Technology, industrials, and consumer cyclical stocks were among the winners on Wall Street following their quarterly results. Lennar’s share price fell 4% after the homebuilder reported poor earnings, and Adobe shares fell over 10% after the company issued a weak financial outlook.
Here is Insider Monkey’s list of 10 stocks on investors’ radar after posting their financial results. Shares of Steelcase Inc. fell by nearly 4% in after-hours trading on Thursday (July 18). In the third quarter of its fiscal year, the company reported lower-than-expected financial results. Sales were up 40% from last year’s levels in the third quarter, thanks in large part to increased demand from Asia Pacific countries. There were mixed results for Worthington Industries, Inc. in its fiscal second quarter. As compared to a loss of $1.40 per share in the same period last year, earnings of $2.15 per share have been reported by the company. On Wednesday, December 15, 2021, the stock of ABM Industries Incorporated fell more than 11 percent. Despite exceeding expectations in the fourth quarter of its fiscal year. There was a 14.2% increase in quarterly revenue to $1.7 billion. Thursday, December 16, 2021, marked a new 52-week high for Jabil Inc. shares with a price of $66.50. Revenue of $8.6 billion and adjusted earnings per share of $1.92 were reported by the manufacturing services company. Stock in Nordson Corporation fell to a near two-month low after the company reported disappointing financial results. Dispensing-equipment-maker reported earnings of $1.88 per share, compared to 31 cents per share in the same period last year. For more details, click 10 Stocks On Investors’ Radar After Posting Their Financial Results.
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