NRG Energy, Inc. (NRG) reported a solid third-quarter performance, exceeding expectations on adjusted EBITDA and raising its full-year guidance. The company also increased its share buyback program and reiterated its commitment to returning capital to shareholders. NRG shares rose in after-hours trading.
Applovin Corp (APP) stock skyrocketed Thursday after the mobile software company reported strong third-quarter earnings, exceeding analysts’ expectations. The company also announced a significant increase to its share repurchase program, adding $2 billion to its buyback authorization.
Shell plc (SHEL) shares are trading higher after the company reported strong third-quarter results, exceeding revenue expectations and announcing a share buyback program. The company also raised its upstream production outlook and revised its integrated gas guidance, signaling positive future prospects.
United Airlines (UAL) reported strong third-quarter financial results, exceeding revenue and earnings expectations. The airline also announced a $1.5 billion buyback program, signaling confidence in its future performance. Analyst sentiment is positive, with multiple firms raising price targets following the earnings announcement.
Alphabet Inc. saw a 10% stock surge on Friday morning after announcing impressive first-quarter results that surpassed analysts’ expectations. The company reported $80.54 billion in revenue, exceeding estimates and marking the fastest growth rate since early 2022. Earnings per share reached $1.89, also surpassing Wall Street’s expectations. To reward shareholders, Alphabet announced its first-ever dividend of 20 cents per share and authorized a $70 billion stock buyback program.
