ADVFN US – Market Content Editor
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Under Armour shares tick up as Q3 earnings and full-year outlook beat estimates
Shares of Under Armour Inc. A (NYSE:UAA) moved higher in premarket trading on Friday after the sportswear group reported third-quarter results that came in ahead of expectations and issued stronger-than-forecast profit guidance for the full year. By 07:10 ET, the stock was up around 1%. Under Armour posted earnings per share of $0.09 for the…
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Philip Morris shares dip after Q4 results come in line with forecasts
Shares of Philip Morris International Inc. (NYSE:PM) slipped 2.8% after the tobacco group reported fourth-quarter results that broadly matched market expectations, leaving investors focused on valuation rather than upside surprises. For the quarter, Philip Morris posted adjusted earnings per share of $1.70, exactly in line with analyst forecasts, while revenue totaled $10.4 billion, marginally above…
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AutoNation tops Q4 profit forecasts even as revenue slips
AutoNation, Inc. (NYSE:AN) reported fourth-quarter adjusted earnings that came in ahead of Wall Street expectations on Friday, showing resilience from its diversified operations despite a year-on-year decline in revenue. Shares were little changed in premarket trading following the release, edging down around 0.01%. The U.S. auto retailer posted adjusted earnings of $5.08 per share for…
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Shell appoints PwC as auditor from 2027 following EY review issues
Shell (NYSE:SHEL) said on Friday it has chosen PricewaterhouseCoopers (PwC) as its new external auditor after completing a competitive tender process, with the firm set to replace EY beginning in 2027. The decision follows an investigation launched in December by the UK’s Financial Reporting Council into EY’s audit of Shell’s 2024 financial statements. The probe…
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Gorman-Rupp stock slips even as Q4 earnings top forecasts
Gorman-Rupp Company (NYSE:GRC) reported fourth-quarter results that delivered a profit beat but fell short on revenue, a mixed outcome that weighed on investor sentiment and pushed the shares lower. The pump manufacturer’s stock declined about 3% in premarket trading on Friday. Gorman-Rupp posted adjusted earnings of $0.55 per share for the quarter, comfortably ahead of…
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RXO shares slide after tighter freight market pressures brokerage margins
RXO Inc (NYSE:RXO) posted weaker-than-expected fourth-quarter results on Friday, as a tightening full-truckload market weighed heavily on brokerage margins, triggering a sharp sell-off in the stock. Shares of RXO Inc dropped nearly 11% in premarket trading after the logistics group reported an adjusted loss of $0.07 per share for the quarter, compared with analyst expectations…
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Tesla launches AI training hub in China to support local driving technology
Tesla (NASDAQ:TSLA) has opened a new artificial intelligence training center in China aimed at developing locally adapted AI applications and improving assisted driving features, according to a report from Chinese media outlet Cailianshe. The report, published on Friday, cited Tesla Vice President Tao Lin as confirming that the AI training facility is now up and…
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Graham stock climbs after Q3 profit jumps on defense-led growth
Graham Corporation (NYSE:GHM) delivered a standout set of fiscal third-quarter 2026 results, comfortably beating market expectations as strength across its defense, energy and space businesses lifted earnings and revenue. Shares of Graham Corporation rose 1.69% in premarket trading on Friday following the announcement. The maker of mission-critical fluid and power systems reported adjusted earnings of…
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MarketAxess tops Q4 profit forecasts but revenue comes in just short
MarketAxess Holdings Inc. (NASDAQ:MKTX) reported fourth-quarter adjusted earnings that edged past Wall Street expectations, while revenue narrowly missed forecasts, prompting a muted market reaction. Shares of the electronic fixed-income trading platform slipped about 0.02% in after-hours trading following the release. The company posted adjusted earnings of $1.68 per share for the quarter, slightly ahead of…
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Centene shares slip after Q4 loss tempers strong revenue growth
Centene Corporation (NYSE:CNC) reported a fourth-quarter adjusted loss even as revenue topped expectations, with investor attention drawn to a difficult period in the company’s Commercial business. The stock fell nearly 3% in premarket trading following the release. The healthcare group posted an adjusted loss of $1.19 per share for the quarter, slightly narrower than the…