FMP
Our Blogs
May 8, 2024 10:23 AM - Rayan Ahmad
Standard Uranium Ltd. Undergoes Reverse Stock Split
On May 8, 2024, Standard Uranium Ltd., known by its trading symbols TSX-V: STND, OTCQB: STTDF, and Frankfurt: FWB:9SU, underwent a significant change in its stock structure through a 5 for 1 reverse stock split. This financial maneuver consolidated five existing shares into one new share, a strategi...
May 8, 2024 10:15 AM - Alex Lavoie
Uber Technologies Inc. (UBER) Earnings Report Highlights
On Wednesday, May 8, 2024, UBER reported its earnings before the market opened, revealing an earnings per share (EPS) of -$0.32, which fell short of the estimated EPS of $0.22. The company's revenue stood at approximately $10.13 billion, slightly surpassing the estimated revenue of about $10.09 bill...
May 8, 2024 10:11 AM - Alex Lavoie
bluebird bio, Inc. (NASDAQ: BLUE) Quarterly Earnings Preview
On Thursday, May 9, 2024, before the market opens, BLUE is scheduled to release their quarterly earnings. Wall Street estimates the earnings per share (EPS) to be -$0.47. The revenue for the quarter is estimated to be approximately $10.16 million. This financial update comes at a critical time for b...
May 8, 2024 9:26 AM - Davit Kirakosyan
Disney Shares Drop 9% Despite Strong Q2 Results
Walt Disney (NYSE:DIS) announced fiscal second-quarter adjusted earnings per share of $1.21, surpassing Wall Street predictions. However, shares dropped more than 9% yesterday. Following a tough proxy battle earlier this year, Disney's executive team is focused on moving forward, with CEO Bob Iger a...
May 8, 2024 9:22 AM - Davit Kirakosyan
Reddit Jumps 11% on Strong Q1 Results & Outlook
Reddit (NYSE:RDDT) experienced a significant surge of 11% pre-market today after the social media company reported stronger-than-expected revenue and provided positive revenue guidance for the current quarter, underpinned by robust user growth. Reddit, which launched its initial public offering in M...
May 8, 2024 9:12 AM - Davit Kirakosyan
Rapid7 Price Target Cut at UBS Following Q1 Report
UBS analysts reduced their price target on Rapid7 (NASDAQ:RPD) to $65.00 from $70.00 while maintaining a Buy rating following the company’s reported Q1 earnings, which resulted in a share price drop of more than 4% pre-market today. The analysts noted that Rapid7 delivered disappointing results for ...
May 8, 2024 9:03 AM - Davit Kirakosyan
Rivian's Shares Drop 7% Following Q1 Miss
Rivian Automotive (NASDAQ:RIVN) experienced a more than 7% drop in its shares in pre-market today, following the release of its fiscal Q1/24 earnings that fell short of expectations. The electric vehicle maker reported an adjusted loss per share of $1.24, which was wider than the anticipated $1.15 l...
May 8, 2024 9:00 AM - Davit Kirakosyan
Lyft Reports Solid Q1 Results, RBC Capital Raises Price Target
RBC Capital analysts increased their price target on Lyft (NASDAQ:LYFT) to $24.00 from $23.00, maintaining an Outperform rating, after the company’s Q1 report, which resulted in a stock price gain of more than 5% in pre-market today. The quarterly performance was largely solid, featuring better-than...
May 8, 2024 8:52 AM - Davit Kirakosyan
SEMrush Price Target Raised Following Q1 Results
Needham analysts increased their price target on SEMrush Holdings (NYSE:SEMR) from $15.00 to $18.00, maintaining a Buy rating, after the company reported its first-quarter 2024 earnings, which resulted in s stock price jump of more than 11% yesterday. The analysts noted the company saw a reaccelerat...
May 7, 2024 5:08 PM - Alex Lavoie
On Holding AG (ONON) Receives Upgraded Rating and Price Target
On Tuesday, May 7, 2024, Telsey Advisory upgraded its rating on ONON:NYSE to Outperform, maintaining a hold position. At the time of the announcement, ONON was trading at approximately $34.18. This adjustment reflects Telsey Advisory's positive outlook on ONON, as detailed in a report by Benzinga, h...
