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Company News for Feb 8, 2024

  • Shares of Ares Capital Corporation (ARCC) gained 1.3% after the company reported fourth-quarter 2023 earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.59 per share.

  • Emerson Electric Co.’s (EMR) shares surged 10.4% after the company reported first-quarter fiscal 2024 earnings of $1.22 per share, surpassing the Zacks Consensus Estimate of $1.04 per share.

  • Shares of Ford Motor Company (F) jumped 6.1% after the company reported fourth-quarter 2023 earnings of $0.29 per share, outpacing the Zacks Consensus Estimate of $0.12 per share.

  • Gilead Sciences, Inc.’s (GILD) shares declined 4.3% after the company reported fourth-quarter 2023 earnings of $1.72 per share, missing the Zacks Consensus Estimate of $1.76 per share.

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