Company News for Apr 3, 2024

PAYX EDR PVH TSLA

  • Paychex Inc.’s (PAYX) shares rose 0.4% after the company reported third-quarter fiscal 2024 adjusted earnings per share of $1.38, surpassing the Zacks Consensus Estimate of $1.36.  
  • Shares of Tesla Inc. (TSLA) tumbled 4.9% after reporting first-quarter 2024 vehicle deliveries of 386,810, declining 8.5% year over year.
  • PVH Corp.’s (PVH) shares plunged 22.2% after the company forecast that its first-quarter 2024 revenues will drop nearly 11% year over year.
  • Shares of Endeavor Group Holdings Inc. (EDR) advanced 2.1% after the company agreed to a $13 billion takeover offer from private equity firm Silver Lake.

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