Why Gold Miner Newmont Shares Are Surging Today
Newmont reports strong Q1 results, with revenue of $4.023 billion and adjusted EPS of $0.55. Production and costs largely in line.
What’s Going On With Chemical Giant Dow Shares Today?
DOW's Q1 FY24 results beat expectations with sales up 1% and EPS at $0.56. Company remains confident in long-term potential and shareholder value.
Why Is American Airlines Stock Seeking Blue Skies Today?
American Airlines reported Q1 financial results with a midpoint above estimates. Revenue increased but adjusted EPS missed consensus. Company reduced debt and expects 2024 adjusted EPS of $1.15-$1.45 and reiterated FY24 outlook of $2.25-$3.25.
Why Oil & Gas Major Equinor Shares Are Higher Premarket Thursday
Equinor ASA reported $24.79B in revenue, up 2% Y/Y, and $0.96 in adjusted EPS, beating consensus of $0.80. Share buyback and dividend announced.
Heineken’s Cheers: A Round of 7.2% Revenue Growth in Q1
Heineken NV reported 7.2% revenue growth in Q1 FY24, driven by 4.3% volume growth and 4.9% increase in net revenue per hectolitre. Beer volume increased 4.7% organically across all regions, beating market expectations. Company expects low- to high-single-digit operating profit growth in FY24.
Why Is Norfolk Southern Stock Taking A Hit Today?
Norfolk Southern shares drop after disappointing Q1 results, with revenue down 4% and expenses up 15%. Quarterly dividend declared.
Why Old Dominion Freight Line Shares Are Slumping Today
ODFL shares down after reporting Q1 FY24 revenue miss. Revenue up 1.2%, operating income up 0.9%, EPS in line with consensus.
Why Industrial Conglomerate Fortive’s Shares Are Sliding Today
Fortive reported lower Q1 FY24 results, missing revenue estimates. Adjusted EPS beat expectations. Dividend declared. Fortive revised its FY24 outlook.
Why Aerospace And Defense Giant General Dynamics Shares Are Diving Today
General Dynamics reported Q1 results, with revenue up 8.6% Y/Y and backlog at $93.7B (+4.4% Y/Y).
Why Data Infrastructure Company Vertiv’s Shares Are Rocketing Today
Vertiv Holdings reports strong 1Q results, raises 2024 guidance, and repurchases $600M in shares.