S&P 500 Down Over 1%; Merck Increases 2024 Outlook
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling by around 250 points on Thursday.…
Asbury Automotive Is Trading Lower On Heels Of Q1 Earnings Report
Asbury reported that new vehicle revenue increased by 17%, while new vehicle gross profit decreased by 9%.
Sonic Automotive Jumps Over 10% After Earnings: ‘Well-Positioned To Adapt To Evolving Market Conditions’
Sonic Automotive (SAH) stock surges over 9% post-earnings, beating EPS estimates, despite a slight revenue decline, CFO optimistic about future success.
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.
Honeywell Aerospace Advances Drive Solid Q1 Results, Exceed Expectations
Honeywell International reported first-quarter fiscal 2024 sales of $9.105 billion.
ASE Technology Falls Short Of Revenue Goals, Delivers Mixed Q1 Results
ASE Technology reported net revenue growth of 1.5% Y/Y and decline of 17.3% Q/Q. Gross margin increased and diluted EPS missed consensus. Stock up 44% in 12 months.
Southwest Airlines’ Record Passenger Numbers Overshadowed By Q1 Earnings Slump And Boeing Setbacks
Southwest Airlines reports Q1 results with revenue increase of 10.9%, missing consensus. Adjusted EPS down, operating loss $377M. Facing challenges with Boeing delivery delays.
Why Tractor Supply Company Shares Are Falling After Q1 Earnings
Tractor Supply Company shares decline despite beating Q1 earnings expectations, as slowing comparable store sales growth and cautious FY24 outlook weigh on investor sentiment.
Lockheed Martin Set For Lift-Off: Is A Golden Cross On The Horizon?
Lockheed Martin's Q1 earnings report showed impressive net sales growth of 13.7%, leading to a potential bullish trend reversal with the Golden Cross signal. Analysts predict a 10%+ upside potential for the stock.
Why Is Equipment Giant Caterpillar Stock Plunging Today?
Caterpillar reported Q1 fiscal 2024 revenue of $15.8B, down 0.4% YoY and missing consensus. Adjusted earnings of $5.60 per share beat consensus. Sales dropped due to reduced equipment sales and adverse currency impacts.