Avis Budget Group – increased by 2%. Refinitiv reported that Avis’ adjusted earnings per share came in at $21.70 versus $14.64 expected. Following the release of its quarterly results, shares of the low-cost car rental company, Avis Budget Group, increased by 2%. Refinitiv reported that Avis’ adjusted earnings per share came in at $21.70 versus $14.64 expected.
Stryker – The maker of medical technology saw a 5.5% decline after reporting a top-line miss in its most recent quarterly results. Refinitiv reported that Stryker’s adjusted earnings per share came in at $2.12 versus estimates of $2.23. The business narrowly outperformed forecasts for revenue.
Hologic – According to Street Account, the medical supplier’s shares increased 7.5% after it outperformed analysts’ forecasts for the most recent quarter on both the top and bottom lines. For the fiscal year that ends in September 2023, the company forecasts earnings per share in the range of $3.30 and $3.60, versus FactSet’s forecast of $3.43, and revenue in the range of $3.7 billion and $3.9 billion.
Company of Goodyear Tires & Rubber – The tyre company’s stock fell by more than 8%. Goodyear reported a $5.31 billion revenue and a quarterly profit per share of 40 cents. According to Street Account, analysts anticipated earnings of 55 cents per share on a $5.36 billion in revenue.
In post-market trading, IDEXX Laboratories saw a 2.8% increase as investors anticipated earnings due out on Tuesday before the market opened. The science company has a focus on animals and water.
