Category: Top Story

International Paper (NYSE:IP) shares dropped 5.1% on Thursday after the global packaging and paper producer posted a sharp third-quarter earnings miss, hurt by heavy restructuring charges tied to mill closures and its ongoing transformation efforts. The company reported an adjusted loss of $0.43 per share, far below analyst expectations for a $0.55 profit per share.…

Entegris, Inc. (NASDAQ:ENTG) shares fell 4.2% on Thursday, after the semiconductor materials supplier issued fourth-quarter guidance that came in below expectations, overshadowing an otherwise steady third-quarter performance. For the third quarter, the company reported adjusted earnings of $0.72 per share, in line with analyst estimates, on revenue of $807 million, slightly above the $804.17 million…

Kimco Realty (NYSE:KIM) delivered strong third-quarter results on Thursday, with earnings and revenue topping Wall Street expectations and prompting the real estate investment trust (REIT) to raise its full-year 2025 outlook. The company posted funds from operations (FFO) of $0.44 per share, slightly above the consensus estimate of $0.43, while revenue climbed to $535.86 million,…

Cleveland-Cliffs Inc. (NYSE:CLF) shares tumbled nearly 9% on Thursday after the U.S. steelmaker announced the pricing of a major public share offering aimed at raising close to $1 billion in gross proceeds. The company said it has priced 75 million common shares at approximately $12.85 each, with UBS Securities LLC acting as the sole underwriter.…

RPC Inc. (NYSE:RES) shares rose 4.4% in premarket trading Thursday after the oilfield services company posted third-quarter results that exceeded Wall Street forecasts, supported by improved performance across nearly all business segments. The company reported adjusted earnings of $0.09 per share, beating analyst estimates of $0.07, while revenue surged to $447.1 million, well above the…

Sirius XM Holdings Inc. (NASDAQ:SIRI) shares surged 5.4% on Thursday, after the audio entertainment company delivered better-than-expected third-quarter results and raised its full-year guidance across all major financial metrics. The company posted earnings per share of $0.84, topping the analyst estimate of $0.79, while revenue reached $2.16 billion, slightly above the consensus forecast of $2.14…

CNX Resources Corporation (NYSE:CNX) delivered third-quarter results well ahead of analyst expectations, as robust production and favorable pricing lifted both revenue and profitability. Despite the upbeat results, shares of the natural gas producer dipped slightly, down 0.40% in premarket trading Thursday. For the quarter, CNX reported adjusted earnings per share of $1.21, smashing the consensus…

Wabash National Corporation (NYSE:WNC) shares fell more than 5% in premarket trading Thursday after the transportation equipment manufacturer posted third-quarter results that missed Wall Street expectations, with steeper losses and softer sales amid ongoing market headwinds. The company reported an adjusted loss of -$0.51 per share, significantly worse than the -$0.24 per share expected by…

Carvana Co (NYSE:CVNA) reported record third-quarter revenue and profitability, but its shares fell more than 7% in premarket trading Thursday, as cautious guidance and margin compression overshadowed the strong results. According to Morgan Stanley analysts, the sell-off was “likely due to the in-line operating results versus an elevated buy-side bar.” The online used car retailer…

Kellanova (NYSE:K) posted quarterly earnings that came in ahead of expectations, while revenue was broadly in line with analyst projections, as the maker of Pringles continues to navigate industry-wide softness and rising costs. The company reported earnings per share of $0.94, topping the consensus estimate of $0.87. Revenue reached $3.26 billion, up roughly 1% year-over-year…