Company reports
Amgen released its second-quarter results on Tuesday, beating analysts' estimates. The earnings figure exceeded forecasts.
The company reported earnings per share of $4.38 and revenues of $6.53B.
Amgen's share price, up 6% this year, has performed worse than the average according to the S&P 500 index, up 17% since the beginning of the year.
Activision Blizzard report
Activision Blizzard also reported results for the second quarter. The revenue figure exceeded forecasts.
The company reported earnings per share of $0.91 and revenues of $1.92B.
Activision Blizzard shares gained 1.59% to trade at $78.59 at the after market close, according to the report.
Activision Blizzard's share price, down 13% this year, has performed worse than average according to the S&P 500 index, having risen 17% since the start of the year.
Microchip report
Microchip released a report on Tuesday with first-quarter results that beat analysts' estimates. The revenue figure exceeded forecasts.
The company reported earnings per share of $1.98 and revenues of $1.57B.
Microchip's stock price, up 6% this year, has performed worse than the average according to the Nasdaq 100 index, having risen 16% since the beginning of the year.
ConocoPhillips report
ConocoPhillips (NYSE:COP) reported second-quarter results on Tuesday that beat analysts' estimates. The earnings figure fell short of forecasts.
The company reported earnings per share of $1.27 and revenue of $9.72B.
ConocoPhillips shares rose 2.00% to trade at $56.49 intraday, according to the report.
ConocoPhillips shares, up 41% this year, have performed better than the S&P 500 Index overall, rising 17% since the start of the year.
Ralph Lauren report
US luxury goods maker Ralph Lauren Corp on Tuesday reported a sharp jump in quarterly sales and raised its full-year revenue forecast thanks to a rebound in demand for luxury goods.
Ralph Lauren now expects revenue in fiscal 2022 to grow 25-30% instead of the previous estimate of 20-25% growth.
The company's net revenues jumped almost three times year on year to $1.38 billion in the quarter ended 26 June.
Ralph Lauren posted an adjusted profit of $2.2 in the previous quarter.
