Earnings Beats

Costco Wholesale Corporation (NASDAQ:COST) shares were down in early trading on Friday, even after the company reported upbeat results for its fiscal fourth quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Costco...

With the Federal Reserve kickstarting a new rate-cutting cycle, dividend stocks have become even more attractive. On Wednesday, the Fed made a hefty 50 basis points cut, surprising many who had anticipated a more modest 25 basis point reduction. As rates drop, dividend-paying stocks become more...

Tobacco giant Philip Morris International Inc. (NYSE:PM) invested $232 million to expand its Kentucky facility.  Goldman Sachs analyst Bonnie Herzog expects the Marlboro parent company to report strong results for its fiscal third quarter on Oct. 22. Herzog reiterated a Buy rating and raised the...

Shares of Biohaven Ltd. (NYSE: BHVN) were up 13.7% on Sept. 23 after the company announced positive top-line data from the pivotal BHV4157-206-RWE study, which evaluated its pipeline candidate, troriluzole, for the treatment of spinocerebellar ataxia (SCA), a rare and debilitating neurodegenerative...

Rithm Capital Corp. (NYSE: RITM) recently announced its board's approval for third-quarter 2024 dividends for both common and preferred stockholders. The common stock dividend remains steady at 25 cents per share, the same as the previous quarter. It will be paid on Nov. 1, 2024, to...

Better pricing, prudent underwriting, increased exposure and faster economic recovery should help Multiline insurers to grow. The industry has returned 17.7% year to date compared with the Finance sector's growth of 15.3%. The Zacks S&P 500 composite has witnessed an increase of 19.6% in...

Air Products and Chemicals, Inc.'s (NYSE: APD) shares have shot up 21.2% over the past six months. The company has also outperformed its industry's rise of 0.1% over the same time frame. APD has also topped the S&P 500's roughly 9.2% rise over the same period. Let's take a look...

Johnson & Johnson (NYSE: JNJ), via its subsidiary called Red River Talc, for the third time, filed for voluntary bankruptcy to resolve thousands of lawsuits related to its talc products. Red River Talc has filed for Chapter 11 bankruptcy to equitably resolve all of JNJ's present and...

AAR (NYSE: AIR) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.66%....

Gold has surged to a new all-time high, rising 33.5% over the past year to $2,583.64/oz. This is driven by easing inflation and expectations that the Federal Reserve will cut interest rates after recent data signaled a slowing U.S. economy. As inflation nears the Fed's 2% target, gold has...

Cabot Corporation (NYSE: CBT) recently announced that the U.S. Department of Energy's ("DOE") Office of Manufacturing and Energy Supply Chains has selected it for an award negotiation for up to $50 million. This award, which is part of the Bipartisan Infrastructure Law, will help...

Lennar Corporation (NYSE: LEN) reported third-quarter fiscal 2024 results, wherein its earnings and revenues surpassed the Zacks Consensus Estimate. On a year-over-year basis, revenues increased, given the company's emphasis on maintaining a steady production rate to drive sales momentum....

Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) announced that the FDA issued a complete response letter to its new drug application (NDA) seeking approval for its pipeline candidate, tradipitant for the treatment of symptoms in gastroparesis. Shares of the company were down 6.1% on Sept. 19...

Jabil Inc. (NYSE: JBL) is set to release fourth-quarter fiscal 2024 results on Sept. 26, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 2.16%. It pulled off a trailing four-quarter earnings surprise of 3.10%, on average. The leading global...

It has been about a month since the last earnings report for Zoom Video Communications (NASDAQ: ZM). Shares have lost about 1.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Zoom Video due for a breakout...