Newsfeeds Archive - Page 12 of 246

1 minute read

Why Is Cloud Computing Company Nutanix’s Stock Diving Thursday?

May 30, 10:31 AM

Nutanix reported Q3 FY24 results with revenue up 17%, ACV billings up 20%, ARR up 24%, and adjusted EPS exceeding expectations. Nutanix sees Q4 revenue below consensus and also tightened its FY24 revenue forecast.

ADPV

2 minute read

Birkenstock’s Q2 Revenue Rises 22%, Beats Expectations With Strong Global Demand: Details

By Lekha Gupta

May 30, 9:12 AM

Birkenstock reports Q2 revenue, adjusted EPS that beat street view. The company also raised FY24 guidance for revenue and adjusted EBITDA.

BIRK

2 minute read

No Hugs For Build-A-Bear: Missed Q1 Earnings, Lower Sales Spark Premarket Plunge

By Lekha Gupta

May 30, 8:40 AM

Build-A-Bear totaled $114.7 million, marginally missing the analyst consensus of $120.6 million. Sales decreased 4.4% Y/Y.

BBW

1 minute read

Why HP Shares Are Surging Premarket Thursday

By Lekha Gupta

May 30, 6:59 AM

HPQ shares traded higher after reporting Q2 FY24 results with net revenue exceeding expectations and adjusted EPS surpassing consensus estimate.

HPQ

2 minute read

Lifting The Veil? US Reportedly Authorizes BP & Trinidad’s NGC To Tap Gas Reserves With Venezuela

By Lekha Gupta

May 30, 6:26 AM

BP & Trinidad's NGC reportedly received 2-year license from US Treasury to develop gas fields with Venezuela. Shell & EOG also bidding. Stock info provided.

2 minute read

Turbulent Outlook For American Airlines: Analysts Cut Forecasts As Competitive Pressures Mount

By Lekha Gupta

May 29, 3:30 PM

American Airlines lowers Q2 EPS guidance, analysts cut price target. Departure of Chief Commercial Officer announced.

AAL

1 minute read

ConocoPhillips’ Marathon Deal: Analyst Sees Short-Term Pain, Long-Term Gain

By Lekha Gupta

May 29, 2:54 PM

Analyst expects COP to have a negative reaction vs. its peers today. ConocoPhillips announced its plan for the acquisition of Marathon Oil. Can gain exposure through IEO and WEEI.

COP

1 minute read

Thermon Group Touts Revenue Rise In Q4 Amid Market Challenges, Sets FY25 Goals

By Lekha Gupta

May 29, 1:40 PM

Thermon Group reports Q4 revenue of $127.7M, beating consensus. Revenue driven by sales growth in diversified markets and decarbonization projects. Outlook for FY25 shows expected growth of 9% at midpoint.

THR