Companies in the energy and industrial sectors recently released their fourth-quarter financial results. Stanley Black & Decker and United Parcel Service both reported better-than-anticipated quarterly earnings. After strong results from Exxon Mobil and United Parcel Service, energy company shares rose. Stanley Black & Decker’s stock dropped after the company’s revenue for the fourth quarter fell short of forecasts.
Insider Monkey reviews the 10 quarterly reports you don’t want to miss. On January 31, 2022, Kilroy Realty Corporation’s shares rose 4% in after-hours trading. An investment trust based in California has reported better-than-expected financial results for the final three months of 2018. Cirrus Logic, Inc. shares fell in after-hours trading despite the company’s fiscal third-quarter earnings beating expectations. The fabless semiconductor supplier earned $2.54 per share on revenue of $548.3 million in the first quarter of the fiscal year. After-hours trading in Woodward, Inc. shares saw a drop of over 5%. Revenue of $591.08 million also fell short of the average estimate of $538 million. It was a good day for Atkore Inc. stock, as its shares rose nearly 12 percent. Adjusted earnings for the metal products and electrical raceway solutions supplier rose from $1.88 per share in the same period last year to $4.58 per share. On a year-over-year basis, L3Harris’ revenue fell by seven percent to $4.35 billion. Adjusted earnings of $13.35-$13.65 per share and revenue of $17.3-$17.7 billion are expected to be generated in 2022 by the company. For more details, click 10 Quarterly Reports You Don’t Want To Miss.
Unsplash
