Stocks In Focus After Posting Their Earnings Reports


Consumer cyclical and healthcare-related stocks continue to outperform the broader stock market. Following their results, Teladoc Health, Agilent Technologies, and TJX Companies saw their stock prices fall, while Lowe’s stock rose after exceeding expectations.

Insider Monkey highlights the 10 stocks in focus after posting their earnings reports. Shares of Penumbra, Inc. fell nearly six percent after the company reported disappointing fourth-quarter earnings. The Alameda, Calif.-based medical device company reported adjusted earnings of 1 cent per share, well below the expected 22 cents. While Ltd.’s fourth-quarter loss was narrower than expected, the company’s shares fell to an all-time low. An adjusted loss of 26 cents per share was reported by the Israel-based software company, as opposed to a loss of 64 cents per share in the year-ago period. With its fourth-quarter results announced on February 23, Molson Coors Beverage Company shares rose to their highest level in over a month. Over the prior year, the company’s adjusted earnings per share increased by more than twofold, to 81 cents. On a revenue of $1.41 billion, Vertiv Holdings Co reported adjusted earnings of 4 cents per share. By a wide margin, the results failed to meet the expectations of analysts. Vertiv Holdings expects revenue in the range of-$1.1 – billion for the first quarter. The fourth-quarter sales results for Exact Sciences Corporation were better than expected. Nevertheless, the company’s quarterly loss exceeded expectations, causing its shares to fall by over 6%. The revenue from screening increased by 11%, while the revenue from Precision Oncology increased by 27%. For more details, click 10 Stocks In Focus After Posting Their Earnings Reports.