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Earnings

Albany’s (NYSE:AIN) Q3 Earnings Results: Revenue In Line With Expectations

Industrial equipment and engineered products manufacturer Albany (NYSE:AIN) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 6.1% year on year to $298.4 million. On the other hand, the company’s full-year revenue guidance of $1.24 billion at the midpoint came in 1.3% below analysts’ estimates. Its GAAP profit of $0.57 per share was 37.7% above analysts’ consensus estimates.

Oct 30, 2024
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Earnings

Remitly’s (NASDAQ:RELY) Q3 Sales Beat Estimates, Stock Jumps 18.3%

Online money transfer platform Remitly (NASDAQ:RELY) announced better-than-expected revenue in Q3 CY2024, with sales up 39.3% year on year to $336.5 million. On the other hand, next quarter’s revenue guidance of $340 million was less impressive, coming in 2.1% below analysts’ estimates. Its GAAP profit of $0.01 per share was also 114% above analysts’ consensus estimates.

Oct 30, 2024
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Earnings

Curtiss-Wright (NYSE:CW) Surprises With Strong Q3, Provides Encouraging Full-Year Guidance

Aerospace and defense company Curtiss-Wright (NYSE:CW) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 10.3% year on year to $798.9 million. The company expects the full year’s revenue to be around $3.07 billion, close to analysts’ estimates. Its GAAP profit of $2.89 per share was also 7.6% above analysts’ consensus estimates.

Oct 30, 2024
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Earnings

Accel Entertainment (NYSE:ACEL) Posts Better-Than-Expected Sales In Q3

Slot machine and terminal operator Accel Entertainment (NYSE:ACEL) announced better-than-expected revenue in Q3 CY2024, with sales up 5.1% year on year to $302.2 million. Its GAAP profit of $0.06 per share was 48.2% below analysts’ consensus estimates.

Oct 30, 2024
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Earnings

Carvana (NYSE:CVNA) Delivers Impressive Q3, Stock Jumps 19.9%

Online used car dealer Carvana (NYSE: CVNA) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 31.8% year on year to $3.66 billion.

Oct 30, 2024
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Earnings

Matson (NYSE:MATX) Posts Q3 Sales In Line With Estimates

Maritime transportation company Matson (NYSE:MATX) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 16.3% year on year to $962 million. Its GAAP profit of $5.89 per share was 24.1% above analysts’ consensus estimates.

Oct 30, 2024
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Earnings

Service International (NYSE:SCI) Reports Q3 In Line With Expectations, Stock Soars

Funeral services company Service International (NYSE:SCI) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 1.2% year on year to $1.01 billion. Its non-GAAP profit of $0.81 per share was 4.6% above analysts’ consensus estimates.

Oct 30, 2024
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Earnings

American Superconductor (NASDAQ:AMSC) Reports Upbeat Q3, Stock Soars

American Superconductor Corporation (AMSC) is a leading provider of megawatt-scale power resiliency solutions for the electrical grid and critical naval systems. reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 60.2% year on year to $54.47 million. Guidance for next quarter’s revenue was also optimistic at $57.5 million at the midpoint, 2.6% above analysts’ estimates. Its GAAP profit of $0.13 per share was also 2,049% above analysts’ consensus estimates.

Oct 30, 2024
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Earnings

Universal Display (NASDAQ:OLED) Misses Q3 Analysts’ Revenue Estimates, Stock Drops

OLED provider Universal Display (NASDAQ:OLED) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 14.6% year on year to $161.6 million. The company’s full-year revenue guidance of $635 million at the midpoint also came in 4.2% below analysts’ estimates. Its GAAP profit of $1.40 per share was 16.6% above analysts’ consensus estimates.

Oct 30, 2024
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Earnings

MGM Resorts (NYSE:MGM) Misses Q3 Sales Targets, Stock Drops

Hospitality and casino entertainment company MGM Resorts (NYSE:MGM) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 5.3% year on year to $4.18 billion. Its non-GAAP profit of $0.54 per share was 11% below analysts’ consensus estimates.

Oct 30, 2024