Jacobs Solutions Hits Some Bumps Despite Q2 Beat, Narrows Outlook
Jacobs Solutions reported Q2 FY24 results with revenue up 4.7% Y/Y, beating consensus. They also narrowed their outlook for adjusted EBITDA and EPS. Stock trading lower.
Spirit AeroSystems Encounters Headwinds In Q1 As Boeing 737 Issues Take Toll
SPIRIT Q1 2024 RESULTS: Revenue up 19%, deliveries down, backlog at $49B. Adjusted EPS $(3.93), operating loss $527.6M. Boeing delays impact cash flow.
EV Truck Maker Nikola’s Topline Plunges 30% in Q1 On Weak Demand, Stock Tanks
Nikola Corp (NASDAQ: NKLA) stock fell after reporting Q1 2024 results, missing sales estimate, beating loss estimate, and facing market hurdles.
Heart Disease Drugmaker Esperion Therapeutics Reports Highest Revenue Yet, Stock Soars
Esperion Therapeutics reports impressive Q1 revenues of $137.74 million, up 467% Y/Y, with EPS of $0.34, beating estimates. FDA approved expanded labels for NEXLETOL & NEXLIZET. Fiscal year 2024 revenue guidance: $225-$245 million.
Arista Networks Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Arista Networks, Inc. (NYSE:ANET) is expected to release earnings results for its first quarter, after the closing bell…
Dow Surges Over 50 Points; Disney Earnings Top Views
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 50 points on Tuesday.…
Why Rockwell Automation Shares Are Falling Tuesday
Rockwell Automation reported lower Q2 FY24 results and cut its FY24 outlook. Sales fell 6.6% Y/Y, but total ARR grew 20% Y/Y. Adjusted EPS beat estimates at $2.50. Company is searching for new CFO.
What’s Going On With Lucid Stock Tuesday?
Lucid reported first-quarter revenue of $172.8 million, which beat the consensus estimate of $156.99 million, according to Benzinga Pro. The EV maker reported an adjusted loss of 30 cents per share, which missed estimates for a loss of 25 cents per share.
Palantir Stock Is Falling Tuesday: What’s Going On?
Palantir said first-quarter revenue increased 21% year-over-year to $634 million, which beat the consensus estimate of $625.431 million, according to Benzinga Pro. Palantir reported adjusted earnings of 8 cents per share, which was in line with analyst estimates. The company has now delivered six straight quarters of GAAP profitability.
Robinhood’s Expected Move To Profitability In 2024 ‘A Positive Sign’ Ahead Of Q1 Earnings, Analyst Says
Robinhood stock is trading above its short to medium-term moving averages, which is generally considered bullish for a stock.