Check out the companies making headlines in midday trading. C.H. Robinson — Shares tumbled 11.6% following a worse-than-expected earnings report. The logistics company earned 50 cents per share on an adjusted basis on revenue of $4.22 billion. Meanwhile, analysts polled by LSEG, formerly known as Refinitiv, forecast earnings of 81 cents per share and $4.34 billion in revenue. Peloton — Shares fell more than 23% on the back of the company’s bleak outlook for the current quarter and full-year sales. Peloton is forecasting sales to come in between $700 million and $725 million for the quarter. Analysts had expected $754 million, according to LSEG. The company also posted mixed results for the fiscal second quarter. Honeywell International — The industrial name slipped 3.1% following a miss on revenue. Honeywell posted $9.44 billion for the top line in the fourth quarter. Analysts polled by LSEG expected revenue of $9.70 billion. Align Technology — Shares jumped 16% after the medical device company surpassed expectations for the fourth quarter and gave a positive outlook. Align earned $2.42 per share, excluding items, on $957 million in revenue, exceeding the consensus forecasts of $2.18 per share and $934 million in revenue from analysts polled by LSEG. The company guided first-quarter revenue between $960 million and $980 million, a range above the $947 million penciled in by analysts. New York Community Bank — The regional bank slumped a second day, falling another 13% after plunging 37% Wednesday in the wake of a fourth-quarter loss , a $552 million provision for credit losses and a dividend cut. The SPDR S & P Regional Banking ETF (KRE) dropped 5.6%, Western Alliance was lower by 10.4% and M & T Bank retreated 6.3%. Norfolk Southern — The railroad stock climbed 6.9% after an investor group led by Ancora Holdings took a big stake. The Wall Street Journal reported that the group has plans for a proxy fight as it seeks to take control and push out the…
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