Let’s take a look at some of the companies that are catching our eye in midday trading. JetBlue — The airline soared more than 12% after reporting second-quarter profits that beat analysts’ expectations. The New York City-based airline reported adjusted earnings per share of 8 cents, excluding one-time items, beating analysts’ per-share losses of 11 cents, according to LSEG. Revenues of $2.43 billion beat analysts’ forecasts of $2.4 billion. Sprouts Farmers Market — The food retailer’s latest earnings per share of 94 cents and revenue of $1.89 billion beat analysts’ consensus estimates of earnings per share of 78 cents and revenue of $1.84 billion, according to LSEG, and its shares soared more than 13%, hitting a new 52-week high during the session. The Phoenix-based grocery chain also raised its full-year profit guidance, saying it now expects sales to grow 9% to 10%, beating analysts’ consensus growth forecast of 8.2%. Varonis Systems — The data security stock rose more than 14% after reporting better-than-expected second-quarter financial results. According to analysts surveyed by FactSet, Varonis reported adjusted earnings per share of 5 cents, beating the expected loss per share of 2 cents. Revenue also beat expectations at $130.3 million versus the consensus estimate of $124.8 million. Varonis also issued better-than-expected guidance for the current quarter. F5 Inc. — Shares rose about 13%, hitting a new 52-week high during the session, after the software company’s third-quarter earnings and sales beat expectations. F5 reported adjusted earnings per share of $3.36, beating LSEG’s estimate of $2.97 per share. Revenue of $695 million beat analysts’ estimate of $686 million. Symbotic — Shares fell more than 23.5%, hitting a 52-week low during trading hours, after the automation company issued weak fourth-quarter guidance. The company expects revenue in the range of $455 million to $475 million, below the consensus estimate of $516.9 million, according to FactSet. For the third quarter, Symbotic’s revenue of $491.9 million beat the consensus estimate of $464.6 million. Woodward — The aerospace and industrial stock fell more than 17% after third-quarter revenue fell short of Wall Street expectations. Woodward reported revenue of $847.7 million, below the FactSet consensus estimate of $853.3 million. Amkor Technology — The semiconductor packaging stock fell nearly 19% after the company provided a disappointing third-quarter outlook.Amkor expects earnings per share of 42 cents to 56 cents, compared with analysts surveyed by FactSet expecting 64 cents per share. Lattice Semiconductor — Shares fell more than 9% after second-quarter earnings and current-quarter revenue guidance missed expectations. Lattice earned 23 cents per share (excluding overhead) on revenue of $124 million in the second quarter, compared with analysts surveyed by LSEG expecting 24 cents and $130 million, respectively. Also, Bank of America downgraded Lattice to underperform from neutral, citing weak growth prospects and low outlook. Crowdstrike — Shares fell more than 9% after CNBC reported that Delta Air Lines had hired lawyers to seek compensation for Crowdstrike and Microsoft’s network outage that led to thousands of flight cancellations earlier this month. Microsoft shares were last down 1%.Merck — Shares fell more than 9% after the New Jersey-based pharmaceutical company issued full-year guidance that fell short of expectations. Merck expects full-year earnings of $7.94 to $8.04 per share, below the FactSet consensus estimate of $8.16 per share. Howmet Aerospace — The aerospace manufacturer rose more than 13% after second-quarter profit and revenue beat Wall Street expectations. Howmet earned 67 cents a share on revenue of $1.88 billion, beating analysts surveyed by FactSet’s expectations of 60 cents a share on revenue of $1.83 billion. Howmet also raised its quarterly dividend to 8 cents from 5 cents, payable on Aug. 26. Corning — Shares plunged nearly 7% after the glass and fiber-optic cable maker issued third-quarter guidance that was below or equal to analysts’ expectations, according to FactSet.Second-quarter profits beat expectations slightly. Corning, which makes Gorilla Glass used in iPhones, posted profits of 47 cents a share on sales of $3.6 billion. Analysts surveyed by LSEG had expected profits of 46 cents a share on sales of $3.55 billion. PayPal — Shares soared more than 8 percent. The payments company posted second-quarter adjusted profits of $1.19 a share, excluding items, beating the 99 cents a share expected by analysts surveyed by LSEG. The company also raised its full-year profit outlook. Procter & Gamble — Shares fell about 5 percent after the Cincinnati-based Ivory soap maker reported second-quarter sales that fell short of expectations. P&G posted sales of $20.53 billion, below the $20.74 billion expected by LSEG analysts.But earnings beat expectations, with the company reporting adjusted earnings of $1.40 a share, beating the $1.37 a share analysts surveyed by LSEG had expected. Zebra Technologies — Shares rose nearly 4% after second-quarter earnings beat analysts’ expectations. The maker of trackers and computer printing technology posted earnings of $3.18 a share, excluding items, on revenue of $1.22 billion. Analysts had been expecting $2.80 a share on revenue of $1.18 billion for the quarter, according to Street accounts. Zebra also raised its full-year guidance. Stanley Black & Decker — The tool maker rose nearly 10% after second-quarter earnings of $1.09 a share, excluding items, beat Wall Street expectations of 84 cents a share, according to analysts surveyed by FactSet. The Connecticut-based company also updated its full-year profit outlook to $3.70 to $4.50 per share, raising its low end forecast from its previous range of $3.50 to $4.50 per share. — CNBC’s Alex Harring, Samantha Subin, Lisa Kay-Lai Han and Hakyung Kim contributed reporting.
JBLU, SFM, VRNS, etc.
