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Organon: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Organon & Co. (OGN) on Tuesday reported second-quarter profit of $242 million.The Jersey City, New Jersey-based company said it had profit of 95 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.31 per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share.The pharmaceutical company posted revenue of $1.61 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $1.56 billion.Organon expects full-year revenue in the range of $6.25 billion to $6.45 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OGN at https://www.zacks.com/ap/OGNSource

PowerFleet: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

WOODCLIFF LAKE, N.J. (AP) — WOODCLIFF LAKE, N.J. (AP) — PowerFleet, Inc. (PWFL) on Tuesday reported a loss of $3 million in its second quarter.On a per-share basis, the Woodcliff Lake, New Jersey-based company said it had a loss of 12 cents. Losses, adjusted for stock option expense, came to 10 cents per share.The maker of tracking and communications technology for fleet vehicles posted revenue of $32.1 million 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 PWFL at https://www.zacks.com/ap/PWFLSource

Latham Group: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

LATHAM, N.Y. (AP) — LATHAM, N.Y. (AP) — Latham Group Inc. (SWIM) on Tuesday reported second-quarter profit of $5.7 million.The Latham, New York-based company said it had net income of 5 cents per share.The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.The swimming pool maker posted revenue of $177.1 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $173.6 million.Latham Group expects full-year revenue in the range of $570 million to $600 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWIM at https://www.zacks.com/ap/SWIMSource

Nexstar: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

IRVING, Texas (AP) — IRVING, Texas (AP) — Nexstar Broadcasting Group Inc. (NXST) on Tuesday reported earnings of $96 million in its second quarter.On a per-share basis, the Irving, Texas-based company said it had net income of $2.64.The television broadcaster posted revenue of $1.24 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 NXST at https://www.zacks.com/ap/NXSTSource

TransDigm: Fiscal Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

CLEVELAND (AP) — CLEVELAND (AP) — TransDigm Group Inc. (TDG) on Tuesday reported fiscal third-quarter profit of $351 million.On a per-share basis, the Cleveland-based company said it had net income of $6.14. Earnings, adjusted for one-time gains and costs, came to $7.25 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $6.33 per share.The aircraft components maker posted revenue of $1.74 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.68 billion.TransDigm expects full-year earnings in the range of $24.94 to $25.36 per share, with revenue in the range of $6.53 billion to $6.59 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDG at https://www.zacks.com/ap/TDGSource

New Fortress Energy: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

NEW YORK (AP) — NEW YORK (AP) — New Fortress Energy Inc. (NFE) on Tuesday reported second-quarter net income of $119.2 million.The New York-based company said it had profit of 58 cents per share.The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.The company posted revenue of $561.3 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $575.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NFE at https://www.zacks.com/ap/NFESource

CECO: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

DALLAS (AP) — DALLAS (AP) — CECO Environmental Corp. (CECO) on Tuesday reported second-quarter net income of $3.7 million.The Dallas-based company said it had profit of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 15 cents per share.The maker of air pollution controls and industrial ventilation systems posted revenue of $129.2 million in the period.CECO expects full-year revenue in the range of $500 million to $525 million.CECO shares have increased 0.5% since the beginning of the year. The stock has increased 46% 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 CECO at https://www.zacks.com/ap/CECOSource

Amicus Therapeutics: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Amicus Therapeutics Inc. (FOLD) on Tuesday reported a loss of $43.2 million in its second quarter.On a per-share basis, the Philadelphia-based company said it had a loss of 15 cents.The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.The pharmaceutical company posted revenue of $94.5 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $89.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOLD at https://www.zacks.com/ap/FOLDSource

LCI: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — LCI Industries (LCII) on Tuesday reported second-quarter net income of $33.4 million.On a per-share basis, the Elkhart, Indiana-based company said it had profit of $1.31.The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.The recreational vehicle parts supplier posted revenue of $1.01 billion in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $1.02 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LCII at https://www.zacks.com/ap/LCIISource

Broadridge Financial: Fiscal Q4 Earnings Snapshot

Published Mon, 16 Dec 2024 10:50:02 GMT

LAKE SUCCESS, N.Y. (AP) — LAKE SUCCESS, N.Y. (AP) — Broadridge Financial Solutions Inc. (BR) on Tuesday reported fiscal fourth-quarter net income of $324.1 million.On a per-share basis, the Lake Success, New York-based company said it had net income of $2.72. Earnings, adjusted for one-time gains and costs, were $3.21 per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.10 per share.The technology outsourcing company posted revenue of $1.84 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $1.89 billion.Broadridge Financial shares have increased 24% since the beginning of the year. The stock has fallen 1% 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 BR at https://www.zacks.com/ap/BRSource