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U.S. stocks fell Friday, led by Nasdaq’s 1.86% drop; energy rose, communication services sank. Oil topped $100 as CFG beat earnings estimates.
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Citizens Financial Group (NYSE:CFG) reported third-quarter financial results on Friday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga
Companies Reporting Before The Bell • Travelers Companies (NYSE:TRV) is estimated to report quarterly earnings at $7.35 per share on revenue of $11.30 billion. • Truist Finl (NYSE:TFC) is likely to report quarterly
Board of directors increased the capacity of its common share repurchase program to $1.95 billion, an increase of $1.3 billion above the $650 million of capacity currently remaining under the prior June 2025
Fox Factory Holding (NASDAQ:FOXF) lowers Q3 sales outlook from $355.000 million-$380.000 million to $336.000 million-$340.000 million vs $367.560 million estimate.
Fox Factory Holding (NASDAQ:FOXF) sees Q4 sales of $287.000 million-$313.000 million vs $348.488 million analyst estimate.
Fox Factory Holding (NASDAQ:FOXF) lowers FY2026 sales outlook from $1.420 billion-$1.470 billion to $1.350 billion-$1.380 billion vs $1.443 billion estimate.