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GE HealthCare Beats Second-Quarter Expectations as Record Orders Drive Growth
GE HealthCare Technologies Inc. (NASDAQ:GEHC) reported stronger-than-expected second-quarter results on Wednesday, with record order growth and revenue exceeding Wall Street forecasts, sending shares about 9% higher in pre-market trading. The medical technology company posted adjusted earnings of $1.13 per share, beating analysts’ consensus estimate of $1.04. Revenue increased 5.7% year over year to $5.3 billion,…
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Boston Scientific Beats Second-Quarter Expectations as Sales Growth Lifts Shares
Boston Scientific (NYSE:BSX) shares rose more than 3% in pre-market trading on Wednesday after the medical device manufacturer reported second-quarter earnings and revenue that exceeded Wall Street expectations, supported by broad-based growth across its business. The company reported earnings of $0.86 per share for the quarter, ahead of analysts’ consensus estimate of $0.83. Revenue increased…
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Lemonade Shares Slide After Results Fail to Meet High Investor Expectations
Lemonade, Inc. (NYSE:LMND) shares fell more than 7% in pre-market trading after the AI-powered insurance company released its second-quarter 2026 results, with investors reacting negatively despite revenue outperforming expectations. The sell-off reflected concerns that the company’s outlook failed to justify the high expectations already priced into the stock, following a strong rally earlier in the…
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VF Shares Fall After Earnings Miss Overshadows Revenue Beat
VF Corporation (NYSE:VFC) shares fell around 6% on Wednesday after the apparel and footwear company reported a wider-than-expected quarterly loss, despite delivering revenue ahead of Wall Street forecasts and raising its full-year sales outlook. The company reported an adjusted loss of $0.27 per share for the first quarter of fiscal 2027, compared with analysts’ expectations…
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Stanley Black & Decker Beats Second-Quarter Expectations and Raises Full-Year Outlook
Stanley Black & Decker, Inc. (NYSE:SWK) reported stronger-than-expected second-quarter results on Wednesday, with earnings surpassing Wall Street forecasts as the company increased its full-year profit and cash flow guidance. Shares of the tools and outdoor products manufacturer rose around 3% in pre-market trading following the results. The company reported adjusted earnings of $1.57 per share,…
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Humana Shares Fall Despite Second-Quarter Earnings Beat and Reaffirmed Outlook
Humana Inc. (NYSE:HUM) shares fell nearly 9% in pre-market trading on Wednesday despite the health insurer reporting second-quarter earnings and revenue that exceeded Wall Street expectations while reaffirming its full-year adjusted earnings guidance. The company posted adjusted earnings of $7.61 per share, surpassing analysts’ consensus estimate of $7.23. Revenue for the quarter increased to $40.89…
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Biogen Beats Second-Quarter Expectations as Growth Portfolio Drives Revenue Higher
Biogen (NASDAQ:BIIB) reported stronger-than-expected second-quarter results on Wednesday, with revenue and adjusted earnings exceeding Wall Street forecasts as its expanding portfolio of growth products continued to offset weakness in its legacy multiple sclerosis business. The biotechnology company posted revenue of $2.74 billion for the quarter, an increase of 3% from a year earlier and well…
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Clarivate Shares Slip After Mixed Second-Quarter Results Despite Earnings Beat
Clarivate Plc (NYSE:CLVT) shares fell nearly 4% in pre-market trading on Wednesday after the company reported second-quarter earnings that exceeded expectations but posted revenue below Wall Street forecasts, despite maintaining an upbeat outlook for the full year. The global information and analytics provider reported adjusted earnings of $0.19 per share, narrowly ahead of analysts’ consensus…
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ArcBest Beats Second-Quarter Expectations Despite Restructuring and Impairment Charges
ArcBest Corporation (NASDAQ:ARCB) reported stronger-than-expected second-quarter results on Wednesday, with earnings and revenue exceeding Wall Street forecasts despite significant impairment and restructuring charges that resulted in a GAAP net loss. Shares of the logistics company were little changed in pre-market trading, edging slightly lower following the earnings release. The company reported adjusted earnings of $2.38…
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Vertiv Shares Fall Despite Earnings Beat and Higher Full-Year Forecast
Vertiv Holdings Co. (NYSE:VRT) shares dropped more than 9% in pre-market trading on Wednesday after second-quarter revenue came in below Wall Street expectations, overshadowing stronger-than-expected earnings and an increase to the company’s full-year guidance. The data centre infrastructure provider reported adjusted earnings of $1.52 per share for the quarter, ahead of analysts’ consensus estimate of…