Paychex, CarMax, IHS Markit, and Micron Technology are just a few of the well-known corporations that recently released their quarterly financial results. The earnings results of notable stocks in the industrials, consumer cyclical, and technology sectors were revealed earlier this week. Despite meeting estimates, CarMax and Micron Technology’s stock plummeted. After the firm posted better-than-expected earnings, Paychex stock rose.
Insider Monkey discusses the list of 10 key earnings reports to watch. Even after reporting better-than-expected financial results, Worthington Industries, Inc. shares have fallen for two days in a row. For the fiscal first quarter ending August 31, 2021, the metals manufacturing firm recorded $2.46 per share adjusted earnings. After the company announced its fiscal fourth-quarter results, shares of United Natural Foods, Inc. soared to a nearly four-year high. For the three months ending July 2021, the largest health and specialty foods distributor announced adjusted earnings of $1.18 per share. Concentrix Corporation has reported better financial results than expected for the fiscal third quarter ending August 31, 2021. The company announced adjusted earnings of $2.49 per share, a significant increase above the $1.53 per share reported in the same period in 2020. Herman Miller, Inc.’s stock dropped 6.13 percent after the business reported mixed financial results for the first quarter of its fiscal year. The furniture company posted adjusted earnings of 49 cents per share, down from $1.24 in the prior-year quarter. Thor Industries, Inc. posted adjusted earnings of $4.12 per share, up from $2.14 last year. On a year-over-year basis, revenue increased 54.6 percent to $3.59 billion for the quarter. For more details, click 10 Key Earnings Reports To Watch.
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