Tempur Sealy Posts Upbeat Earnings, Joins FibroGen, Coca-Cola Consolidated, Fabrinet And Other Big Stocks Moving Higher On Tuesday
U.S. stocks were higher, with the Dow Jones gaining over 80 points on Tuesday.
Shares of Tempur Sealy International, Inc. (NYSE:TPX) rose sharply during Tuesday's session following upbeat quarterly earnings.
Tempur Sealy reported a first-quarter FY24 sales decline of 1.5% year-on-year to $1.189 billion, missing the analyst consensus estimate of $1.213 billion. Adjusted EPS of 50 cents beat the analyst consensus of 48 cents, according to data from Benzinga Pro.
Tempur Sealy International shares gained 6.6% to $53.48 on Tuesday.
Here are some other big stocks recording gains in today's session.
- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) shares jumped 31.5% to $9.26 following better-than-expected first-quarter financial results.
- Dave Inc. (NYSE:DAVE) rose 25% to $58.20 after the company reported better-than-expected first-quarter financial results and issued FY24 operating revenue.
- Thoughtworks Holding, Inc. (NASDAQ:TWKS) climbed 22% to $3.0750 after the company issued strong guidance.
- The Real Brokerage Inc. (NASDAQ:REAX) rose 21.5% to $5.07 following strong quarterly sales.
- Zeta Global Holdings Corp. (NASDAQ:ZETA) shares surged 21% to $15.72 after the company reported better-than-expected first-quarter financial results and increased its second-quarter revenue guidance.
- Bandwidth Inc. (NASDAQ:BAND) rose 19.2% to $24.45 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
- ADTRAN Holdings, Inc. (NASDAQ:ADTN) rose 18.4% to $5.58 following upbeat quarterly results.
- Jumia Technologies AG (NASDAQ:JMIA) climbed 18.3% to $6.47 after the company reported a year-over-year increase in first-quarter revenue results.
- Ambac Financial Group, Inc. (NYSE:AMBC) shares rose 16.5% to $17.64 following better-than-expected first-quarter earnings.
- FibroGen, Inc. (NASDAQ:FGEN) climbed 15.5% to $1.34 after the company reported mixed first-quarter financial results.
- Sterling Infrastructure, Inc. (NASDAQ:STRL) gained 15.1% to $121.27 after the company reported better-than-expected first-quarter financial results.
- Coca-Cola Consolidated, Inc. (NASDAQ:COKE) rose 14.5% to $981.96 following first-quarter results.
- Fabrinet (NYSE:FN) jumped 14% to $215.29 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance above estimates.
- J&J Snack Foods Corp. (NASDAQ:JJSF) rose 13.5% to $156.51 following better-than-expected quarterly results.
- Artivion, Inc. (NYSE:AORT) rose 13.4% to $23.90 following strong quarterly results.
- EverQuote, Inc. (NASDAQ:EVER) surged 12.7% to $24.09 after the company reported better-than-expected first quarter financial results and issued second quarter revenue guidance above estimates.
- Air Transport Services Group, Inc. (NASDAQ:ATSG) jumped 12.7% to $14.94 following upbeat earnings.
- Surgery Partners, Inc. (NASDAQ:SGRY) rose 9.3% to $27.98 following upbeat earnings.
- ImmunityBio, Inc. (NASDAQ:IBRX) climbed 9.3% to $8.54.
- Crocs, Inc. (NASDAQ:CROX) rose 8.6% to $137.52 following first quarter financial results.
- Symbotic Inc. (NYSE:SYM) shares gained 8.1% to $45.33 after the company reported mixed second-quarter financial results.
- Mueller Water Products, Inc. (NYSE:MWA) rose 8.3% to $17.92 after the company reported better-than-expected seconc-quarter financial results and announced that Marietta Edmunds Zakas has been appointed Chief Executive Officer.
- UBS Group AG (NYSE:UBS) shares rose 8% to $29.81 after the company posted better-than-expected results for its first quarter.
- Summit Therapeutics Inc. (NASDAQ:SMMT) gained 7% to $4.7550. Citigroup analyst Yigal Nochomovitz initiated coverage on Summit Therapeutics with a Buy rating and announced a price target of $7.
- Hims & Hers Health, Inc. (NYSE:HIMS) shares rose 6.9% to $12.45 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
- Otter Tail Corporation (NASDAQ:OTTR) jumped 5.9% to $96.00 following first-quarter earnings.
- Fidelity National Information Services, Inc. (NYSE:FIS) gained 5.3% to $74.17 as the company reported better-than-expected first-quarter financial results and announced a $500 million increase to 2024 share repurchase goal.
- NRG Energy, Inc. (NYSE:NRG) gained 5.1% to $81.86 following upbeat earnings.
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