Honeywell Disappoints on Quarterly Results — but Delivers on Its Breakup Plan
Honeywell posted first‑quarter adjusted earnings per share of $2.45, topping the $2.32 LSEG estimate, while revenue rose 2.4% to $9.1 billion, falling short of the $9.3 billion consensus. The results were weighed down by geopolitical tension in Iran and a supply‑chain disruption in its aerospace unit, prompting the stock to dip before stabilizing around a 3% loss. Management highlighted the ongoing breakup, confirming an all‑cash sale of the Workflow Solutions business to American Industrial Partners and setting a June 29 spin‑off date for the Aerospace segment. Analysts reaffirmed a $250 price target, betting the divestitures will unlock value by eliminating the conglomerate discount.
Stocks Making the Biggest Moves After Hours: Tesla, IBM, ServiceNow, Southwest Airlines and More
After‑hours trading on April 22 saw a mixed batch of earnings reactions. IBM slipped 6% after missing full‑year guidance despite an earnings beat, while Tesla fell more than 2% as CEO Elon Musk warned of higher capital spending for autonomous...
Boeing Takes a Step Forward in Its Turnaround. Here's What to Watch for Next
Boeing reported a stronger‑than‑expected first‑quarter, with revenue up 14% to $22.22 billion and an adjusted loss of 20 cents per share versus the 83‑cent loss forecast. The company reaffirmed its full‑year free‑cash‑flow target of $1‑$3 billion and kept its 2026 delivery guidance for...
We're Raising Our Price Target on GE Vernova as AI Fuels Another Monster Quarter
GE Vernova posted a monster Q1, with revenue rising 16% YoY to $9.34 billion and organic orders surging 71% to $18.3 billion. Adjusted EPS came in at $2.08, well above the $1.86 estimate, while adjusted EBITDA margin reached 16.3%. The stock jumped...
AT&T Adds More Wireless Subscribers than Expected as Bundling Pays Off
AT&T reported a net gain of 294,000 wireless subscribers in Q1 2026, outpacing the 272,000 analysts had expected. The growth was driven by bundled offers that combine wireless service with high‑speed fiber, a strategy embraced by about 42% of the...
Stocks Making the Biggest Moves After Hours: Adobe, United Airlines, Capital One and More
After the bell, United Airlines stock edged up 1% even as the carrier trimmed its 2026 earnings outlook to $7‑$11 per share, citing higher fuel costs. Capital One fell nearly 4% after reporting Q1 earnings of $4.42 per share and...
Stocks Give up Their Gains — Plus, an Early Trend We're Watching This Earnings Season
U.S. equities erased early gains on Tuesday after WTI crude surged 5% to $94 a barrel, lifting the 10‑year Treasury yield to 4.3%. The rally was further dampened by lingering uncertainty over the Iran cease‑fire and a New York Times report that...
UnitedHealth Tops Quarterly Estimates, Hikes Profit Outlook as Insurer Manages High Medical Costs
UnitedHealth Group reported first‑quarter earnings that beat Wall Street expectations, posting adjusted earnings per share of $7.23 versus the $6.57 consensus and revenue of $111.72 billion, above the $109.57 billion forecast. The insurer lifted its 2026 adjusted EPS outlook to more than...
Netflix Was Long 'a Builder Not a Buyer.' Is that Era Over?
Netflix recently emerged as a bidder for Warner Bros. Discovery in a $72 billion deal, only to walk away after Paramount’s higher offer, collecting a $2.8 billion breakup fee. Co‑CEO Ted Sarandos said the process proved Netflix can execute a mega‑acquisition and...
World's Biggest Chocolate Maker Issues Profit Warning as Cocoa Prices Collapse; Shares Plunge 17%
Swiss chocolate giant Barry Callebaut announced a mid‑teens EBIT decline for its 2025‑26 fiscal year, citing a sharp drop in cocoa prices, industry overcapacity, and potential supply disruptions linked to the Iran conflict. Cocoa prices have slumped 57.6% over the...
Goldman Shares Fall on Imperfect Quarterly Results. Here's Our Advice on the Stock From Here
Goldman Sachs posted Q1 2026 revenue of $17.23 bn, up 14.4% YoY, and EPS of $17.55, surpassing forecasts. Investment banking drove growth, with revenue up 48% and advisory fees soaring 89%, while the FICC line lagged expectations. Shares slipped just over...
Goldman Sachs Is Set to Report First-Quarter Earnings — Here's What Wall Street Expects
Goldman Sachs will announce its Q1 2026 results before the market opens Monday, with analysts forecasting earnings per share of $16.49 and revenue of $16.97 billion. The bank’s dual‑track model—trading and investment banking—is expected to sustain growth amid AI‑driven market rebalancing....
Lego Keeps Beating the Toy Industry. Its Secret Weapon Is Not What You'd Expect
Lego posted a 12% revenue increase to 83.5 billion Danish kroner for fiscal 2025, lifting operating profit 18% and outpacing the broader toy market’s 7% growth. The Danish maker expanded its portfolio to over 860 sets, adding themes such as botanicals,...
German Defense Firm Renk CEO Says Iran War Could Drive 'Increasing Demand' In the Middle East
German defence specialist Renk expects the ongoing Iran‑UAE conflict to spur regional defence spending. CEO Alexander Sagel said the war could drive demand across air, ammunition and ground systems, citing a recent prototype IFV order from a Gulf state. Renk reported...
We're Boosting Our Price Target on Retail Stock TJX After Another Knockout Quarter
TJX Companies posted an 8.5% revenue jump to $17.7 billion and EPS of $1.58, both beating analyst forecasts. Same‑store sales rose 5% year‑over‑year, outpacing the 3.7% consensus, with all four operating segments delivering growth. The strong quarter prompted analysts to lift...