For the list of companies making stock price movements, you would find Danaher coming up on top of the watch list. The medical and diagnostic equipment-making company has recently shared its earnings report for the third quarter of 2021. The company has announced that the earnings it generated in the third quarter are higher than the analysts had predicted in the first place. The earnings that the company generated for the third quarter of 2021 were $2.39 per share. However, the earnings estimations made by the analysts were $2.15 per share. This means that the company has achieved 24 cents per share more earnings in the third quarter of 2021.
The reason behind Danaher’s increase in earnings is due to the treatment and testing for the COVID-19 cases that contributed to an increase in the company’s earnings. Despite the positive and promising earnings report, the company’s share prices did not show any significant movements.
Blackstone comes next in the list experiencing a 2.8% increase in the share prices in the premarket trading market. Blackstone experienced a rise in share prices after sharing its earnings report for the third quarter of 2021. Blackstone is a major private equity firm that has gained an increase in share prices after sharing its earnings report for the third quarter of 2021. The company has revealed that for the third quarter of 2021, the analysts had set the earnings estimations to 91 cents per share.
However, the company has generated earnings worth $1.28 per share. The company has revealed that starting the third quarter of 2021, they have started recording higher and strong investments. The company has also benefited from other factors where the company’s performance is on top of the list.
The major chemical maker, Dow Inc. comes next on the list experiencing a rise in its share prices. The company experienced the rise after it shared its earnings report for the recently ended quarter. Sharing the earnings report has actually helped the company gain a 1.2% rise in its share prices in the premarket trading. Dow Inc. has reported that in the third quarter of 2021, earnings worth $2.75 per share were generated. The earnings generated were 19 cents per share more than what the analysts had predicted.
Quest Diagnostics is next on the list that has reportedly experienced a 3.4% increase in premarket trading. Like the rest of the companies, Quest Diagnostics also shared its earnings report recently which has helped it gain the rise in its share prices. The company has delivered a performance better than the expectations set by the analysts. The medical lab operator’s actual earnings were $3.96 per share versus the $2.88 per share estimations set by the analysts for the third quarter of 2021.