Category: Include on Menu
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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…
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Fiverr Shares Plunge After Earnings Miss and Sharp Cut to Full-Year Outlook
Fiverr International Ltd. (NYSE:FVRR) shares tumbled nearly 17% in pre-market trading after the freelance marketplace reported weaker-than-expected second-quarter results and significantly lowered its financial outlook, citing growing pressure from artificial intelligence on parts of its business. The company missed Wall Street estimates on both earnings and revenue, while management warned that AI-related headwinds and softer…
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Lithia Motors Shares Jump After Second-Quarter Earnings Beat Expectations
Lithia Motors (NYSE:LAD) shares rose nearly 5% in pre-market trading on Wednesday after the automotive retailer reported second-quarter earnings that comfortably exceeded Wall Street expectations, supported by record performance from its financing business. The company posted adjusted earnings of $10.03 per share, beating analysts’ consensus estimate of $8.81. Quarterly revenue reached $9.8 billion, up 2%…
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New Oriental Shares Rise Despite Earnings Miss as Revenue Beats Expectations
New Oriental Education & Technology Group Inc. (NYSE:EDU) reported fourth-quarter results on Wednesday that exceeded revenue forecasts but fell short of earnings expectations, with investors focusing on continued business expansion and a stronger outlook for the year ahead. Shares of the Chinese education services provider rose more than 3% in pre-market trading following the results…
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Seagate Shares Rise After Fourth-Quarter Results Beat Expectations and Outlook Surprises to the Upside
Seagate Technology PLC (NASDAQ:STX) shares gained nearly 3% in pre-market trading on Wednesday after the data storage company reported stronger-than-expected fourth-quarter earnings and revenue while issuing first-quarter guidance that significantly exceeded Wall Street forecasts. The company reported adjusted earnings of $5.71 per share for the fourth quarter on revenue of $3.6 billion. Revenue increased 49%…
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Constellium Raises Full-Year Outlook After Second-Quarter Earnings Top Expectations
Constellium SE (NYSE:CSTM) reported stronger-than-expected second-quarter results on Wednesday and increased its financial guidance for the full year, sending its shares more than 3% higher in pre-market trading. The aluminum products manufacturer posted adjusted earnings of $1.04 per share, comfortably ahead of analysts’ consensus estimate of $0.71. Quarterly revenue rose to $2.75 billion, exceeding expectations…