Workday, Louisiana-Pacific And TransDigm On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” DCLA‘s Sarat Sethi praised Workday, Inc. (NASDAQ:WDAY) for last week’s earnings report.

On Aug. 22, Workday reported second-quarter revenue of $2.08 billion, beating the consensus estimate of $2.07 billion. The company reported adjusted earnings of $1.75 per share, beating analyst estimates of $1.65 per share, according to Benzinga Pro.

Stephen Weiss of Short Hills Capital Partners said TransDigm Group Incorporated (NYSE:TDG) is a “phenomenal” PE play.

On Aug. 6, TransDigm Group reported better-than-expected third-quarter financial results and raised its FY24 guidance above estimates. TransDigm reported quarterly earnings of $9.00 per share which beat the analyst consensus estimate of $8.56 per share. The company reported quarterly sales of $2.046 billion which beat the analyst consensus estimate of $2.005 billion.

Don't forget to check out our premarket coverage here

Joseph M. Terranova of Virtus Investment Partners said Louisiana-Pacific Corporation (NYSE:LPX) is breaking out.

On Aug. 7, Louisiana-Pacific reported second-quarter 2024 net sales growth of 33.2% year-over-year to $814 million on Wednesday, beating the consensus of $797.264 million. Siding revenue grew 30% YoY due to higher volumes and prices. OSB revenue increased 53% due to higher prices and volumes.

Price Action:

• Workday shares gained 0.2% to close at $260.37 during Monday's session.
• TransDigm Group shares fell 1.8% to close at $1,302.25 during Monday session.
• Louisiana-Pacific gained 0.6% to settle at $97.78 on Monday.

Check This Out:

• Wall Street’s Most Accurate Analysts Spotlight On 3 Industrials Stocks Delivering High-Dividend Yields