ADVFN US – Market Content Editor

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…

United Therapeutics Corporation (NASDAQ:UTHR) released its second-quarter financial results on Wednesday, revealing earnings that missed Wall Street expectations, even as the company delivered record revenue for the period. The biotech firm reported adjusted earnings of $6.41 per share, falling $0.94 below the analyst forecast of $7.35. Revenue reached $798.6 million, just shy of the anticipated…

Smurfit Westrock plc (NYSE:SW) reported a net loss for the second quarter on Wednesday, falling short of analyst earnings forecasts despite slightly outperforming on revenue. Following the announcement, shares declined 1.89% in premarket U.S. trading. The global paper-based packaging firm posted a net loss of $26 million for the quarter, translating to a loss of…