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Netflix (NASDAQ:NFLX) Surprises With Q1 Sales, Increases Its users
Streaming video giant Netflix (NASDAQ: NFLX) beat analysts' expectations in Q1 CY2024, with revenue up 14.8% year on year to $9.37 billion. The company expects next quarter's revenue to be around $9.49 billion, in line with analysts' estimates. It made a GAAP profit of $5.28 per share, improving from its profit of $2.88 per share in the same quarter last year.
Genuine Parts (GPC) Shares Skyrocket, What You Need To Know
Shares of auto and industrial parts retailer Genuine Parts (NYSE:GPC) jumped 12.1% in the morning session after the company reported a "beat and raise" quarter. First quarter results beat Wall Street analysts' earnings expectations. Gross margin also improved and the company continued to generate positive cash flows. Looking ahead, its full-year earnings guidance exceeded Wall Street's estimates and was raised to $9.88 at the midpoint vs. the previous midpoint of $9.80. On the other hand, its revenue unfortunately missed analysts' expectations during the quarter. Zooming out, we think this was still a decent, albeit mixed, quarter, showing that the company is staying on track.
Why Is Duolingo (DUOL) Stock Soaring Today
Shares of language-learning app Duolingo (NASDAQ:DUOL) jumped 8.5% in the morning session after the S&P Dow Jones Indices announced that the company would join the S&P MidCap 400 index before the start of trading on Monday, April 22, 2024. Being included in the index means that Duolingo will likely be held by many mutual funds and ETFs, which could potentially drive up demand for the stock.
Genuine Parts (NYSE:GPC) Misses Q1 Sales Targets
Auto and industrial parts retailer Genuine Parts (NYSE:GPC) missed analysts' expectations in Q1 CY2024, with revenue flat year on year at $5.78 billion. It made a non-GAAP profit of $2.22 per share, improving from its profit of $2.14 per share in the same quarter last year.
Q4 Earnings Highs And Lows: WideOpenWest (NYSE:WOW) Vs The Rest Of The Cable and Satellite Stocks
Let's dig into the relative performance of WideOpenWest (NYSE:WOW) and its peers as we unravel the now-completed Q4 cable and satellite earnings season.
Q4 Rundown: Wingstop (NASDAQ:WING) Vs Other Modern Fast Food Stocks
Earnings results often indicate what direction a company will take in the months ahead. With Q4 now behind us, let’s have a look at Wingstop (NASDAQ:WING) and its peers.
Q4 Earnings Roundup: TEGNA (NYSE:TGNA) And The Rest Of The Broadcasting Segment
As the Q4 earnings season wraps, let's dig into this quarter's best and worst performers in the broadcasting industry, including TEGNA (NYSE:TGNA) and its peers.
Q4 Earnings Outperformers: Six Flags (NYSE:SIX) And The Rest Of The Leisure Facilities Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how leisure facilities stocks fared in Q4, starting with Six Flags (NYSE:SIX).
Q4 Gaming Solutions Earnings: Rush Street Interactive (NYSE:RSI) Impresses
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Rush Street Interactive (NYSE:RSI) and the best and worst performers in the gaming solutions industry.
Winners And Losers Of Q4: Magnachip (NYSE:MX) Vs The Rest Of The Analog Semiconductors Stocks
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Magnachip (NYSE:MX) and the best and worst performers in the analog semiconductors industry.