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FMC Technologies: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

NEWCASTLE UPON TYNE, Britain (AP) — NEWCASTLE UPON TYNE, Britain (AP) — FMC Technologies Inc. (FTI) on Thursday reported a loss of $87.2 million in its second quarter.The Newcastle Upon Tyne, Britain-based company said it had a loss of 20 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 10 cents per share.The results fell short of Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.The provider of equipment and services to energy companies posted revenue of $1.97 billion in the period, topping Street forecasts. Eighteen analysts surveyed by Zacks expected $1.93 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTI at https://www.zacks.com/ap/FTISource

Lennox: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Lennox International Inc. (LII) on Thursday reported second-quarter net income of $217.2 million.The Richardson, Texas-based company said it had profit of $6.10 per share. Earnings, adjusted for non-recurring costs, were $6.15 per share.The results topped Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $5.21 per share.The manufacturer of furnaces, air conditioners and other products posted revenue of $1.41 billion in the period, also exceeding Street forecasts. Fifteen analysts surveyed by Zacks expected $1.37 billion.Lennox expects full-year earnings to be $15.50 to $16 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LII at https://www.zacks.com/ap/LIISource

Southwest: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

DALLAS (AP) — DALLAS (AP) — Southwest Airlines Co. (LUV) on Thursday reported second-quarter profit of $683 million.The Dallas-based company said it had profit of $1.08 per share. Earnings, adjusted for non-recurring costs, came to $1.09 per share.The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.The airline posted revenue of $7.04 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $6.99 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUV at https://www.zacks.com/ap/LUVSource

Donegal: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

MARIETTA, Pa. (AP) — MARIETTA, Pa. (AP) — Donegal Group Inc. (DGICA) on Thursday reported net income of $2 million in its second quarter.On a per-share basis, the Marietta, Pennsylvania-based company said it had net income of 6 cents. Earnings, adjusted for investment gains, came to less than 1 cent on a per-share basis.The insurance holding company posted revenue of $229.2 million in the period. Its adjusted revenue was $226.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DGICA at https://www.zacks.com/ap/DGICASource

First American Financial: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

SANTA ANA, Calif. (AP) — SANTA ANA, Calif. (AP) — First American Financial Corp. (FAF) on Thursday reported profit of $138.5 million in its second quarter.The Santa Ana, California-based company said it had net income of $1.33 per share. Earnings, adjusted for one-time gains and costs, were $1.35 per share.The financial services company posted revenue of $1.65 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FAF at https://www.zacks.com/ap/FAFSource

Boston Scientific: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Boston Scientific Corp. (BSX) on Thursday reported second-quarter earnings of $270 million.On a per-share basis, the Marlborough, Massachusetts-based company said it had net income of 18 cents. Earnings, adjusted for amortization costs and costs related to mergers and acquisitions, were 53 cents per share.The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.The medical device manufacturer posted revenue of $3.6 billion in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $3.5 billion.For the current quarter ending in September, Boston Scientific expects its per-share earnings to range from 46 cents to 48 cents.The company expects full-year earnings in the range of $1.96 to $2 per share.Boston Scientific shares have increased 13% since the beginning of the year, while the S&P’s 500 ...

Carrier Global: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

PALM BEACH GARDENS, Fla. (AP) — PALM BEACH GARDENS, Fla. (AP) — Carrier Global Corporation (CARR) on Thursday reported second-quarter profit of $199 million.The Palm Beach Gardens, Florida-based company said it had net income of 23 cents per share. Earnings, adjusted for one-time gains and costs, were 79 cents per share.The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.The company posted revenue of $5.99 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $5.77 billion.Carrier Global expects full-year earnings in the range of $2.55 to $2.65 per share.Carrier Global shares have risen 32% since the beginning of the year. The stock has increased 43% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on C...

CMS Energy: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

JACKSON, Mich. (AP) — JACKSON, Mich. (AP) — CMS Energy Corp. (CMS) on Thursday reported second-quarter earnings of $198 million.On a per-share basis, the Jackson, Michigan-based company said it had net income of 67 cents. Earnings, adjusted for one-time gains and costs, were 75 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.The energy company posted revenue of $1.56 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $2.01 billion.CMS Energy expects full-year earnings in the range of $3.06 to $3.12 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMS at https://www.zacks.com/ap/CMSSource

Northrop Grumman: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Thursday reported second-quarter net income of $812 million.On a per-share basis, the Falls Church, Virginia-based company said it had profit of $5.34.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.31 per share.The defense contractor posted revenue of $9.58 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $9.32 billion.Northrop Grumman expects full-year earnings in the range of $22.45 to $22.85 per share, with revenue in the range of $38.4 billion to $38.8 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOC at https://www.zacks.com/ap/NOCSource

Wex: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:30:33 GMT

SOUTH PORTLAND, Maine (AP) — SOUTH PORTLAND, Maine (AP) — Wex Inc. (WEX) on Thursday reported second-quarter net income of $95.3 million.On a per-share basis, the South Portland, Maine-based company said it had net income of $2.20. Earnings, adjusted for one-time gains and costs, came to $3.63 per share.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.51 per share.The provider of fuel payment processing for fleet vehicles posted revenue of $621.3 million in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $620.6 million.For the current quarter ending in September, Wex expects its per-share earnings to range from $3.65 to $3.75.The company said it expects revenue in the range of $629 million to $639 million for the fiscal third quarter.Wex expects full-year earnings in the range of $14.15 to $14.35 per share, with revenue ranging from $2.5 billion to $2....