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AAPL US
Apple iPhone 16: Unique All-New Design Promised In New Report
The way the iPhone looks, works and feels could be about to change significantly. - forbes
24m ago
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AMED US
Amedisys Reports First Quarter 2024 Financial Results
BATON ROUGE, La., April 24, 2024 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three-month period ended March31, 2024. - globenewswire
29m ago
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CMG US
Chipotle Mexican Grill Q1 Earnings: Revenue Beat, EPS Beat, Comparable Sales Up 7% And More
Chipotle Mexican Grill, Inc . (NYSE: CMG ) reported financial results for the first quarter Wednesday after the bell. Here’s a rundown of the report and a look at why shares are sizzling after hours . Q1 Earnings: Chipotle said first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the  consensus estimate  of $2.675 billion, according to  Benzinga Pro . The fast-casual restaurant chain company reported adjusted earnings of $13.37 per share, which beat analyst estimates of $11.68 per share.  Comparable restaurant sales increased 7% year-over-year due to higher transactions and a 1.6% increase in average check. Digital sales represented 36.5% of food and beverage revenue. Operating ... Full story available on Benzinga.com - benzinga
31m ago
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CMG US
Chipotle reports big earnings beat, and its shares are jumping
The burrito chain said traffic increased 5.4% in its first quarter. - cnbc
34m ago
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CMG US
Chipotle shares rally after earnings beat helped by new menu items
- marketwatch
41m ago
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KALU US
Kaiser Aluminum Corporation ReportsFirst Quarter 2024 Financial Results
First Quarter 2024 Highlights: - globenewswire
44m ago
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ATNI US
ATN Reports First Quarter 2024 Results; Revises Full Year 2024 Outlook
First-to-Fiber and Glass & Steel Strategies Drive Continued Year-Over-Year Growth in High-Speed Data Subscribers and Network Reach - globenewswire
44m ago
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CMG US
Chipotle shares rally after earnings beat helped by new menu items
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for new menu items. - marketwatch
47m ago
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IBM US
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters. - cnbc
48m ago
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IBM US
IBM Q1 Earnings: Revenue Miss, EPS Beat, HashiCorp Acquisition, AI Strategy Strength And More
International Business Machines Corp (NYSE: IBM ) reported first-quarter financial results after the market close on Wednesday. Here’s a look at the key metrics from the quarter . Q1 Earnings: IBM’s first-quarter revenue increased 1% year-over-year to $14.46 billion, which missed the consensus estimate of $14.55 billion, according to Benzinga Pro .The company reported quarterly adjusted earnings of $1.68 per share, which beat analyst estimates of $1.60 per share. Software revenue was up 5% year-over-year, consulting revenue was flat and infrastructure revenue was down 1%. Cash flow from operations totaled $4.2 billion in the quarter. Free cash flow came in at $1.9 billion. IBM ended the quarter with $19.3 billion in cash ... Full story available on Benzinga.com - benzinga
51m ago
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RBBN US
Why Ribbon Communications Stock Is Soaring Today
Ribbon's earnings were lackluster, but a monumental contract with Verizon is turning heads on Wall Street. - fool
51m ago
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CMG US
Chipotle is defying restaurant slump as earnings, traffic rise again
The burrito chain said traffic increased 5.4% in its first quarter. - cnbc
54m ago
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CMG US
Chipotle is defying restaurant slump as earnings, traffic rise again
Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that beat analysts expectations, fueled by higher traffic to its restaurants. The stock rose 3% in extended trading. Heres what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $13.37 adjusted vs. $11.68 expected Revenue: $2.7 billion vs. $2.68 billion expected Chipotle reported first-quarter net income of $359.3 million, or $13.01 per share, up from $291.6 million, or $10.50 per share, a year earlier. Excluding a 36-cent hit from increases to its legal reserves, the burrito chain earned $13.37 per share. Net sales climbed 14.1% to $2.7 billion. The companys same-store sales rose 7%, topping StreetAccount estimates of 5.2%. Chipotle said traffic increased 5.4% from the year-ago period, while average check was up just 1.6%. In February, CFO Jack Hartung told analysts that unusually cold weather hurt January sales. But - reddit
57m ago
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PAGS US
PagSeguro Digital Ltd. Increases Yet Falls Behind Market: What Investors Need to Know
PagSeguro Digital Ltd. (NYSE: PAGS ) closed at $11.85 in the latest trading session, marking a +0.51% move from the prior day. This change lagged the S&P 500's 1.2% gain on the day. At the same time, the Dow added 0.69%, and the tech-heavy Nasdaq gained 1.59%. Coming into today, shares of the company had lost 15.3% in the past month. In that same time, the Business Services sector lost 6.46%, while the S&P 500 lost 4.16%. The upcoming earnings release of PagSeguro Digital Ltd. will be of great interest to investors. The company is expected to report EPS of $0.30, up 30.43% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $738.95 million, indicating a 2.37% growth compared to the corresponding quarter of the prior year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.29 per share and revenue ... Full story available on Benzinga.com - benzinga
58m ago
