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Broadcom Analyst Lifts AI Revenue Forecast To $12B On Potential Strong Demand From Google, Meta
2024 Sep 06, 9:42am | 607Broadcom Inc. (NASDAQ:AVGO) is riding high on the wave of strong momentum in its AI semiconductor segment and VMware business. The company reported an earnings and revenue beat for the third quarter on Thursday. Earnings per share of $1.24 beat estimates by 3.33%. Reported revenue at $13.07 billion...
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G-III Apparel Group Beats Q2 Earnings Estimates
2024 Sep 05, 2:51pm | 662G-III Apparel Group (NASDAQ: GIII) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings...
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Casey's General Stores Tops Q1 Earnings Estimates
2024 Sep 05, 1:10pm | 652Casey's General Stores (NASDAQ: CASY) came out with quarterly earnings of $4.83 per share, beating the Zacks Consensus Estimate of $4.54 per share. This compares to earnings of $4.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an...
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Dick's Sporting Goods Delivers Q2 Beat, Analysts Deem Stock Weakness A 'Buying Opportunity'
2024 Sep 05, 12:10pm | 566Dick’s Sporting Goods Inc (NYSE:DKS) shares dropped in early trading on Thursday as the retailer reported fiscal second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Bank of America Securities analyst Robert Ohmes...
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Euronet's Ria Expands Reach With PLS Partnership in the United States
2024 Sep 05, 11:41am | 668Euronet Worldwide, Inc.'s (NASDAQ: EEFT) Ria Money Transfer ("RIA") inked a deal with a leading community financial services retailer, PLS Financial Services, headquartered in Chicago. Under this new collaboration, RIA will be the exclusive money transfer service provider for...
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Ensign Adds 8 Facilities in Kansas & Colorado to Expand Footprint
2024 Sep 05, 11:39am | 679The Ensign Group, Inc. (NASDAQ: ENSG) announced that it has bought the operations of a nursing facility in Overland Park, KS. It has also acquired the operations of seven nursing facilities in Colorado. All these buyouts (with long-term, triple net leases) had an effective date of Sept. 1, 2024....
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Why Analysts Are Bullish on Marvell Despite Sector Weakness
2024 Sep 05, 11:37am | 855Marvell Technology (NASDAQ: MRVL) is a semiconductor stock gaining hype due to its fast data center revenue growth. It has performed well over the past 52 weeks but is underperforming in its sector. The stock is up 36%, while the Invesco PHLX Semiconductor ETF (NASDAQ: SOXQ) is up 44%. The fund...
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ChargePoint Q2, Guidance Miss Expectations, Analysts Say: 15% Layoffs Could 'Create Efficiencies'
2024 Sep 05, 11:06am | 725ChargePoint Holdings Inc (NYSE:CHPT) shares tanked in early trading on Thursday, after the company reported downbeat second-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On ChargePoint Holdings Analyst...
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Butterfly Network's Stock Surges on iQ3 Device Launch in Europe
2024 Sep 05, 10:54am | 941Shares of Butterfly Network (NYSE: BFLY) closed 26.9% higher on Sept. 4 after the company announced the commercial launch of its third-generation handheld point-of-care ultrasound system, Butterfly iQ3, in Europe. Investors are likely upbeat about the news due to the strong uptake of Butterfly iQ3...
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Element Solutions Agrees to Divest MacDermid Graphics Solutions
2024 Sep 05, 10:50am | 588Element Solutions Inc. (NYSE: ESI) has agreed to sell its flexographic printing plate business, MacDermid Graphics Solutions, to XSYS — a global specialist provider in the flexographic printing space — for an enterprise value of around $325 million. The transfer involves substantially...
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Asana Reports Mixed Q2 Results, Management Guidance 'Disappointing Overall,' Says Analyst, Implies Lower 2H Growth
2024 Sep 04, 1:41pm | 898Asana Inc (NYSE:ASAN) shares tanked in early trading on Wednesday, even after the company reported upbeat second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities On Asana Analyst Patrick Walravens maintained a...
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GitLab Inc. Q2 Earnings and Revenues Surpass Estimates
2024 Sep 04, 1:35pm | 647GitLab Inc. (NASDAQ: GTLB) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise...
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Zscaler Q4 Earnings and Revenues Surpass Estimates
2024 Sep 04, 1:33pm | 633Zscaler (NASDAQ: ZS) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 27...
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Should You Continue to Retain PODD Stock in Your Portfolio Now?
2024 Sep 04, 1:30pm | 962Insulet Corp.'s (NASDAQ: PODD) recent FDA approval of Omnipod 5 for type 2 diabetes patients is set to expand the product's market potential. The planned launch of Omnipod 5 with Abbott's Freestyle Libre 2 Plus sensor is likely to drive further growth in the U.S. markets. Robust...
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Daktronics Q1 Earnings and Revenues Top Estimates
2024 Sep 04, 1:28pm | 637Daktronics (NASDAQ: DAKT) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise...
Coverage of Earnings Beats.