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Pentair Earnings & Sales Surpass Estimates in Q4, EPS Up Y/Y
ZACKS· 2025-02-05 03:01
Pentair plc (PNR) reported fourth-quarter 2024 adjusted earnings per share (EPS) of $1.08, which beat the Zacks Consensus Estimate of $1.02. The bottom line also surpassed the company’s guidance of $1.02 and improved 24% from earnings of 87 cents per share in the prior year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Including one-time items, EPS was 99 cents compared with the prior-year quarter’s $1.25.Net sales declined 1.2% year over year to $973 million. However, the top line ...
Walmart's latest acquisition is a shopping mall in Pennsylvania
CNBC· 2025-02-05 03:00
CBL Properties sold the mall in a $34 million all-cash deal , according to a news release from the Tennessee-based mall owner in late January. The company did not name the buyer at the time.In a statement, Walmart said it "is very interested in being part of any future redevelopment of this site." It declined to share specific plans for the future of the mall.On Tuesday, the big-box retailer confirmed that it bought Monroeville Mall, which is roughly 12 miles east of Pittsburgh.Some malls have changed to re ...
3 Stocks Thriving Despite Tariffs Concerns
ZACKS· 2025-02-05 02:55
Trade war and tariff headlines seem to be rolling in by the hour, adding a significant degree of uncertainty to this market and rattling investors. While some stocks and sectors struggle under the pressure, others, especially leading stocks continue to power higher unfazed. In a strong market like today’s, leading stocks often rise despite bearish news—and when they do, investors should pay attention.Meta Platforms ((META), Amazon ((AMZN) and Interactive Brokers ((IBKR) have demonstrated impressive relative ...
Nvidia Still A Top Pick As Microsoft, Meta Stick With GPUs Despite DeepSeek Challenge: Analyst
Benzinga· 2025-02-05 02:55
BofA Securities analyst Vivek Arya maintained a Buy rating on Nvidia Corp NVDA with a price target of $190.Nvidia is Arya’s top pick ahead of the company’s fourth-quarter earnings call scheduled for February 26. Given the Blackwell product transition and China restrictions, the analyst expects a modest beat, inline sales guidance, and lower gross margin in the first quarter.Also Read: Samsung Q4 Earnings: 12% Revenue Growth, Closes Gap With Apple In Premium Phones, Eyes AI-Powered Growth In 2025However, the ...
PJT Partners Soars Past Q4 Expectations
The Motley Fool· 2025-02-05 02:53
PJT Partners reported exceptional results for the fourth quarter.PJT Partners, a financial advisory and investment banking firm, revealed its fourth-quarter results on Feb. 4. The release underscored outstanding financial performance with adjusted earnings per share (EPS) of $1.90, markedly above the $1.13 predicted by analysts. Revenues reached $477.3 million, beating the consensus expectation of $376 million. MetricQ4 2024Q4 2024 Analysts' EstimateQ4 2023% ChangeAdjusted EPS$1.90$1.13$0.9698%Revenue$477.3 ...
Call Traders Circle Uber Technologies Stock Before Earnings
Schaeffers Investment Research· 2025-02-05 02:52
Uber Technologies Inc (NYSE:UBER) is preparing for its latest quarterly report, due out before the open tomorrow, January 5. Analysts appear optimistic ahead of the event, expecting earnings of 50 cents per share and year-over-year revenue growth of 18.2% to $11.74 billion. Though UBER is up 15.7% year to date, the $70 level has kept a lid on on gains since the start of January. The shares also touched the overhead 80-day moving during today's rise, so there is plenty of potential resistance for tomorrow's ...
Amazon to face legal action after Quebec warehouse closures trigger mass layoffs
CNBC· 2025-02-05 02:51
An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022.Amazon is set to face legal action from a Canadian union after the company's decision to wind down warehouse operations in Quebec.The Federation of National Trade Unions, known as CSN, said Tuesday it plans to petition a court to order Amazon to reopen seven warehouses and restore the 1,700 jobs lost as a result of the closures.Amazon announced late last month it would phase out seven si ...
Stock Of The Day: Different Ways To Profit From SoundHound
Benzinga· 2025-02-05 02:50
Shares of SoundHound AI, Inc. SOUN are making a nice move higher Tuesday. Some analysts believe that this is due to a report that suggests institutions make up more than 30% of the company's ownership.Despite the move, the stock is trading within a well-defined range. This means there may be opportunities for low-risk trades. This is why it is our Stock of the Day.There are generally two ways that traders can profit from rangebound stocks. The first is to sell close to the top of the range and to buy near t ...
Tyson Foods Stock Trading Around Fair Value, Analyst Upgrades Stock To Neutral
Benzinga· 2025-02-05 02:46
Piper Sandler analyst Michael Lavery upgraded the shares of Tyson Foods Inc TSN from Underweight to Neutral and maintained the price forecast of $58.TSN reported a 9.1% Chicken EBIT margin in the first quarter, surpassing the analyst’s 6.5% forecast, marking its best quarter since the second quarter of FY2018.The company achieved a Chicken order fill rate of over 98%, thanks to improvements in scheduling and execution that better aligned production with demand.Tyson Foods also reduced waste in its plants. B ...
Unity Bancorp (UNTY) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-02-05 02:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy wit ...