The earnings season for the fourth quarter has begun. Earnings reports from American Express, Verizon Communications and Raytheon Technologies were recently released. Revenue expectations for the fourth quarter were not met by Raytheon Technologies, General Electric Company, and NextEra Energy, resulting in lower stock prices. On the other hand, American Express shares jumped on Tuesday, January 25, following the release of positive financial results.
Insider Monkey reviews the 10 stocks gaining attention after posting earnings reports. Better-than-expected fourth-quarter results were posted by Crane Co. The company’s quarterly revenue increased by 13 percent year-over-year to $771 million. A share’s worth of earnings was $1.25, up from 92 cents a share in the prior year’s 2020 period. On Monday, January 24, 2022, after-hours trading for Logitech International S.A. was slightly lower. In comparison to last year, the company’s third-quarter profits and sales were lower. On a year-over-year basis, revenue fell by two percent to $1.63 billion, according to the company. On a year-over-year basis, Halliburton Company reported revenue of $4.28 billion. The completion and production unit’s revenue increased by 30.2% to $2.36 billion. The company also announced a quarterly dividend of 12 cents per share. As one of the country’s most prominent independent insurance brokerages, Brown & Brown, Inc. Individuals, businesses, and government agencies can all benefit from the company’s risk management services. The company’s revenue increased by 15% year-over-year to $738.5 million during the third quarter. Overnight, shares of IBM increased by nearly 3% in trading volume. According to the company’s adjusted earnings of $3.35 per share, which was above the consensus forecast of 2.94 per share, it exceeded expectations. On a constant currency basis, software revenue increased 10.3% to $7.3 billion, and consulting revenue increased 15.1%. For more details, click the 10 Stocks Gaining Attention After Posting Earnings Reports.
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