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MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Company News for May 22, 2020

Zacks Equity Research
·1 min read

  • Shares of Medtronic plc MDT declined 2.8% after the company reported fourth-quarter fiscal 2020 adjusted earnings per share of $0.58, missing the Zacks Consensus estimate of $0.59.

  • Shares of BJ's Wholesale Club Holdings Inc. BJ jumped 21.7% after reporting first-quarter 2020 adjusted earnings per share of $0.69, surpassing the Zacks Consensus estimate of $0.35.

  • Synopsys, Inc.'s SNPS shares rose 1.8% after the company posted second-quarter fiscal 2020 adjusted earnings per share of $1.22, beating the Zacks Consensus estimate of $0.99.

  • Expedia Group Inc.'s EXPE shares tumbled 3.2% after posting first-quarter 2020 loss per share of $1.83, wider-than the Zacks Consensus Estimate of a loss per share of $1.24.


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Medtronic PLC (MDT) : Free Stock Analysis Report
 
Expedia Group, Inc. (EXPE) : Free Stock Analysis Report
 
BJs Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report
 
Synopsys, Inc. (SNPS) : Free Stock Analysis Report
 
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Zacks Investment Research