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Why Compass (COMP) Stock Is Up Today
Shares of real estate technology company Compass (NYSE:COMP) jumped 18.6% in the afternoon session after the company reported first quarter results that beat analysts' revenue and adjusted EBITDA expectations. Notably, the company recorded a 7.1% growth in transactions despite a 3.5% decline for the entire residential real estate market in the first quarter, as reported by the National Association of Realtors. Guidance was also encouraging as next quarter's revenue guidance came in higher than Wall Street's estimates. Overall, this was a solid quarter for Compass.
Why Are YETI (YETI) Shares Soaring Today
Shares of outdoor lifestyle products brand (NYSE:YETI) jumped 16.1% in the pre-market session after the company reported first quarter results that blew past analysts' EPS expectations. Its revenue also outperformed Wall Street's estimates. The company called out a balanced contribution from both wholesale and direct-to-consumer channels. International sales also grew to a record 19%, assisted by a re-acceleration in domestic growth. While full year revenue guidance was maintained, EPS guidance was raised. Overall, we think this was a really good quarter that should please shareholders.
Warner Bros. Discovery (NASDAQ:WBD) Reports Sales Below Analyst Estimates In Q1 Earnings
Global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) missed analysts' expectations in Q1 CY2024, with revenue down 6.9% year on year to $9.96 billion. It made a GAAP loss of $0.40 per share, improving from its loss of $0.44 per share in the same quarter last year.
Roblox (NYSE:RBLX) Misses Q1 Revenue Estimates, Stock Drops 29.3%
Gaming metaverse operator Roblox (NYSE:RBLX) missed analysts' expectations in Q1 CY2024, with revenue up 22.3% year on year to $801.3 million. Next quarter's revenue guidance of $867.5 million also underwhelmed, coming in 7.6% below analysts' estimates. It made a GAAP loss of $0.43 per share, improving from its loss of $0.44 per share in the same quarter last year.
Endeavor (NYSE:EDR) Reports Sales Below Analyst Estimates In Q1 Earnings
Global talent agency and entertainment company Endeavor (NYSE:EDR) missed analysts' expectations in Q1 CY2024, with revenue up 15.9% year on year to $1.85 billion. It made a GAAP loss of $0.46 per share, down from its profit of $0.03 per share in the same quarter last year.
Hanesbrands (NYSE:HBI) Reports Sales Below Analyst Estimates In Q1 Earnings, But Stock Soars 6.1%
Clothing company Hanesbrands (NYSE:HBI) missed analysts' expectations in Q1 CY2024, with revenue down 16.8% year on year to $1.16 billion. On the other hand, the company expects next quarter's revenue to be around $1.36 billion, in line with analysts' estimates. It made a non-GAAP loss of $0.02 per share, improving from its loss of $0.06 per share in the same quarter last year.
Six Flags (NYSE:SIX) Misses Q1 Sales Targets
Amusement park operator Six Flags (NYSE:SIX) fell short of analysts' expectations in Q1 CY2024, with revenue down 6.3% year on year to $133.3 million. It made a GAAP loss of $0.98 per share, down from its loss of $0.84 per share in the same quarter last year.
Hilton Grand Vacations's (NYSE:HGV) Q1 Sales Beat Estimates
Timeshare vacation company Hilton Grand Vacations (NYSE:HGV) reported Q1 CY2024 results beating Wall Street analysts' expectations, with revenue up 23.8% year on year to $1.16 billion. It made a non-GAAP profit of $0.95 per share, improving from its profit of $0.64 per share in the same quarter last year.
Nova (NASDAQ:NVMI) Exceeds Q1 Expectations, Guides For Strong Sales Next Quarter
Semiconductor quality control company Nova (NASDAQ: NVMI) announced better-than-expected results in Q1 CY2024, with revenue up 7.3% year on year to $141.8 million. On top of that, next quarter's revenue guidance ($148 million at the midpoint) was surprisingly good and 5.3% above what analysts were expecting. It made a non-GAAP profit of $1.39 per share, improving from its profit of $1.23 per share in the same quarter last year.
iHeartMedia (NASDAQ:IHRT) Misses Q1 Revenue Estimates, Stock Drops
Global media and entertainment company iHeartMedia (NASDAQ:IHRT) fell short of analysts' expectations in Q1 CY2024, with revenue down 1.5% year on year to $799 million.