Academy Sports Outdoors IncAcademy Sports lifted its adjusted earnings outlook for fiscal 2027 above prior range and consensus.
In midday trading, several stocks made notable moves. Centerspace jumped over 8% after announcing an all-stock merger with Independence Realty Trust, creating a residential REIT with an enterprise value of $8.1 billion, with Centerspace shareholders receiving about 3.8 shares of IRT common stock per share. Academy Sports and Outdoors gained 8% after lifting its adjusted earnings outlook for fiscal 2027 to $6.50-$6.90 per share, above the prior range and the FactSet consensus of $6.43. Meta Platforms rose 6% following the unveiling of a personal AI agent app. Mission Produce popped 4% after beating FactSet expectations for both earnings and revenue in its fiscal third quarter. Apple slipped 1% ahead of an expected iPhone announcement. Casey's General Stores dropped over 15% despite beating earnings and revenue estimates, due to a 0.3% decline in fuel sales and slightly lower-than-expected growth in prepared food and beverage sales. Signet Jewelers surged 19% after reporting adjusted earnings of $2.19 per share, beating the FactSet estimate of $1.74, and raising full-year guidance. ServiceTitan fell over 30% after its third-quarter revenue guidance missed estimates, despite beating second-quarter revenue at $292.8 million versus $285.9 million expected. Braze dropped 19% on a revenue miss, though it beat on earnings per share. Chime Financial rose 4% after better-than-expected second-quarter earnings and third-quarter revenue guidance of $680-$690 million, surpassing the $640.6 million estimate.
Academy Sports Outdoors IncAcademy Sports lifted its adjusted earnings outlook for fiscal 2027 above prior range and consensus.
Signet Jewelers LtdSignet surged 19% after beating earnings estimates and raising full-year guidance.
Mission Produce IncMission Produce beat FactSet expectations for both earnings and revenue in its fiscal third quarter.
Caseys General Stores IncCasey's fell over 15% despite beating estimates, due to a 0.3% decline in fuel sales and weaker prepared food and beverage sales growth.
Braze IncBraze dropped 19% on a revenue miss, though it beat on earnings per share.
ServiceTitan, Inc. Class A Common StockServiceTitan fell over 30% after its Q3 revenue guidance missed estimates.
CenterspaceCenterspace jumped over 8% on announcing an all-stock merger with Independence Realty Trust.
Independence Realty Trust Inc
Apple Inc.
Applovin Corp
Chime Financial, Inc. Class A Common StockChime rose after better-than-expected Q2 earnings and strong Q3 revenue guidance.
Meta Platforms Inc.Meta rose 6% following the unveiling of a personal AI agent app.
Exxon Mobil Corp