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Eli Lilly Q2 Results Top Estimates; Boosts FY24 Outlook
Drugmaker Eli Lilly reported Thursday a net profit for the second quarter that surged 68 percent from last year, reflecting strong Mounjaro, Zepbound and Verzenio sales as well as higher realized prices. Both adjusted earnings per share and revenues topped analysts' expectations. The company also raised its guidance for the full-year 2024.
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Před 79 dny
U.S. Weekly Jobless Claims Pull Back Off Nearly One-Year High
First-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended August 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 233,000, a decrease of 17,000 from the previous week's revised level of to 250,000. Economists had expected jobless claims to edge down to 240,000.
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Před 79 dny
Tennant Boosts FY24 Outlook - Update
While reporting financial results for the second quarter on Thursday, Tennant Co. (TNC) raised its earnings, adjusted earnings, net sales and organic net sales growth for the full-year 2024, given the strong first-half results and expectations for the remainder of the year.
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Před 79 dny
Medical Properties Trust Q2 Net Loss Sharply Widens, Revenues Down
Medical Properties Trust, Inc. (MPW) reported Thursday that second-quarter Funds from operations or FFO was loss of $89.55 million or $0.15 per share, compared to last year's profit of $339.57 million or $0.57 per share.
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Před 79 dny
Avnet Q4 Results Top Estimates. But Guides Q1 Adj. EPS Below Estimates
Avnet, Inc. (AVT) reported Thursday that net income for the fourth quarter decreased to $82.67 million or $0.91 per share from $155.26 million or $1.68 per share in the prior-year quarter.
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Před 79 dny
U.S. Weekly Jobless Claims Pull Back To 233,000
First-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended August 3rd, according to a report released by the Labor Department on Thursday.
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Před 79 dny
India Central Bank Maintains Status Quo
Despite the global market volatility, the Reserve Bank of India maintained its interest rates as well as its policy stance and emphasized on bringing food inflation under control. The Monetary Policy Committee, led by Governor Shaktikanta Das, voted 4-2 to keep the policy repo rate at 6.50 percent. The decision came in line with expectations. MPC members Ashima Goyal and Jayanth Varma once aga
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Před 79 dny
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Advanced Drainage Q1 Results Miss Estimates; Reaffirms FY24 Outlook; Boosts Dividend 14% - Update
Water management solutions firm Advanced Drainage Systems Inc. (WMS) reported Thursday that net income available to common stockholders for the first quarter decreased to $161.40 million or $2.06 per share from $173.65 million or $2.18 per share in the prior-year quarter.
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Před 79 dny
Bay Street Likely To Open With Slightly Positive Bias
Canadian shares may open with a positive bias Thursday morning, tracking higher gold prices and reacting to some encouraging earnings reports. The focus will be on U.S. weekly jobless claims data for more clarity about the extent of the U.S. economic downturn and the rate trajectory.
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Před 79 dny
Datadog Boosts FY24 Outlook - Update
While reporting financial results for the second quarter on Thursday, Datadog, Inc. (DDOG) raised its adjusted earnings and revenue guidance for the full-year 2024. The company also provided outlook for the third quarter.
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Před 79 dny
Australian Dollar Rises After RBA Bullock Signals Willingness To Hike Rates
The Australian dollar strengthened against other major currencies in the late Asian session on Thursday, after the Reserve Bank of Australia Governor Michele Bullock said the policy board will not hesitate to lift interest rates if needed to contain persistently high inflation.
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Před 79 dny
Under Armour Narrows FY25 Adj. EPS Outlook Range - Update
While reporting financial results for the first quarter on Thursday, Under Armour, Inc. (UA) narrowed its adjusted earnings guidance range for the full-year 2025, while maintaining revenue growth outlook.
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Před 79 dny
Indian Rupee Little Changed After RBI Keeps Key Rates Unchanged
The Indian rupee changed little against the U.S. dollar in the late Asian session on Thursday, after India's central bank maintained its interest rates for the ninth consecutive session.
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Před 79 dny
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