FMP
Nov 14, 2024 7:50 AM - Davit Kirakosyan
CyberArk Posts Strong Q3 Earnings and Optimistic Guidance
CyberArk Software (NASDAQ:CYBR) reported robust third-quarter results that exceeded expectations and provided optimistic guidance for the remainder of the year. For Q3, the identity security company delivered earnings per share of $0.94, more than double the analyst estimate of $0.46. Revenue reache...
Nov 14, 2024 7:46 AM - Davit Kirakosyan
Sonos Reports Smaller-Than-Expected Loss Despite Revenue Decline
Sonos (NASDAQ:SONO) delivered fourth-quarter results that exceeded analyst expectations, despite ongoing challenges in the audio market. For the quarter, Sonos reported an adjusted loss of $0.18 per share, significantly better than the anticipated $0.39 loss. Revenue reached $255.38 million, beating...
Nov 14, 2024 7:40 AM - Davit Kirakosyan
Nu Holdings Shares Drop 5% Despite Strong Q3 Results
Nu Holdings (NYSE:NU), a leading digital financial services platform, delivered impressive third-quarter results that exceeded revenue expectations, but its shares dropped by 5% in pre-market today. The fintech powerhouse reported adjusted earnings per share of $0.11, aligning with analyst forecasts...
Nov 14, 2024 7:34 AM - Davit Kirakosyan
Citi Starts Neutral Coverage on Biogen Stock
Citi analysts initiated coverage on Biogen (NASDAQ:BIIB) with a Neutral rating and a price target of $190 on the stock. The assessment reflects a balance between the company’s recent launches and ongoing challenges in its legacy franchises. Biogen’s core revenue drivers, including its multiple scler...
Nov 14, 2024 7:31 AM - Davit Kirakosyan
Wolfe Research Slightly Raises Coterra Energy Price Target
Wolfe Research analysts increased their price target for Coterra Energy (NYSE:CTRA) to $32 from $31, maintaining an Outperform rating on the stock. The revision reflects optimism surrounding Coterra’s recent acquisitions and potential for improved performance relative to the energy sector. Year-to-d...
Nov 14, 2024 7:25 AM - Davit Kirakosyan
Citi Initiates Neutral Coverage on CSW Industrials Amid Balanced Growth and Valuation Risks
Citi analysts initiated coverage on CSW Industrials (NASDAQ:CSWI) with a Neutral rating and a price target of $466.00. The evaluation reflects confidence in the company’s strong business fundamentals but acknowledges potential risks tied to its valuation and market conditions. CSW Industrials has de...
Nov 13, 2024 7:59 AM - Davit Kirakosyan
ZoomInfo Beats Earnings Expectations But Faces Revenue Decline, Shares Drop 16%
ZoomInfo (NASDAQ:ZI) reported third-quarter results that exceeded analyst expectations, but its shares dropped nearly 16% in pre-market today as the company faced a year-over-year revenue decline and provided guidance that aligned closely with market forecasts. For the quarter, the go-to-market plat...
Nov 13, 2024 7:48 AM - Davit Kirakosyan
Occidental Petroleum Sees Profit Decline Amid Lower Oil & Gas Prices
Occidental Petroleum (NYSE:OXY) reported a drop in profits from its core oil and gas operations in the third quarter, though stronger-than-expected group-wide earnings provided a degree of optimism. Like its industry peers, the company has faced challenges from declining oil and gas prices. For the ...
Nov 13, 2024 7:40 AM - Davit Kirakosyan
Natera Shares Surge 16% on Strong Q3 Results and Raised Guidance
Natera (NASDAQ:NTRA) saw its stock climb over 16% following the release of impressive third-quarter results and an upward revision to its full-year guidance. The genetic testing company reported a loss of $0.26 per share, far better than the anticipated $0.57 loss. Revenue surged 63.9% year-over-yea...
Nov 13, 2024 7:38 AM - Davit Kirakosyan
Instacart Beats Q3 Expectations But Shares Drop 7% on Muted Outlook
Instacart (NASDAQ:CART) delivered better-than-expected third-quarter results, yet its shares dropped nearly 7% in pre-market today as investors reacted to cautious fourth-quarter guidance. The grocery delivery platform reported adjusted earnings per share of $0.42, nearly doubling the consensus esti...
