Why Is ZIM Integrated Shipping Stock Falling Today?
ZIM's first quarter FY24 sales up 14%, EPS at $0.75. Adjusted EBITDA rose 14%, net leverage ratio at 2.8x. Dividend of $0.23 declared. Raised outlook.
Kanzhun’s Strong Quarter Overshadowed By Broad Sell-Off In Chinese Stocks: Details
Chinese online recruitment platform Kanzhun reported 33.4% revenue increase in Q1 2024, beating analyst estimates. Adjusted EPADS of $0.16 also exceeded expectations.
Macy’s Q1 Surprises With Profit Beat And Upgraded Outlook Amid Sales Challenges – Here’s The Scoop
Macy's shares are climbing after reporting better-than-expected Q1 adjusted EPS and raising its FY24 outlook. Despite a 2.7% year-on-year sales decline to $4.846 billion, Macy's adjusted EPS of $0.27 beat the $0.15 consensus. The company updated its FY24 sales forecast to $22.3B-$22.9B and adjusted EPS guidance to $2.55-$2.90, reflecting strong customer response to their new strategy.
Lowe’s Q1 Earnings: Profit Beat, Revenue Drop – What’s Behind The Numbers?
Lowe's Companies shares rose after reporting better-than-expected Q1 FY24 earnings. Sales declined 4.4% year-on-year to $21.364 billion, surpassing estimates. EPS of $3.06 beat the expected $2.94. Despite a drop in DIY discretionary spending, positive sales in Pro and online sectors helped. Lowe's still projects FY24 revenue of $84-$85 billion and EPS of $12.00-$12.30.
AstraZeneca Targets Ambitious $80B In Total Revenue By 2030 Through Pipeline Expansion
AstraZeneca aims to boost its revenue from $45.8 billion in 2023 to $80 billion by 2030. Key growth drivers include expanding oncology, biopharmaceuticals, rare disease portfolios, and launching 20 new medicines.
China’s EV Maker XPeng Speeds Ahead with Strong Revenue Growth, Expects Selling More Than 29K Units In Q2
XPeng Inc reported a 62.3% sales growth in Q1 2024 but missed analyst estimates. Vehicle deliveries increased 19.7% and gross margin improved.
Amer Sports Sees FY24 Fully Diluted EPS Toward High End Of Previous Guidance Of $0.30 To $0.40 (Est. $0.41), Including $0.03 – $0.04 Negative Impact From Non-recurring Finance Costs In 1Q24
Amer Sports is updating guidance for the year ending December 31, 2024 (all guidance figures reference adjusted amounts):
Reported revenue growth: Mid-teens %
Gross margin:
Nordson Sees Q3 EPS $2.25-$2.40.; Revenue $645M-$670M Vs $705.06M Est.; FY24 EPS $9.35-$9.75 Vs Est.; Revenue Flat To 2% Growth YoY Vs $2.77B Est
OutlookThe Company is entering the third quarter of fiscal 2024 with approximately $700 million in backlog, which continues to normalize and remain concentrated in systems businesses. Based on current visibility and
Zoom Video Sees Q2 Adj EPS $1.20-$1.21 Vs $1.23 Est.; Revenue $1.145B-$1.15B Vs $1.15B Est.; Sees FY25 Revenue $4.61B-$4.62B Vs $4.61B Est.
Financial Outlook: Zoom is providing the following guidance for its second quarter of fiscal year 2025 and its full fiscal year 2025.Second Quarter Fiscal Year 2025: Total revenue is expected to be between $1.145
What’s Going On With European Airline Ryanair’s Stock Today?
Ryanair Holdings reported full-year results with 25% revenue growth, 34% net profit increase, and plans for 8% traffic growth in FY25.