Latest Stories
B&G Foods (NYSE:BGS) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops 13.9%
Packaged foods company B&G Foods (NYSE:BGS) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 8.3% year on year to $461.1 million. The company’s full-year revenue guidance of $1.94 billion at the midpoint came in slightly below analysts’ estimates. Its non-GAAP profit of $0.13 per share was also 34.5% below analysts’ consensus estimates.
Coupang (NYSE:CPNG) Beats Q3 Sales Targets But Stock Drops
E-commerce platform Coupang (NYSE:CPNG) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 27.2% year on year to $7.87 billion. Its GAAP profit of $0.04 per share was also 289% above analysts’ consensus estimates.
Limbach (NASDAQ:LMB) Surprises With Strong Q3, Stock Jumps 16.8%
Building systems company Limbach (NASDAQ:LMB) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 4.8% year on year to $133.9 million. The company’s full-year revenue guidance of $530 million at the midpoint came in 2.1% above analysts’ estimates. Its GAAP profit of $0.62 per share was also 17% above analysts’ consensus estimates.
Qualys’s (NASDAQ:QLYS) Q3 Sales Top Estimates, Stock Jumps 17.7%
Cloud security and compliance software provider Qualys (NASDAQ:QLYS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 8.4% year on year to $153.9 million. Guidance for next quarter’s revenue was better than expected at $156 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $1.56 per share was also 16.8% above analysts’ consensus estimates.
Latham (NASDAQ:SWIM) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops
Residential swimming pool manufacturer Latham (NASDAQ:SWIM) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 6.4% year on year to $150.5 million. The company’s full-year revenue guidance of $505 million at the midpoint came in 1.4% below analysts’ estimates. Its GAAP profit of $0.05 per share was 1.1% above analysts’ consensus estimates.
Grocery Outlet’s (NASDAQ:GO) Q3 Earnings Results: Revenue In Line With Expectations
Discount grocery store chain Grocery Outlet (NASDAQ:GO) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 10.4% year on year to $1.11 billion. On the other hand, the company’s full-year revenue guidance of $4.35 billion at the midpoint came in slightly below analysts’ estimates. Its non-GAAP profit of $0.28 per share was 3.4% above analysts’ consensus estimates.
Mercury Systems (NASDAQ:MRCY) Delivers Strong Q3 Numbers
Aerospace and defense company Mercury Systems (NASDAQ:MRCY) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 13% year on year to $204.4 million. Its non-GAAP profit of $0.04 per share was also 150% above analysts’ consensus estimates.
Revolve (NYSE:RVLV) Beats Q3 Sales Targets, Stock Soars
Online fashion retailer Revolve Group (NASDAQ: RVLV) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 9.9% year on year to $283.1 million. Its GAAP profit of $0.15 per share was also 58% above analysts’ consensus estimates.
Why Palantir (PLTR) Stock Is Trading Up Today
Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 22.9% in the morning session after the company reported a "beat and raise" quarter. Third-quarter results blew past analysts' revenue and EBITDA expectations. Sales improved during the quarter due to solid demand for Palantir's AI offerings (powered by its artificial intelligence platform) across the U.S. government and commercial sectors and more efficient scaling of solutions from prototypes to production.
Why The RealReal (REAL) Stock Is Up Today
Shares of secondhand luxury marketplace The RealReal (NASDAQ: REAL) jumped 18.4% in the morning session after the company reported a "beat and raise" quarter. Third-quarter earnings blew past analysts' Gross Merchandise Value (GMV), revenue and EBITDA expectations. Volumes increased year on year, exceeding expectations and making up for the shortfall in buyer count. Its full-year EBITDA guidance also exceeded Wall Street's estimates. Overall, this was a strong quarter.