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This list tracks the largest earnings beats for companies recently reporting earnings. This list is produced daily using the real-time earnings results reported by Selerity and limited to the top 30 stocks that meet the criteria.
America???s largest railroad company, Union Pacific (UNP), beat earnings this morning sending the stock surging over 4%. UNP followed suit of railroad earnings with both CSX Corporartion (CSX) and Kansas City Southern (KSU) reporting a strong positive earnings surprise earlier this week.
The market started with small gains Thursday, only to wobble at midday, before regaining ground at the end of the day. Markets will be closed for the Good Friday holiday.
"All of the gyrations that you read about in the press and the drama that you read about in other cases, we can certainly fall victim to a lot of those things if we are distracted by the news cycle or things that are short-term by nature," Pinterest Chief Financial Officer Todd Morgenfeld said. Zoom Video Communications Inc shares also surged in the U.S. video conferencing company's first day of trading on Thursday, closing 72 percent above their IPO price of $36. "It is a very favorable market at the moment," Zoom Chief Financial Officer Kelly Steckelberg said in an interview.
A gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though it pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from industrial companies. The U.S. benchmark S&P 500 index inched forward on strong March retail sales data, which registered their greatest increase in 1-1/2 years, and upbeat results from Union Pacific Corp and Honeywell International Inc. "The retail sales number was very strong," said Jeffrey Schulze, investment strategist at ClearBridge Investments in New York.
The Latest on PINS, AAPL, IBM, and NFLX(Continued from Prior Part)IBM’s revenue fell for the third straight quarterIBM’s (IBM) stock was down over 4% on Wednesday, April 17, after it reported another disappointing set of numbers for the most