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Day: July 31, 2022

Jul 31
Newell Brands stock drops after profit beat expectations, but outlook was below forecasts

Shares of Newell Brands Inc. NWL, -2.32% dropped 3.0% in premarket trading Friday, after the consumer goods company, with brands including Rubbermaid, Sharpie, Paper Mate and Graco, reported second-quarter profit that beat expectations but revenue that missed and provided a downbeat outlook. Net income rose to $204 million, or 49 cents a share, from $197 […]

Jul 31
Charter earnings top expectations but company shows loss of internet subscribers

Charter Communications Inc. CHTR, -0.80% topped expectations with its latest revenue and income figures Friday but disclosed that it lost internet subscribers in the second quarter. Charter posted net income of $1.47 billion, of $8.96 a share, up from $1.02 billion, or $5.48 a share, in the year-prior quarter. Analysts tracked by FactSet were anticipating […]

Jul 31
Outback parent Bloomin’ Brands beats on earnings and raises revenue outlook but revises profit guidance below expectations

Bloomin’ Brands Inc. BLMN, +3.08% reported a second-quarter net loss of $63.6 million, or 72 cents per share, after net income of $82.5 million, or 75 cents per share, last year. Adjusted EPS of 68 cents beat the FactSet consensus of 62 cents. Revenue of $1.125 billion was up from $1.077 billion last year and […]

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