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LAC US
Lithium Americas Corp. Stock Falls Amid Market Uptick: What Investors Need to Know
The latest trading session saw Lithium Americas Corp. (NYSE: LAC ) ending at $4.68, denoting a -1.47% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.2%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.59%. Coming into today, shares of the lithium producer had lost 30.76% in the past month. In that same time, the Basic Materials sector lost 1.66%, while the S&P 500 lost 4.16%. The investment community will be paying close attention to the earnings performance of Lithium Americas Corp. in its upcoming release. The company is slated ... Full story available on Benzinga.com - benzinga
58m ago
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UPWK US
Upwork Rises Higher Than Market: Key Facts
In the latest market close, Upwork (NASDAQ: UPWK ) reached $11.37, with a +1.25% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.59%. Shares of the online freelance marketplace operator witnessed a loss of 9.44% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 6.83% and the S&P 500's loss of 4.16%. Investors will be eagerly watching for the performance of Upwork in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 1, 2024. On that day, Upwork is projected to report earnings of $0.19 per share, which would represent year-over-year growth of 2000%. At the same time, our ... Full story available on Benzinga.com - benzinga
58m ago
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UBER US
Uber Technologies, Inc. Is a Trending Stock: Facts to Know Before Betting on It
Uber Technologies (NYSE: UBER ) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this ride-hailing company have returned -9.1%, compared to the Zacks S&P 500 composite's -3% change. During this period, the Zacks Internet - Services industry, which Uber falls in, has gained 3.6%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is - benzinga
58m ago
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AZZ US
AZZ Inc. Announces Proposed Public Offering of Common Stock
FORT WORTH, Texas, April 24, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced that it is offering 4.0 million shares of its common stock in an underwritten public offering. The offering is... - prnewswire:443
59m ago
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SEAC US
SeaChange Announces an Agreement to be Acquired by Enghouse and Termination of Previously Announced Proposed Acquisition by Partner One
BOSTON, April 24, 2024 (GLOBE NEWSWIRE) -- SeaChange International, Inc . (OTC: SEAC) (SeaChange or the Company), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, has entered into an asset purchase agreement (the Enghouse Purchase Agreement) under which an affiliate of Enghouse Systems Limited (Enghouse), a leading global telecommunication technology and solutions company that provides next generation communications solutions to communication service providers (including TV / cable operators), media companies, defense, public safety agencies, and utilities, will acquire substantially all of SeaChanges assets related to its product and services business (the Enghouse Asset Sale), and will assume certain liabilities, for a total purchase price of $39 million, less SeaChanges cash and cash equivalents at closing (Closing). The Company currently expects the transaction will result in net p - globenewswire
59m ago
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NBR US
Nabors Announces First Quarter 2024 Results
HAMILTON, Bermuda, April 24, 2024 /PRNewswire/ -- Nabors Industries Ltd. ('Nabors' or the 'Company') (NYSE: NBR) today reported first quarter 2024 operating revenues of $734 million, compared to operating revenues of $726 million in the fourth quarter of 2023. The net loss attributable to... - prnewswire:443
59m ago
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COFS US
ChoiceOne Reports First Quarter 2024 Results
SPARTA, Mich., April 24, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ('ChoiceOne', NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended March 31, 2024. Financial Highlights ChoiceOne reported net income of $5,634,000 for the... - prnewswire:443
59m ago
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RAIL US
FreightCar America, Inc. To Release First Quarter Results On May 8, 2024
CHICAGO, April 24, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its first quarter 2024 financial results on Wednesday, May 8, 2024 after the market close. The conference call and live webcast will be held on Thursday, May 9 at 11:00 a.m. (Eastern Time), and will be available on the Investor Relations page of the Companys website at www.freightcaramerica.com . - globenewswire
59m ago
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TSLA US
Tesla Q1 Earnings Miss Expectations, Decline Y/Y
Tesla (NASDAQ: TSLA ) posted disappointing first-quarter 2024 results, missing both earnings and revenue estimates. This marked the third earnings miss in a row for the electric vehicle behemoth, following 10 straight quarters of beat. The company remained cautious about its vehicle volume growth rate for 2024, which is expected to be noticeably lower than 2023. First-quarter earnings per share of 45 cents missed the Zacks Consensus Estimate of 46 cents and also declined from the year-ago figure of 85 cents. Total revenues of $21.3 billion missed the consensus mark of $22.6 billion and declined 9% year over year. Tesla, Inc. Price, Consensus and EPS Surprise Tesla, Inc. price-consensus-eps-surprise-chart | Tesla, Inc. Quote Key Takeaways Tesla's first-quarter production totaled 433,371 units (412,376 Model 3/Y and 20,995 other models), which declined 2% year over year and missed our estimate of 474,571 units. The company delivered 386,810 vehicles, reflecti - benzinga
1h ago
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TSLA US
Tesla Posts Strongest Session Since January 2022: Is A Trend Reversal Underway?
