Company News for March 7, 2022

  • Shares of Broadcom Inc. AVGO gained 3% after the company reported non-GAAP fiscal 2022 first-quarter earnings of $8.39 per share, beating Zacks consensus estimate of 8, $16 per share.
  • COO shares of Cooper Companies, Inc. gained 1.8% after the company reported adjusted earnings of $3.24 per share in the first quarter of fiscal 2022, beating the Zacks consensus estimate of $3.08 per share.
  • Shares of Elastic NV ESTC fell 1.4% after the company reported a loss of $0.12 per share in the third quarter of fiscal 2022, above the Zacks consensus estimate of a loss of $0.22 per share.
  • Shares of PowerSchool Holdings, Inc.’s PWSC jumped 11.5% after the company reported earnings of $0.14 per share in the fourth quarter of 2021, beating Zacks’ consensus estimate of a loss of $0.14 per share. $0.02 per share.

The infrastructure stock boom will sweep America

A massive push to rebuild America’s crumbling infrastructure will soon be underway. It is bipartisan, urgent and inevitable. Billions will be spent. Fortunes will be made.

The only question is “Are you going to get into good stocks early when their growth potential is greatest?”

Zacks released a special report to help you do just that, and today it’s free. Discover 5 special companies looking to make the most of building and repairing roads, bridges and buildings, as well as transporting goods and transforming energy on an almost unimaginable scale.

Download FREE: How to Leverage Trillions of Dollars in Infrastructure Spending >>

Click to get this free report

The Cooper Companies, Inc. (COO): Free Stock Analysis Report

Broadcom Inc. (AVGO): Free Stock Analysis Report

Elastic NV (ESTC): Free Stock Analysis Report

PowerSchool Holdings, Inc. (PWSC): Free Stock Analysis Report

To read this article on Zacks.com, click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Karen J. Nelson