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7 mentions found


Schlumberger — The oilfield services stock dropped 2.9% after third-quarter revenue missed Wall Street expectations. Revenue came in at $15.38 billion, versus the $15.36 billion expected. Late Thursday, SolarEdge slashed guidance for third-quarter revenue, gross margin and operating income. Net interest also fell short at $1.29 billion, versus the $1.32 billion expected. Revenue came in at $1.74 billion, versus the $1.77 billion expected from analysts polled by LSEG.
Persons: Schlumberger, SolarEdge, Sunnova, Sunrun, KeyCorp, Swift, David Jackson, , Alex Harring, Samantha Subin, Hakyung Kim, Michelle Fox Organizations: Schlumberger, LSEG, American, American Express, LSEG . Revenue, Merck — Merck, UBS, Enphase Energy, StreetAccount, Comerica, Swift, Revenue Locations: Zions
The company reported adjusted earnings per share of $1.46, surpassing analysts' expectations of $1.41 per share. Knight-Swift Transportation — Shares soared 14% after the freight transportation company reported a beat on the top and bottom lines for the third quarter. The company's revenue of $2.02 billion exceeded analysts' expectations of $1.89 billion. Western Alliance posted third-quarter earnings of $1.97 per share, while analysts polled by FactSet forecast $1.91 per share. CSX — The transportation company's shares dipped about 1% after the company's third-quarter earnings fell short of analysts' estimates.
Persons: Zvi Lando, LSEG, Darla Mercado Organizations: Enphase Energy, Swift, Western Alliance, FactSet, CSX, Revenue
Knight-Swift Transportation — The freight transportation company's shares gained more than 1%. Knight-Swift reported adjusted earnings of 49 cents per share on revenue of $1.55 billion. Intuitive Surgical reported adjusted earnings of $1.42 per share on revenue of $1.76 billion. The fast-food chain reported mixed quarterly results, including adjusted earnings of $3.08 per share, beating analysts' predictions for $3.05 per share. Spotify — The music streaming company's shares dropped 5.5% after Spotify announced price increases for its premium subscription plans.
Persons: Oppenheimer, Riley, Eric Wold, Barbie, Mike Wirth, Chevron, Swift, Domino's, Becton Dickinson, Raymond James, Gilead, Estée Lauder, Piper Sandler, — CNBC's Hakyung Kim, Yun Li, Alex Harring, Samantha Subin Organizations: AMC, Mattel, Warner Bros, Chevron, Swift Transportation, U.S . Food, Drug Administration, Sirius XM, Deutsche Bank, Nasdaq, Spotify, Gilead Sciences Locations: New York, U.S, Gilead, China
American Express — Shares slipped about 4% after the company reported second-quarter revenue of $15.05 billion, falling short of the $15.48 billion expected from analysts polled by Refinitiv. The car dealer company reported second-quarter results that exceeded expectations on the top and bottom lines. The company posted systems revenue of $392.7 million, lower than the $415.9 million, according to a consensus estimate from StreetAccount. CSX — CSX slid more than 4% after the transportation company reported disappointing second-quarter revenue. The company reported revenue of $3.7 billion, which was weaker than $3.74 billion expected by analysts polled by Refinitiv.
Persons: Herc — Herc, Sherif El, Sabbahy, AutoNation, Swift, StreetAccount, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim Organizations: Scholastic, Traders, American, Refinitiv, American Express, Bank of America, Swift Transportation —, Swift Transportation, PPG, PPG Industries, Sunnova Energy, BMO Capital Markets, CSX Locations: Hollywood, U.S
Check out the companies making headlines before the bell:American Express — American Express slid 3% after posting smaller-than-expected revenue for the previous quarter, even as earnings per share beat expectations. The company reported second-quarter earnings of $2.89 per share on revenue of $15.05 billion. The company beat on the top and bottom lines, reporting adjusted earnings of $6.29 per share on revenue of $6.89 billion. CSX — CSX fell 4% after the transportation company missed revenue expectations in its second quarter. CSX reported revenue of $3.7 billion, lower than the $3.74 billion consensus estimate from Refinitiv.
Persons: Refinitiv, AutoNation, StreetAccount, Swift, — CNBC's Michelle Fox, Yun Li Organizations: Express, Sunnova Energy, BMO, CSX, PPG, PPG Industries, Refinitiv, Swift Transportation, Scholastic, StreetAccount
Earnings per share for the quarter were in line with expectations at 49 cents. The company posted adjusted earnings of $3.52 per share on revenue of $9.01 billion for the second quarter. The company also raised current-quarter and full-year earnings expectations. Knight-Swift Transportation — The transportation company tumbled 3% after missing analysts' consensus estimates on earnings in the second quarter and giving weak guidance. Analysts were expecting 55 cents in earnings per share and a quarterly revenue of $1.60 billion, according to Refinitiv.
Persons: Refinitiv, FactSet, Refinitiv ., Swift, Darla Mercado Organizations: CSX, Refinitiv, PPG, Systems, Swift Transportation, Management, Werner Enterprises, Scholastic Locations: Refinitiv
CSX — The transportation company's shares were up 2.6% after the company's first-quarter earnings and revenue topped analysts' expectations. CSX posted earnings of 48 cents per share and revenue of $3.71 billion. Knight-Swift Transportation — Shares fell less than 1% after the freight transportation company reported a miss on earnings for the first quarter. The company reported adjusted earnings of 73 cents per share, while analysts estimated per-share earnings of 81 cents, according to FactSet. However, the company's revenue of $1.64 billion came above analysts' expectations of $1.61 billion.
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