Category: Top Story
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CNX Resources tops Q3 forecasts with strong earnings and revenue beat
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…
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Wabash National shares drop 5% after Q3 loss widens, guidance cut
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…
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Carvana shares drop despite record Q3 revenue and profit beat
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…
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Kellanova beats profit forecasts in Q3, revenue steady ahead of Mars merger
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…
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Hershey Tops Q3 Estimates and Lifts Full-Year Outlook on Strong Brand Momentum
The Hershey Company (NYSE:HSY) reported third-quarter earnings and revenue that beat Wall Street expectations, supported by strong pricing strategies, steady demand, and successful innovation across its product portfolio. The chocolate and snack giant posted revenue of $3.18 billion, up 6.5% year-over-year, and ahead of the $3.11 billion consensus estimate.Adjusted earnings per share came in at…
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Roblox Tops Bookings Forecasts and Lifts Full-Year Guidance Despite Shares Falling
Roblox Corporation (NYSE:RBLX) reported third-quarter bookings that far exceeded expectations, powered by surging user engagement and robust platform monetization. However, shares were down about 3% in premarket trading Thursday, as investors digested the results following an early rally. The gaming platform reported bookings of $1.92 billion, a 70% year-over-year increase, easily surpassing the $1.68 billion…
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S&P Global Shares Climb After Strong Q3 Earnings Beat Expectations
S&P Global Inc. (NYSE:SPGI) shares rose 2.5% in premarket trading Thursday after the financial intelligence and analytics group reported third-quarter results that topped Wall Street forecasts, underscoring its resilience in a volatile market environment. The company posted adjusted earnings of $4.73 per share, beating the analyst consensus of $4.38 by $0.35. Revenue totaled $3.89 billion,…
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Eli Lilly Raises Full-Year Guidance on Soaring Demand for Weight-Loss Drugs
Eli Lilly (NYSE:LLY) raised its full-year outlook on Thursday after delivering third-quarter results that handily beat expectations, driven by booming demand for its obesity and diabetes treatments. The U.S. pharmaceutical giant now expects 2025 revenue between $63 billion and $63.5 billion, up from its prior range of $60 billion to $62 billion. Analysts surveyed by…
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Myers Industries Shares Edge Higher Despite Slight Q3 Earnings Miss
Myers Industries Inc. (NYSE:MYE) shares rose 1.55% in premarket trading Thursday, even as the company reported third-quarter earnings that came in just below analyst expectations. The polymer products manufacturer posted adjusted earnings per share of $0.26, missing the $0.28 consensus forecast, while revenue totaled $205.4 million, slightly under the expected $206.4 million. Solid Operational Gains…
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LCI Industries Shares Edge Higher After Beating Q3 Earnings Forecasts
LCI Industries (NYSE:LCII) shares rose over 2% in premarket trading Thursday after the supplier of recreational and transportation components delivered third-quarter earnings and revenue that topped analyst expectations, supported by broad-based demand growth and stronger margins. The company reported adjusted earnings of $1.97 per share, well ahead of the $1.44 analyst consensus, while revenue climbed…