Corning IncorporatedQ2 revenue and Q3 sales forecast missed expectations
Several stocks made notable moves on Tuesday. H&R Block rose 6.2% after Stephens & Co. initiated coverage with an Equal-Weight rating and a $47 price target. Corning fell 13% after its second-quarter revenue and third-quarter sales forecast missed Wall Street expectations. Sherwin-Williams gained 7.5% on stronger-than-expected second-quarter earnings and a raised full-year profit forecast. Brown & Brown advanced 5% as investors focused on strong year-over-year growth and in-line earnings despite a slight revenue shortfall. Simpson added 2.8% after its second-quarter results exceeded analyst expectations.
Corning IncorporatedQ2 revenue and Q3 sales forecast missed expectations
H&R Block IncStephens initiated coverage with Equal-Weight rating and $47 price target
Sherwin-Williams CoStronger-than-expected Q2 earnings and raised full-year profit forecast
Simpson Manufacturing Company IncQ2 results exceeded analyst expectations
Brown & Brown IncStrong year-over-year growth and in-line earnings despite slight revenue shortfall