Cintas Posts Upbeat Earnings, Joins CommScope Holding, Virtu Financial And Other Big Stocks Moving Higher On Thursday
$BKU
$CHUY
$COMM
$CSIQ
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U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Thursday.
Shares of Cintas Corporation (NASDAQ:CTAS) rose during Thursday's session after the company reported better-than-expected quarterly EPS and revenues.
Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro.
Cintas shares gained 5.3% to $758.25 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Chuy’s Holdings, Inc. (NASDAQ:CHUY) shares gained 47.6% to $37.29 after the company and Darden Restaurants, Inc. (NYSE:DRI) jointly announced that Darden will acquire Chuy's Holdings.
- CommScope Holding Company, Inc. (NASDAQ:COMM) jumped 19% to $2.0407. Amphenol announced plans to acquire mobile networks businesses from CommScope.
- ZimVie Inc. (NASDAQ:ZIMV) shares rose 14.7% to $21.74.
- Virtu Financial, Inc. (NASDAQ:VIRT) surged 13.2% to $26.61 after the company reported better-than-expected second-quarter financial results.
- D.R. Horton, Inc. (NYSE:DHI) shares gained 10.6% to $174.29 after the company reported better-than-expected third-quarter financial results and revised its FY24 guidance. Also, the company authorized a new $4 billion share repurchase.
- OPKO Health, Inc. (NASDAQ:OPK) rose 8.5% to $1.54. The company announced a $100 million share repurchase program.
- Canadian Solar Inc. (NASDAQ:CSIQ) surged 8.3% to $17.89.
- Legend Biotech Corporation (NASDAQ:LEGN) rose 7.5% to $59.12. HC Wainwright & Co. analyst Mitchell Kapoor reiterated Legend Biotech with a Buy and maintained a $73 price target.
- Infosys Limited (NYSE:INFY) gained 7.4% to $22.07 as the company reported first-quarter revenue growth of 2.5% in constant currency terms year-on-year to $4.71 billion, beating the analyst consensus estimate of $4.65 billion.
- Root, Inc. (NASDAQ:ROOT) rose 7.4% to $85.29. Root is scheduled to host a conference call to discuss financial results for the second quarter on Wednesday, Aug. 7.
- Materialise NV (NASDAQ:MTLS) jumped 7.2% to $5.85. Materialise is expected to release financial results for the second quarter on Wednesday, July 31.
- BankUnited, Inc. (NYSE:BKU) gained 6.6% to $36.95 after the company reported better-than-expected quarterly financial results.
- Quanta Services, Inc. (NYSE:PWR) gained 6.5% to $260.95 after the company completed the acquisition of Cupertino Electric.
- Meritage Homes Corporation (NYSE:MTH) rose 6.1% to $201.54.
- Toll Brothers, Inc. (NYSE:TOL) rose 6% to $135.83 in sympathy with D.R. Horton, which reported better-than-expected third-quarter financial results.
- Warner Bros. Discovery, Inc. (NASDAQ:WBD) gained 5.2% to $8.76 after the Financial Times reported that the company has discussed plans to split its digital streaming and studio businesses from its legacy television networks.
- Intel Corporation (NASDAQ:INTC) gained 4.4% to $35.97.
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