Mid-Afternoon Market Update: Crude Oil Jumps 5%; Fed Boosts Interest Rates By 0.5%
U.S. stocks traded mixed toward the end of trading, after the Federal Reserve announced its policy decision.
Earnings Scheduled For May 3, 2022
Companies Reporting Before The Bell
• Kiniksa Pharmaceuticals (NASDAQ:KNSA) is projected to report earnings for its first quarter.
A Preview Of Summit Midstream Partners’s Earnings
Summit Midstream Partners (NYSE:SMLP) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement.
Analysts estimate that Summit Midstream Partners will report an earnings per share (EPS) of $-1.08.
Wells Fargo Maintains Underweight on Summit Midstream Partners, Raises Price Target to $16
Wells Fargo analyst Praneeth Satish maintains Summit Midstream Partners (NYSE:SMLP) with a Underweight and raises the price target from $14 to $16.
93 Biggest Movers From Friday
Gainers
Inspirato Incorporated (NASDAQ: ISPO) shares surged 50.5% to close at $54.90.
45 Stocks Moving In Friday’s Mid-Day Session
Gainers
KAR Auction Services, Inc. (NYSE: KAR) shares climbed 39.2% to $19.05 after the company agreed to sell its ADESA U.S. physical auction business to Carvana for $2.2 billion. Guggenheim upgraded KAR Auction Services from Sell to Neutral.
Earnings Scheduled For February 25, 2022
Companies Reporting Before The Bell
• ACM Research (NASDAQ:ACMR) is estimated to report quarterly earnings at $0.64 per share on revenue of $89.53 million.
Earnings Preview For Summit Midstream Partners
Summit Midstream Partners (NYSE:SMLP) is set to give its latest quarterly earnings report on Friday, 2022-02-25. Here's what investors need to know before the announcement.
Analysts estimate that Summit Midstream Partners will report an earnings per share (EPS) of $-0.68.
Summit Midstream Partners Announces Commencement Of Service On Double E Pipeline
Summit Midstream Partners, LP (NYSE:SMLP) (the "Partnership") announced today that Double E Pipeline, LLC ("Double E"), a joint venture in which SMLP owns a 70% equity interest and serves as
Summit Midstream Partners Q3 Sales $102.05M Beat $80.30M Estimate
Summit Midstream Partners (NYSE:SMLP) reported quarterly sales of $102.05 million which beat the analyst consensus estimate of $80.30 million by 27.08 percent. This is a 13.19 percent increase over sales of $90.15