Shares of Tesla Inc. (NASDAQ: TSLA ) experienced a remarkable 12% increase on Wednesday, marking the strongest session for the electric vehicle (EV) maker since January 2022. This surge occurred despite the company's Q1 2024 earnings falling short of Wall Street expectations in both earnings and revenue. Investors were seemingly encouraged by Tesla’s commitment to launching more affordable models, aiming to broaden its market reach and potentially boost future revenues. Adding to the positive sentiment, Tesla received an important endorsement from Bank of America, which upgraded its rating on the stock from Neutral to Buy. Analyst John Murphy highlighted Tesla's ability to address recent challenges effectively. He noted that although the company faced slower volume growth, lower prices may offer more demand incentives, and while margins are expected to be hit, cost-saving efforts have led to better-than-expected results. Read also: 8 Tesla Analysts Size - benzinga
1h ago
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CMG US
CHIPOTLE ANNOUNCES FIRST QUARTER 2024 RESULTS
COMPARABLE SALES INCREASE 7% DRIVEN BY OVER 5% TRANSACTION GROWTH AS MARGINS EXPAND NEWPORT BEACH, Calif., April 24, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2024. First quarter highlights, year... - prnewswire:443
1h ago
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ROL US
ROLLINS, INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS
Double-Digit Revenue Growth Drives Solid Increase in Earnings and Cash Flow ATLANTA, April 24, 2024 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ('Rollins' or the 'Company'), a premier global consumer and commercial services company, reported unaudited financial results for the first quarter... - prnewswire:443
1h ago
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KTHN US
Katahdin Bankshares Corp. Reports First Quarter 2024 Results
HOULTON, Maine, April 24, 2024 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), the parent company of Katahdin Trust Company, a full-service community bank in Maine founded in 1918, has announced 2024 first-quarter earnings of $2.04 million, or $0.64 per common share. Total assets... - prnewswire:443
1h ago
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TSLA US
Tesla surges after Elon Musk says new affordable EV models coming
Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025. - cnbc
1h ago
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CHDN US
Churchill Downs Incorporated Reports 2024 First Quarter Results
LOUISVILLE, Ky., April 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the 'Company', 'CDI', 'we') today reported business results for the first quarter ended March 31, 2024. - globenewswire
1h ago
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HAS US
Why Hasbro Stock Popped Today
The company's cash flow made a big jump in spite of a sales slump. - fool
1h ago
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ITCI US
Intra-Cellular Therapies Announces Closing of $575 Million Public Offering Including Full Exercise of Underwriters Option to Purchase Additional Shares
NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Intra-Cellular Therapies, Inc.(Nasdaq: ITCI) (Intra-Cellular Therapies), a biopharmaceutical company focused on the development and commercialization of therapeutics for central nervous system (CNS) disorders, today announced that it has completed the sale of an additional 1,027,397 shares of its common stock at a public offering price of $73.00 per share on April 24, 2024, pursuant to the full exercise of the option granted by Intra-Cellular Therapies to the underwriters in connection with its previously announced public offering of 6,849,316 shares of common stock, which closed on April 22, 2024. - globenewswire
1h ago
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WSO US
Why Watsco Stock Is Higher Today
The company believes headwinds will dissipate as the summer heats up. - fool
1h ago
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RSX US
Vladimir Putin dealt major blow as key weapon proving to be 'major flop'
Ukraine's army holds a clear advantage over the Kremlin's forces in one vital area, despite being outgunned 10 to one. - feedburner
1h ago
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ACOM US
The census asks you about your ancestry and country of birth. Some experts say that's not enough
The ABS has scrapped plans to collect information about ethnicity in the 2026 census, and some experts say it is missing a huge opportunity. - abc net au
1h ago
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HAS US
Investors Reward Hasbro And Mattel For Cost Cuts And Inventory Reductions
Hasbro and Mattel stock are up, despite reporting that sales declined in the first quarter. Hasbro's revenue plunged 24% but Wall Street expected an even greater drop. - forbes
1h ago
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TSLA US
Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule
On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected. - feedburner
1h ago
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BA US
Boeing burns through $4bn in first quarter after door plug blowout
Results reflect slowdown of 737 Max production and compensation to customers - ft
2h ago
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RLI US
Navigating 4 Analyst Ratings For RLI
RLI (NYSE: RLI ) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D 1 0 1 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $161.5, along with a high estimate of $175.00 and a low estimate of $148.00. This upward trend is apparent, with the current average reflecting a 3.97% increase from the previous average price target of $155.33. Breaking Down Analyst Ratings: A Detailed Examination The standing of RLI among financ - benzinga
