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Price: $379.94, Change: $-24.93, Percent Change: -6.16%
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Equities
Expand Energy Q1 Adjusted Earnings, Revenue Rise
Expand Energy (EXE) reported Q1 adjusted earnings late Tuesday of $3.83 per diluted share, up from $2.02 a year earlier.Analysts polled by FactSet expected $3.61.Revenue in the three months ended March 31 rose to $4.40 billion from $2.20 billion a year earlier.Analysts surveyed by FactSet expected $3.53 billion.
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Mining & Metals
Canada's Federal Gov't Projects a Smaller Deficit For FY2025-26 Than Previously Seen
Canada's federal government now projects a deficit in fiscal year 2025-26 of C$66.9 billion, down from a prior forecast of $78.3 billion, reflecting improved economic growth, it said in a spring economic update Tuesday.The deficit is set to gradually decline to C$56.2 billion by FY29-30, the government said.Projected GDP Growth is 1.1% in 2026, 1.9% in each of the next three years, and 1.8% in 2030, the governing Liberals said.
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Australia
Visa Fiscal Q2 Adjusted Earnings, Revenue Rise
Visa (V) reported fiscal Q2 adjusted earnings late Tuesday of $3.31 per diluted share, up from $2.76 a year earlier.Analysts polled by FactSet expected $3.10.Revenue for the three months ended March 31 was $11.23 billion, up from $9.59 billion a year earlier.Analysts polled by FactSet expected $10.75 billion.
$V