gained after the construction and engineering contractor reached an agreement in principle in a class-action lawsuit, named a new chief financial officer and reported second-quarter results. The company posted a loss from continuing operations of $5.1 million, or 24 cents a share, compared with a loss of $6.2 million, or 29 cents a share, a year ago. Shares climbed $1.27, or 7.9%, to $17.27.
stumbled after the foodmaker missed Wall Street's second-quarter revenue target and guided below expectations for the year. The company earned $6.6 million, or 21 cents a share, up from $1.3 million, or 4 cents a share, a year ago. Adjusted earnings totaled 34 cents a share. Revenue increased 26% to $232.1 million. Wall Street was looking for earnings of 26 cents on revenue of $238.6 million. TreeHouse said it expects full-year earnings of 86 cents to 91 cents a share, shy of the consensus target of 93 cents. Shares fell $2.31, or 9.4%, to $22.20.
slipped after the company reported higher second-quarter earnings but missed analysts' revenue expectations. The company earned $3.4 million, or 29 cents a share, and said revenue rose 5% to $60 million. Analysts were expecting the company to earn 28 cents a share on revenue of $66.3 million. For the full year, Sterling forecast earnings of 87 cents to $1.04 a share, on $245 million to $260 million in revenue. Shares dropped $1.22, or 4.9%, to $23.64.