Company News for Sep 29, 2022

• Shares of Progress Software Corp. PRGS rose 1.9% after reporting third-quarter fiscal 2022 adjusted earnings per share of $1, surpassing the Zacks Consensus Estimate of $0.97.  

• Shares of Thor Industries Inc. THO climbed 4.5% after posting fourth-quarter fiscal 2022 adjusted earnings per share of $5.15, outpacing the Zacks Consensus Estimate of $4.13.   

• Cintas Corp.’s CTAS shares surged 2.9% after the company posted first-quarter fiscal 2023 adjusted earnings per share of $3.39, exceeding the Zacks Consensus Estimate $3.15.

• Apple Inc.’s AAPL shares fell 1.3% following news that the company is mulling to drop its plan to increase the production of new iPhone due to lack of demand. 

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