Moderna Inc (MRNA) stock is experiencing a surge in pre-market trading after the company announced better-than-expected third-quarter sales, driven by higher demand for its updated COVID-19 vaccine. The company also revealed positive financial performance and outlined its ambitious plans for the future, including new product approvals and cost reductions.
Hershey Company (HSY) shares tumbled in pre-market trading after the confectionery giant missed third-quarter earnings expectations and slashed its full-year outlook. The company cited high cocoa prices and a challenging consumer environment as factors impacting its performance.
Primo Water Corporation announced impressive third-quarter results, exceeding revenue and volume expectations. Revenue growth was fueled by both volume and pricing, leading to expanded earnings and margins. The company also received final approval for its business combination with BlueTriton, and the transaction is expected to close on November 8th, with the combined entity, Primo Brands, to begin trading on the NYSE as early as November 11th.
Upwork Inc. (UPWK) shares surged in after-hours trading following the release of its third-quarter earnings report, which exceeded analyst expectations. The company reported strong revenue growth, a significant increase in active clients, and robust free cash flow. Upwork’s CEO highlighted the company’s strategic focus on delivering sustainable growth and leveraging AI to enhance its services. The positive earnings results have fueled optimism among investors, sending UPWK shares soaring.
Lyft, Inc. (LYFT) is set to release its third-quarter earnings after the market closes on Wednesday, November 6th. Analyst expectations and recent partnerships, including one with DoorDash, are poised to influence the company’s performance. This article provides a detailed look at what investors can anticipate, key analyst ratings, and the impact of recent collaborations.
American Electric Power (AEP) is set to release its third-quarter earnings on Wednesday, November 6th. Analysts are predicting a strong performance with earnings per share expected to rise compared to the previous year. This article delves into the company’s expected financial results, recent analyst ratings, and key factors to watch for during the earnings call.
Yum! Brands, Inc. (YUM) reported mixed third-quarter results, with Taco Bell delivering strong same-store sales growth in the U.S., KFC showing international strength, and Pizza Hut and Habit Burger & Grill adding new restaurants. However, overall revenue and earnings missed expectations, driven by weaker-than-expected sales in China and the Middle East.
Palantir Technologies (PLTR) is set to release its third-quarter earnings after the market closes on Monday, November 4th. Analysts anticipate strong growth, with revenue projected to reach $701.13 million. The company’s recent partnership with L3Harris Technologies to enhance AI-driven defense capabilities is expected to be a key topic during the earnings call. We delve into analyst sentiment and provide insights on what investors should watch for.
Service Corp International (SCI) surprised investors with better-than-expected third-quarter earnings, exceeding analysts’ projections for adjusted EPS. However, the company also predicted a loss for the fourth quarter, sending its stock price slightly up on Friday.
Intel CEO Pat Gelsinger has received a strong endorsement from industry analyst Patrick Moorhead following the company’s impressive third-quarter earnings. Moorhead, CEO and chief analyst of Moor Insights & Strategy, expressed confidence in Gelsinger’s leadership, citing the positive results and future guidance as evidence of effective management. This support comes at a crucial time for Intel, which faces competition from Nvidia and AMD in the AI chip market.
