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MARKETS LIVE BLOG:

STOCKS EXTEND GAINS AS RESULTS SEASON KICKS INTO HIGH GEAR

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Company News for Mar 17, 2023

Zacks Equity Research
·1 min read

  • Adobe Inc.’s (ADBE) shares climbed 5.9% after the company reported first-quarter fiscal 2023 adjusted earnings per share of $3.80, surpassing the Zacks Consensus Estimate of $3.66.

  • Franco-Nevada Corp.’s (FNV) shares rose 0.9% after the company posted fourth-quarter 2022 adjusted earnings per share of $0.86, outpacing the Zacks Consensus Estimate of $0.85.

  • Shares of ZTO Express (Cayman) Inc. (ZTO) jumped 7.9% after reporting fourth-quarter 2022 adjusted earnings per share of $0.37, beating the Zacks Consensus Estimate of $0.35.

  • Shares of UiPath Inc. (PATH) soared 17.6% after posting fourth-quarter fiscal 2023 adjusted earnings per share of $0.15, exceeding the Zacks Consensus Estimate of $0.07.

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Adobe Inc. (ADBE) : Free Stock Analysis Report

UiPath, Inc. (PATH) : Free Stock Analysis Report

Franco-Nevada Corporation (FNV) : Free Stock Analysis Report

ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research