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Worthington (WOR) Q4 Earnings: What To Expect
Diversified industrial manufacturing company Worthington (NYSE:WOR) will be reporting results tomorrow afternoon. Here’s what to look for.
Broadcom (AVGO) Shares Skyrocket, What You Need To Know
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 21.3% in the morning session after the company posted strong third-quarter (FQ4 2024) results, with revenue and EPS surpassing Wall Street's expectations. Revenue rose 51% compared to the prior year, fueled by strong contributions from VMWare. Given the strong top-line growth, operating margins climbed to 63%, though semiconductor gross margins softened slightly due to a higher mix of AI-driven products. AI emerged as a centerpiece of Broadcom's strategy, generating $3.7 billion in revenue during the quarter—a 150% increase year-on-year—and representing a substantial portion of semiconductor sales. This highlights the company's growing dependence on AI technologies as a driver of future growth.
Why Is Upstart (UPST) Stock Soaring Today
Shares of aI-powered lending platform Upstart (NASDAQ:UPST) jumped 15.1% in the afternoon session after Needham analysts upgraded the stock from Hold to Buy and assigned a price target of $100. Following UPST's recent earnings, the analysts added, "Coming off the meetings, we believe that UPST has achieved a proper balance in funding, largely due to the increased appetite and partnerships with committed capital buyers.".
RH (RH) Stock Trades Up, Here Is Why
Shares of luxury furniture retailer RH (NYSE:RH) jumped 19.4% in the pre-market session after the company reported strong third-quarter results. It was great to see RH raise its full-year revenue and EBITDA guidance. Notably, demand for RH's products accelerated in the quarter, and continued to strengthen into the final quarter of the year, a positive growth indicator amid recent macroeconomic challenges. On the other hand, this quarter's gross margin and EBITDA fell short of Wall Street's estimates while revenue was in line, but the market seemed to weigh the outlook more.
Confluent (CFLT): Buy, Sell, or Hold Post Q3 Earnings?
Confluent trades at $30.88 per share and has stayed right on track with the overall market, gaining 10.9% over the last six months. At the same time, the S&P 500 has returned 11.5%.
Unpacking Q3 Earnings: MSC Industrial (NYSE:MSM) In The Context Of Other Maintenance and Repair Distributors Stocks
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at maintenance and repair distributors stocks, starting with MSC Industrial (NYSE:MSM).
Q3 Earnings Roundup: Sherwin-Williams (NYSE:SHW) And The Rest Of The Building Materials Segment
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the building materials industry, including Sherwin-Williams (NYSE:SHW) and its peers.
Reflecting On Semiconductors Stocks’ Q3 Earnings: Seagate Technology (NASDAQ:STX)
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the semiconductors industry, including Seagate Technology (NASDAQ:STX) and its peers.
Winners And Losers Of Q3: Nextdoor (NYSE:KIND) Vs The Rest Of The Social Networking Stocks
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at social networking stocks, starting with Nextdoor (NYSE:KIND).
Spotting Winners: J&J Snack Foods (NASDAQ:JJSF) And Shelf-Stable Food Stocks In Q3
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the shelf-stable food industry, including J&J Snack Foods (NASDAQ:JJSF) and its peers.