Check out the companies making headlines over the long term. Dexcom — Shares of Dexcom fell nearly 7% even as the diabetes management device maker reported better-than-expected third-quarter adjusted earnings and revenue. Dexcom also reiterated full-year revenue guidance including FactSet estimates. L3Harris Technologies — The defense stock rose 4% after beating third-quarter revenue and profit estimates. L3Harris reported adjusted earnings of $3.34 per share on revenue of $5.29 billion, while analysts polled by LSEG had expected earnings of $3.26 per share on revenue of $5.28 billion. Capri and Tapestry — Capri shares plunged 48% while Tapestry shares soared 12% after a judge blocked the $8.5 billion merger of two luxury goods makers. Tapestry, which owns the Coach and Kate Spade brands, sees the deal as an effort to better compete with luxury brands such as Gucci that dominate the field. The company also said it wanted to invest in Capri’s brand portfolio, which includes Michael Kors and Jimmy Choo. Shares of data storage equipment maker Western Digital rose 8.9%, with first-quarter adjusted earnings of $1.78 per share, while analysts polled by LSEG expected earnings of $1.72 per share. On the other hand, the company’s revenue of $4.1 billion was slightly below the consensus forecast of $4.12 billion. Kinsale Capital — Shares of Kinsale Capital rose 4.7% after the insurance company beat Wall Street estimates for third-quarter operating profit per share. Kinsale reported earnings of $4.20 per share, while analysts polled by FactSet forecast earnings of just $3.60 per share. Joby Aviation — Air taxi shares fell 8% after completing a $200 million common stock offering. The offering was conducted through Morgan Stanley and Allen & Co. Skechers reported earnings of $1.26 per share on revenue of $2.35 billion, while analysts polled by FactSet forecast earnings of $1.16 per share on revenue of $2.31 billion. Boyd Gaming — Shares rose 2.6% after third-quarter earnings per share came in stronger than expected. Boyd reported adjusted earnings of $1.52 per share, 12 cents above the consensus estimate of analysts polled by FactSet. Revenue of $961.2 million was also higher than Wall Street forecasts of $917.3 million. Shares of Capital One Bank Holdings Inc. rose nearly 4%. In the third quarter, Capital One reported adjusted earnings per share of $4.51 on revenue of $10.01 billion. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of $3.76 per share on revenue of $9.86 billion. The company’s provision for credit losses was $2.48 billion, compared with an estimate of $2.83 billion by analysts polled by StreetAccount. Shares of Deckers Outdoor, owner of Hoka footwear, soared nearly 9%. Deckers reported fiscal second-quarter earnings of $1.59 per share on revenue of $1.31 billion. The report beat Wall Street expectations for earnings of $1.24 per share on revenue of $1.2 billion. Hoka brand net sales increased to US$570.9 million, an increase of nearly 35% compared with the same period last year. —CNBC’s Darla Mercado, Lisa Kailai Han and Christina Cheddar Berk contributed reporting
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