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Gitlab Reports Beat And Raise Quarter, Analysts Expect AI To Be 'Significant Contributor' By Fiscal 2026
2024 Sep 04, 12:11pm | 914Shares of Gitlab Inc (NASDAQ:GTLB) spiked in early trading on Wednesday, after the company reported upbeat second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst Yi Fu Lee reiterated an Overweight...
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Zscaler Delivers Upbeat Q4 Guidance: 7 Analysts Cut Forecasts On 'Incremental Risk'
2024 Sep 04, 11:12am | 1648Shares of Zscaler Inc (NASDAQ:ZS) tanked in early trading on Wednesday, even after the company reported upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Gabriela Borges maintained a...
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Broadcom Ahead of Q3 Earnings: To Buy or Not to Buy the AVGO Stock
2024 Sep 03, 3:39pm | 955Broadcom (NASDAQ: AVGO) is set to report its third-quarter fiscal 2024 results on Sep. 5. The Zacks Consensus Estimate for revenues is pegged at $12.9 billion, suggesting growth of 45.36% from the year-ago quarter's reported figure. The consensus mark for earnings has been steady at $1.20 per...
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Corcept Shares Rise More Than 45% in Six Months: Here's Why
2024 Sep 03, 3:29pm | 840Shares of Corcept Therapeutics Incorporated (NASDAQ: CORT) have gained 46.2% in the past six months against the industry's decline of 2%. The company's sole-marketed drug, Korlym (mifepristone), which is approved for treating Cushing's syndrome, has been performing well. The drug has...
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Euronet Stock Rises 24% in a Year: What Lies Ahead for Investors?
2024 Sep 03, 3:14pm | 915Shares of Euronet Worldwide, Inc. (NASDAQ: EEFT) have gained 23.6% in the past year compared with the industry's 21.6% growth. With a market capitalization of $4.8 billion, the average volume of shares traded in the last three months was 0.4 million. Euronet's growth is driven by expansions...
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Should You Buy, Hold or Sell AI Stock Ahead of Q1 Earnings?
2024 Sep 03, 1:01pm | 906C3.ai (NYSE: AI) is set to report its first-quarter fiscal 2025 results on Sep 4. AI expects revenues of $84-$89 million for the fiscal first quarter. The Zacks Consensus Estimate for revenues is pegged at $87.12 billion, suggesting 42% growth from the figure reported in the year-ago quarter. The...
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ALNY Down Despite Positive Data From Heart Disease Drug Study
2024 Sep 03, 12:57pm | 783Shares of Alnylam Pharmaceuticals, Inc. (NASDAQ: ALNY) were down 8.5% on Aug. 30, after the company announced detailed data from the phase III HELIOS-B, which evaluated its investigational RNAi therapeutic, Amvuttra (vutrisiran) for an expanded indication. The HELIOS-B study is seeking to expand...
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Chewy Q2 2024 Earnings: Wagging Tails and Investor Portfolios
2024 Sep 03, 12:55pm | 940Chewy (NYSE: CHWY) sent waves through the market as its share price rose as much as 15% after its second-quarter 2024 earnings were released. This positive investor reaction underscores Chewy's growing dominance in the $232 billion e-commerce pet sector, proving that its customer-centric...
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Hello Group Inc. Sponsored ADR Beats Q2 Earnings and Revenue Estimates
2024 Sep 03, 12:54pm | 642Hello Group Inc. Sponsored ADR (NASDAQ: MOMO) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents...
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Burlington Stores' Q2 Earnings Beat Estimates, Fiscal 2024 Outlook Raised
2024 Aug 30, 2:29pm | 1383Burlington Stores, Inc. has reported impressive second-quarter fiscal 2024 results, wherein sales and earnings beat the Zacks Consensus Estimate. Also, both the bottom and top lines grew year over year. The company raised its fiscal 2024 outlook driven by robust performance. Burlington Stores has...
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Autodesk Q2 Earnings and Sales Surpass Estimates, Improve Y/Y
2024 Aug 30, 2:03pm | 747Autodesk (NASDAQ: ADSK) reported second-quarter fiscal 2025 non-GAAP earnings of $2.15 per share, which beat the Zacks Consensus Estimate by 7.5% and improved 12.6% year over year. The company reported revenues of $1.5 billion, which beat the consensus mark by 1.54%. The figure grew 11.9% year over...
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Genesco Expected to Beat Earnings Estimates: Should You Buy?
2024 Aug 30, 12:57pm | 1006Wall Street expects a year-over-year decline in earnings on lower revenues when Genesco (NYSE: GCO) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-...
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Dollar General Market Share Loss To Walmart Is 'Opposite Of What Historically Happens' When Consumers Stress: Analyst (UPDATED)
2024 Aug 30, 11:31am | 803Editor’s note: This story has been updated with additional details on Dollar General stock price action.Shares of Dollar General Corp (NYSE:DG) tanked Thursday after the company reported second-quarter earnings at $1.70 per share, missing the Street expectations of $1.79 per share. Five...
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Ulta Beauty Misses Q2: Loses Market Share, Inventories Continue To Grow, Says Analysts
2024 Aug 30, 11:27am | 831Ulta Beauty Inc (NASDAQ:ULTA) shares are down on Friday, after the company reported a second-quarter earnings miss. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Ulta Beauty Analyst Kate McShane maintained a Neutral rating...
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Marvell Technology Posts First Beat-And-Raise In 5 Quarters: Analysts Focus On 'Solid AI Story'
2024 Aug 30, 10:36am | 883Marvell Technology Inc (NASDAQ:MRVL) shares climbed in early trading on Friday, after the company reported upbeat second-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Marvell Technology Analyst Toshiya Hari...
Coverage of Earnings Beats.