Archrock (AROC) beat the Zacks Consensus Estimate in two of the last four quarters and met in the other two, which resulted in an earnings surprise of 8.5%, on average.
JinkoSolars (JKS) Q1 results are likely to reflect solid module shipment benefits, amid the adverse impacts of the declining average selling price of modules.
Sonos (SONO) redesigned Sonos app will be made accessible worldwide through a software update for the S2 mobile app and through an all-new web app on May 7.
Roches (RHHBY) performance in first-quarter 2024 is pretty ho-hum as COVID-19-test sales continue to decline. The top line suffers due to the appreciation of the Swiss franc against most currencies.
Boeings (BA) Q1 revenues of $16.57 billion miss the Zacks Consensus Estimate by 6.3%. The top line is also down 8% from the year-ago quarters reported figure.
Although higher rates and a rise in land/labor costs pose risks, the lack of existing homes for sale and better operating leverage are likely to drive the Zacks Building Products - Home Builders industry. NVR, PHM, TOL, KBH and DFH are well-positioned to gain.
The increased demand for insurance products, given an aging population, baby boomers and millennials, and accelerated digitization, should drive insurance brokers like MMC, AON, AJG, WTW and BRO.
Drug and biotech companies are likely to see significant innovation. In the Large-Cap Pharmaceuticals industry, Eli Lilly (LLY), Novo Nordisk (NVO), Merck (MRK) and AbbVie (ABBV) are worth retaining in ones portfolio.
Tesla (TSLA) misses estimates on both earnings and revenues but infused optimism, signaling its plans to move sooner than expected with the production of lower-priced models and the continued investment in future "robotaxis."
Charter Communications (CHTR) first-quarter 2024 performance is likely to have benefited from its expanding broadband network despite stiff competition and slow subscriber addition.
Hasbro (HAS) first-quarter 2024 results gain from turnaround endeavors. It achieves anticipated revenues and experiences notable enhancements in operating profit.
TXO Partners LP (TXO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Welltowers (WELL) Q1 earnings are likely to have benefited from the rise in senior citizen population and this age cohorts high healthcare expenditure. However, elevated interest rates remain a concern.
NXP Semiconductors (NXPI) first-quarter results will likely reflect strength across Industrial & IoT and Mobile end markets. However, weakening demand in the Automotive segment may have been a concern.
Webster Financials (WBS) Q1 earnings reflect a rise in non-interest income and loan balances and a decline in provisions. However, challenges emerge with lower NII, along with elevated costs.
Canadian Pacific Kansas City (CP) delivered earnings and revenue surprises of -1.43% and 0.84%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Rogers Communication (RCI) delivered earnings and revenue surprises of 1.39% and 0.05%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Teslas (TSLA) shares soared in the after-hours trading after the EV-maker doubled down on its promise of a mass-market electric car, squashing reports of cancellation.
Atlantica Sustainable Infrastructure (AY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Baker Hughes (BKR) Q1 earnings benefit from higher contributions from Oilfield Services and Equipment, as well as the Industrial & Energy Technology business units, fueled by significant contract wins.
Petrobras (PBR) leads global oil and gas investment surge, doubling investments in 2023 to $21.4 billion. Strong project returns fuel production growth and solidify PBRs position in the industry.
Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Groupon (GRPN), Aptevo Therapeutics (APVO), NewJersey Resources (NJR), American Water Works (AWK) and Frontdoor (FTDR).
UBS pointed out that rapid earnings growth recorded by the big six tech giants over the past year is now ebbing. Hence, this could be the time to bet on non-cyclical sectors.
Camecos (CCJ) first-quarter results are likely to reflect gains from higher sales volumes and average realized prices as well as contribution from the Westinghouse acquisition.
Despite reporting poor earnings, Tesla (TSLA) shares surge after-hours on Musks pledge for budget-friendly EVs and robotaxi plans. Should you hold on to the stock or sell it?
The GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. HUBB, CAT, TKR and HCA are some stocks that hold promise.
Lowes (LOW) proactively tackles market challenges with innovation for long-term growth and customer engagement through tech investment and enhanced experiences.
Ropers (ROP) first-quarter earnings are expected to have benefited from the robust performances of the Application Software, Network Software and Tech-enabled Products segments.
GE HealthCares (GEHC) first-quarter results are expected to report strong organic revenue growth, banking on balanced segmental performance driven by consistent NPIs and growing customer demand.