ADVFN US – Market Content Editor

Oscar Health (NYSE:OSCR) surged nearly 11% in premarket trading on Wednesday after the company reported first-quarter earnings far above Wall Street expectations, driven by strong profitability gains and improving operating margins. The health insurance provider posted adjusted earnings per share of $2.07, beating analyst forecasts of $1.06 by more than $1 per share. Revenue totaled…

Carter’s (NYSE:CRI) moved higher in premarket trading on Wednesday after the children’s clothing company reported first-quarter earnings and revenue ahead of Wall Street expectations. Shares gained more than 2% following the release. The company posted earnings per share of $0.39, well above analyst forecasts of $0.11. Revenue totaled $681 million, exceeding consensus estimates of $658.76…

Louisiana-Pacific Corporation (NYSE:LPX) reported first-quarter results on Wednesday that topped Wall Street earnings expectations but missed on revenue, while weaker guidance for the coming quarters weighed on investor sentiment. Shares in the building products company edged 1.1% lower in premarket trading following the release. The company posted adjusted earnings per share of $0.38, comfortably ahead…

LivaNova (NASDAQ:LIVN) reported first-quarter results on Wednesday that came in ahead of Wall Street expectations, although shares fell more than 2% in premarket trading as investors weighed the company’s updated guidance against analyst forecasts. The medical technology group posted adjusted earnings per share of $0.98, surpassing analyst estimates of $0.90 by $0.08. Revenue reached $362.3…

Fortis (NYSE:FTS) reported first-quarter earnings on Wednesday that exceeded analyst expectations, supported by continued rate base growth and progress on its long-term infrastructure investment strategy. The regulated North American utility company posted earnings of $0.99 per share for the quarter, comfortably ahead of Wall Street forecasts of $0.67 per share. Net earnings totaled $501 million…

NiCE (NASDAQ:NICE) reported first-quarter results on Wednesday that exceeded Wall Street expectations, but shares dropped more than 9% in premarket trading after the company issued softer-than-expected revenue guidance for the second quarter. The cloud software provider posted adjusted earnings per share of $2.64, beating analyst estimates of $2.52 by $0.12. Revenue rose 9.8% year over…

Clear Secure (NYSE:YOU) surged nearly 12% on Wednesday after the company reported first-quarter results ahead of Wall Street expectations and issued stronger-than-expected guidance for the current quarter. The identity technology provider posted adjusted earnings per share of $0.38, beating analyst forecasts of $0.31 by $0.07. Revenue reached $253 million, exceeding consensus estimates of $244.06 million…

Cenovus Energy (NYSE:CVE) reported first-quarter results on Wednesday that exceeded analyst earnings expectations, supported by record upstream production levels and higher crude oil prices. The Canadian energy producer posted adjusted earnings of $0.83 per share, comfortably ahead of Wall Street forecasts of $0.51 per share. Revenue totaled $9.39 billion during the quarter, slightly below analyst…

Deluxe (NYSE:DLX) reported first-quarter results on Wednesday that came in ahead of Wall Street expectations, although shares fell more than 2% in premarket trading after the company issued weaker-than-expected full-year guidance. The payments and data services group posted adjusted earnings of $1.05 per share, exceeding analyst forecasts of $0.87 by $0.18. Revenue totaled $538.1 million,…

Bloomin’ Brands (NASDAQ:BLMN) reported first-quarter results on Wednesday that exceeded Wall Street expectations and issued stronger-than-expected guidance for the current quarter, sending shares more than 7% higher. The restaurant operator posted adjusted earnings per share of $0.67, surpassing analyst forecasts of $0.57 by $0.10. Revenue totaled $1.04 billion, broadly in line with consensus estimates and…