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HanesBrands Inc reports results for the quarter ended March 31 - Earnings Summary
HanesBrands Inc HBI.N reported quarterly adjusted earnings of 7 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of six analysts for the quarter was for earnings of 2 cents per share. Wall Stree...Reuters
Thu, May 8
Why Cleveland-Cliffs Stock Plunged After Earnings
Cleveland-Cliffs (NYSE: CLF) stock reported a loss last night that was much worse than anticipated, sending its stock tumbling in early trading Thursday, down 16.2% through 10:35 a.m. ET.Analysts expected the steelmaker to lose $0.83 per share, but Cleveland-Cliffs actually lost $0.92. Operating rev...The Motley Fool
Thu, May 8
Compass Diversified hits record low as subsidiary probe sparks financial restatement
** Shares of business portfolio investor Compass Diversified CODI.N fall 63% to record low of $6.35** Stock set for its worst day on record, if losses hold** Co late on Wednesday said it is investigating its subsidiary, Lugano Holding, due to concerns about financing and accounting practices** CODI ...Reuters
Thu, May 8
Kaltura Inc reports results for the quarter ended March 31 - Earnings Summary
Kaltura Inc KLTR.OQ reported quarterly adjusted earnings of 2 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of five analysts for the quarter was for breakeven results per share. Wall Street e...Reuters
Thu, May 8
PPG Industries gains on plans to build new aerospace coatings facility
** Shares of global paint supplier PPG Industries PPG.N up 1.2% at $108.09** Company says it will invest $380 million to build a new aerospace coatings and sealants manufacturing facility in Shelby, North Carolina** It is set to commence in October and is expected to be completed in the first half o...Reuters
Thu, May 8
Scansource Inc reports results for the quarter ended March 31 - Earnings Summary
Scansource Inc SCSC.OQ reported quarterly adjusted earnings of 86 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of four analysts for the quarter was for earnings of 78 cents per share. Wall S...Reuters
Thu, May 8
Why Axon Enterprise Stock Is Charging Higher Today
Law enforcement vendor Axon Enterprise (NASDAQ: AXON) posted strong year-over-year growth in the first quarter and raised its guidance for the year. Investors cheered the results, sending Axon shares up 12% as of 10:30 a.m. ET.Image source: Axon Enterprise.Where to invest $1,000 right now? Our analy...The Motley Fool
Thu, May 8
Carvana rises as Q1 revenue beats estimates
** Shares of online used-car retailer Carvana CVNA.N rise 10% to $285.21** Co late on Wednesday posted Q1 revenue of $4.23 billion, beating analysts' average estimate of $4.01 billion according to data compiled by LSEG ** Co reported Q1 net income of $373 million, vs analysts' estimate of $1...Reuters
Thu, May 8
If I Could Tell All Retirees 1 Thing About Social Security, I'd Say to Do This Before You Claim Benefits
An estimated 69 million Americans will receive a monthly Social Security check in 2025. While the average adult age 65 and older relies on these benefits for close to one-third of their income, according to data from the Social Security Administration, many Americans depend on Social Security almost...The Motley Fool
Thu, May 8
Americold Realty Trust Inc reports results for the quarter ended March 31 - Earnings Summary
Americold Realty Trust Inc COLD.N reported a quarterly adjusted loss of 6 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of five analysts for the quarter was for earnings of 5 cents per share. W...Reuters
Thu, May 8
Symbiotic rises on Q2 revenue beat
** Shares of robotics vendor Symbotic SYM.O rise 8.6% to $24.42 ** Co late on Wednesday posted Q2 revenue of $550 million, surpassing analysts' avg. estimate of $525.02 million - data compiled by LSEG** Co reported Q2 net loss of $21 million vs estimate of $34.02 million** Including session'...Reuters
Thu, May 8
Talen Energy considers alternative data center power deals after regulator push-back
By Laila KearneyNEW YORK, May 8 (Reuters) - Talen Energy is considering alternative arrangements to supply electricity to data centers, executives with the major U.S. power company said on Thursday, after regulators pushed back on a plan to fuel an Amazon data center directly from Talen's Pennsy...Reuters
Thu, May 8
Marriott Vacations Worldwide Corp reports results for the quarter ended March 31 - Earnings Summary
Marriott Vacations Worldwide Corp VAC.N reported quarterly adjusted earnings of $1.66 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.80. The mean expectation of nine analysts for the quarter was for earnings of $1.49 per share....Reuters
Thu, May 8
Cleveland-Cliffs dives after wider-than-expected loss, operational changes
** Shares of steelmaker Cleveland-Cliffs CLF.N drop 17% to $7.05 early Thurs after Q1 loss exceeds Wall Street's expectations** CLF shares could suffer biggest one-day pct drop since the pandemic onset in 2020, if decline exceeds 16.8% plunge on Apr 3, 2025** Co late Weds posted adj loss/sh of 9...Reuters
Thu, May 8
Shopify: Solid Growth, but Fears Remain
Here's our initial take on Shopify's (NASDAQ: SHOP) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$1.86 billion$2.36 billion27%BeatEarnings per share-$0.21-$0.53n/aMetGross merchandise volume$60.9 billion$74.8 billion23%MetFree cash flow$232 m...The Motley Fool
Thu, May 8
Sempra rises on Q1 profit beat
** Shares of utility firm Sempra SRE.N rise 2% to $77.39 ** Company beats Q1 profit estimates, helped by strong performance at its California segment** SRE posts Q1 adjusted profit of $1.44/share vs est. of $1.32/share - data compiled by LSEG** Q1 net income at company's segment, Sempra Califor...Reuters
Thu, May 8
Intellia Therapeutics rises on narrower Q1 loss
** Shares of gene-editing firm Intellia Therapeutics NTLA.O rise 3.4% to $7.54** NTLA reports Q1 net loss of $1.10 per share, narrower than the net loss of $1.12 a year ago** Posts Q1 collaboration revenue of $16.63 million, compared with $28.9 million a year ago** Co says it has cash and cash equiv...Reuters
Thu, May 8
Clear Secure Inc reports results for the quarter ended March 31 - Earnings Summary
Clear Secure Inc YOU.N reported quarterly adjusted earnings of 35 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of eight analysts for the quarter was for earnings of 33 cents per share. Wall ...Reuters
Thu, May 8
US STOCKS-Wall St edges up as imminent US-Britain trade deal stokes optimism
Indexes up: Dow 0.16%, S&P 500 0.19%, Nasdaq 0.38%US-UK trade deal announcement awaitedArm slides after bleak first-quarter revenue forecast Krispy Kreme sinks after withdrawing FY forecastsBy Purvi Agarwal and Johann M Cherian May 8 (Reuters) - Wall Street inched higher on Thursday as in...Reuters
Thu, May 8
Novavax says talks with FDA on COVID vaccine approval ongoing calming investor fears
Novavax sees pathway to FDA approval after post-marketing commitmentsSwings to profit in Q1Shares rise nearly 19%By Sriparna Roy May 8 (Reuters) - Novavax NVAX.O on Thursday tried to calm investors spooked by the delay of full approval of its COVID vaccine shot by U.S. regulators saying that it ...Reuters
Thu, May 8
