Home Depot, Elanco Animal Health fall; General Mills rises
Feb 21, 2023, 2:03 PM | Updated: 2:43 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Manitowoc Co., up $1.86 to $16.22.
The Milwaukee-based maker of cranes reported earnings and revenue that came in well ahead of what analysts were expecting.
General Mills Inc., up $3.39 to $80.16.
The maker of cereals and other foods raised its estimates for earnings and sales for its current fiscal year.
Home Depot Inc., down $22.45 to $295.50.
The home improvement retailer gave a weaker-than-expected forecast and said it would need to spend $1 billion to increase wages.
Dana Inc., down $3.32 to $15.53.
The maker of drivetrains forecast earnings for the current fiscal year that were below Wall Street’s estimates.
Elanco Animal Health Inc., down $1.51 to $11.62.
The maker of products for pets and farm animals forecast full-year results that were below what analysts were looking for.
Expeditors Int’l of Washington Inc., down $6.20 to $105.20.
The logistics company reported earnings and sales for the latest quarter that fell far short of estimates.
Westlake Corp., down $7.89 to $114.62.
The Houston-based maker of chemicals and building products reported earnings that were well below what analysts were expecting.
Jeld-Wen Holding Inc., up 15 cents to $13.02.
The maker of doors, windows and related products reported higher earnings and sales than Wall Street was expecting.
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