ADVFN US – Market Content Editor

Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) saw its shares rise 3.08% in pre-market trading on Wednesday following better-than-expected second-quarter earnings, reflecting progress in its ongoing “Pivot to Growth” strategy. The Israeli pharmaceutical company reported adjusted earnings per share of $0.66, exceeding analyst forecasts of $0.63. Revenue reached $4.2 billion, slightly under the consensus estimate of $4.28…

On Wednesday, Penske Automotive Group (NYSE:PAG) announced second-quarter earnings that surpassed analyst predictions, fueled by strong results in its service and parts segment despite flat overall revenue. The global transportation services provider reported earnings of $3.78 per share for the quarter, topping the analyst consensus of $3.59 by $0.19. Revenue held steady at $7.7 billion…

Shares of Larimar Therapeutics (NASDAQ:LRMR) declined 9% on Wednesday after the clinical-stage biotech firm revealed the pricing details of a new underwritten public offering. The company set the price for 18.75 million common shares at $3.20 each, reflecting a discount compared to Wednesday’s closing price of $3.53. The offering is projected to raise $60 million…

Timken Company (NYSE:TKR) announced adjusted earnings for the second quarter that outperformed analyst projections, even as the firm trimmed its full-year outlook due to persistent trade difficulties. Shares of the engineered bearings manufacturer held steady after hours, dipping just 0.02% following the earnings release. The company reported adjusted earnings of $1.42 per share for Q2,…

Etsy (NASDAQ:ETSY) reported second-quarter revenue that exceeded forecasts, driven by gains from more personalized marketing and advancements in artificial intelligence technologies. The company highlighted that strong results in on-site advertising and payment services for both Etsy and its fashion-focused platform, Depop, contributed to the revenue boost, according to a statement. Revenue grew 3.8% year-over-year to…

On Wednesday, American Electric Power (NASDAQ:AEP) reported adjusted earnings for the second quarter of 2025 that far surpassed analyst expectations, fueled by robust customer growth and targeted investments. The utility’s stock gained 1.57% in pre-market trading after the earnings release. AEP delivered adjusted earnings of $1.43 per share, outperforming the analyst consensus of $1.22 by…

Silgan Holdings Inc. (NYSE:SLGN), a top provider of rigid packaging solutions, announced on Wednesday that its adjusted earnings per share for the second quarter rose 15%, fueled by strong gains in its dispensing products segment and ongoing expansion in pet food packaging. The company reported adjusted earnings of $1.01 per share for Q2, slightly under…

Kraft Heinz (NASDAQ:KHC) reported second-quarter results on Wednesday that exceeded both earnings and revenue projections, lifting its shares by 1% in premarket trading. The food giant also reaffirmed its full-year guidance. For the quarter, the company posted earnings per share of $0.69, beating Wall Street’s forecast of $0.64. Revenue came in at $6.35 billion, down…

Evercore Inc. (NYSE:EVR) delivered a strong second-quarter performance, with earnings and revenue far surpassing Wall Street forecasts thanks to a surge in advisory fees. However, shares dipped 2.33% in premarket trading despite the impressive results. The investment bank reported adjusted earnings per share of $2.42, easily beating the $1.74 consensus estimate. Revenue reached a record…

Trane Technologies plc (NYSE:TT) posted better-than-expected second-quarter earnings on Wednesday, but a slight revenue miss caused shares to drop more than 3% in premarket trading. The climate solutions provider reported adjusted earnings per share of $3.88 for Q2 2025, topping Wall Street’s forecast of $3.79. However, revenue came in at $5.75 billion—just under the projected…