Why Residential REIT Equity Residential Shares Are Up Today
Equity Residential shares surge after Q4 results. Same-store revenue up 3.9%, FFO per share up 6.4%. Outlook for growth in FY24.
Why Is Automation Company Teradyne Stock Trading Lower Premarket Wednesday?
Teradyne sharse are declining as Q4 FY23 revenue of $671 million, missed consensus. The company reported robotics revenue of $129 million, but profit declined.
What’s Going On With Oilfield Services Giant Schlumberger Stock Today?
Schlumberger (SLB) shares up after reaffirming FY24 guidance despite Saudi Aramco's oil capacity decision. It expects growth and margin expansion in FY24.
Why Electrical Solutions Provider Hubbell Shares Are Up Today
Hubbell Inc (NYSE: HUBB) surges as Q4 FY23 results exceed expectations, reporting $1.35 billion in net sales, with adjusted EPS of $3.69 surpassing consensus. Strategic moves include a $1.1 billion acquisition and a $131 million sale. The upbeat FY24 outlook anticipates adjusted EPS of $16.00-$16.50 and 8%-10% sales growth.
Why Is Drilling Rig Operator Helmerich & Payne Stock Seeing Blue Skies Today?
Helmerich & Payne (HP) impresses with Q1 FY24 results, reporting revenue of $677.1M, surpassing estimates, and boosting stock value by 14.42%. The company's global footprint expands as it secures contracts for nine rigs in the Middle East, anticipating a significant rise in the international active rig count.
What’s Going On With Geyser Maker A.O.Smith Shares Today?
AOS reported 6% Y/Y revenue growth in Q4, beating consensus. North American sales up 7%, rest of world up 4%. Adjusted EPS of $0.97 also beat consensus.
Flying Into Rough Air: JetBlue Airways’ Mixed Bag Of Q4 & Cautious Outlook
JetBlue (JBLU) stock falls after reporting Q4 FY23 results with decreased revenue and increased expenses. 2024 topline expected to be flat.
Marathon Petroleum Powers Ahead With Q4 Beat Despite Revenue, Profit Plunge: Details
MPC's robust Q4 FY23 performance reveals resilience, with revenue and other income reaching $36.82 billion, exceeding the $35.25 billion consensus. While income from operations dipped to $3.73 billion, adjusted EPS surged to $3.98, outpacing the expected $2.20. The company's strong financial position is evident with $10.2 billion in available funds.
Why Is Broadband Service Provider Calix Stock Tumbling Premarket Tuesday?
Calix Inc (NYSE: CALX) shares down after reporting Q4 2023 results with adjusted EPS of $0.43 and revenue of $264.7M. Company authorizes $100M for stock buyback.
Why Is Technology Company F5 Stock Rocketing Premarket Tuesday?
F5 Inc (NASDAQ: FFIV) reported Q1 FY24 results with revenue of $693 million, beating expectations. Global services up 7%, product down 10%. Adjusted EPS of $3.43, outlook raised for 6%-8% growth in FY24.