ADVFN US – Market Content Editor
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Expro Misses Earnings Estimates but Issues Stronger Revenue Outlook
Expro Group Holdings N.V. (NYSE:XPRO) reported mixed second-quarter results on Tuesday, missing Wall Street earnings expectations while delivering a modest revenue beat. Despite the earnings shortfall, the company issued stronger guidance for the second half of the year. Shares were little changed in after-hours trading following the announcement. Adjusted earnings per share came in at…
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JetBlue Shares Rise After Second-Quarter Earnings Beat and New 2028 Profit Target
JetBlue Airways Corporation (NASDAQ:JBLU) reported better-than-expected second-quarter results on Tuesday, beating analyst forecasts for both earnings and revenue while unveiling a long-term earnings target under its JetForward transformation strategy. Shares rose 2.5% in pre-market trading following the announcement. The airline posted an adjusted loss of $0.66 per share, outperforming the analyst consensus estimate of a…
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American Tower Beats Second-Quarter Estimates but Revenue Outlook Misses Expectations
American Tower Corporation (NYSE:AMT) reported stronger-than-expected second-quarter results on Tuesday, beating Wall Street forecasts for both earnings and revenue. However, investors were disappointed by the company’s full-year revenue guidance, which came in below market expectations despite an improved outlook. The communications infrastructure real estate investment trust posted adjusted earnings per share of $1.86, comfortably ahead…
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GE Vernova Wins Contract to Modernise Dinorwig Hydropower Plant in Wales
GE Vernova (NYSE:GEV) has secured a contract from First Hydro Company, a joint venture between ENGIE and La Caisse, to replace two pumped storage generating units at the Dinorwig pumped storage hydropower station in North Wales. The project forms part of a long-term modernisation programme designed to extend the operational life of one of the…
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CMS Energy Shares Decline After Second-Quarter Earnings Miss
CMS Energy (NYSE:CMS) reported weaker-than-expected second-quarter results on Tuesday, missing Wall Street estimates for both earnings and revenue, although the utility reaffirmed its full-year outlook and outlined strategic changes aimed at simplifying its business. Shares fell 3.07% in pre-market trading following the earnings release. Adjusted earnings per share came in at $0.37, well below the…
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ProMIS Neurosciences Shares Climb on Positive Interim Alzheimer’s Trial Safety Results
ProMIS Neurosciences Inc. (NASDAQ:PMN) shares gained 13% on Tuesday after the company released encouraging six-month interim safety and biomarker data from its ongoing PRECISE-AD Phase 1b study evaluating PMN310 in patients with Alzheimer’s disease. The clinical-stage biotechnology company reported favourable blinded interim findings, highlighting a strong safety profile and biomarker trends that support continued development…
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Pentair Shares Drop After Revenue Miss Overshadows Earnings Beat
Pentair plc (NYSE:PNR) reported second-quarter results on Tuesday that exceeded earnings expectations, but weaker-than-expected revenue and a soft near-term outlook weighed on investor sentiment, sending the company’s shares lower in pre-market trading. Shares of the water treatment and flow solutions company fell 5.03% following the earnings release. Adjusted earnings per share came in at $1.14,…
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Altimmune Shares Jump After Positive Phase 2 Alcohol Use Disorder Trial Results
Altimmune Inc. (NASDAQ:ALT) shares climbed 18% on Tuesday after the biotechnology company reported positive topline data from its Phase 2 RECLAIM study evaluating pemvidutide as a treatment for alcohol use disorder. The trial successfully achieved its primary endpoint, demonstrating a statistically significant reduction in heavy drinking days compared with placebo. Pemvidutide Meets Primary and Secondary…
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Corning Shares Slide Despite Second-Quarter Earnings Beat as Guidance Disappoints
Corning Incorporated (NYSE:GLW) reported better-than-expected second-quarter earnings on Tuesday, but investors focused on weaker-than-anticipated guidance for the third quarter, sending the specialty glass and materials manufacturer’s shares down 11.2%. The company posted adjusted earnings per share of $0.78, exceeding the analyst consensus estimate of $0.75. Quarterly revenue reached $4.74 billion, ahead of expectations of $4.62…
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TransUnion Tops Second-Quarter Expectations and Increases Full-Year Forecast
TransUnion (NYSE:TRU) reported stronger-than-expected second-quarter results on Tuesday, surpassing Wall Street forecasts for both earnings and revenue while raising its outlook for the full year on the back of continued growth across its domestic and international businesses. Despite the earnings beat, shares slipped 0.96% in pre-market trading following the announcement. Adjusted earnings per share rose…