Company News for May 23, 2022

• Deere & Co.’s DE  shares plunged 14.1% after the company reported second-quarter fiscal 2022 revenues of $12,034 million, missing the Zacks Consensus Estimate of $13,442 million.  

• Foot Locker Inc.’s FL shares jumped 4.1% after the company posted first-quarter fiscal 2022 adjusted earnings per share of $1.60, outpacing the Zacks Consensus Estimate of $1.47.

• Shares of Applied Materials Inc. AMAT tumbled 3.9% after reporting second-quarter fiscal 2022 adjusted earnings per share of $1.85, lagging the Zacks Consensus Estimate of $1.89.

• Shares of Palo Alto Networks Inc. PANW climbed 9.7% after posting third-quarter fiscal 2022 adjusted earnings per share of $1.79, beating  the Zacks Consensus Estimate of $1.67.

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