U.S. Movers: Coca-Cola Company, General Motors, Lockheed Martin, Hilton Hotels, Texas Instruments

Scott Peters
23 Jul, 2025
New York City

Coca-Cola Company jumped 1% to $69.34 after the beverage maker’s revenue increased 1% to $12.5 billion from $12.38 billion, net income soared 58% to $3.8 billion from $2.41 billion, and earnings per diluted share rose 58% to 88 cents from 56 cents a year ago.

The beverage company lifted its annual comparable earnings per share estimate to an increase of 3% to $2.88, or comparable currency-neutral earnings growth of 8%.

The company's comparable earnings per share estimate includes a 5% currency headwind and the impact of hedged positions. 

Lockheed Martin dropped 8% to $423.42 after the aerospace and defense company's quarterly results fell short of market expectations. 

General Motors Company declined 1.8% to $52.25, and the vehicle maker reported better-than-expected quarterly results.

Revenue in the second quarter declined 1.8% to $47.1 billion from $47.9 billion, net income dropped 35.1% to $1.9 billion from $2.9 billion, and diluted earnings per share dropped 25% to $1.91 from $2.55.

The net income includes $1.1 billion in tariff-linked expenses, and the company retained its annual tariff expenses between $4.0 billion and $5.0 billion. 

The company retained its adjusted earnings per share outlook of between $8.25 and $10.0. 

Hilton Worldwide Holdings Inc. declined 1.6% to $270.10 despite the hotel operator reporting an increase in revenue and earnings in the second quarter ended in June.

Consolidated revenue in the quarter inched higher to $745 million from $689 million, net income increased to $442 million from $422 million, and diluted earnings per share rose to $1.84 from $1.67 a year ago.

For the six-month period, revenue advanced to $1.3 billion from $1.2 billion, net income soared to $742 million from $690 million, and diluted earnings per share edged higher to $3.07 from $2.71 a year ago.

During the second quarter, Hilton returned a total of $791 million to shareholders through share repurchases and dividends, including the repurchase of 3.2 million shares of common stock. 

Year-to-date capital returned $1.88 billion through July.

Hilton guided full-year net income to be between $1.6 billion and $1.7 billion. diluted earnings per share between $6.82 and $6.99. Capital return is projected to be approximately $3.3 billion.

Hilton guided third-quarter net income to be between $453 million and $467 million. diluted earnings per share between $1.89 and $1.95.

Texas Instruments Inc. dropped 12.4% to $188.22 after the semiconductor company reported a second quarter ending in June.

Revenue increased 16% to $4.4 billion from $3.8 billion, net income jumped 15% to $1.3 billion from $1.1 billion, and earnings per share rose 16% to $1.41 from $1.22 a year ago.

The company guided third-quarter revenue between $4.45 billion and $4.80 billion, compared to $4.4 billion, and diluted earnings per share between $1.36 and $1.60, compared to $1.41 a quarter earlier, respectively.

During the same quarter, the company also paid $4.9 billion in dividends to its shareholders. 

The Board of Directors of the company announced a $1.36 cash dividend per share for the third quarter of 2025.

CoStar Group Inc. jumped 6.3% to $90.64 after the real estate platform operator reported second-quarter 2025 results.

Consolidated revenue in the quarter increased 15% to $781 million from $678 million, net income dropped to $6 million from $19 million, and diluted earnings per share decreased to 1 cent from 5 cents a year ago.

Adjusted earnings per share were 17 cents, and new bookings soared 65% from the previous quarter to $93 million, driven by strong bookings increase on Apartments.com site.   

CoStar guided full-year revenue to be between $3.135 billion and $3.155 billion and diluted earnings per share between 76 cents and 80 cents a year earlier, respectively.

The company estimated third-quarter revenue between $800 million and $805 million and diluted earnings per share to be between 15 cents and 17 cents for the third quarter of 2025.