LyondellBasell Industries — The stock dropped 4.6% after LyondellBasell Industries missed profit and sales expectations in its latest quarterly report, according to consensus estimates on StreetAccount. CEO Peter Vanacker said in a release that high inflation and energy costs, as well as weaker seasonal demand, will result in more challenging conditions in the fourth quarter.
Bio-Rad Laboratories – Shares of Bio-Rad Laboratories shed 7.4% after the life sciences company reported disappointing quarterly results.
Principal Financial Group – Shares of financial services company Principal Financial Group gained 7% after the company beat estimates for its quarterly results, which were reported Thursday. The company also declared its dividend.
Bloomin’ Brands – The parent company of Outback Steakhouse saw shares rise 5.4% after beating expectations on the top and bottom lines in its latest quarterly report.
