09:56 AM EDT, 08/07/2024 (MT Newswires) -- CVS Health ( CVS ) on Wednesday cut its full-year earnings outlook and reported an annual decline in second-quarter profit amid continued headwinds in the company's health care benefits segment. CVS now anticipates adjusted earnings between $6.40 and $6.65 in 2024, down from its previous forecast of at least $7. The consensus on...

Emerson Electric Co shares are trading lower on Wednesday after the company reported third-quarter FY24 net sales growth of 11% Y/Y to $4.38 billion, beating the consensus of $4.29 billion. Underlying sales were up 3% Y/Y, and underlying orders increased by 3% Y/Y in the quarter. Sales by Segments: Final Control $1.05 billion (+1% Y/Y), Measurement & Analytical $982 million (+8% Y/Y), Discrete Automation $618 million (-8% Y/Y); Safety & Productivity $351 million (-3% Y/Y),...

09:50 AM EDT, 08/07/2024 (MT Newswires) -- MannKind ( MNKD ) shares were up nearly 2% in recent Wednesday trading after the company posted higher Q2 non-GAAP net income and revenue. The company reported Q2 non-GAAP net income of $0.05 per share, compared with breakeven results a year earlier. Four analysts surveyed by Capital IQ expected earnings of $0.01. Revenue...

Ralph Lauren Corporation ( RL ) reported first-quarter FY25 adjusted earnings per share of $2.70, beating the analyst consensus of $2.47. Quarterly revenues of $1.512 billion beat the street view of $1.492 billion. In the first quarter, Ralph Lauren ( RL ) reported a 1% increase in revenue on a reported basis and a 3% increase in constant currency, surpassing expectations....