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Micron forecasts upbeat quarterly revenue on strong AI memory chip demand
By Juby Babu March 20 (Reuters) - Micron Technology MU.O forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its high-bandwidth memory (HBM) chips used in AI models, sending its shares up 2% in after-hours trading.AI demand has significantly boosted...Reuters
Thu, Mar 20
PDD Holdings Delivers a Mixed Q4 Report
PDD Holdings (NASDAQ:PDD), a notable operator in global e-commerce, unveiled its financial results for the fourth quarter of 2024 on March 20. The company reported non-GAAP earnings per share (EPS) of $2.76, slightly exceeding the analyst estimate of $2.74. However, revenue of $15.15 billion missed...The Motley Fool
Thu, Mar 20
Why Taiwan Semiconductor Manufacturing Stock Jumped Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock posted gains in Thursday's trading despite a pullback for the broader market. The company's share price rose 2.1% in the daily session. Meanwhile, the S&P 500 closed out the day down 0.3%, and the Nasdaq Composite was down 0.4% in the session.Taiw...The Motley Fool
Thu, Mar 20
Nucor falls after projecting quarterly profit below estimates
** Shares of steelmaker Nucor NUE.N fall 3.2% to $125.40 after the bell** NUE forecasts Q1 2025 profit below estimates, as a weak steel pricing environment continues to weigh on its average selling prices** Sees Q1 adj. EPS to range between 50 cents and 60 cents, compared with analysts' estimate...Reuters
Thu, Mar 20
Nike shares reverse course to fall after co expects weaker Q4 revenue
** Sportswear giant Nike's NKE.N shares reverse course, last down ~4% at $68.75 in extended trading** Co expects fourth-quarter revenue to be down in mid-teens percentage range vs analysts' estimates of a 12.22% fall to $11.07 billion, as per data compiled by LSEG** NKE also expects Q4 gross...Reuters
Thu, Mar 20
Nucor forecasts first-quarter profit below estimates on lower steel pricing
March 20 (Reuters) - Nucor Corp NUE.N on Thursday forecast first-quarter 2025 profit below estimates as a weak steel pricing environment continues to weigh on its average selling prices, sending the steelmaker's shares down 4% after the bell.On an adjusted basis, the Charlotte, North Carolina-ba...Reuters
Thu, Mar 20
Lennar falls after lower Q1 profit on continued market weakness
** Homebuilder Lennar's shares LEN.N fall 3.2% to $116.21 after the bell** LEN posted lower Q1 profit, as high mortgage rates and house prices deterred potential buyers** Including losses of $62.5 mln incurred on technology investments, Q1 EPS of $1.96 fell from $2.57 a year ago** Quarterly aver...Reuters
Thu, Mar 20
Fidelity Investments Canada ULC Announces Cash Distributions For Certain Fidelity Etfs And ETF Series Of Fidelity Mutual Funds
March 20 (Reuters) - Fidelity Absolute Income Fund FCAB.TO:FIDELITY INVESTMENTS CANADA ULC ANNOUNCES CASH DISTRIBUTIONS FOR CERTAIN FIDELITY ETFS AND ETF SERIES OF FIDELITY MUTUAL FUNDSReuters
Thu, Mar 20
FedEx Beats on Revenue, Misses on EPS
FedEx (NYSE:FDX), the global shipping and logistics company, released its earnings report for the third quarter of its fiscal 2025 on March 20. The company reported a slight miss on adjusted earnings per share (EPS), posting $4.51 against an expected $4.56. However, it achieved commendable year-over...The Motley Fool
Thu, Mar 20
vTv Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
vTv Therapeutics Inc VTVT.OQ reported a quarterly adjusted loss of 55 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.67. The lone analyst forecast for the quarter was for a loss of 87 cents per share. Revenue was $17...Reuters
Thu, Mar 20
Lennar posts lower quarterly profit on sustained market weakness
March 20 - Lennar Corp LEN.N reported lower first-quarter profit on Thursday, as high mortgage rates and house prices deterred potential buyers, sending shares down 4% after the bell."While demand remains strong, persistently higher interest rates and inflation, combined with a downturn in consu...Reuters
Thu, Mar 20
FedEx Corp reports results for the quarter ended February 28 - Earnings Summary
FedEx Corp FDX.N reported quarterly adjusted earnings of $4.51 per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $3.86. The mean expectation of twenty seven analysts for the quarter was for earnings of $4.54 per share. Wall Stree...Reuters
Thu, Mar 20
BREAKINGVIEWS-Big state backlash may pay biggest dividends in UK
By Felix Martin LONDON, March 20 (Reuters Breakingviews) - Big government is facing a big challenge – and the backlash is going global.The assault on government started with Argentinian President Javier Milei, who was elected in November 2023 on the strength of his “chainsaw plan” to slash public...Reuters
Thu, Mar 20
Why IonQ Stock Got Thrashed on Thursday
IonQ (NYSE: IONQ), a very hot stock during the quantum computing bull run late last year and early in 2025, cooled down considerably on Thursday. Investors eagerly traded out of the stock on news from a monster rival in the tech sector, leaving IonQ with a more than 9% loss in price on the day. That...The Motley Fool
Thu, Mar 20
Lennar Corp reports results for the quarter ended February 28 - Earnings Summary
Lennar Corp LEN.N reported quarterly adjusted earnings of $1.96 per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of $2.57. The mean expectation of eighteen analysts for the quarter was for earnings of $1.73 per share. Wall Street ex...Reuters
Thu, Mar 20
Cibus Inc reports results for the quarter ended December 31 - Earnings Summary
Cibus Inc CBUS.OQ reported a quarterly adjusted loss of 87 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-12.59. The mean expectation of three analysts for the quarter was for a loss of 75 cents per share. Wall Street ...Reuters
Thu, Mar 20
Tenon Medical Inc reports results for the quarter ended December 31 - Earnings Summary
Tenon Medical Inc TNON.OQ reported a quarterly adjusted loss of $2.54 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-5.44. The mean expectation of two analysts for the quarter was for a loss of $2.54 per share. Wall Street e...Reuters
Thu, Mar 20
Runway Growth Finance Corp reports results for the quarter ended December 31 - Earnings Summary
Runway Growth Finance Corp RWAY.OQ reported quarterly adjusted earnings of 39 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of ten analysts for the quarter was for earnings of 42 cents per ...Reuters
Thu, Mar 20
Academy Sports And Outdoors (ASO) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Academy Sports And Outdoors (NASDAQ: ASO)Q4 2024 Earnings CallMar 20, 2025, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the Academy Sports and Outdoors fourth quarter fiscal 202...The Motley Fool
Thu, Mar 20
Kindercare Learning Companies Inc reports results for the quarter ended December 31 - Earnings Summary
Kindercare Learning Companies Inc KLC.N reported quarterly adjusted earnings of 9 cents per share for the quarter ended December 31. The mean expectation of eight analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 2 cents to 9 cents per shar...Reuters
Thu, Mar 20
