AeroVironment's stock rose 6% following its fiscal first-quarter earnings report, which showed record revenue and a $1.5 billion funded backlog, signaling strong future visibility. This gain contrasts with minimal movement in drone peers Ondas and Red Cat, and a nearly flat drone sector ETF, highlighting AeroVironment's unique position due to large government contracts and production scaling of its Locust counter-drone system. Despite the rise, AeroVironment shares remain down 36% year-to-date, and investors are advised to watch for sustained gains before confirming a trend reversal.
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
RF Industries reported a record quarterly revenue of $23.96 million, a 21% increase from last year, surpassing analyst expectations. Although earnings per share slightly missed estimates at $0.19 versus $0.20, the company showed strong year-over-year...
Morgan Stanley analyst Joe Laetsch raised Valero Energy's price target to $411, signaling a potential 3.18% upside from its current price. Institutional investors like Virginia Retirement Systems and Gamco Investors are initiating new positions, whil...
Hain Celestial reported a Q4 2026 loss per share of $0.05, missing analyst estimates of $0.03 loss, with revenues down to $263.07 million from $363.35 million a year ago. The company is selling its international business for $323 million to focus on ...
