ADVFN US – Market Content Editor

Alkermes plc (NASDAQ:ALKS) reported stronger-than-expected second-quarter results on Tuesday, driven by solid performance across its proprietary product lineup. Shares rose 5.16% in pre-market trading after the announcement. The biopharmaceutical firm posted adjusted earnings of $0.52 per share, well above the $0.36 consensus estimate. Revenue totaled $390.7 million, beating expectations of $347.16 million despite a 2.1%…

Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) saw its stock soar 12% after the U.S. Food and Drug Administration (FDA) granted approval for EMPAVELI® (pegcetacoplan), the first approved therapy for C3 glomerulopathy (C3G) and primary immune complex membranoproliferative glomerulonephritis (IC-MPGN) in patients aged 12 and older. This approval represents a major advance for individuals affected by these rare…

Corning Incorporated (NYSE:GLW) saw its shares rise 2.45% in pre-market trading Tuesday after reporting better-than-expected second-quarter results fueled by high demand for products linked to artificial intelligence. The materials science firm posted core earnings per share of $0.60 for the quarter, surpassing the analyst forecast of $0.57. Revenue reached $4.05 billion, beating estimates of $3.86…

Shares of Bakkt Holdings Inc. (NYSE:BKKT) plummeted 39% after the digital asset firm announced pricing for a public stock offering that significantly undercut its previous market value. The offering, priced at $10 per share, is well below Monday’s closing price of $17.17. Bakkt is issuing 6,753,627 shares of Class A common stock along with pre-funded…

Johnson Controls International plc (NYSE:JCI) posted adjusted earnings for its fiscal third quarter that narrowly surpassed analyst expectations, though shares slipped 2.26% in pre-market trading on Tuesday as investors weighed regional inconsistencies in performance. The smart building technology firm reported adjusted earnings per share of $1.05, topping the consensus estimate of $1.01. Revenue came in…

PJT Partners Inc. (NYSE:PJT) delivered strong second-quarter results on Tuesday, surpassing analyst expectations and setting a new revenue record, fueled by robust growth in its strategic advisory business. The firm reported adjusted earnings of $1.54 per share for the quarter, beating the consensus estimate of $1.36. Revenue climbed to $406.9 million, outpacing forecasts of $379.17…

Herc Holdings Inc. (NYSE:HRI) posted stronger-than-expected revenue in the second quarter of 2025, supported by its recent acquisition of H&E Equipment Services. However, the company’s earnings lagged behind analyst projections, and shares moved up slightly—rising 0.55% in after-hours trading following the results. Total revenue for the quarter reached $1 billion, significantly exceeding the consensus estimate…

Royal Caribbean Group (NYSE:RCL) saw its shares fall more than 4% on Tuesday after releasing second-quarter results that topped profit forecasts but came in just short on revenue, tempering investor enthusiasm despite strong operational momentum. The cruise company reported adjusted earnings per share of $4.38, outpacing the $4.08 average analyst estimate. However, quarterly revenue came…

Eagle Materials Inc. (NYSE:EXP) delivered stronger-than-expected financial results for the first quarter of fiscal 2026, reporting record revenue of $634.7 million. The figure beat analyst projections of $610.96 million and represented a 4% year-over-year increase. Adjusted earnings per share came in at $3.76, just above the consensus estimate of $3.73, though slightly below last year’s…

Cadence Design Systems (NASDAQ:CDNS) saw its shares climb 6% in premarket U.S. trading on Tuesday after the chip design firm raised its full-year guidance and reported stronger-than-expected second-quarter earnings. For the quarter ending June 30, Cadence reported earnings per share of $1.65 on revenue of $1.28 billion. That beat analyst expectations, which had forecast EPS…