Company News for Jun 23, 2023
Shares of Commercial Metals Company (CMC) gained jumped 8.8% after the company reported third-quarter fiscal 2023 earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.84 per share.
Methode Electronics, Inc.’s (MEI) shares plummeted 9.3% after the company reported fourth-quarter fiscal 2023 earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.23 per share.
Shares of Spirit AeroSystems Holdings, Inc. (SPR), a supplier of The Boeing Company (BA) tumbled 9.4% after the company halted production at its Kansas factory after its unionized workers voted for a strike.
Logitech International S.A.’s (LOGI) shares rose 2.2% after the company said that its shareholders have approved a new share buyback program of up to $1 billion.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Boeing Company (BA) : Free Stock Analysis Report
Logitech International S.A. (LOGI) : Free Stock Analysis Report
Spirit Aerosystems Holdings, Inc. (SPR) : Free Stock Analysis Report
Commercial Metals Company (CMC) : Free Stock Analysis Report
Methode Electronics, Inc. (MEI) : Free Stock Analysis Report