Company News for May 15, 2023

NWSA SLF IAG EMBC

  •  IAMGOLD Corp.’s (IAG - Free Report) shares gained 2.5% after the company reported first-quarter 2023 adjusted earnings per share of $0.05, in contrast to the Zacks Consensus Estimate of a loss of $0.02 per share.
  • Sun Life Financial Inc.’s (SLF - Free Report) shares rose 0.4% after the company posted first-quarter 2023 adjusted earnings per share of $1.12, outpacing the Zacks Consensus Estimate of $1.07.
  • Shares of News Corp. (NWSA - Free Report) climbed 8.5% after posting third-quarter fiscal 2023 adjusted earnings per share of $0.09, exceeding the Zacks Consensus Estimate of $0.06.
  • Shares of Embecta Corp. (EMBC - Free Report) appreciated 6.1% after reporting second-quarter fiscal 2023 adjusted earnings per share of $0.75, beating the Zacks Consensus Estimate of $0.50.

Zacks Names #1 Semiconductor Stock

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With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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