Category: Top Story
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Lazard, Inc. shares tick higher as record adjusted revenue tops forecasts
Lazard, Inc. (NYSE:LAZ) reported stronger-than-expected third-quarter results on Thursday, fueled by record adjusted net revenue and solid gains across both its Financial Advisory and Asset Management businesses. The stock rose 1.97% in premarket trading following the announcement. Adjusted earnings per share came in at $0.56, beating the analyst consensus of $0.44. Total revenue was $748…
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CenterPoint Energy, Inc. shares rise after Q3 earnings beat and strong profit growth
CenterPoint Energy, Inc. (NYSE:CNP) reported better-than-expected third-quarter earnings on Thursday, with net income surging 52% year over year. The strong results lifted shares 2.9% in early trading. Adjusted earnings came in at $0.50 per share, beating the analyst consensus of $0.44. Revenue totaled $1.99 billion, slightly below the $2.05 billion expected by analysts. Net income…
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Tri Pointe Homes, Inc. shares climb after Q3 results top expectations
Tri Pointe Homes, Inc. (NYSE:TPH) reported third-quarter results on Thursday that beat Wall Street estimates for both earnings and revenue, despite continued weakness in the U.S. housing market. The company’s shares rose 3.53% in premarket trading following the announcement. Adjusted earnings came in at $0.71 per share, well above the analyst consensus of $0.52. Revenue…
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PG&E Corporation tightens 2025 guidance, unveils 2026 forecast as Q3 results come in mixed
PG&E Corporation (NYSE:PCG) delivered better-than-expected third-quarter earnings on Thursday, though revenue fell short of forecasts. Alongside the results, the utility narrowed its 2025 outlook and provided initial guidance for 2026. Shares were up about 1% in premarket trading. For the third quarter, PG&E reported earnings per share of $0.50, topping analyst expectations of $0.43. Revenue…
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Gentherm Incorporated stock edges higher after Q3 earnings beat and upgraded 2025 outlook
Gentherm Incorporated (NASDAQ:THRM) reported stronger-than-expected third-quarter results on Thursday, boosted by solid growth in its automotive climate and comfort solutions business. Shares rose 1.98% in premarket trading after the announcement. The company posted adjusted earnings per share of $0.73, beating the analyst consensus of $0.65. Revenue hit a record $387 million, ahead of estimates of…
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Dow Inc. tops Q3 earnings expectations despite lower revenue
Dow Inc. (NYSE:DOW) posted a smaller-than-expected loss for the third quarter on Wednesday, even as revenue slipped amid persistent weakness across the chemicals industry. The company reported an adjusted loss of $0.19 per share, beating analysts’ expectations for a $0.31 loss. Revenue came in at $9.97 billion, falling short of the $10.22 billion consensus forecast.…
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Allegion plc beats Q3 estimates and raises full-year guidance
Allegion plc (NYSE:ALLE) posted stronger-than-expected third-quarter earnings on Thursday, as robust demand in its Americas non-residential business and effective pricing strategies helped lift results. Shares of the security products company rose 1.3% after the announcement. For the quarter ended September 30, Allegion reported adjusted earnings per share of $2.30, topping the analyst consensus of $2.21.…
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West Pharmaceutical Services, Inc. stock jumps after Q3 beat and upgraded outlook
West Pharmaceutical Services, Inc. (NYSE:WST) reported better-than-expected third-quarter results on Thursday and lifted its full-year forecast, sending shares up 3.25% in premarket trading. The company, which provides injectable drug delivery solutions, posted adjusted earnings per share of $1.96, easily surpassing Wall Street’s estimate of $1.69. Revenue rose 7.7% year-over-year to $804.6 million, ahead of the…
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Honeywell International Inc. beats Q3 expectations, raises full-year outlook
Honeywell International Inc. (NASDAQ:HON) posted stronger-than-expected third-quarter earnings on Thursday, prompting the industrial conglomerate to lift its full-year guidance even as it prepares to spin off its specialty chemicals unit, Solstice Advanced Materials, at the end of the month. Group sales rose 7% year-over-year, driven largely by strength in Honeywell’s aerospace division. Total revenue reached…
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Precision Drilling Corporation Q3 results fall short as drilling activity cools
Precision Drilling Corporation (NYSE:PDS) posted weaker-than-expected third-quarter earnings on Thursday, reporting a surprise loss as softer industry activity weighed on results. The company lost Cdn$0.51 per share, missing consensus forecasts for a profit of Cdn$1.48 per share. Revenue came in at Cdn$462.25 million, just below expectations of Cdn$465.63 million and down 3% from Cdn$477 million…