U.K.-based, West Africa-focused Tullow Oil Plc (OTCMKTS: TUWOY) kept its annual production guidance untouched after what the company called a robust first-half performance that met its expectations.
NextEra Energy Partners NEP is scheduled to release second-quarter 2022 earnings on Jul 22 before market open. The firm delivered an earnings surprise of 309.5% in the last reported quarter.
Let's see how things have shaped up before the upcoming earnings announcement.
Enterprise Products Partners LP (NYSE: EPD) has witnessed upward earnings estimate revisions for 2022 and 2023 in the past 60 days. So far this year, the stock, carrying a Zacks Rank #2 (Buy), has gained 12.2%, outpacing the 9.2% rise of the composite stocks belonging to the industry.
The investment banking (IB) business, one of the major revenue sources of Bank of America (NYSE: BAC), is not expected to have performed impressively in second-quarter 2022. Thus, the same is not likely to support BAC's results, scheduled to be announced on Jul 18.
Unity Bancorp (NASDAQ: UNTY) came out with quarterly earnings of $0.88 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.
TechnipFMC (NYSE: FTI) was recently awarded a new contract by Neptune Energy to provide technical services for its Norwegian operations. The technical service agreement, which builds on an already existing contract between the two firms, has now been optimized to cater to Neptune's future needs.
Reliance Steel & Aluminum Co. (NYSE: RS) is benefiting from strong demand across key end-use markets, a diversified product base and strategic acquisitions amid headwinds from higher costs.
Infosys (NYSE: INFY) recently announced that it has signed a definitive agreement to acquire the Denmark-based technology and consulting firm in the life sciences industry – BASE Life Science.