Category: Offshore

Autodesk (ADSK) guided third quarter adjusted EPS between $3.04 and $3.09, below expectations of $3.14. The weaker earnings outlook disappointed investors despite continued demand for

Affirm (AFRM) reported fourth quarter revenue of $1.17bn, 5.4% above the $1.11bn expected. Adjusted EPS was not provided in the supplied results, while first quarter

PayPal (PYPL) shares plunged nearly 16% after reports that Advent and Stripe abandoned takeover discussions. The proposed transaction would have ranked among the largest leveraged

Elastic (ESTC), the data analytics and search software company, raised full year adjusted EPS guidance to between $3.29 and $3.37. Revenue guidance between $1.998bn and

Gap (GAP), the clothing retailer, reported adjusted EPS of 52c, above expectations of 48c. Second quarter earnings benefited from better than expected operating performance, despite

Hormel Foods (HRL), the packaged food company behind Hormel Chili and Corn Nuts, guided adjusted EPS between $1.45 and $1.51. The midpoint of $1.48 is

Wendy’s (WEN), the global burger restaurant chain, saw shares fall after reports that Trian will not pursue an acquisition. Nelson Peltz had previously considered taking

Best Buy (BBY), the consumer electronics retailer, reported second quarter adjusted EPS above expectations of $1.34. Revenue rose 0.8% to $9.52bn, ahead of expectations of

Dollar General (DG), the discount retailer, raised full year adjusted EPS guidance to between $7.80 and $8.00. The new guidance compares with the previous range

SAP (SAP), the enterprise software provider, fell after UBS downgraded the shares to Neutral. UBS believes slower delivery of agentic AI is limiting near term