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Wabtec beats first-quarter profit estimates on strong aftermarket sales, services
April 23 (Reuters) - Locomotive parts maker Wabtec WAB.N reported first-quarter profit on Wednesday that beat Wall Street estimates, helped by strong sales for aftermarket parts and services.Shares of the company rose 8.8% in morning trading. First-quarter sales for its freight segment were up 4.2%,...Reuters
Wed, Apr 23
Pegasystems jumps after Q1 results beat estimates
** Software company Pegasystems' shares PEGA.O jump 30% to $8.39 in early trading after Q1 results beat estimates** Co posts Q1 adj EPS of $1.53, beating analysts' estimate of 49 cents, according to LSEG data** Q1 revenue up 44% from last year at $475.63 mln vs estimate of $356.6 mln** Curre...Reuters
Wed, Apr 23
Duolingo up after Morgan Stanley initiates coverage with "Overweight" rating, street-high PT
** Shares of language learning platform Duolingo DUOL.O up 11.4% at $374.52 after Morgan Stanley initiates coverage of stock with "Overweight" rating and street-high PT of $435** "Duolingo has the rare combination of rapid user growth, strong and expanding margins, and clear Gen AI upsid...Reuters
Wed, Apr 23
Forget Zepbound: Eli Lilly Has Its Next Billion-Dollar Weight Loss Drug
Eli Lilly (NYSE: LLY) has been growing its sales at a good clip over the past year. This is partly thanks to Zepbound, a weight loss medicine that's already generating more than $1 billion in quarterly sales, although it was approved only in late 2023.Zepbound's prospects still look bright, but some...The Motley Fool
Wed, Apr 23
US STOCKS SNAPSHOT-Wall St extends gains after report White House could slash China tariffs
April 23 (Reuters) - U.S. stocks extended gains on Wednesday after a Wall Street Journal report said the White House was considering slashing China tariffs to de-escalate the trade war between the two countries. A senior White House official said China tariffs were likely to come down to between rou...Reuters
Wed, Apr 23
Otis Worldwide dips as Q1 net sales misses estimate
** Shares of elevator company Otis Worldwide OTIS.K down 7% at $92 in early trading after Q1 results** Reports 2.5% drop in Q1 net sales to $3.30 bln, missing Wall St estimate of $3.37 bln, according to data compiled by LSEG ** The Connecticut-based company also expects tariff impact of $45 mln-$75 ...Reuters
Wed, Apr 23
Boeing's Revenue Climbs Past Estimates
Boeing, a leading aerospace manufacturer renowned for its commercial airplane production, released its Q1 2025 earnings on April 23, 2025. The earnings report showcased results that beat analyst expectations, reflecting ongoing efforts to stabilize its operations. Revenue for Q1 2025 reached $19.5 b...The Motley Fool
Wed, Apr 23
3 Monster Stocks to Hold for the Next 10 Years
Got a little money and a lot of time? Say, 10 years or more? That's perfect. Time is an investor's best friend, and of course, the more capital you've got to deploy, the bigger your potential net return gets. And if you've got at least a decade to work with, you've got time to take a shot on some re...The Motley Fool
Wed, Apr 23
Street View: Demand looks stable for 3M but tariff challenges remain
** U.S. industrial conglomerate 3M Co MMM.N on Tuesday beat Wall St expectations for Q1 profit on cost cutting, even as it warned of a potential hit to 2025 earnings from trade tensions** Median PT of 19 brokerages covering the stock is $153 - data compiled by LSEGTARIFF TANGO IN THE INDUSTRIAL AREN...Reuters
Wed, Apr 23
Label maker Avery Dennison switches to quarterly outlook citing macro uncertainty
April 23 (Reuters) - Avery Dennison AVY.N, which makes packaging and labeling products such as radio frequency tags, pulled its annual forecast on Wednesday and said it was shifting to quarterly projections because of macroeconomic uncertainty.U.S. President Donald Trump's wave of tariffs has de...Reuters
Wed, Apr 23
CANADA STOCKS-TSX opens higher after Trump says won't fire Fed chair Powell
April 23 (Reuters) - Canada's main stock index opened higher on Wednesday as investors welcomed U.S. President Donald Trump's assurance that he would not fire Federal Reserve Chairman Jerome Powell, along with his hints of a possible trade deal with China.At 9:31 a.m. ET (1331 GMT), the Toro...Reuters
Wed, Apr 23
US STOCKS SNAPSHOT-Wall Street jumps at open as Trump says he has no plans to fire Powell
April 23 (Reuters) - Wall Street's main indexes rallied at the open on Wednesday after U.S. President Donald Trump dialed back on his threats to fire Federal Reserve Chair Jerome Powell and raised hopes for a trade deal with China.The Dow Jones Industrial Average .DJI rose 628.0 points, or 1.60%...Reuters
Wed, Apr 23
Healthcare Services Group Inc reports results for the quarter ended March 31 - Earnings Summary
Healthcare Services Group Inc HCSG.OQ reported quarterly adjusted earnings of 23 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of five analysts for the quarter was for earnings of 18 cents pe...Reuters
Wed, Apr 23
Watsco Inc reports results for the quarter ended March 31 - Earnings Summary
Watsco Inc WSO.N reported quarterly adjusted earnings of $1.93 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.17. The mean expectation of fourteen analysts for the quarter was for earnings of $2.26 per share. Wall Street expect...Reuters
Wed, Apr 23
Virtu Financial Inc reports results for the quarter ended March 31 - Earnings Summary
Virtu Financial Inc VIRT.OQ reported quarterly adjusted earnings of $1.30 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of nine analysts for the quarter was for earnings of $1.20 per share. Wall St...Reuters
Wed, Apr 23
Norfolk Southern Corp reports results for the quarter ended March 31 - Earnings Summary
Norfolk Southern Corp NSC.N reported quarterly adjusted earnings of $2.69 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.49. The mean expectation of twenty four analysts for the quarter was for earnings of $2.69 per share. Wal...Reuters
Wed, Apr 23
First Community Corp (South Carolina) reports results for the quarter ended March 31 - Earnings Summary
First Community Corp (South Carolina) FCCO.OQ reported quarterly adjusted earnings of 51 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of three analysts for the quarter was for earnings of 45...Reuters
Wed, Apr 23
Old Dominion Freight Line Inc reports results for the quarter ended March 31 - Earnings Summary
Old Dominion Freight Line Inc ODFL.OQ reported quarterly adjusted earnings of $1.19 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.34. The mean expectation of twenty two analysts for the quarter was for earnings of $1.14 per sh...Reuters
Wed, Apr 23
M/I Homes Inc reports results for the quarter ended March 31 - Earnings Summary
M/I Homes Inc MHO.N reported quarterly adjusted earnings of $3.98 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $4.78. The mean expectation of two analysts for the quarter was for earnings of $4.16 per share. Wall Street expected...Reuters
Wed, Apr 23
