Stocks In The Limelight After Earnings Reports

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The third-quarter earnings season has begun in earnest. This week, major financial organizations released their financial reports. Some significant stocks included JPMorgan Chase & Co., Morgan Stanley, First Republic Bank, and BlackRock, Inc. Other industrial and technology companies have also shared their results.

Insider Monkey states the list of 10 stocks in the limelight after earnings reports. Fastenal Company released its third-quarter financial results on September 30, 2021. Earnings per share for the industrial equipment producer were 42 cents, up from 38 cents in the same time of 2020. In some end markets, the Covid-19 epidemic hampered the sales of various items. The stock of Domino’s Pizza, Inc. fell more than 3% in pre-market trade on Thursday. The company’s sales for the third fiscal quarter fell short of projections. Sales of $1.04 billion were expected, according to analysts. On Wednesday, October 13th, shares of First Republic Bank increased by more than 2%. The bank and wealth management firm based in California posted $1.91 per share, exceeding the consensus estimate of $0.84 per share. On a year-over-year basis, revenue increased by 30.1 percent in the third quarter. For the three months ended August 31, 2021, Walgreens Boots Alliance, Inc. reported adjusted earnings of $1.17. The company’s revenue for the quarter totaled $34.3 billion, up 12.8 percent year over year. U.S. Bancorp reported better-than-expected third-quarter financial performance. The Minneapolis-based bank announced earnings of $1.30 per share, which was a penny more than the consensus estimate. On a year-over-year basis, total loans declined 4.6 percent to $14.3 billion. For more details, click 10 Stocks In The Limelight After Earnings Reports.

 

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