Canadian Solar Inc. (NASDAQ:CSIQ) shares slumped after the company’s second quarter earnings disappointed and it issued weak guidance for the rest of the year.
The company lowered its full-year 2025 revenue guidance to a range of $5.6 billion to $6.3 billion from a previous $6.1 billion to $7.1 billion.
Coty Inc (NYSE:COTY) reported a surprise loss for the fiscal fourth quarter, sending its shares more than 20% lower on Thursday.
The beauty brand reported a loss of $72.1 million, an improvement from a loss of $100.2 million in the year-ago period but worse than expectations of a profit of $37.6 million.
Walmart Inc (NYSE:WMT, ETR:WMT) shares moved lower as the company reported an earnings miss for the second quarter and said it is experiencing higher costs due to tariffs.
For the quarter, the grocery giant posted earnings per share (EPS) of $0.68, below estimates of $0.74.
James Hardie Industries (NYSE:JHX) shares tumbled more than 35% on Wednesday, marking their steepest one-day drop since 1973, after the building materials company posted weaker-than-expected quarterly results and sharply cut its outlook for the year.
The maker of fiber cement siding and other home construction products reported fiscal first quarter net income of $62.6 million, or $0.15 per share, down from $155.3 million, or $0.36 per share, a year earlier.
Estee Lauder Companies Inc (NYSE:EL, ETR:ELAA) shares tumbled as the beauty giant’s fiscal year 2026 outlook fell short of expectations amid tariffs and consumer weakness in its major markets.
The company said it expects adjusted earnings per share (EPS) in the range of $1.90 to $2.10, below Street forecasts of $2.21.
Target Corp (NYSE:TGT) shares were set to drop on Wednesday as the retailer announced a change of CEO and reported earnings that narrowly beat expectations.
The S&P 500 company said chief operating officer Michael Fiddelke will succeed Brian Cornell as chief executive from next February, after over a decade in the role.
Home Depot Inc (NYSE:HD, ETR:HDI) shares moved higher as the home improvement retailer reaffirmed its full-year guidance despite reporting revenue and earnings below expectations for the second quarter.
The company continues to expect sales growth of 2.8% and comparable sales growth of 1% for 2025.
Palo Alto Networks Inc (NYSE:PANW, ETR:5AP) shares moved higher afterhours as the cybersecurity firm reported an earnings beat for the fiscal fourth quarter.
Profit for the quarter was $673 million or $0.95 per share, ahead of estimates of $0.89.