Q3 Earnings: Strong Growth, Mixed Market Reactions

Third quarter earnings season delivers robust results, surpassing expectations with a 13.4% jump in earnings per share. Despite mixed market reactions, companies that beat estimates saw modest stock price increases, while those that missed estimates experienced steeper declines. Looking ahead, major retailers and tech giants will report their earnings, with MongoDBs stock surging 15% after beating revenue guidance, and Workdays stock falling despite rising earnings due to lower-than-expected subscription revenue guidance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.