Latest Stories
Why Celsius (CELH) Shares Are Sliding Today
Shares of energy drink company Celsius (NASDAQ:CELH) fell 12.2% in the morning session after the company reported underwhelming third-quarter earnings. Notably, revenue fell sharply by 31% year on year due to reduced orders from the company's largest distributor, which was in the middle of an inventory optimization process. The effect of the sales miss rippled all the way down from the gross margin line, which declined, leading to a miss on EBITDA and EPS. Overall, this was a weaker quarter.
Schneider National (NYSE:SNDR) Misses Q3 Revenue Estimates, Stock Drops
Transportation company Schneider (NYSE:SNDR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 2.7% year on year to $1.32 billion. Its non-GAAP profit of $0.18 per share was also 20.7% below analysts’ consensus estimates.
SmartRent (NYSE:SMRT) Reports Sales Below Analyst Estimates In Q3 Earnings
Smart home company SmartRent (NYSE:SMRT) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 30.3% year on year to $40.51 million. Its GAAP loss of $0.05 per share was also 150% below analysts’ consensus estimates.
eHealth (NASDAQ:EHTH) Misses Q3 Revenue Estimates, But Stock Soars 7.8%
Online health insurance comparison site eHealth (NASDAQ:EHTH) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 9.7% year on year to $58.41 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $482.5 million at the midpoint. Its GAAP loss of $1.83 per share was 20.3% below analysts’ consensus estimates.
MasterCraft’s (NASDAQ:MCFT) Q3 Sales Top Estimates, Full-Year Sales Guidance Is Optimistic
Sport boat manufacturer MasterCraft (NASDAQ:MCFT) reported Q3 CY2024 results beating Wall Street’s revenue expectations, but sales fell 37.3% year on year to $65.36 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $60 million was less impressive, coming in 1.1% below expectations. Its non-GAAP profit of $0.12 per share was also 320% above analysts’ consensus estimates.
JLL (NYSE:JLL) Reports Upbeat Q3
Real estate firm JLL (NYSE:JLL) announced better-than-expected revenue in Q3 CY2024, with sales up 14.8% year on year to $5.87 billion. Its non-GAAP profit of $3.50 per share was also 27.9% above analysts’ consensus estimates.
Dine Brands (NYSE:DIN) Misses Q3 Revenue Estimates
Casual restaurant chain Dine Brands (NYSE:DIN) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 3.7% year on year to $195 million. Its non-GAAP profit of $1.44 per share was 7.3% above analysts’ consensus estimates.
Vishay Intertechnology (NYSE:VSH) Misses Q3 Sales Targets
Semiconductor manufacturer Vishay Intertechnology (NYSE:VSH) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 13.9% year on year to $735.4 million. The company’s full-year revenue guidance of $720 million at the midpoint came in 75.9% below analysts’ estimates. Its GAAP loss of $0.14 per share was also 197% below analysts’ consensus estimates.
Howmet (NYSE:HWM) Reports Sales Below Analyst Estimates In Q3 Earnings
Aerospace and defense company Howmet (NYSE:HWM) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 10.7% year on year to $1.84 billion. Next quarter’s revenue guidance of $1.87 billion underwhelmed, coming in 1.2% below analysts’ estimates. Its non-GAAP profit of $0.71 per share was 8.6% above analysts’ consensus estimates.
WeightWatchers (NASDAQ:WW) Posts Q3 Sales In Line With Estimates
Personal wellness company WeightWatchers (NASDAQ:WW) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 10.2% year on year to $192.9 million. On the other hand, the company’s full-year revenue guidance of $770 million at the midpoint came in slightly below analysts’ estimates. Its GAAP loss of $4.67 per share was 5,068% below analysts’ consensus estimates.