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MARKETS LIVE BLOG:

STOCK FUTURES CLIMB AS RESULTS SEASON KICKS INTO HIGH GEAR

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

Company News for Oct 8, 2021

Zacks Equity Research
·1 min read

  • Levi Strauss & Co.’s LEVI shares jumped 8.5% after the company reported fiscal third-quarter 2021 adjusted earnings per share of $0.48, beating the Zacks Consensus Estimate of $0.38.

  • Helen of Troy Ltd.’s HELE shares climbed 5.99% after reporting second-quarter fiscal 2022 adjusted earnings per share of $2.65, outpacing the Zacks Consensus Estimate of $2.13.

  • Shares of Lamb Weston Holdings Inc. LW tumbled 6.6% after posting first-quarter fiscal 2022 adjusted earnings per share of $0.20, missing the Zacks Consensus Estimate of $0.38.

  • Shares of Twitter Inc. TWTR surged 4.4% after the company announced its plan to sell MoPub mobile advertising network to mobile game developer AppLovin for $1.05 billion in cash.


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To read this article on Zacks.com click here.
 
Zacks Investment Research