Equities Archives - Page 163 of 1061

1 minute read

PG&E Posts Mixed Bag Of Q1 Earnings, Plows Billions Into Safety

April 25, 1:16 PM

PG&E Corporation reported $5.86B Q1 revenue, missing consensus. Electric rev. grew to $4.05B, gas declined to $1.81B. Adjusted EPS $0.37, higher than $0.35 consensus. FY24 guidance $1.33-$1.37 vs. $1.35 consensus.

NLR

1 minute read

Mullen Automotive Stock Falls Over 15% – What’s Going On?

By Nabaparna Bhattacharya

April 25, 1:02 PM

Mullen Automotive gains CARB certification for its 2025 electric truck, despite recent battery line integration progress.

MULN

2 minute read

Why Carrier Global Shares Are Surging Today

By Lekha Gupta

April 25, 12:57 PM

Carrier Global shares are trading higher on Q1 FY24 results, with net sales and adjusted EPS beating consensus. Company also revises sales outlook and expects to resume share repurchases in 2024.

CARR

2 minute read

What’s Going On With Toyota Shares After Revealing $1.4B Investment At Princeton Facility For Making Electric SUVs?

By Nabaparna Bhattacharya

April 25, 12:44 PM

Toyota (TM) shares decline despite unveiling a $1.4B investment in its Princeton facility for producing electric SUVs, part of its U.S. reinvestment strategy.

DIVD

2 minute read

Why Gold Miner Newmont Shares Are Surging Today

By Lekha Gupta

April 25, 12:38 PM

Newmont reports strong Q1 results, with revenue of $4.023 billion and adjusted EPS of $0.55. Production and costs largely in line.

GDX

2 minute read

Northrop Grumman Reaffirms 2024 Guidance Post Double-Digit Earnings Growth In Q1: Details

By Akanksha Bakshi

April 25, 12:22 PM

Northrop Grumman Corp reported 9% sales growth in Q1 fiscal 2024, beating consensus. Q1 EPS was $6.32, also exceeding expectations. Backlog is $78.9B.

NOC

1 minute read

Asbury Automotive Is Trading Lower On Heels Of Q1 Earnings Report

By Nabaparna Bhattacharya

April 25, 12:01 PM

Asbury reported that new vehicle revenue increased by 17%, while new vehicle gross profit decreased by 9%.

ABG

1 minute read

Sonic Automotive Jumps Over 10% After Earnings: ‘Well-Positioned To Adapt To Evolving Market Conditions’

By Nabaparna Bhattacharya

April 25, 11:57 AM

Sonic Automotive (SAH) stock surges over 9% post-earnings, beating EPS estimates, despite a slight revenue decline, CFO optimistic about future success.

SAH

2 minute read

What’s Going On With Chemical Giant Dow Shares Today?

By Lekha Gupta

April 25, 11:55 AM

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.

DJD

1 minute read

Plug Power Down 4% Thursday – What’s Going On?

By Nabaparna Bhattacharya

April 25, 11:40 AM

Plug Power shares dip 4% as the company announces new contracts for electrolyzer projects in Europe and the U.S., despite robust BEDP portfolio growth.

PLUG