Due to the rapid proliferation of the Delta version, some companies have made cautious financial forecasts. A few analysts have warned that the distribution of new Covid-19 versions could have an impact on the economy’s general recovery. Some analysts are concerned about the impact on the economy as a whole. The stock market in the United States has had a mixed start to the week, with some disappointing outcomes. Investors, on the other hand, are delighted with the success of a few prominent names in the financial industry in the United States. We take a look at ten firms whose most recent quarterly results outperformed analyst estimates.
Insider Monkey discusses the list of the 10 stocks that just delivered impressive quarterly earnings. TEGNA Inc. recently reported second-quarter financial results that were better than expected. For the three months ending June 30, the corporation recorded earnings of 48 cents per share, substantially above the 9 cents per share reported for the same period in 2020. 3D Systems Corporation saw its stock rise more than 21% on Tuesday after reporting another strong quarter. For the second quarter ended June 30, the firm posted earnings of 12 cents per share, mostly due to increased demand from healthcare and industrial clients. BioNTech SE has been in business for about a decade. The company’s stock recently hit a new 52-week high of $464 after reporting a record second-quarter performance, aided in part by strong demand for its Covid-19 vaccination. Scientific Games Corporation just reported second-quarter results that were better than expected. Revenue for the quarter increased by 63 percent year over year to $880 million, much exceeding analysts’ expectations of $765 million. US Foods Holding Corp. has released its second-quarter financial results. For the three months ending in July, the major foodservice distributor reported earnings of 20 cents per share. The company’s revenue for the quarter increased by 68 percent to $7.7 billion, exceeding analysts’ expectations of $6.94 billion. For more details, click 10 Stocks That Just Delivered Impressive Quarterly Earnings.
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