Company News for July 26, 2022
- Shares of Newmont Corporation NEM fell 13.2% after reporting adjusted earnings of $0.46 per share in the second quarter of 2022, missing Zacks’ consensus estimate of $0.60 per share.
- VLO shares of Valero Energy Corporation rose 5.1% on higher oil prices.
- Shares of Community Bank System, Inc. CBU rose 1% after reporting second-quarter 2022 revenue of $167.2 million, beating Zacks’ consensus estimate of $162.3 million.
- META shares of Meta Platforms, Inc. fell 1.6% on concerns about declining digital ad spending in the industry.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.