Apple’s Glass Supplier Corning Outperforms in Tough Market, Eyes $3B Sales Boost in Three Years
Corning Inc reported Q1 2024 core sales decline of 3% YoY to $3.26B, beating consensus of $3.12B. Core EPS of $0.38 also beat consensus of $0.35.
Why Truck Manufacturer PACCAR Shares Are Declining Today
PACCAR Inc (NASDAQ: PCAR) reported Q1 FY24 results, sales of $8.74B, EPS of $2.27, and investments in new truck models and technology. Stock down 7.93%.
Molson Coors Beverage Shares Take A Hit Despite Q1 Beat – What’s Going On?
Molson Coors Beverage impresses with 10.8% sales growth in Q1 FY24, reaching $2.60 billion, surpassing estimates. Strong performance driven by increased volumes, favorable pricing, and currency effects.
Mixed Signals For Illinois Tool Works: Q1 Profit Soars, Revenue Stumbles
ITW's Q1 FY24 revenue misses consensus at $3.97B. EPS beats at $2.44. Operating income up 16%, margin at 28.4%. FY24 EPS guidance raised.
Archer-Daniels-Midland Beats Q1 Earnings Expectations But Misses Revenue Targets: What’s Next for The Agri-Giant?
Archer-Daniels-Midland beats EPS but falls short on revenue, with a 24% drop in segment profit, impacting stock performance.
Why Food Products Distributor Sysco’s Shares Are Falling Today
Sysco Corp saw a 2.7% year-on-year sales increase to $19.38 billion in Q3 FY24. With U.S. Foodservice sales up 3.4% and International Foodservice sales up 4.5%.
What’s Going On With Marathon Petroleum Shares Today?
Marathon Petroleum shares down after reporting Q1 FY24 results. Revenue at $33.211B, adjusted EPS at $2.78, operating costs increase.
Lear Corporation Stock Slips As Q1 Revenues Miss Estimates, Announces Plant Closures In Europe
Lear Corporation shares are trading lower on Tuesday after reporting first quarter results and future plant closures in Europe.
Harmony Biosciences Expands It CNS-Focused Pipeline With Epilepsy Candidate, Q1 Earnings Beat Street View
Harmony Biosciences expands its late-stage CNS pipeline with the acquisition of Epygenix Therapeutics, bolstering its rare epilepsy offerings. Harmony's Q1 performance shows robust growth, with adjusted EPS surpassing expectations.
American Tower Delivers Robust Q1 Performance, Eyes Long-Term Growth Despite Market Challenges
American Tower Corp reported Q1 2024 revenue of $2.834B, AFFO per share of $2.79, and increased EBITDA and free cash flow. FY24 outlook strong.