Latest Stories
Stratasys (SSYS) Shares Skyrocket, What You Need To Know
Shares of 3D printing company Stratasys (NASDAQ:SSYS) jumped 21.3% in the morning session after the company reported impressive third-quarter results that blew past analysts' EPS and EBITDA outperformed Wall Street's estimates. Sales were roughly in line with expectations, enabling the company to meet revenue guidance for the full year. However, sales declined 13.6% year-on-year due to a drop in hardware sales, as customers reduced capital spending amid economic uncertainty. However, the guidance was more optimistic as management expects a slight sequential improvement in hardware sales, particularly in the dental and government sectors. Zooming out, we think this was a solid quarter.
The Honest Company (HNST) Shares Skyrocket, What You Need To Know
Shares of personal care company The Honest Company (NASDAQ:HNST) jumped 32.3% in the morning session after the company reported strong third-quarter results that blew past analysts' revenue, EBITDA, and EPS expectations. The improved sales and profitability were mostly driven by strong performance in baby and personal care products. Looking ahead, full-year EBITDA guidance also outperformed Wall Street's estimates. However, the company is keeping a close watch on potential risks like the impact of tariffs on its Chinese-sourced wipes. Zooming out, this was a strong quarter for the company, showing that the business is staying on track.
Three Reasons Why We Love Yum! Brands (YUM)
Yum! Brands has shown little upside over the past six months. It has held steady at $135 per share, posting a small 1% loss. The stock also fell short of the S&P 500 index’s 14.8% return during that time.
Three Big Reasons To Love Uber (UBER)
Although Uber’s stock ($71.90 per share) has gained 8.9% over the last six months, it has trailed the S&P 500’s 14.8% return during that time. This might have investors contemplating their next move.
Two Reasons to Watch Netflix and One to Stay Cautious
Since November 2019, the S&P 500 has delivered a total return of 92.7%. But one standout stock has more than doubled the market - over the past five years, Netflix has surged 191% to $822.90 per share. The party hasn’t stopped as it’s also gained 33.5% in the last six months, beating the market by 19.1%. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Perma-Fix (NASDAQ:PESI) Misses Q3 Revenue Estimates
Environmental waste treatment and services provider Perma-Fix (NASDAQ:PESI) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 23.2% year on year to $16.81 million. Its GAAP loss of $0.57 per share was significantly below analysts’ consensus estimates.
Arcos Dorados (NYSE:ARCO) Reports Q3 In Line With Expectations
Fast-food chain Arcos Dorados (NYSE:ARCO) met Wall Street’s revenue expectations in Q3 CY2024, but sales were flat year on year at $1.13 billion. Its GAAP profit of $0.17 per share was 5.3% above analysts’ consensus estimates.
Griffon (NYSE:GFF) Exceeds Q3 Expectations, Stock Soars
Multi-industry consumer and professional products manufacturer Griffon Corporation (NYSE:GFF) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 2.9% year on year to $659.7 million. On the other hand, the company’s full-year revenue guidance of $2.6 billion at the midpoint came in 2.3% below analysts’ estimates. Its non-GAAP profit of $1.47 per share was 24.8% above analysts’ consensus estimates.
Stratasys (NASDAQ:SSYS) Reports Q3 In Line With Expectations
3D printing company Stratasys (NASDAQ:SSYS) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 13.6% year on year to $140 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $575 million at the midpoint. Its non-GAAP profit of $0.01 per share was 129% above analysts’ consensus estimates.
Dole (NYSE:DOLE) Posts Better-Than-Expected Sales In Q3
Fresh produce company Dole (NYSE:DOLE) reported Q3 CY2024 results exceeding the market’s revenue expectations, but sales were flat year on year at $2.06 billion. Its non-GAAP profit of $0.19 per share was 4.4% below analysts’ consensus estimates.