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  • ManpowerGroup swings to profit that beats expectations amid strong rebound in workforce demand

    Shares of ManpowerGroup rose 1.6% in premarket trading Tuesday, after the provider of workforce services swung to a second-quarter profit that beat expectations, citing a strong rebound in demand for workforce solutions, and provided an upbeat outlook for the current quarter. Net income totaled $111.6 million, or $2.02 a share, after a loss of $64.4 million, or $1.11 a share, in the year-ago period. The FactSet consensus for earnings per share was $1.42. Revenue grew 41.0% to $5.28 billion,...

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  • Harley-Davidson stock surges after profit, revenue beat expectations as motorcycle sales more than doubled

    Shares of Harley-Davidson Inc. shot up 2.4% in premarket trading Wednesday, after the motorcycle seller swung to a second-quarter profit that beat expectations and revenue that rose above forecasts, as a slight miss in motorcycle revenue was offset by a beat in parts and accessories sales. Net income was $206 million, or $1.33 a share, after a loss of $92 million, or 60 cents a share, in the year-ago period. Excluding nonrecurring items, the company swung to earnings per share of $1.41 from a...

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  • Keurig Dr. Pepper earnings and sales beat expectations

    Keurig Dr. Pepper Inc. reported second-quarter net income of $448 million, or 31 cents per share, up from $298 million, or 21 cents per share, last year. Adjusted EPS of 38 cents beat the FactSet consensus for 37 cents. Sales of $3.14 billion were up from $2.86 billion and also ahead of the FactSet consensus of $3.06 billion. Keurig Dr. Pepper maintained its adjusted EPS guidance for growth in the range of 13% to 15%. FactSet is guiding for EPS of $1.60, implying 14.6% growth. In addition to...

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  • Schlumberger stock rallies after swinging to profit that beat expectations

    Shares of Schlumberger Ltd. rallied 1.9% in premarket trading Friday, after the oil services company reported second-quarter profit and revenue that beat expectations, and said it expects the momentum of international activity growth is likely to continue in the face of concerns over potential resurgence of COVID-19-related disruptions. The company swung to net income of $431 million or 30 cents a share, from a loss of $3.43 billion, or $2.47 a share, in the year-ago period. Excluding...

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  • Quest Diagnostics adjusted profit more than doubles, beat expectations

    Quest Diagnostics Inc. reported Thursday second-quarter adjusted profit that more than doubled to beat expectations, as revenue also topped forecasts, as the recovery in the lab results and diagnostics company cited a faster-than-expected recovery in its base business. Net income rose to $631 million, or $4.96 a share, from $185 million, or $1.36 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share grew to $3.18 from $1.42, beating the FactSet consensus of...

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  • Paccar stock jumps after record profit and revenue beat expectations

    Shares of Paccar Inc. jumped 1.3% in premarket trading Tuesday, after the truck maker reported second-quarter record profit and revenue that topped expectations, amid strong customer demand and freight tonnage, with beats in the company's parts and financial services segments offsetting a miss in truck sales. Net income more than tripled to $492.9 million, or $1.41 a share, from $147.7 million, or 43 cents a share, in the year-ago period. The FactSet consensus for earnings per share was $1.40....

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  • Dow swings to profit, revenue beats expectations as prices rise

    Shares of Dow Inc. edged up 0.5% in premarket trading Thursday, after the chemicals company swung to a second-quarter profit and reported revenue that rose above expectations, boosted by sharp local price increases amid stronger demand. Net income was $1.93 billion, or $2.51 a share, after a loss of $217 million, or 31 cents a share, in the year-ago period. Excluding nonrecurring items, operating earnings per share was $2.72, beating the FactSet consensus of $2.47. Sales jumped 66.2% to $13.89...

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