Shares of Textron inc. (TXT) are falling over 12 percent on Thursday after the company's first-quarter earnings missed the analysts' estimates. The company also announced lay-offs.
For the quarter, profit stood at $201 million, or $1.03 per share compared to $191 million, or $0.92 per share, in last...
T-Mobile (TMUS) and investment firm EQT announced Thursday they have entered into a joint venture (JV) with EQT's Infrastructure VI fund (EQT) that will acquire fiber-to-the-home platform Lumos from EQT's predecessor fund EQT Infrastructure III.
The JV will bring T-Mobile's retail, marketing, brand...
Stellantis N.V. (STLA), Thursday introduced the latest Ram off-road truck lineup with light- and heavy-duty offerings, and customized performance.
The auto-maker said that the starting prices of the newly launched models are 2025 Ram 1500 RHO at $69,995, 2025 Ram 1500 Rebel at $64,195, 2025 Ram 1500...
OSI Systems, Inc. (OSIS) reported on Thursday that net income for the third quarter grew to $34.04 million or $1.95 per share from $21.81 million or $1.27 per share in the prior-year quarter.
Excluding items, adjusted earnings were $2.16 per share, compared to $1.49per share in the year-ago quarter....
Cullen/Frost Bankers, Inc. (CFR) reported first quarter net income available to common shareholders of $134.0 million, compared to $175.98 million, prior year. Excluding item, net income available to common shareholders would have been approximately $140.1 million, a 20.4 percent decrease compared to...
United Bankshares, Inc. (UBSI) reported first quarter net income of $86.8 million compared to $98.3 million, last year. Net income per share was $0.64 compared to $0.73. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.65, for the quarter. Analysts'...
Lagardere SA (LGDDF.PK), a French travel and publishing firm, on Thursday reported that its first-quarter revenue totaled 1.88 billion euros, up 12.4 percent from last year's 1.68 billion euros. Sales grew 8.9 percent on a like for like basis.
The company recorded solid performance of its divisions...
California Water Service Group (CWT) reported Thursday net income attributable to the company for the first quarter of $69.92 million or $1.21 per share, compared to a net loss of $22.21 million or $0.40 per share in the prior-year quarter.
On average, four analysts polled by Thomson Reuters expected...
EMCOR Group, Inc. (EME) reported first quarter net income of $197.1 million, or $4.17 per share, compared to $111.5 million, or $2.32 per share, a year ago. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $2.83, for the quarter. Analysts' estimates...
Old Republic International Corporation (ORI) Thursday reported net income of $316.7 million or $1.15 per share for the first quarter, significantly higher than $199.8 million or $0.68 per share in the same quarter a year ago, primarily due to investment gains of $132 million in the latest quarter.
Net...
Nasdaq Inc. (NDAQ) reported Thursday that net income attributable to Nasdaq for the first quarter declined to $234 million or $0.40 per share, compared to $302 million or $0.61 per share in the prior-year quarter.
Excluding items, adjusted net income for the quarter was $367 million or $0.63 per share,...
Altria Group, Inc. (MO) Thursday announced 19.1 percent increase in first quarter earnings, while revenues were down 2.5 percent from the prior year. Further, the company reaffirmed its full year adjusted earnings guidance.
The quarterly earnings were $2.129 billion, compared to $1.787 billion in...
American Airlines Group Inc. (AAL) Thursday issued second-quarter earnings view, after reporting wider-than-expected loss in its first quarter, despite higher revenues. Further, the company maintained its fiscal 2024 earnings forecast.
In pre-market activity on the Nasdaq, American Airlines shares...
Pool Corp. (POOL) on Thursday reported that net income for the first quarter declined to $78.89 million or $2.04 per share from $101.70 million or $2.58 per share in the prior-year quarter.
Excluding the impact from ASU 2016-09 in both periods, adjusted earnings for the quarter were $1.85 per share,...
Sonic Automotive, Inc. (SAH) Thursday reported a 12 percent decline in first quarter profit, as total revenues were down 3 percent.
The U.S. automotive retailer's quarterly profit was $42, down from $47.7 million in the prior year. On a per share basis, earnings declined 7 percent to $1.20 from $1.29...