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Why Sunrun, SolarEdge, Sunnova Energy Shares Are Moving Lower After Hours
Several solar stocks including Sunrun, SolarEdge Technologies and Sunnova Energy International are trading lower in Tuesday's after-hours session in sympathy with shares of Enphase Energy, which fell after the company reported worse-than-expected quarterly results.
Enphase Energy Q1 Earnings: Revenue, EPS Come In Below Estimates Amid 'Softening' US Demand
Enphase Energy reported first-quarter revenue of $263.3 million, which missed the consensus estimate of $281.95 million, according to Benzinga Pro.
Mattel Reports Mixed Q1 Results: EPS Beat, Revenue Misses
Mattel reported quarterly losses of 5 cents per share which beat the analyst consensus estimate of losses of 12 cents per share.
Texas Instruments Q1 Earnings: EPS Beat, Revenue Beat Despite Decline Across All End Markets
Texas Instruments reported first-quarter revenue of $3.66 billion, which beat the consensus estimate of $3.611 billion, according to Benzinga Pro. The company's top-line results were down 16% on a year-over-year basis and down 10% sequentially as revenue declined across all end markets.
Nucor Shares Fall After Worse-Than-Expected Q1 Results
Nucor reported quarterly earnings of $3.46 per share which missed the analyst consensus estimate of $3.65 by 5.21% and represents a 22.25% decrease from earnings of $4.45 per share year-over-year. Quarterly sales came in at $8.14 billion, missing the analyst consensus estimate of $8.26 billion by 1.49% and representing a 6.58% decrease from the same period last year.
Cadence Design Systems Reports Q1, Guides Below Q2 Estimates
Cadence Design Systems reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $1.13 by 3.54%. Quarterly sales came in at $1.009 billion which beat the analyst consensus estimate of $1.002 billion by 0.67%.
Cleveland-Cliffs Q4 Earnings: Revenue Miss, EPS Miss, $1.5B Buyback And More
Cleveland-Cliffs reported first-quarter revenue of $5.2 billion, which missed the consensus estimate of $5.346 billion, according to Benzinga Pro. The company reported adjusted earnings of 18 cents per share, which missed analyst estimates of 22 cents per share.
Western Alliance Reports Q1 Earnings, Revenue Beats: What You Need To Know (CORRECTED)
Western Alliance reported quarterly earnings of $1.60 per share, missing the consensus estimate of $1.66 by 3.61% and representing a 30.43% decrease from the same period last year.
Frontier Communications Stock Slides After Company Reveals Cyberattack: The Details
Frontier said it detected that a third party had gained unauthorized access to portions of its information technology business on April 14. The company's response resulted in "an operational disruption that could be considered material."
Intuitive Surgical Q1 Earnings: Revenue Beat, EPS Beat, Surgical System Installed Base Up 14% And More
Intuitive Surgical reported first-quarter revenue of $1.89 billion, which beat the consensus estimate of $1.87 billion, according to Benzinga Pro.
PPG Industries Reports Mixed Q1 Results
PPG reported quarterly adjusted earnings of $1.86 per share, inline with the analyst estimate. Quarterly sales came in at $4.31 billion which missed the analyst consensus estimate of $4.43 billion by 2.69% and represents a 1.58% decrease over sales of $4.38 billion from the same period last year.
Biden Plan To Reportedly Block Alaska Mine Access Draws Industry Ire: 'Frankly, I Am Disgusted'
Mining industry and state of Alaska criticize Biden administration's reported plan to block mining access road, citing political motivation and need for domestic mineral sources.
Las Vegas Sands Reports Better-Than-Expected Q1 Results
The company reported quarterly adjusted earnings of 75 cents per share which beat the analyst consensus estimate of 62 cents and represents a 167.86% increase from the same period last year. Quarterly sales clocked in at $2.96 billion which beat the analyst consensus estimate of $2.94 billion and is a 39.58% increase over sales of $2.12 billion from the same quarter last year.

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