Reply To: Traders Market Weekly: Two Tribes Go to War

#33965
Truman
Participant

Lowe’s (LOW 219.99, +5.40): +2.5% after beating top and bottom-line estimates and guiding FY23 EPS above consensus.

Palo Alto Networks (PANW 512.21, +36.70): +7.7% after beating top and bottom-line estimates, guiding fiscal Q3 EPS above consensus, and guiding FY22 revenue above consensus. JP Morgan upgraded PANW to Neutral from Underweight.

TJX Companies (TXJ 60.50, -4.75): -7.3% after missing revenue estimates. TJX announced a 13% dividend increase and a new $3 billion share repurchase program.

Caesars Entertainment (CZR 80.00, +3.43): +4.5% after providing in-line revenue results.

Mosaic (MOS 42.00, -2.19): -5.0% after missing top and bottom-line estimates. The company also authorized a new $1 billion share repurchase program and increased its annual dividend to $0.60 per share from $0.45 per share.