ADVFN US – Market Content Editor
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L3Harris Shares Rise as Strong Q2 Performance Prompts Upgraded 2025 Outlook
Shares of L3Harris Technologies (NYSE:LHX) gained 2% in premarket trading Thursday after the defense technology company delivered a solid second-quarter performance and raised its full-year guidance. The company posted earnings per share of $2.78 for Q2, comfortably ahead of analyst expectations of $2.48. Revenue reached $5.4 billion, narrowly surpassing the projected $5.32 billion. L3Harris also…
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Tractor Supply Shares Rise Nearly 5% After Beating Q2 Estimates, Reaffirms 2025 Outlook
Tractor Supply Company (NASDAQ:TSCO) saw its stock climb 4.83% in premarket trading Thursday after the rural lifestyle retailer reported second-quarter results that exceeded Wall Street expectations and reiterated its full-year guidance, even as macroeconomic headwinds persist. The company posted earnings per share of $0.81 for the second quarter, edging past analysts’ forecasts of $0.80. Revenue…
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TransUnion Tops Q2 Forecasts as Financial Services Segment Drives Momentum; Shares Gain
Shares of TransUnion (NYSE:TRU) climbed 4% after the credit reporting giant posted better-than-expected second-quarter results, fueled by a strong showing in its U.S. Financial Services division and an upgraded full-year outlook. The company reported adjusted earnings of $1.08 per share, beating the average analyst estimate of $0.99. Revenue came in at $1.14 billion, topping expectations…
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Brunswick Outperforms in Q2, But Shares Slip on Cautious Q3 Outlook
Brunswick Corporation (NYSE:BC) reported second-quarter results that topped Wall Street expectations, yet its shares dipped 1.8% after the company’s third-quarter outlook fell short of analyst projections. The marine industry giant posted adjusted earnings per share of $1.16, well ahead of the $0.94 consensus. Revenue reached $1.45 billion, beating forecasts of $1.24 billion and inching up…
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Allegion Tops Q2 Forecasts Thanks to Robust Non-Residential Sales
Allegion plc (NYSE:ALLE) delivered stronger-than-expected second-quarter earnings on Thursday, fueled by steady demand in the non-residential sector. Following the results, the company’s stock edged up 1.13% in pre-market trading. The global provider of security products reported adjusted earnings of $2.04 per share, topping the consensus estimate of $1.99. Revenue came in at $1.02 billion, slightly…
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Group 1 Automotive Posts Record-Breaking Q2 Results, Surpassing Forecasts
Group 1 Automotive (NYSE:GPI) delivered standout second-quarter results on Wednesday, with adjusted earnings per share hitting $11.52—well ahead of Wall Street’s expectations of $10.47. The auto retailer also reported $5.7 billion in revenue, topping the $5.62 billion analysts had anticipated. The quarter marked a new high for both revenue and gross profit. Total revenue climbed…
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IBM Shares Fall Over 5% as Software Segment Struggles Despite AI Mainframe Gains
Shares of IBM (NYSE:IBM) dropped more than 5% in premarket trading on Thursday after weaker software sales overshadowed the company’s stronger-than-expected earnings and revenue fueled by ongoing demand for AI technologies. The company reported earnings per share of $2.80, beating analyst forecasts of $2.65, supported by a 320-basis point improvement in operating margin. Revenue reached…
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American Eagle Shares Surge Following Sydney Sweeney Campaign Launch
American Eagle (NYSE:AEO) saw its shares soar 14.6% in premarket trading on Thursday, building on gains from Wednesday after the clothing brand unveiled a new campaign starring actress Sydney Sweeney. The stock initially climbed 6.2% during Wednesday’s regular session when the campaign news broke. The upward momentum accelerated in after-hours trading and carried into Thursday…
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Chipotle Shares Drop Over 10% After Lowering Annual Sales Forecast
Shares of Chipotle Mexican Grill (NYSE:CMG) fell more than 10% on Thursday following the company’s decision to cut its full-year sales outlook amid growing concerns over economic uncertainty that could dampen consumer spending. The introduction of broad U.S. tariffs has raised worries about faster inflation and slower economic growth, prompting some customers to rethink spending…
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T-Mobile shares surge as earnings beat expectations, driven by record postpaid and 5G customer growth
T-Mobile US Inc (NASDAQ:TMUS) reported a standout second quarter, surpassing Wall Street’s forecasts for both earnings and revenue while raising its outlook for the full year. This strong performance pushed the stock up over 5% in premarket trading Thursday. The Bellevue-based telecom giant posted adjusted earnings per share of $2.84, outpacing the consensus estimate of…