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Urban Outfitters Posts Q1 Sales Beat: 3 Analysts Revise Forecasts As Stock Continues To 'Meaningfully Lag'
2024 May 22, 12:52pm | 535Shares of Urban Outfitters, Inc. (NASDAQ:URBN) tanked in early trading on Wednesday, even after the company reported better-than-expected results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan analyst Matthew Boss reaffirmed...
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Macy's 'Bold New Chapter' Gains Traction: Analysts Say Retailer Delivers In Q1 Results, While Some Risk Remains
2024 May 22, 12:32pm | 525Macy’s Inc (NYSE:M) shares climbed in early trading on Wednesday after the company reported better-than-expected earnings and raised its outlook. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Macy’s Analyst Matthew Boss reaffirmed an...
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Modine Misses Q4 Earnings Estimates
2024 May 22, 12:21pm | 647Modine (NYSE: MOD) came out with quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2....
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Lowe's Reports Gains Despite Tough Market Conditions: 8 Analysts Break Down Q1 Results
2024 May 22, 11:25am | 998Lowe’s Companies Inc (NYSE:LOW) Tuesday reported better-than-expected results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Lowe’s Companies Analyst Kate McShane reiterated a Buy rating, while raising the...
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Zoom Contact Center, AI Are 'Key Highlights': 8 Analysts Dive Deeper Into Q1 Results
2024 May 21, 1:11pm | 881Shares of Zoom Video Communications Inc (NASDAQ:ZM) were down on last check Tuesday, after the company reported upbeat first-quarter revenues and earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways. Stifel analyst Parker Lane maintained a Hold rating,...
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Why Is Palo Alto Networks' Stock Tanking After Beat-And-Raise Quarter? 10 Analysts Weigh In On 'Positive Momentum'
2024 May 21, 12:21pm | 1267Shares of Palo Alto Networks Inc (NASDAQ:PANW) dipped in early trading on Tuesday, although the company reported upbeat revenues and earnings for its fiscal third quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Matthew...
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Baidu Has An 'Increasing Gen-AI Centric Revenue Mix': Analysts Look Into Q1 Results, Outlook
2024 May 17, 12:20pm | 496Baidu Inc (NASDAQ:BIDU) shares came under pressure in early trading on Friday, despite the company's better-than-expected quarterly results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Baidu Analyst Lincoln Kong maintained a Buy rating...
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Walmart Growth Incentives 'Are Hitting Stride', 6 Analysts Explore Q1 Earnings
2024 May 17, 12:10pm | 783Shares of Walmart Inc (NYSE:WMT) reported better-than-expected results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Bank of America analyst Robert Ohmes maintained a Buy rating, while raising the price target from $67 to $75....
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Applied Materials Sees Strong China Sales, Advanced Technology Driving Analyst Optimism
2024 May 17, 11:41am | 1029Shares of Applied Materials, Inc. (NASDAQ:AMAT) were highly volatile in early trading on Friday, after the company reported better-than-expected results for its fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Applied...
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Prestige Consumer Q4 Earnings Miss, Operating Margin Falls
2024 May 16, 3:23pm | 1026Prestige Consumer Healthcare Inc. (NYSE: PBH) delivered fourth-quarter fiscal 2024 earnings per share of $1.02, a 4.7% decline from the year-ago period's figure. The metric also missed the Zacks Consensus Estimate by 10.5%. GAAP EPS for the quarter was 98 cents, a significant improvement...
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What Drove Hut 8 Earnings Beat? 4 Analysts Provide Their Q1 Takeaways
2024 May 16, 12:12pm | 632Hut 8 Corp (NASDAQ:HUT) reported financial results Wednesday after merging with U.S. Bitcoin Corporation (USBTC) in November 2023. The results came amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst John Todaro maintained a Buy rating, while raising the price...
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How Cisco Systems Performed Ex-Splunk, 8 Analysts Weigh In On Q3 Earnings: Here's Where 'Upside Primarily Came From'
2024 May 16, 11:11am | 1008Shares of Cisco Systems Inc (NASDAQ:CSCO) declined in early trading on Thursday, even after the company reported stronger-than-expected results for its fiscal third quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Michael Ng...
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Cannabis-Focused Software Co. Springbig Sees Slight Q1 Revenue Decline But Improves Net Loss, Keeps Full Year Financial Guidance
2024 May 16, 8:36am | 552Florida-based software and cannabis marketing company Springbig Holdings, Inc. (OTCQX:SBIG) released its first quarter 2024 financial figures and announced the appointment to the board of Mark Silver, president of Optus Capital Corporation and a key player in the company’s January debt...
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Lifeway Foods Q1 Earnings Miss, Sales Beat Estimates
2024 May 15, 3:42pm | 612Lifeway Foods, Inc. (NASDAQ: LWAY) posted first-quarter 2024 results, wherein the top line beat the Zacks Consensus Estimate, while the bottom line missed the same. Both net sales and earnings experienced a year-over-year increase. Amid macro headwinds, LWAY has notably achieved a significant boost...
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Bitfarms Ltd. Reports Q1 Loss, Lags Revenue Estimates
2024 May 15, 3:39pm | 637Bitfarms Ltd. (NASDAQ: BITF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 33...
Coverage of Earnings Misses.