Stocks · News reference
Somnigroup International (NYSE:SGI) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered by Benzinga APIs. For comprehensive financial
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Lowe's reported Q2 adjusted EPS of $4.40, beating estimates of $4.22, but revenues of $25.96B missed the $26.14B consensus. The company lowered its fiscal 2026 outlook citing weak DIY demand and current macro trends. Shares have declined 10.7% since earnings, and the stock received a Zacks Rank #4 (Sell) rating with downward estimate revisions of -7.5%.
ON Semiconductor, Carlyle and Coeur Mining led decliners in the hour after the Fed chair spoke. Economists split on whether October or December brings another hike.
Analysts raised price targets for Meta, IREN, Coinbase, Roblox and others; IREN and Coinbase were upgraded, while other ratings held steady.