Shares of United Parcel Service (NYSE:UPS) traded down more than 6 percent during the session, a decline of over 7 dollars from the prior close, even as the company reported adjusted earnings per share and revenue that both exceeded Wall Street estimates. The stock …
Core sales for the second quarter reached 4.74 billion dollars for Corning (NYSE:GLW), a 17 percent increase from the prior year period, while core earnings per share of 0.78 dollars grew 30 percent and topped the prevailing consensus estimate. Core gross margin expanded 120 …
Reported sales for Ecolab (NYSE:ECL) reached 4.42 billion dollars for the quarter, up 10 percent from the prior year period, while adjusted earnings per share of 2.09 dollars grew 11 percent and topped the 2.08 dollar consensus estimate. Organic sales growth accelerated to 5 …
Second quarter net revenue for PayPal (NASDAQ:PYPL) grew 5 percent year over year to 8.68 billion dollars, or 3 percent on a currency neutral basis, while non-GAAP earnings per share of 1.38 dollars exceeded the 1.28 dollar consensus estimate despite declining 1 percent from …
Second quarter consolidated revenue for UPS (NYSE:UPS) reached 22.8 billion dollars, a 7.6 percent increase from the prior year period, driven by growth across all three of the company's reporting segments. Adjusted operating profit rose to 2.1 billion dollars, a 12 percent increase, while …
Normalized funds from operations for Welltower (NYSE:WELL) reached 1.60 dollars per diluted share for the quarter, a 25 percent increase from the prior year period and ahead of the 1.56 dollar consensus estimate, while net income attributable to common stockholders came in at 0.61 …
Second quarter revenue for Boeing (NYSE:BA) reached 24.6 billion dollars, an 8 percent increase from the prior year period, driven by growth across all three of the company's reporting segments including higher commercial deliveries and increased defense volume. The company delivered 171 commercial aircraft …
Net operating revenues of 13.4 billion dollars for Coca-Cola (NYSE:KO) marked a 7 percent increase from the prior year period, while organic revenue, which excludes currency and acquisition effects, grew 6 percent, landing at the high end of the company's long term growth algorithm. …
Crude oil fell to around $79 per barrel on Tuesday, down 4.38 percent and touching its lowest level in more than a week, as renewed diplomatic efforts over the Strait of Hormuz improved the outlook for Middle East oil supplies. Iran's Foreign Minister Abbas …
Gold prices fell about 1 percent to around $4,030 an ounce on Tuesday as a stronger US dollar and mounting uncertainty ahead of Wednesday's Federal Reserve policy decision weighed on the precious metal. The dollar hovered near a four week high as markets priced …