Category: Top Story
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Harley-Davidson Shares Gain as Financial Services Deal Lifts Q3 Earnings
Harley-Davidson Inc. (NYSE:HOG) shares rose 2.2% on Tuesday after the motorcycle maker reported third-quarter earnings well above analyst forecasts, fueled largely by the transformation of its financial services division. The Milwaukee-based company posted adjusted earnings of $3.10 per share, far exceeding the consensus estimate of $1.58, while revenue surged 17% year-over-year to $1.34 billion, beating…
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Molson Coors Misses Q3 Expectations Amid Softer Demand and Heightened Competition
Molson Coors Beverage Company (NYSE:TAP) posted third-quarter results that came in below Wall Street estimates, as the brewer faced ongoing industry-wide weakness and increased competitive pressures. Shares of the company slipped 0.93% in premarket trading following the announcement. The beverage maker reported adjusted earnings of $1.67 per share, missing the analyst consensus of $1.71, while…
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Marathon Petroleum Shares Slide 6% as Q3 Earnings Miss Despite Revenue Beat
Marathon Petroleum Corp. (NYSE:MPC) shares fell 6.5% in premarket trading on Tuesday, after the company’s third-quarter earnings came in below expectations, overshadowing stronger-than-anticipated revenue figures. The U.S. refining leader reported adjusted earnings of $3.01 per share, missing the consensus estimate of $3.19, while revenue reached $34.81 billion, surpassing forecasts of $33.53 billion. Revenue was slightly…
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Shopify Beats Q3 Expectations as Merchants Gear Up for Holiday Season
Shopify (NYSE:SHOP) reported third-quarter results that surpassed Wall Street forecasts, with both revenue and operating income topping expectations as the company said its merchants are “built for” the upcoming holiday shopping season. The Canadian e-commerce platform’s merchant base continued to show resilience despite headwinds from U.S. tariffs that have added uncertainty to production, sourcing, and…
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Yum! Brands Launches Strategic Review of Pizza Hut as Q3 Earnings Surpass Expectations
Yum! Brands, Inc. (NYSE:YUM) announced on Tuesday that it has begun a formal strategic review of its Pizza Hut division, even as the company reported third-quarter results that beat Wall Street expectations. The global restaurant operator — which owns KFC, Taco Bell, Pizza Hut, and Habit Burger Grill — posted adjusted earnings per share of…
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Marriott Tops Q3 Earnings Forecasts as International Markets Drive RevPAR Growth
Marriott International (NASDAQ:MAR) reported third-quarter earnings that exceeded expectations on Tuesday, as strong international performance offset slight softness in North America. The company’s adjusted earnings per share came in at $2.47, beating analyst forecasts by $0.10. Shares of Marriott were up 0.51% in premarket trading following the release. The hotel operator posted revenue of $6.49…
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Evoke Pharma Shares Skyrocket 134% After QOL Medical Announces Acquisition Deal
Evoke Pharma (NASDAQ:EVOK) shares surged 134% on Tuesday after the company revealed it had signed a definitive agreement to be acquired by QOL Medical, a privately held biopharmaceutical company focused on gastrointestinal and rare diseases. Under the terms of the deal, QOL Medical will acquire Evoke for $11.00 per share in cash, representing a 139.7%…
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Capri Holdings Shares Jump 5% After Beating Revenue Expectations
Capri Holdings Limited (NYSE:CPRI) — the global luxury fashion house behind Michael Kors, Jimmy Choo, and Versace — reported second-quarter fiscal 2026 results that surpassed Wall Street’s revenue expectations, signaling early signs of business stabilization. The company’s shares rose nearly 5% in premarket trading Tuesday following the announcement. Capri posted revenue of $856 million, topping…
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Vital Farms Shares Jump Over 8% on Record Revenue and Upgraded Outlook
Vital Farms (NASDAQ:VITL) surged more than 8.8% in premarket trading Tuesday after the company delivered record third-quarter results that topped expectations and prompted management to raise its full-year forecast, fueled by strong volume growth and operational efficiencies. The ethically sourced food producer reported adjusted earnings of $0.36 per share, well above analysts’ expectations of $0.29,…
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Wingstop Shares Slide After Revenue Miss and Lowered Outlook
Wingstop Inc. (NASDAQ:WING) shares dropped nearly 8% on Tuesday after the restaurant chain reported third-quarter revenue below Wall Street expectations and trimmed its full-year sales outlook, even as profits came in stronger than anticipated. The company posted adjusted earnings of $1.09 per share, beating analysts’ estimates of $0.93, but revenue of $175.5 million fell short…