The Norwegian Daybreak cruise ship arriving within the French Mediterranean port of Marseille, July 27, 2021.
Gerard Bottino | SOPA Pictures | LightRocket | Getty Pictures
Take a look at the businesses making headlines in noon buying and selling Tuesday.
Hims & Hers Health — Shares of the telehealth inventory soared by 17% after the corporate reported quarterly outcomes that surpassed estimates. Him & Hers Well being reported a lack of 5 cents per share on income of $167.2 million. Analysts anticipated a lack of 7 cents per share on income of $161.2 million, based on Refinitiv.
Target — Shares rose 2.6% after the retailer’s fiscal fourth-quarter earnings and income beat expectations. Earnings per share got here in at $1.89, versus the $1.40 consensus of analysts polled by Refinitiv. Nevertheless, Goal’s full-year earnings steering got here in under expectations.
Dish — Shares of the satellite tv for pc supplier misplaced 7.3% after the corporate disclosed {that a} beforehand disclosed “community outage” was the results of a cybersecurity breach. Bank of America also double-downgraded the inventory to the inventory to underperform from purchase. The financial institution mentioned Dish may fall practically 20% as the corporate’s timeline for its wi-fi community service build-out extends.
Advance Auto Parts — The automotive aftermarket components firm gained 3.3% after reporting better-than-expected income and fourth-quarter earnings of $2.88 per share, topping StreetAccount’s estimate of $2.41.
Zoom Video Communications — The video communications firm superior 1.2% after Zoom posted a top- and bottom-line beat for the fourth quarter. Zoom’s full-year income steering got here in lighter than anticipated, however topped estimates on its earnings steering for 2023.
Norwegian Cruise Line Holdings — The cruise firm fell 12% after reporting a wider-than-expected loss for the fourth quarter. Norwegian misplaced an adjusted $1.04 per share on $1.52 billion of income. Analysts surveyed by Refinitiv had forecast an 85 cents per share loss on income of $1.5 billion.
Workday — The inventory rose barely after the human sources software program firm topped expectations for fourth-quarter income and earnings. Workday’s income steering for the primary quarter was lighter than anticipated, nevertheless.
Meta — Shares of the Fb mother or father rose 3.3%. Financial institution of America included Meta in its top picks in synthetic intelligence. On Monday, the corporate introduced it’s launching a brand new group to develop AI merchandise for the corporate.
Universal Health Services — Shares misplaced 9% after the corporate issued disappointing earnings steering for the total 12 months. Common Well being Providers expects full-year earnings per share to vary between $9.50 and $10.50 per share. Analysts anticipated steering round $10.80 per share, based on StreetAccount.
— CNBC’s Michelle Fox Theobald contributed reporting.
