Company news from May 4, 2022

  • BP shares of BP plc jumped 8% after the company reported ADS-adjusted profit of $1.92 in the first quarter of 2022, beating Zacks’ consensus estimate of $1.41.
  • MPC shares of Marathon Petroleum Corp. climbed 4% after the company reported adjusted earnings per share of $1.49 in the first quarter of 2022, beating Zacks’ consensus estimate of $1.12.
  • Shares of Cummins Inc. CMI jumped 3.7% after reporting adjusted earnings per share of $4.04 in the first quarter of 2022, beating Zacks’ consensus estimate of $3.55.
  • Illinois Tool Works Inc. ITW shares gained 2.1% after posting adjusted earnings per share of $2.11 in the first quarter of 2022, beating Zacks’ consensus estimate of $2.07.

5 shares ready to double

Each was handpicked by a Zacks expert as the #1 preferred stock to earn +100% or more in 2021. Previous recommendations have skyrocketed +143.0%, +175.9%, + 498.3% and +673.0%.

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Illinois Tool Works Inc. (ITW): Free Inventory Analysis Report

BP plc (BP): Free Stock Analysis Report

Cummins Inc. (CMI): Free Inventory Analysis Report

Marathon Petroleum Corporation (MPC): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Karen J. Nelson