-
Duolingo Downgraded Despite Executing 'Exceptionally Well,' Analyst Warns Of Risk/Reward Imbalance
2024 Oct 14, 11:09am | 310Shares of Duolingo Inc (NASDAQ:DUOL) came under pressure in early trading on Monday. The stock has risen by 78% since the second-quarter earnings release, which makes the risk/reward negative, despite the company likely to report strong results for the third quarter, according to JMP Securities....
-
These 3 Stocks Are Screaming Oversold: Seize the Opportunity
2024 Oct 11, 2:34pm | 767The stock market's impressive and resilient performance in 2024, with the SPDR S&P 500 ETF up over 21% YTD and trading at all-time highs, has led many investors to chase high-flying stocks at all-time highs. However, this approach can be risky as stocks stretched to the upside might...
-
BlackRock Finance Surpasses Q3 Earnings and Revenue Estimates
2024 Oct 11, 2:12pm | 630BlackRock Finance came out with quarterly earnings of $11.46 per share, beating the Zacks Consensus Estimate of $10.42 per share. This compares to earnings of $10.91 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise...
-
Why Texas Instruments Could Beat Earnings Estimates Again
2024 Oct 11, 12:33pm | 502Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Texas Instruments (NASDAQ: TXN), which belongs to the Zacks Semiconductor - General industry. When looking at the last two reports, this chipmaker...
-
Will Biogen Beat Estimates Again in Its Next Earnings Report?
2024 Oct 11, 12:21pm | 522If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Biogen Inc. (NASDAQ: BIIB). This company, which is in the Zacks Medical - Biomedical and Genetics industry, shows...
-
Unity Bancorp Surpasses Q3 Earnings and Revenue Estimates
2024 Oct 11, 10:42am | 642Unity Bancorp (NASDAQ: UNTY) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings...
-
2 Defense Giants Soaring: Chase Gains or Wait for a Dip?
2024 Oct 10, 12:51pm | 646The aerospace and defense industry has been a sustained beacon of strength in an otherwise volatile market. With geopolitical tensions escalating, including the ongoing Russia-Ukraine war and conflicts in the Middle East, the sector has steadily risen with momentum. Two giants in the industry,...
-
DaVita Stock Gains 47.3% Year to Date: What's Behind the Rally?
2024 Oct 09, 3:12pm | 884DaVita, Inc. (NYSE: DVA) has witnessed strong momentum year to date, with its shares up 47.3% compared with the industry's growth of 14.8%. The S&P 500 composite has risen 19.5% in the same period. DaVita, carrying a Zacks Rank #2 (Buy) at present, is witnessing an upward...
-
Helen of Troy Q2 Earnings Top, Beauty & Wellness Sales Decline Y/Y
2024 Oct 09, 2:51pm | 1117Helen of Troy Limited (NASDAQ: HELE) posted second-quarter fiscal 2025 results, wherein both the top and bottom lines declined year over year. However, both metrics beat the Zacks Consensus Estimate. During the quarter, management advanced its long-term strategies by strengthening the core business...
-
Will Nokia's Q3 Earnings be Hurt by a Top Line Contraction?
2024 Oct 09, 1:45pm | 840Nokia Corporation (NYSE: NOK) is set to report its third-quarter 2024 results on Oct. 17, before the opening bell. In the last reported quarter, it reported adjusted earnings of 6 cents per share. The company is expected to witness a revenue contraction year over year, owing to demand softness in...
-
UnitedHealth Pre-Q3 Earnings: Golden Opportunity or Fool's Gold?
2024 Oct 09, 12:27pm | 1211UnitedHealth Group Incorporated (NYSE: UNH) is set to report third-quarter 2024 results on Oct. 15, 2024, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter's earnings is currently pegged at $7.02 per share on revenues of $99.6 billion. Growing premiums,...
-
AstraZeneca Inks Agreement to Boost Cardiovascular Pipeline
2024 Oct 08, 4:01pm | 699AstraZeneca (NASDAQ: AZN) announced that it has signed an exclusive license agreement with China-based CSPC Pharmaceutical Group Ltd for developing an early-stage, small molecule Lipoprotein (a) (Lp(a)) disruptor for helping patients with dyslipidaemia. The latest agreement is likely to strengthen...
-
AMN Stock Down Despite WorkWise Launch to Enhance Healthcare Delivery
2024 Oct 08, 3:51pm | 838AMN Healthcare Services, Inc. (NYSE: AMN) launched an innovative technology suite, WorkWise, last Wednesday. The suite is expected to unify the company's technologies into one single technology offering. Per AMN Healthcare, WorkWise has been designed to streamline workforce processes by...
-
Higher Fee Income to Aid BNY Mellon's Q3 Earnings, Subdued NIR to Hurt
2024 Oct 08, 3:40pm | 895The Bank of New York Mellon Corporation (NYSE: BK) is scheduled to report third-quarter 2024 results on Oct. 11, before market open. The company's revenues and earnings are expected to have increased on a year-over-year basis. In the last reported quarter, BK's earnings surpassed the Zacks...
-
Datadog's AI and Growth Strategy: Why Analysts Are Bullish
2024 Oct 08, 1:30pm | 864Datadog Inc. (NASDAQ: DDOG) provides a cloud-based security information and events management (SIEM) observability platform, enabling developers, engineers, and IT departments to monitor the performance of their data and operations infrastructure. Its AI-powered platform provides a comprehensive...
Coverage of Earnings Beats.