Following the release of its quarterly earnings, shares of Avis Budget Group increased by 2%. Refinitiv stated that Avis’ adjusted earnings per share came in at $21.70, exceeding expectations of $14.64.
Stryker – The maker of medical technology had a 5.5% decline after reporting a top-line loss in its most recent quarterly earnings. Refinitiv reported that Stryker’s adjusted earnings per share came in at $2.12 vs projections of $2.23. The business narrowly outperformed forecasts for revenue.
Hologic- Shares of the medical supplier increased 7.5% as it outperformed analysts’ forecasts for the most recent quarter in all top and bottom line metrics, according to Street Account. For the fiscal year that ends in September 2023, the business forecasts earnings per share in the range of $3.30 and $3.60, vs FactSet’s forecast of $3.43, and sales in the range of $3.7 billion and $3.9 billion.
Company of Goodyear Tires & Rubber The tyre company’s stock fell by more than 8%. Goodyear reported a $5.31 billion revenue and a quarterly profit per share of 40 cents. According to Street Account, analysts anticipated earnings of 55 cents a share on a $5.36 billion in revenue.
In post-market trading, IDEXX Laboratories saw a 2.8% increase as investors anticipated earnings due out on Tuesday before the market opened. The science company has a focus on animals and water.