Equities Archives - Page 118 of 1061

2 minute read

Warner Bros. Discovery CEO Optimistic In the Wake Of NBA Rights Tug-Of-War: Report

May 9, 1:56 PM

Amid heated competition from Comcast's NBCUniversal and Amazon Prime Video, Warner's TNT faces a pivotal moment in negotiations with the NBA, poised to secure rights that could reshape its sports lineup and revenue streams.

AMZN

1 minute read

Why Is Berry Global Group Stock Falling Today?

By Nabaparna Bhattacharya

May 9, 1:33 PM

Berry Global Group shares decline as Q2 revenue misses expectations despite beating EPS estimates, with net sales down 6% year over year.

BERY

1 minute read

NCR Voyix Q1 2024: Mixed Bag With Revenue Dip, Profit Beat

By Lekha Gupta

May 9, 1:26 PM

NCR Voyix Corp reports 6% decline in Q1 FY24 revenues to $862M, surpassing consensus. Software & Services revenue grows 2%. Outlook reiterated.

VYX

1 minute read

Hanesbrands +5% After Q1 Results – Here’s Why

By Nabaparna Bhattacharya

May 9, 1:16 PM

Hanesbrands shares surge 5% after Q1 report, with adjusted EPS loss narrower than expected, boosted by increased gross profit margin.

HBI

2 minute read

Checking In: Hilton Grand Vacations’ Q1 Performance Exceeds Estimates, Backs Outlook

By Lekha Gupta

May 9, 12:52 PM

Hilton Grand Vacations Inc (HGV) reported Q1 FY24 sales of $1.16B, up from $934M last year. Adjusted EBITDA rose to $273M and EPS beat estimates at $0.95.

HGV

1 minute read

Why Is Madison Square Garden Stock Down Today?

By Lekha Gupta

May 9, 12:39 PM

Madison Square Garden Entertainment Corp. reported lower Q3 results with revenue of $228.3M, missing estimates. EPS of $0.06 beat expectations.

MSGE

1 minute read

Spectrum Brands +12% After Q2 Results – Read Why

By Nabaparna Bhattacharya

May 9, 12:32 PM

Spectrum Brands' shares surge after beating Q2 earnings estimates, driven by increased adjusted EPS and gross profit margins.

SPB

3 minute read

Investors Flock To Lower-Cost Vanguard S&P 500 ETF: Is It Time To Switch From SPY To VOO?

By Piero Cingari

May 9, 12:22 PM

A seismic shift is occurring among the world's largest ETFs. SPY has outflows of $28B, while VOO has inflows of $33B due to lower costs.

BLK

1 minute read

SolarEdge’s Q1 Results Cast Shadow With Revenue Decline, But CEO Remains Optimistic

By Lekha Gupta

May 9, 12:18 PM

SolarEdge Technologies, Inc. (NASDAQ: SEDG) announced its first quarter FY24 results, with revenues of $204.4 million and a net loss of $(1.90) per share. The company also repurchased shares and expects improvement in revenues as installations increase and new products are released.

CTEC

2 minute read

Roller Coaster Revival: Cedar Fair’s Q1 Sales Soar, Despite Hurdles, Eyes Set on Thrilling Season Ahead

By Lekha Gupta

May 9, 11:50 AM

Cedar Fair reports strong Q1 FY24 results, with 20% sales growth and $0.30 quarterly cash distribution. Merger with Six Flags under DOJ review.

FUN