Equities Archives - Page 150 of 1061

1 minute read

What’s Going On With Dana Shares After Reporting Q1 Results?

April 30, 2:08 PM

Dana reported Q1 sales beat, affirming FY24 guidance amid efficiency gains. Company-wide efficiency improvements continue to offset the margin impact of inflation and spending on development for electric-vehicle products, Dana said.

DAN

2 minute read

Roku Inks Pact With The Trade Desk – What’s Going On?

By Nabaparna Bhattacharya

April 30, 1:52 PM

Roku partners with The Trade Desk to enhance advertisers' TV streaming campaigns through data-driven insights, while also expanding measurement capabilities with iSpot.tv.

ROKU

2 minute read

Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What’s Driving Markets Tuesday?

By Piero Cingari

April 30, 1:35 PM

Investor apprehension grips Wall Street with major indices showing midday losses on Tuesday in New York trading, ahead of the Federal Reserve’s potentially hawkish pivot in Wednesday’s meeting.

ACGL

2 minute read

Why Truck Manufacturer PACCAR Shares Are Declining Today

By Lekha Gupta

April 30, 1:35 PM

PACCAR Inc (NASDAQ: PCAR) reported Q1 FY24 results, sales of $8.74B, EPS of $2.27, and investments in new truck models and technology. Stock down 7.93%.

FTXR

2 minute read

Enterprise Products Q1 Bottom-Line Misses By A Whisker: Details

By Akanksha Bakshi

April 30, 1:34 PM

EPD's Q1 2024 sales grew 18.6% YoY to $14.76B, beating consensus. Adjusted EBITDA rose to $2.47B, but EPS missed. Company expects $3.25-3.75B organic growth investment and $550M sustaining capex in 2024.

EPD

1 minute read

Molson Coors Beverage Shares Take A Hit Despite Q1 Beat – What’s Going On?

By Shivani Kumaresan

April 30, 1:04 PM

Molson Coors Beverage impresses with 10.8% sales growth in Q1 FY24, reaching $2.60 billion, surpassing estimates. Strong performance driven by increased volumes, favorable pricing, and currency effects.

TAP

1 minute read

Mixed Signals For Illinois Tool Works: Q1 Profit Soars, Revenue Stumbles

By Lekha Gupta

April 30, 12:50 PM

ITW's Q1 FY24 revenue misses consensus at $3.97B. EPS beats at $2.44. Operating income up 16%, margin at 28.4%. FY24 EPS guidance raised.

BEEZ

2 minute read

US Home Prices Rocket In February For Strongest One-Month Increase In 2 Years: Real Estate Stocks React

By Piero Cingari

April 30, 12:36 PM

Home prices defied high mortgage costs and surpassed expectations with a 1.2% month-over-month growth, the largest increase since Apr 2022.

BRX

2 minute read

Archer-Daniels-Midland Beats Q1 Earnings Expectations But Misses Revenue Targets: What’s Next for The Agri-Giant?

By Nabaparna Bhattacharya

April 30, 12:35 PM

Archer-Daniels-Midland beats EPS but falls short on revenue, with a 24% drop in segment profit, impacting stock performance.

ADM

2 minute read

Why Food Products Distributor Sysco’s Shares Are Falling Today

By Shivani Kumaresan

April 30, 12:18 PM

Sysco Corp saw a 2.7% year-on-year sales increase to $19.38 billion in Q3 FY24. With U.S. Foodservice sales up 3.4% and International Foodservice sales up 4.5%.

SYY