Auteur Sujet: mewm Why Obsidian Energy Stock Is up Over 17% This Week  (Lu 23 fois)

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mewm Why Obsidian Energy Stock Is up Over 17% This Week
« le: Septembre 25, 2024, 05:26:57 pm »
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 The August earnings period is off to a favourable start as a number of large companies have posted better-than-expected results, leading to a surge on some stocks.One of those companies is Magna international Inc.  TSX:MG  NYSE:MGA . The auto parts maker s second-quarter results came in strong. Here s a l stanley cup nz ook at those results and what investors can expect next.Quarterly resultsMagna stanley bottles 聽posted US$558 million in earnings for the quarter, an increase of 3.7% over the same quarter last year. Earnings per share came in聽at US$1.41 per share, an increase over the US$1.29 per share posted for the same quarter last year.These results came as a pleasant surprise to many, as most analysts were expecting the company to post lower earnings of US$1.34 per share. The surprise has sent the stock soaring over聽5%.In terms of total revenue, Magna posted an incredible US$9.44 billion in revenue for the quarter, a whopping 16.1% increase over the US$8.13 billio stanley cups uk n posted for the same quarter last year.聽Much of t