TopBuild Corp. (NYSE:BLD) Expected to Post Q1 2024 Earnings of $4.68 Per Share, Seaport Res Ptn Forecasts
TopBuild Corp. (NYSE:BLD) is projected to post Q1 2024 earnings of $4.68 per share, with a positive outlook from Seaport Res Ptn. The company recently reported earnings that surpassed expectations, leading to increased price targets and ratings from various research analysts. Market data indicates a ‘Moderate Buy’ consensus rating for TopBuild, with favorable stock performance reflecting the positive forecasts and analyst sentiment.
Telsey Advisory Group Forecasts Abercrombie & Fitch Co. Q2 2025 Earnings of $1.30 Per Share
Abercrombie & Fitch Co. (NYSE:ANF) is expected to report second quarter 2025 earnings of $1.30 per share, with Telsey Advisory Group raising their Q2 2025 earnings estimates for the apparel retailer. Other analysts have also issued research reports and price targets for ANF stock, with CFO Scott D. Lipesky recently selling 50,000 shares.
Dell Technologies’ Shares Surge Over 15% After-Hours on Q4 Earnings Beat
Dell Technologies’ shares surged by over 15% in after-hours trading following the release of its fourth-quarter results for fiscal 2024. The company exceeded analysts’ expectations, particularly in the demand for its artificial intelligence servers. Key figures include earnings per share of $2.20 adjusted versus $1.73 expected by LSEG, and revenue of $22.32 billion as opposed to the anticipated $22.16 billion by LSEG. Despite a decrease in revenue from the previous year, Dell reported a net income of $1.16 billion, marking an 89% increase from the same period in the prior year. The company also announced a 20% increase in the annual dividend, now standing at $1.78 per share. Dell anticipates reporting revenue between $21 billion and $22 billion for its first quarter and expressed optimism about AI momentum and returning to growth for fiscal 2025.
Investors Await C3.ai’s Earnings Report
Investors are eagerly awaiting the upcoming earnings report from C3.ai, a key player in the enterprise AI software industry. Despite initial success, C3.ai’s stock has faced skepticism and high short interest, with some analysts expressing doubts about its long-term prospects. C3.ai offers a wide range of enterprise AI applications, catering to various sectors including manufacturing, financial services, government, utilities, and defense. However, C3.ai’s recent financial performance has raised concerns among investors, with uncertainties about its path to profitability. As the enterprise AI sector continues to evolve, C3.ai’s earnings report will provide crucial insights into the company’s performance and its ability to navigate the competitive landscape.
Late Surge for Dell Stock and Mixed Results for Zscaler
Zscaler reported earnings that surpassed Wall Street expectations but fell on guidance licensing, causing a 6% drop in stock value. Despite the positive earnings, ZS stock plummeted over 6% to 225.30 in extended trading. Zscaler, based in San Jose, California, offers cloud-based cybersecurity services through 150 data centers globally.
Cryptocurrency Miner Marathon Digital (MARA) Gains Momentum Ahead of Q4 Earnings Disclosure
The cryptocurrency market is invigorating blockchain miner Marathon Digital as it heads toward its fourth-quarter earnings disclosure. With the total market capitalization of the global crypto ecosystem standing at $2.06 trillion, MARA stock is gaining about 20% this afternoon. Marathon’s Q4 earnings report is due to be disclosed on Feb. 28 after the closing bell, with a history of negative earnings surprises.
Salesforce shares slip after modest revenue forecast for new fiscal year
Salesforce experiences slip in shares after issuing modest revenue forecast for fiscal year 2025, despite surpassing estimates for fiscal fourth quarter results. Company announces acquisition of Spiff and begins selling products on Amazon Web Services marketplace. Analysts’ expectations for fiscal year 2025 fall short, causing 6% decline in extended trading. Stay tuned for updates.
EBay reports strong fiscal fourth-quarter results
EBay Inc. reported fiscal fourth-quarter results, with net income reaching $728 million and revenue climbing to $2.56 billion. The company’s strong performance and guidance have instilled confidence in its ability to navigate through the competitive e-commerce landscape and economic challenges.
First Solar shares rise more than 5% after hours as company cheers guidance for the year
First Solar Inc. shares rose more than 5% in the extended session Tuesday after investors looked past a mixed quarter for the solar-power company to cheer guidance for the year. Despite setbacks and headwinds for most solar-power companies, First Solar’s strong earnings and guidance indicate a positive outlook for the industry, which has been struggling amid lower demand and regulatory changes.
iRobot narrows loss, shares rise
iRobot reported a narrower loss, with shares rising as a result. Workday Inc. saw a 5% drop in after-hours trading after meeting revenue expectations for the latest quarter and announcing an AI deal. The company reported a net income of $1.2 billion for the fiscal fourth quarter, reflecting a significant improvement from the year-earlier period. Workday also announced plans to acquire HiredScore, a leading provider of AI-powered talent orchestration solutions.