to Tuesday’s trading session, with investors showing caution after modest gains in the previous day’s market close. Traders are holding back from making aggressive moves as the August 1 deadline for President Donald Trump’s proposed “reciprocal tariffs” approaches, injecting uncertainty into the market. Stocks opened the…
-
MSCI Surpasses Q2 Expectations as ETF Assets Reach New Heights
MSCI Inc. (NYSE:MSCI) announced second-quarter adjusted earnings on Tuesday that outpaced analyst forecasts, fueled by robust growth in asset-based fees as ETFs tracking its indexes hit record asset levels. Following the news, MSCI’s shares gained 0.91% in pre-market trading. The company reported adjusted earnings per share of $4.17, slightly above the expected $4.14, while revenue…
-
Fusion Fuel’s BrightHy Solutions Signs Non-Binding Term Sheet for Strategic Partnership with €30 Million Commitment To Hydrogen Infrastructure Investments
BrightHy Solutions, a Fusion Fuel (NASDAQ:HTOO) subsidiary, has entered into a non-binding Term Sheet to establish a strategic partnership with an undisclosed green energy technology company. The agreement outlines a planned €30 million investment in hydrogen infrastructure over four years. Notably, the funding will be channeled through special purpose vehicles under a newly formed investment…
-
Northrop raises full-year guidance after strong Q2 results surpass expectations
Shares of Northrop Grumman (NYSE:NOC) climbed over 3% in premarket trading Tuesday following the aerospace and defense firm’s announcement of better-than-expected second-quarter earnings and an upgraded full-year outlook. The company reported Q2 earnings per share of $8.15, well above analysts’ forecast of $6.82. Quarterly revenue hit $10.4 billion, also exceeding the consensus estimate of $10.07…
-
Synchrony Financial Surpasses Q2 Profit Expectations, Revenue Slightly Misses Forecasts
Synchrony Financial (NYSE:SYF) reported second-quarter earnings that comfortably beat analyst predictions, though revenue came in just under estimates. Following the release, the company’s stock dropped 1.35% as investors digested the mixed results. For the quarter, the financial services firm posted adjusted earnings per share of $2.50, surpassing the consensus forecast of $1.79 by a significant…
-
Equifax Surpasses Q2 Estimates on Mortgage Strength; Shares Edge Higher
Equifax Inc. (NYSE:EFX) delivered second-quarter results that beat expectations, as a surge in U.S. mortgage revenue helped offset headwinds from broader market challenges. The company’s shares gained 2.45% in premarket trading after the release. The credit reporting firm reported adjusted earnings of $2.00 per share, topping analyst projections of $1.50. Quarterly revenue reached $1.537 billion,…
-
KeyCorp Q2 Earnings Fall Short Despite 21% Revenue Growth
KeyCorp (NYSE:KEY) posted second-quarter earnings on Tuesday that missed Wall Street expectations, even as revenue climbed 21% from the prior year. Shares dipped slightly, down 0.11% in premarket trading following the report. The Cleveland-based bank recorded net income of $387 million, or $0.35 per diluted share—matching analysts’ EPS forecast, but not surpassing it. Total revenue…
-
General Motors Shares Drop as Q2 Profit Slides Amid North American Weakness
Shares of General Motors Co. (NYSE:GM) fell 4.1% Tuesday after the company posted better-than-expected second-quarter earnings but reported a sharp decline in profit compared to last year, primarily due to a downturn in its North American business. The automaker reported adjusted earnings per share of $2.53 for the quarter, beating the analyst consensus of $2.35.…