ADVFN US – Market Content Editor
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Reynolds Consumer Products Tops Q2 Estimates, Maintains 2025 Guidance
Reynolds Consumer Products Inc. (NASDAQ:REYN) reported stronger-than-expected second-quarter earnings on Wednesday, as the household goods maker continued to navigate a tough market environment. Shares rose 0.70% in premarket trading after the announcement. For Q2, the company delivered adjusted earnings per share of $0.39, edging past the $0.38 consensus forecast. Revenue totaled $938 million, also exceeding…
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U.S. Private Sector Hiring Tops Forecasts in July, Says ADP
Private companies in the U.S. added more jobs than anticipated in July, according to data released Wednesday by payroll processing firm ADP. The report showed private sector employment increased by 104,000 jobs last month, rebounding from a revised loss of 23,000 jobs in June. The figures surpassed economists’ expectations, which called for a gain of…
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Dow Jones, S&P, Nasdaq, Wall Street Set for Cautious Start as Fed Decision and Big Tech Earnings Loom
Stock futures in the U.S. were little changed on Wednesday morning, pointing to a flat open as investors brace for a key Federal Reserve policy announcement and a batch of high-profile tech earnings later in the day. The lack of early momentum comes after a modest retreat in the prior session, with traders largely opting…
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Leonardo DRS surpasses Q2 forecasts and upgrades 2025 outlook
On Wednesday, Leonardo DRS, Inc. (NASDAQ:DRS) announced second-quarter results that outperformed analyst predictions, reporting adjusted earnings per share of $0.23 compared to the consensus estimate of $0.21, alongside revenue of $829 million, slightly above the anticipated $827.46 million. The defense technology company posted a 10% year-over-year increase in revenue for the quarter ending June 30,…
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Apple may raise iPhone 18 prices after strong Q2 demand, says Jefferies
Analysts at Jefferies suggest Apple could increase prices for the upcoming iPhone 18 models following robust second-quarter demand and rising costs. Jefferies noted about 22% year-over-year growth in equipment sales from major U.S. telecoms during Q2 2025—the highest in six quarters—attributed to a “pull-in” ahead of potential tariffs. This indicates that industry trackers like Counterpoint…
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Littelfuse shares climb 2% after Q2 earnings beat estimates
Littelfuse, Inc. (NASDAQ:LFUS) reported second-quarter earnings on Wednesday that significantly surpassed analyst expectations, fueled by robust growth across all segments. Shares rose 2.12% in pre-market trading following the results. The electrical components maker delivered adjusted earnings per share of $2.85, well above the consensus estimate of $2.33. Revenue increased 9.8% year over year to $613…
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Virtu Financial surpasses Q2 forecasts as trading income jumps
On Wednesday, Virtu Financial, Inc. (NYSE:VIRT) reported second-quarter results that outpaced analyst expectations, driven by a significant surge in trading income. Shares rose 1.20% in pre-market trading following the announcement. The financial services firm posted adjusted earnings per share of $1.53 for the quarter, beating the consensus estimate of $1.40. Revenue soared to $999.6 million,…
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WEC Energy surpasses Q2 expectations, maintains 2025 outlook
WEC Energy Group (NYSE:WEC) reported second-quarter earnings that exceeded analyst forecasts on Wednesday, boosted by warmer summer weather and enhanced operational efficiencies. Following the announcement, the Milwaukee-based utility’s stock rose 0.80% in after-hours trading. The company posted adjusted earnings of $0.76 per share for the quarter, outpacing the consensus estimate of $0.72. Revenue climbed to…
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Chefs’ Warehouse shares climb 3% following stronger-than-expected Q2 results
Chefs’ Warehouse Inc. (NASDAQ:CHEF) announced second-quarter earnings and revenue that surpassed analyst projections on Wednesday, boosting its stock nearly 3% in pre-market trading. The specialty food distributor reported adjusted earnings per share of $0.52 for the quarter, beating the consensus estimate of $0.45. Revenue increased 8.4% year over year to $1.03 billion, topping forecasts of…
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Garmin shares jump as Q2 results surpass estimates and guidance lifted
Garmin Ltd. (NYSE:GRMN) shares climbed 5.4% on Wednesday after reporting second-quarter results that well exceeded analyst expectations, prompting the company to raise its full-year guidance. This strong performance was driven by robust demand across all of Garmin’s business segments. The company, known for navigation and wearable technology, posted adjusted earnings of $2.17 per share, comfortably…