Centurylink (NYSE: CTL) reported second-quarter financial results after the regular trading hours on Wednesday. Both revenue and EPS for the quarter came in better than the Wall Street projections.
CTL shares rose 4.6% immediately following the announcement. The stock has declined 31% so far this year.
CFO Neel Dev said, “We are lowering our interest expense outlook for the year by about $100 million, driven by progress on our deleveraging and refinancing initiatives along with a low-interest-rate environment.”
Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of
Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered
Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company