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Company News for Jul 24, 2024

Zacks Equity Research
·1 min read

  • Danaher Corporation’s (DHR) shares jumped 5.3% after reporting second-quarter 2024 adjusted earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.57.

  • Shares of General Motors Company (GM) fell 6.4% despite reporting an earnings and revenue beat on concerns that the automakers’ earnings potential has peaked.

  • Philip Morris International Inc.’s (PM) shares rose 2.2% after reporting second-quarter 2024 adjusted earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.55.

  • Shares of Alexandria Real Estate Equities, Inc. (ARE) shares slid 3.5% after reporting second-quarter 2024 revenues of $766.7 million, missing the Zacks Consensus Estimate of $776.3 million.

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Zacks Investment Research