Healthcare services company Chemed Corporation (NYSE:CHE)
will be announcing earnings results this Tuesday after market hours. Here’s what you need to know.
Electricity generation and hydrogen production company Bloom Energy (NYSE:BE) will be announcing earnings results this Tuesday after market close. Here’s what investors should know.
Semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) will be reporting earnings this Monday after market hours. Here’s what investors should know.
Waste management services provider Waste Management (NYSE:WM)
will be announcing earnings results this Monday after market hours. Here’s what to expect.
Stocks surged higher on a cooler-than-expected inflation reading and a pending interest rate cut; next week big tech earnings may power stocks even higher
When thinking of competitors, Coca-Cola and PepsiCo undoubtedly come to mind. Both have established themselves over decades of successful operations while also sporting shareholder-friendly natures.
Shares of packaging Corporation of America (NYSE:PKG)
fell 3.8% in the afternoon session after the company reported third-quarter earnings that missed analyst expectations and issued weaker-than-expected guidance for the fourth quarter. The industrial products company posted earnings of $2.73 per share, which was $0.10 below the consensus estimate of $2.83. While sales and net income did increase compared to the same quarter in the previous year, the miss on profit expectations soured investor sentiment. Adding to the concerns, the company provided a forecast for the fourth quarter of $2.40 per share. This projection also fell short of the consensus analyst estimate of $2.63, signaling potential challenges ahead. The combination of a current earnings miss and a disappointing outlook for the next quarter prompted the stock's decline.
Shares of quantum computing company IonQ (NYSE:IONQ) jumped 3.8% in the afternoon session after the stock continued to rally as reports emerged that the U.S. government was in discussions to take equity stakes in quantum computing companies in exchange for federal funding.
Shares of semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) jumped 2.9% in the afternoon session after B. Riley raised its price target on the stock and investors anticipated the company's upcoming earnings report, which saw positive estimate revisions.
