The quarterly financial reports of some of the most valued U.S. stocks were recently released. After providing strong results, Microsoft Corporation and Alphabet Inc. increased value. Despite exceeding expectations, Visa Inc.’s stock plummeted.
Here is Insider Monkey’s list of the 10 stocks making noise after releasing their earnings reports. On Tuesday, October 26th, 2021, shares of Waste Management, Inc. fell just over 1%. The company’s third-quarter financial performance were mixed. Analysts expected earnings of $1.35 per share on $4.5 billion in revenue. Corning Incorporated stock fell on Tuesday, October 26th, 2021 as the company’s third-quarter adjusted profit fell short of estimates. The poor results were attributed to a global chip scarcity by the New York-based glassmaker. Revenue came in at $3.62 billion, which was nearly in line with analysts’ expectations. Ecolab’s stock has risen to its highest level in over a year. The company’s third-quarter performance were outstanding. On a year-over-year basis, revenue increased 10%, beating the average projection. Analysts expected earnings of $1.30 per share. The stock of Texas Instruments Incorporated dropped more than 5% in pre-market activity. The company’s fourth-quarter sales was lower than planned. It made $4.64 billion in revenue in the quarter, up from $3.82 billion in the same time in 2020. Lockheed Martin Corporation saw its stock drop more than 11% after the business reported disappointing third-quarter revenues. The global security and aerospace corporation earned $2.21 per share in the third quarter, down from $6.25 per share the previous year. For more details, click 10 Stocks Making Noise After Releasing Their Earnings Reports.
