Why Textron Stock Slumped Today

As we approached the quarter’s end, Wall Street anticipated that Textron would report a net income of $1.45 per share with quarterly revenue of $3.65 billion. However, the actual results showed a higher net income of $1.55 per share and revenues of $3.7 billion.

Why Blackstone Rallied Today

Today, Blackstone surpassed analyst predictions for its second-quarter earnings, maintaining its status as the leading authority in the alternative investment sector – the world’s largest private equity firm. Additionally, an emerging possibility of sourcing capital from retirement funds has further fueled enthusiasm among investors.

Why Southwest Airlines Stock Tumbled Today

As Q2 approaches, analysts anticipated that the airline would generate at least a $0.51 per share profit (after adjustments) on revenues of approximately $7.29 billion. Contrary to these expectations, Southwest reported earnings of merely $0.43 per share and revenue of just $7.24 billion.

Delta C-Suite Exec Sells 17,550 DAL Shares

What’s the relationship between the transaction of 17,550 shares and Carter’s usual historical trading size? The transaction seems quite close to Carter’s median historical trade size of around 17,747 shares, suggesting little variation from past activity.

Why Advance Auto Parts Stock Plummeted Today

Today, the auto parts retailer shared key points from their Q2 earnings, and the most striking detail is this: The projected Q2 revenue by Wall Street of $1.97 billion is expected to be surpassed and could potentially reach up to $2 billion.

Why T-Mobile US Stock Rose on Thursday

In Q2, T-Mobile gained approximately 1.7 million new postpaid customers, primarily due to a twofold increase in subscriptions for their premium Experience Beyond plan. This growth led to a 6.9% increase in revenue over last year, reaching $21.1 billion, slightly surpassing the predicted analyst target of $21 billion. Earnings per share also saw an improvement from $2.49 to $2.84, outperforming the Street’s expectation of around $2.68.