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.”
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2020, reflecting a marked increase in merchandise sales. The results also topped analysts’
The disruption caused by coronavirus has affected almost all sectors except business service providers like Cintas Corporation (NASDAQ: CTAS), which is busy helping clients maintain hygiene and safety during the
Rite Aid Corporation (NYSE: RAD) reported a narrower loss in the second quarter of 2021. Net loss shrank to $0.25 per share in the recently ended quarter from $1.49 per