Tempur Sealy Posts Upbeat Earnings, Joins FibroGen, Coca-Cola Consolidated, Fabrinet And Other Big Stocks Moving Higher On Tuesday

Author: Avi Kapoor | May 07, 2024 10:53am

U.S. stocks were higher, with the Dow Jones gaining over 80 points on Tuesday.

Shares of Tempur Sealy International, Inc. (NYSE:TPX) rose sharply during Tuesday's session following upbeat quarterly earnings.

Tempur Sealy reported a first-quarter FY24 sales decline of 1.5% year-on-year to $1.189 billion, missing the analyst consensus estimate of $1.213 billion. Adjusted EPS of 50 cents beat the analyst consensus of 48 cents, according to data from Benzinga Pro.

Tempur Sealy International shares gained 6.6% to $53.48 on Tuesday.

Here are some other big stocks recording gains in today's session.

• Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) shares jumped 31.5% to $9.26 following better-than-expected first-quarter financial results.
• Dave Inc. (NYSE:DAVE) rose 25% to $58.20 after the company reported better-than-expected first-quarter financial results and issued FY24 operating revenue.
• Thoughtworks Holding, Inc. (NASDAQ:TWKS) climbed 22% to $3.0750 after the company issued strong guidance.
• The Real Brokerage Inc. (NASDAQ:REAX) rose 21.5% to $5.07 following strong quarterly sales.
• Zeta Global Holdings Corp. (NASDAQ:ZETA) shares surged 21% to $15.72 after the company reported better-than-expected first-quarter financial results and increased its second-quarter revenue guidance.
• Bandwidth Inc. (NASDAQ:BAND) rose 19.2% to $24.45 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
• ADTRAN Holdings, Inc. (NASDAQ:ADTN) rose 18.4% to $5.58 following upbeat quarterly results.
• Jumia Technologies AG (NASDAQ:JMIA) climbed 18.3% to $6.47 after the company reported a year-over-year increase in first-quarter revenue results.
• Ambac Financial Group, Inc. (NYSE:AMBC) shares rose 16.5% to $17.64 following better-than-expected first-quarter earnings.
• FibroGen, Inc.  (NASDAQ:FGEN) climbed 15.5% to $1.34 after the company reported mixed first-quarter financial results.
• Sterling Infrastructure, Inc. (NASDAQ:STRL) gained 15.1% to $121.27 after the company reported better-than-expected first-quarter financial results.
• Coca-Cola Consolidated, Inc. (NASDAQ:COKE) rose 14.5% to $981.96 following first-quarter results.
• Fabrinet (NYSE:FN) jumped 14% to $215.29 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance above estimates.
• J&J Snack Foods Corp. (NASDAQ:JJSF) rose 13.5% to $156.51 following better-than-expected quarterly results.
• Artivion, Inc. (NYSE:AORT) rose 13.4% to $23.90 following strong quarterly results.
• EverQuote, Inc. (NASDAQ:EVER) surged 12.7% to $24.09 after the company reported better-than-expected first quarter financial results and issued second quarter revenue guidance above estimates.
• Air Transport Services Group, Inc. (NASDAQ:ATSG) jumped 12.7% to $14.94 following upbeat earnings.
• Surgery Partners, Inc. (NASDAQ:SGRY) rose 9.3% to $27.98 following upbeat earnings.
• ImmunityBio, Inc. (NASDAQ:IBRX) climbed 9.3% to $8.54.
• Crocs, Inc. (NASDAQ:CROX) rose 8.6% to $137.52 following first quarter financial results.
• Symbotic Inc.  (NYSE:SYM) shares gained 8.1% to $45.33 after the company reported mixed second-quarter financial results.
• Mueller Water Products, Inc. (NYSE:MWA) rose 8.3% to $17.92 after the company reported better-than-expected seconc-quarter financial results and announced that Marietta Edmunds Zakas has been appointed Chief Executive Officer.
• UBS Group AG (NYSE:UBS) shares rose 8% to $29.81 after the company posted better-than-expected results for its first quarter.
• Summit Therapeutics Inc. (NASDAQ:SMMT) gained 7% to $4.7550. Citigroup analyst Yigal Nochomovitz initiated coverage on Summit Therapeutics with a Buy rating and announced a price target of $7.
• Hims & Hers Health, Inc. (NYSE:HIMS) shares rose 6.9% to $12.45 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
• Otter Tail Corporation (NASDAQ:OTTR) jumped 5.9% to $96.00 following first-quarter earnings.
• Fidelity National Information Services, Inc. (NYSE:FIS) gained 5.3% to $74.17 as the company reported better-than-expected first-quarter financial results and announced a $500 million increase to 2024 share repurchase goal.
• NRG Energy, Inc. (NYSE:NRG) gained 5.1% to $81.86 following upbeat earnings.

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Posted In: ADTN AMBC AORT ATSG BAND COKE CROX DAVE EVER FGEN FIS FN GLDD HIMS IBRX JJSF JMIA MWA NRG OTTR