May 7, 2024 4:16 PM - Alex Lavoie
Deutsche Bank's Optimistic Outlook on DoorDash (DASH)
Deutsche Bank sets DoorDash's price target at $155, signaling a 34.23% potential increase from the current trading price. Despite missing EPS estimates, DoorDash maintains revenue growth and solid fundamentals. DoorDash's resilience is reflected in its fluctuating stock price, currently at $115.56...
May 7, 2024 4:07 PM - Gordon Thompson
Expeditors International of Washington, Inc. Reports Mixed Q1 Financial Performance
On Tuesday, May 7, 2024, Expeditors International of Washington, Inc. (NYSE:EXPD) reported its earnings for the first quarter of the year, showcasing a mixed financial performance. The company announced an earnings per share (EPS) of $1.17, which exceeded the anticipated EPS of $1.1 set by analysts....
May 7, 2024 3:50 PM - Andrew Wynn
Ryman Hospitality Properties, Inc. (RHP) Sees Significant Insider Investment
On Tuesday, May 7, 2024, a notable event unfolded within Ryman Hospitality Properties, Inc. (RHP) as Colin V. Reed, the Executive Chairman of the Board, made a significant investment in the company. Reed purchased 13,800 shares of RHP's Common Stock at a price of $106.396 each. This transaction not ...
May 7, 2024 3:01 PM - Andrew Wynn
Portillo's Inc. Showcases Financial Strength in Latest Earnings Report
Portillo's Inc. (PTLO:NASDAQ) recently showcased its financial prowess in the latest quarterly earnings report, outperforming the Zacks Consensus Estimate with a notable earnings surprise. The company reported earnings of $0.08 per share, marking a significant improvement from the $0.05 per share re...
May 7, 2024 3:01 PM - Gordon Thompson
FOX Nation's 'Outlaws and Lawmen: The West' Series Premieres
FOX Nation's upcoming historical drama series "Outlaws and Lawmen: The West," hosted by Sean Hannity, is set to captivate audiences with its exploration of the Wild West's most notorious figures. This series, announced by FOX Nation president Lauren Petterson, aims to delve into the intricate dynami...
May 7, 2024 3:00 PM - Tony Dante
Vishay Precision Group Q1 2024 Earnings: Surprises and Valuations
Vishay Precision Group, Inc. (VPG:NYSE) recently held its Q1 2024 earnings conference call, revealing a mix of achievements and challenges. The company, known for its precision sensors and systems, reported earnings of $0.42 per share, surpassing the Zacks Consensus Estimate of $0.32 per share. This...
May 7, 2024 3:00 PM - Andrew Wynn
Sinclair Broadcast Group Wins Prestigious Journalism Awards
Sinclair Broadcast Group, Inc. (SBGI:NASDAQ) has recently been in the spotlight for its remarkable achievements in journalism, underscored by its receipt of four National Headliner Awards. These awards are a testament to Sinclair's commitment to high-quality investigative and consumer reporting. The...
May 7, 2024 3:00 PM - Danny Green
Cherry Hill Mortgage Investment Corporation Q1 2024 Earnings Overview
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI), a Farmingdale, N.J.-based real estate finance company, recently disclosed its financial outcomes for the first quarter of 2024, showcasing a blend of resilience and strategic maneuvering in a challenging market environment. The company report...
May 7, 2024 2:59 PM - Danny Green
KVH Industries, Inc. (NASDAQ:KVHI) Q1 2024 Earnings Call Summary
KVH Industries, Inc. (NASDAQ:KVHI) recently held its Q1 2024 Earnings Conference Call, a significant event for investors and analysts alike, including notable participants like Anthony Pike, the Chief Financial Officer, and Brent Bruun, the Chief Executive Officer. This call was an opportunity for K...
May 7, 2024 2:59 PM - Andrew Wynn
PLAYSTUDIOS, Inc. (MYPS) Q1 2024 Earnings Insights and Financial Analysis
During the Q1 2024 Earnings Conference Call for PLAYSTUDIOS, Inc. (NASDAQ:MYPS), the company's leadership, including CEO Andrew Pascal and CFO Scott Peterson, shared insights into the company's financial performance and strategic direction. The call, as reported by Seeking Alpha, was a pivotal momen...
