The Latest
Check out the companies making headlines over the long term. CSX — CSX’s first-quarter revenue and profit beat Wall Street estimates, sending rail and real estate stocks up about 1%. The railroad reported earnings of 46 cents a share on revenue of $3.68 billion, while analysts polled by LSEG expected earnings of 45 cents a share on revenue of $3.67 billion. CSX also reiterated full-year 2024 revenue growth and sales guidance. Las Vegas Sands — Las Vegas Sands’ first-quarter revenue came in slightly above expectations, sending the casino operator’s shares down 2%. The company reported adjusted earnings of 75 cents per share on revenue of $2.96 billion, while analysts polled by LSEG expected earnings of 62 cents per share on revenue of $2.94 billion. Alcoa — Shares of Alcoa rose 2.7% after the aluminum producer’s first-quarter revenue topped analysts’ expectations. Alcoa reported revenue of $2.6 billion, while analysts polled by LSEG expected revenue of $2.56 billion. The company reported a loss of 81 cents per share, beating expectations, while analysts expected a loss of 55 cents per share. Equifax — The consumer credit reporting company’s second-quarter guidance fell short of Wall Street expectations, sending its shares down 7%. Equifax forecast second-quarter earnings of $1.65 to $1.75 per share, while analysts polled by FactSet expected earnings of $1.87 per share. Equifax’s second-quarter revenue guidance also came in below expectations.