Latest Stories
Why Figs (FIGS) Shares Are Falling Today
Shares of healthcare apparel company Figs (NYSE:FIGS) fell 29.5% in the afternoon session after the company reported weak third-quarter earnings. Its EBITDA missed, and its EPS fell short of Wall Street's estimates.
Why The Trade Desk (TTD) Shares Are Falling Today
Shares of advertising software maker The Trade Desk (NASDAQ:TTD) fell 10.5% in the morning session after the company reported underwhelming third-quarter results, with revenue and EBITDA roughly in line with Wall Street's expectations.
Why Is Bill.com (BILL) Stock Soaring Today
Shares of payments and billing software maker Bill.com (NYSE:BILL) jumped 17.7% in the morning session after the company reported impressive third-quarter earnings which exceeded analysts' revenue and EPS estimates. The 19% year-over-year core revenue growth was driven by increased customer acquisition and higher payment volumes among newer cohorts, demonstrating the improved efficiency in converting new users. Operating income margin also improved, reflecting the company's ability to balance growth and profitability. As a result, Bill was able to provide an optimistic EPS forecast for the next quarter, which blew past analysts' expectations.
United Parcel Service: Buy, Sell, or Hold?
During the past six months, United Parcel Service has fallen to $133.45 per share. Shareholders have lost 9.7% of their capital, which is highly disappointing because the S&P 500 has climbed 15.5%. This may have investors wondering how to approach the situation.
AMC Networks (NASDAQ:AMCX) Beats Q3 Sales Targets
Television broadcasting and production company AMC Networks (NASDAQ:AMCX) reported Q3 CY2024 results exceeding the market’s revenue expectations, but sales fell 5.9% year on year to $599.6 million. Its non-GAAP profit of $0.91 per share was also 41.1% above analysts’ consensus estimates.
Air Transport Services (NASDAQ:ATSG) Misses Q3 Revenue Estimates
Air cargo transportation and logistics provider Air Transport Services Group (NASDAQ:ATSG) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 9.9% year on year to $471.3 million. Its non-GAAP profit of $0.13 per share was also 24.4% below analysts’ consensus estimates.
Paramount (NASDAQ:PARA) Reports Sales Below Analyst Estimates In Q3 Earnings
Multinational media and entertainment corporation Paramount (NASDAQ:PARA) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 5.6% year on year to $6.73 billion. Its non-GAAP profit of $0.49 per share was 102% above analysts’ consensus estimates.
Bloomin' Brands (NASDAQ:BLMN) Misses Q3 Sales Targets, Stock Drops 11.8%
Restaurant company Bloomin’ Brands (NASDAQ:BLMN) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 3.8% year on year to $1.04 billion. Its non-GAAP profit of $0.21 per share was 2.8% above analysts’ consensus estimates.
Flowers Foods (NYSE:FLO) Misses Q3 Revenue Estimates
Packaged bakery food company Flower Foods (NYSE:FLO) met Wall Street’s revenue expectations in Q3 CY2024, but sales were flat year on year at $1.19 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $5.13 billion at the midpoint. Its non-GAAP profit of $0.33 per share was 12.3% above analysts’ consensus estimates.
sIcahn Enterprises (NASDAQ:IEP) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops
Holding company and industrial conglomerate Icahn (NYSE:IEP) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 25.7% year on year to $2.22 billion. Its GAAP profit of $0.05 per share was also 76.2% below analysts’ consensus estimates.