Rivian Automotive increased its production forecast, while Lucid Group lowered its full-year production forecast.
Akamai Technologies reported better-than-expected quarterly earnings and forecasted fourth-quarter profit above Wall Street estimates, attributing it to the increasing demand for its cloud security services.
DaVita raised its full-year adjusted EPS guidance after posting quarterly earnings above expectations.
Bumble tumbled as its fourth-quarter sales outlook missed estimates.
Nuvei raised its full-year adjusted EBITDA and sales guidance after posting third-quarter earnings above estimates.
Imperial Oil was downgraded to “neutral” from “buy” at Goldman Sachs.
Fortuna Silver unveiled strong third-quarter results, with adjusted EBITDA up 92% and sales up 46%, beating estimates.
Pan American Silver reported third-quarter adjusted EPS and sales that both missed expectations.
CGI reported strong fourth-quarter results, with adjusted EPS slightly above estimates and sales in line with expectations.
AG Growth International raised its full-year adjusted EBITDA margin guidance.
ATS reported increased sales and improved earnings, with bookings down and backlog up.
Superior Plus posted third-quarter adjusted EBITDA and sales that both missed expectations.
Gilead Sciences reported stable third-quarter sales but increased earnings due mainly to lower taxes.
IAC beat third-quarter revenue estimates, with its core brands showing traffic growth.
Jack Henry & Associates reported increased first-quarter revenue, reflecting growth in its various segments.
Viatris beat Wall Street estimates for third-quarter core profit, thanks to its generic drug portfolio.
Coty raised its annual core sales forecast due to higher pricing and strong demand for new makeup and fragrance launches.
Telefonica reported higher net profit in the third quarter and outlined a strategy for growth, profitability, and sustainability until 2026.
Mosaic Co missed Wall Street estimates for quarterly profit, primarily due to falling fertilizer prices.
Robinhood Markets: Robinhood reported that its transaction-based revenue decreased by 11% year-over-year to $185 million due to a 13% decline in equities and a 55% decrease in cryptocurrencies.
Steris PLC: Steris, a medical equipment provider, beat second-quarter sales estimates, driven by strength in its core healthcare business. Revenue from the Healthcare segment grew by 19% to $870.1 million, outperforming expectations. Steris reported quarterly total revenue of $1.34 billion, exceeding analysts’ estimates of $1.30 billion.
Telefonica SA: Spanish telecom firm Telefonica reported a 9.3% increase in net profit in the third quarter, reaching 502 million euros, surpassing analyst expectations.
Viatris Inc: Viatris beat Wall Street estimates for third-quarter core profit, with its earnings before interest, tax, depreciation, and amortization (EBITDA) reaching $1.36 billion on an adjusted basis.
Under Armour Inc: Under Armour raised its annual gross margin forecast as the company benefited from reduced freight and raw material costs while maintaining strict expense control. The new forecast projects a gross margin increase of 100 to 125 basis points, compared to the previous expectation of a 25 to 75 basis point increase.