Hubbell reported strong Q2 2026 results with revenue of $1.71 billion, exceeding the $1.66 billion consensus and marking a 15% sales increase year-over-year. Earnings per share reached $5.52, beating estimates and rising 12% from last year. The company raised its full-year adjusted EPS guidance to $20.25-$20.55, reflecting confidence in continued growth driven by its role in electrical products for infrastructure and data centers. Investors see this as a sign of Hubbell's ongoing financial strength and market leadership.
Macy's reported Q1 earnings per share of $0.40, exceeding the $0.37 estimate, with revenue of $4.87 billion beating expectations. Growth was driven by strong sales in Bloomingdale's, Bluemercury, and Macy's stores. The company raised its full-year ne...
Tyson Foods faces operational challenges, especially in its beef segment, leading Piper Sandler to cut its price target from $78 to $66. The company lowered its 2026 revenue growth forecast to 1.5%-2% and expects a beef segment operating loss between...
Descartes Systems Group is set to release its Q2 2027 earnings with analysts expecting $0.57 EPS and $197.54 million revenue. The company recently acquired Extensiv for $120 million, enhancing its warehouse and fulfillment solutions for e-commerce an...
UBS confirmed a Buy rating for American Water Works and raised its price target to $162, signaling potential stock growth from $140.33. The upgrade follows Missouri American Water's $34.5 million acquisition of Neosho's water and wastewater systems, ...
Arete Research downgraded Uber's stock from Buy to Neutral with a $74 price target, citing an expected 64.95% drop in earnings per share to $1.09 despite 9.6% revenue growth to $14.76 billion. Uber faces new competition from Tesla's Cybercab, which o...
