Key Quarterly Reports To Watch

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Nike and Paychex both ended the day higher on the stock market after exceeding expectations. Despite reporting better-than-expected financial results, CarMax and Cintas saw their shares fall. BlackBerry Limited, AAR Corp., and General Mills were among the other companies to make headlines after releasing their quarterly financial results.

Here is Insider Monkey’s list of the 10 key quarterly reports to watch. On Wednesday, December 22, 2021, Cognyte Software Ltd.’s shares fell to a new 52-week low of $14.96. Profits and sales for the company’s fiscal third-quarter exceeded expectations. After reporting better-than-expected results for its third quarter, BlackBerry Limited shares closed higher on Wednesday, December 22. Strong billings and sales growth in the IoT segment were cited as the reason for the company’s positive results. The company’s revenue was expected to be $173.6 million. Despite missing profit and sales targets, AAR Corp. shares rose to a one-month high. On an adjusted basis, the Illinois-based aviation services provider earned 53 cents per share, compared to 31 cents in the same period last year. The company’s revenue increased by 8% year-over-year to $437 million during the third quarter. During the first three months of its fiscal year, MSC Industrial Direct Co. reported better-than-expected profits and sales. The company’s revenue for the third quarter increased 9.9% year over year to $848.5 million, exceeding the consensus estimate of $838.97 million dollars. GIS shares fell more than 4% after the company reported disappointing results for the second quarter of the fiscal year. For the three months ending November 28, the company reported adjusted earnings of 99 cents per share, missing analysts’ expectations of $1.05 per share. For more details, click 10 Key Quarterly Reports To Watch.

 

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