2h ago
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TSLA US
Tesla shows Wall Street a path to positive catalysts, BofA says
Tesla Inc.s better-than-expected quarterly earnings and reassurances from the EV maker that it is on a path of positive catalysts led to a stock upgrade at BofA Securities on Wednesday. - marketwatch
2h ago
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BA US
Boeing (BA) Q1 2024 Earnings Call Transcript
BA earnings call for the period ending March 31, 2024. - fool
2h ago
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AMZN US
Jeff Bezos isn't a fan of 'time blocking'here's what he does instead to boost his productivity
Jeff Bezos doesn't time block or stick to a strict schedule to be successful and productive. Instead, he allots however much time he needs for mind wandering. - cnbc
2h ago
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CRM US
Looking At Salesforce's Recent Unusual Options Activity
Whales with a lot of money to spend have taken a noticeably bearish stance on Salesforce . Looking at options history for Salesforce (NYSE: CRM ) we detected 17 trades. If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 47% with bearish. From the overall spotted trades, 4 are puts, for a total amount of $295,628 and 13, calls, for a total amount of $888,921. What's The Price Target? After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $200.0 and $410.0 for Salesforce, spanning the last three months. Analyzing Volume & Open Interest Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Salesforce's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and o - benzinga
2h ago
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TMO US
Thermo Fisher Scientific (TMO) Q1 2024 Earnings Call Transcript
TMO earnings call for the period ending March 31, 2024. - fool
2h ago
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TAP US
Molson Coors gains from the Bud Light boycott have run their course
- marketwatch
3h ago
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TSLA US
Tesla's growth plan may be adding 'too much hope': YouTuber - Yahoo Finance
Tesla's growth plan may be adding 'too much hope': YouTuber    Yahoo Finance Tesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025    CNBC Elon Musk Needs Cheaper Teslas to Pay for Everything Else He Wants    The Wall Street Journal Facebook Parent Meta Reports Earnings Today. What to Expect This Time.    Barron's Tesla needed what Elon Musk delivered during Q1 Earnings: Wedbush    TESLARATI - news google
3h ago
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TSLA US
Stock market today: Tesla surges, stocks flip flop as investors await Meta earnings - Yahoo Finance
Stock market today: Tesla surges, stocks flip flop as investors await Meta earnings    Yahoo Finance Stock market today: Live updates    CNBC Tesla's Big Rally Drives the Nasdaq Higher    The Wall Street Journal Dow Jones Today: Stocks Rebound; Tesla Surges Post-Earnings    Investopedia S&P 500 ends higher as markets weigh rising yields, upbeat corporate results    Reuters - news google
3h ago
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ADBE US
Adobe Unusual Options Activity
Deep-pocketed investors have adopted a bearish approach towards Adobe (NASDAQ: ADBE ), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ADBE usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Adobe. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 15% leaning bullish and 53% bearish. Among these notable options, 7 are puts, totaling $349,653, and 6 are calls, amounting to $699,791. Predicted Price Range Analyzing the Volume and Open Interest in these contracts, it seems that the ... Full story available on Benzinga.com - benzinga
3h ago
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TAP US
Molson Coors gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Lights sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday. - marketwatch
3h ago
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CALX US
9 Analysts Have This To Say About Calix
In the preceding three months, 9 analysts have released ratings for Calix (NYSE: CALX ), presenting a wide array of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 9 0 0 0 0 Last 30D 3 0 0 0 0 1M Ago 4 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $45.44, a high estimate of $50.00, and a low estimate of $35.00. A 10.6% drop is evident in the current average compared to the previous average price target of $50.83. Breaking Down Analyst Ratings: A Detailed Examination A comprehensive examination of how financial experts perceive Ca - benzinga
3h ago
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TSLA US
Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What's Driving Markets Wednesday?
Rising Treasury yields have investors cautious despite positive news from the earnings season. The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the highest level since early November, ahead of crucial economic data on Thursday. The iShares 20+ Year Treasury Bond ETF (NASDAQ: TLT ) fell 0.9%, extending its year-to-date drop to 10%. Rising yields are propelling the greenback higher, particularly against the low-yielding Japanese yen which tumbled to past 155 per dollar, hitting the lowest level since June 1990. Tesla Inc. posted lower-than-expected results last quarter, but shares rose 10%. Investors reacted to the automaker’s pledge to produce more affordable models to broaden the market. The S&P 500 fell 0.4% by midday trading in New York; the tech-heavy Nasdaq 100 managed to hold steady; and small caps saw wider declines, with the iShares Russell 2000 ETF (NYSE: IWM ) down 1%. Gold remains unchang - benzinga
3h ago
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