FMP
May 2, 2025 9:30 AM - Davit Kirakosyan
Reddit Soars 6% on Blowout Q1 Earnings and Bullish Ad Outlook
Reddit (NYSE:RDDT) shares surged over 6% in pre-market today after the company posted first-quarter earnings and revenue that far exceeded analyst expectations, boosted by accelerating ad sales and strong user growth. The upbeat results, along with optimistic guidance, signaled early success from Re...
May 2, 2025 9:28 AM - Davit Kirakosyan
Live Nation Sees Strong Revenue and Demand Despite Q1 Earnings Miss
Live Nation Entertainment (NYSE:LYV) posted mixed first-quarter results, with earnings missing expectations but revenue rising sharply year-over-year, supported by strong consumer demand across its live events and ticketing segments. Shares rose more than 2% pre-market today. The company reported an...
May 2, 2025 9:25 AM - Davit Kirakosyan
Instacart Posts Q1 Earnings Beat on Soaring Orders and Ad Revenue
Instacart (NASDAQ:CART) delivered a strong first-quarter performance that topped analyst expectations, fueled by robust order growth and rising advertising revenue. The grocery delivery platform reported adjusted earnings of $0.37 per share, significantly ahead of the $0.14 consensus estimate. Reven...
May 2, 2025 9:22 AM - Davit Kirakosyan
Atlassian Stock Plunges 16% Despite Q3 Beat as Disappointing Outlook Rattles Investors
Atlassian Corporation (NASDAQ:TEAM) reported third-quarter results that exceeded expectations on both earnings and revenue, but shares plunged over 16% in pre-market trading as the company's fourth-quarter guidance fell well short of Wall Street forecasts. The collaboration software provider posted ...
May 2, 2025 9:19 AM - Davit Kirakosyan
Airbnb Beats on Q1 Earnings, But Soft Outlook Sends Shares 4% Lower
Airbnb (NASDAQ:ABNB) delivered better-than-expected first-quarter earnings, but shares fell more than 4% in pre-market today after the company’s second-quarter revenue guidance came in just shy of Wall Street expectations. The vacation rental platform posted adjusted earnings of $0.24 per share, nar...
May 2, 2025 9:16 AM - Davit Kirakosyan
AIG Tops Q1 Earnings Forecast as Commercial Growth Offsets Wildfire Losses
American International Group (NYSE:AIG) posted stronger-than-expected first-quarter earnings, supported by robust growth in its commercial insurance segment, which helped counter heavy catastrophe losses from California wildfires. The insurer reported adjusted earnings of $1.17 per share, exceeding...
May 1, 2025 5:01 PM - Davit Kirakosyan
Robinhood Posts Strong Q1 Beat with Record Deposits, But Shares Dip 2%
Robinhood Markets (NASDAQ:HOOD) reported first-quarter results that exceeded Wall Street expectations, but shares slipped 2% intra-day today as investor enthusiasm failed to match the upbeat financials. The trading platform posted earnings per share of $0.37, just ahead of the $0.36 consensus estima...
May 1, 2025 4:58 PM - Davit Kirakosyan
Albemarle Beats Q1 Earnings Expectations Despite Lithium-Driven Revenue Drop
Albemarle Corporation (NYSE:ALB) reported first-quarter results that exceeded earnings expectations despite a sharp revenue decline, as resilience in its Specialties and Ketjen businesses helped offset weakness in lithium pricing. The company posted an adjusted loss of $0.18 per share, narrower tha...
May 1, 2025 4:53 PM - Davit Kirakosyan
MGM Resorts Tops Q1 Earnings as BetMGM Turns Profitable
MGM Resorts International (NYSE:MGM) reported stronger-than-expected first-quarter earnings, fueled by improved profitability and a solid performance from its BetMGM venture. The company posted adjusted earnings per share of $0.69, beating analyst expectations of $0.49. Revenue came in slightly belo...
May 1, 2025 4:50 PM - Davit Kirakosyan
Qualcomm Beats Q2 Expectations but Cautious Outlook Pushes Stock Down 8%
QUALCOMM (NASDAQ:QCOM) delivered better-than-expected second-quarter results, but a tepid forecast for the current quarter overshadowed the beat, sending shares down over 8% intra-day today. The chipmaker reported earnings of $2.85 per share, topping analyst estimates of $2.80. Revenue came in at $1...
