Why Energy Company HF Sinclair Shares Are Surging Wednesday
Jacobs Solutions Hits Some Bumps Despite Q2 Beat, Narrows Outlook
Proto Labs Scores First-Quarter Beat, Fueled By Order Growth, Higher-Margin Factory Business
Steve Jobs Wasn't A Fan, But Apple's Record Stock Buyback Is So Massive It Dwarfs Valuations Of Boeing, Starbucks, eBay And 415 Other S&P 500 Companies
Buybacks Recent News
Elon Musk Wowed By Apple's Biggest Stock Buyback — Will Tesla Follow Suit Or Remain Stuck In 'Category 5' Storm?
In 2022, Tesla faced pressure from investors to initiate buybacks to lift its stock price.
Why Aerospace Company Howmet's Shares Are Surging Thursday
Howmet Aerospace reported strong Q1 FY24 results, with revenue up 14% and adjusted EPS beating expectations. Outlook has been raised, but 737 MAX production remains a concern.
Shell Q1: Earnings Power Shines Despite Revenue Headwinds
Shell's first-quarter FY24 results show a decline in net income but an increase in adjusted earnings and dividend. Share buyback program announced.
Why Specialty Chemical Company Axalta Coating Shares Are Seeing Blue Skies Today
Axalta Coating Systems reported strong Q1 results and raised guidance. Revenue grew in all segments, with solid earnings expected.
What's Going On With Diamondback Energy Shares Premarket Wednesday?
Diamondback Energy reports Q1 FY24 revenue of $2.227B, beating consensus of $2.088B. Oil production at high end of guidance, adjusted EBITDA of $1.6B and EPS of $4.50. Maintains FY24 production and capex outlook.
Mixed Signals For Illinois Tool Works: Q1 Profit Soars, Revenue Stumbles
ITW's Q1 FY24 revenue misses consensus at $3.97B. EPS beats at $2.44. Operating income up 16%, margin at 28.4%. FY24 EPS guidance raised.
What's Going On With Marathon Petroleum Shares Today?
Marathon Petroleum shares down after reporting Q1 FY24 results. Revenue at $33.211B, adjusted EPS at $2.78, operating costs increase.
Earnings Beat, Cash Flow Heat: Mixed Quarter For TotalEnergies
TotalEnergies reported $2.14 adjusted EPS, 2% decrease in hydrocarbon production, 4% decline in E&P and 6% increase in Integrated LNG, and $11.5 billion adjusted EBITDA. The company expects higher utilization rate and LNG selling price in Q2.
Why Oil & Gas Major Equinor Shares Are Higher Premarket Thursday
Equinor ASA reported $24.79B in revenue, up 2% Y/Y, and $0.96 in adjusted EPS, beating consensus of $0.80. Share buyback and dividend announced.
Why Old Dominion Freight Line Shares Are Slumping Today
ODFL shares down after reporting Q1 FY24 revenue miss. Revenue up 1.2%, operating income up 0.9%, EPS in line with consensus.
Amphenol Stock Gains After Q1 Print, What's Going On?
Amphenol Corp. (NYSE: APH) reported 9% sales growth to $3.256B and $0.80 EPS, beating consensus. Board approved $2B stock repurchase plan.
Why Data Infrastructure Company Vertiv's Shares Are Rocketing Today
Vertiv Holdings reports strong 1Q results, raises 2024 guidance, and repurchases $600M in shares.
AT&T's Q1 Operating Cash Flow and Free Cash Flow Got A Boost - Does It Make A Case For Higher Dividends?
AT&T reported Q1 operating revenues of $30.03B, down 0.4%, missing consensus of $30.54B. Adjusted EPS of $0.55 beat consensus of $0.54. Mobility segment saw 741K wireless net adds. AT&T reiterated FY24 outlook of Wireless service revenue growth of 3%, Broadband revenue growth of 7%+, and adjusted EPS of $2.15-$2.25.
