Newsfeeds Archive - Page 26 of 246

2 minute read

Why Aerospace Company Howmet’s Shares Are Surging Thursday

May 2, 12:34 PM

Howmet Aerospace reported strong Q1 FY24 results, with revenue up 14% and adjusted EPS beating expectations. Outlook has been raised, but 737 MAX production remains a concern.

HWM

2 minute read

ConocoPhillips Falls Short: Q1 Revenue & Earnings Miss Estimates

By Lekha Gupta

May 2, 12:22 PM

ConocoPhillips reported lower Q1 FY24 results, missed revenue and EPS consensus, production increased, dividend declared, and positive outlook.

COP

2 minute read

Why Defense Company Huntington Ingalls Shares Are Diving Today

By Lekha Gupta

May 2, 12:01 PM

Huntington Ingalls Industries reports lower first-quarter FY24 results with increased sales and service revenue, beating consensus.

HII

2 minute read

Why Stanley Black & Decker Shares Are Diving Today

By Lekha Gupta

May 2, 10:45 AM

Stanley Black & Decker reported lower sales and higher margins in Q1 FY24, generating cost savings and reaffirming its 2024 outlook.

FDV

2 minute read

Why Animal Health-Focused Zoetis Shares Are Trading Higher Today

By Lekha Gupta

May 2, 10:08 AM

Zoetis Inc (NYSE: ZTS) beats revenue expectations with 10% Y/Y increase. U.S. segment up 16%, international up 3%. FY24 guidance revised higher. ZTS shares up 4.66%.

MOO

2 minute read

Shell Q1: Earnings Power Shines Despite Revenue Headwinds

By Lekha Gupta

May 2, 9:43 AM

Shell's first-quarter FY24 results show a decline in net income but an increase in adjusted earnings and dividend. Share buyback program announced.

HAP

1 minute read

Analyst Doubts Macerich’s New CEO Strategy, Can They Turn Things Around?

By Lekha Gupta

May 1, 4:15 PM

Macerich Co (NYSE: MAC) downgraded & reduced price target by Piper Sandler. Reported Q1 sales of $208.783M & FFO of $0.33. New CEO appointed & withdrew FY24 guidance. Analyst skeptical of turnaround strategy, lowers FFO estimates for FY24 & FY25.

MAC