Nvidia stock just received its highest-ever price target
Finbold· 2025-01-31 00:23
Already before the morning bell on Monday, January 27, Nvidia (NASDAQ: NVDA) stock has been hit hard by the release of China’s novel DeepSeek artificial intelligence (AI) model. The tempest caused the semiconductor giant to suffer a record-breaking $600 billion market capitalization wipe within a single day.By press time on January 30, the situation stabilized, and, as it quickly turned out, Wall Street analysts had remained unshaken by the volatility. Specifically, Tigress Capital’s Ivan Feinseth revised h ...
Dow Inc. (DOW) Q4 2024 Earnings Conference Call Transcript
Seeking Alpha· 2025-01-31 00:21
Dow Inc. (NYSE:DOW) Q4 2024 Earnings Conference Call January 30, 2025 8:00 AM ET Company Participants Andrew Riker - VP, IR Jim Fitterling - Chairman and Chief Executive Officer Karen S. Carter - Chief Operating Officer Jeff Tate - Chief Financial Officer Conference Call Participants Vincent Andrews - Morgan Stanley Mike Sison - Wells Fargo Hassan Ahmed - Alembic Global Jeff Zekauskas - JPMorgan David Begleiter - Deutsche Bank Josh Spector - UBS Chris Parkinson - Wolfe Research Frank Mitsch - Fermium Resear ...
Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Deadline· 2025-01-31 00:21
Comcast executives spent much of a post-earnings conference call on the biggest news of the last few months, an upcoming cable spinoff with President Mike Cavanagh calling a new company comprised of most NBCUniversal cable networks as “a free-standing, strong collection of businesses with lots of cash flow generation capability for many years to come, good market position and great focus.” It’s led by Mark Lazarus with the roster of executives fleshed out earlier this month. But many details are still to c ...
Group 1 Q4 Earnings Surpass Expectations, Sales Rise Y/Y
ZACKS· 2025-01-31 00:20
Group 1 Automotive (GPI) reported fourth-quarter 2024 adjusted earnings per share (EPS) of $10.02, which beat the Zacks Consensus Estimate of $9.21 and rose 5.5% year over year. The automotive retailer registered net sales of $5.55 billion, beating the Zacks Consensus Estimate of $5.20 billion. The top line also rose from the year-ago quarter’s $4.48 billion.See the Zacks Earnings Calendar to stay ahead of market-making news.Quarter HighlightsNew vehicle retail sales increased 23.7% from the prior-year quar ...
Celestica Q4 Earnings In-Line With Estimates, Revenues Rise Y/Y
ZACKS· 2025-01-31 00:20
Celestica Inc. (CLS) recorded relatively modest fourth-quarter 2024 results, wherein adjusted earnings matched the Zacks Consensus Estimate while revenues missed the same. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Toronto-based electronics manufacturing service provider reported revenue growth year over year, backed by stronger-than-expected growth in the Connectivity & Cloud Solutions (CCS) segment. Management’s strong emphasis on innovation, product diversification and AI ...
DXC Set to Report Q3 Earnings: What's in Store for the Stock?
ZACKS· 2025-01-31 00:16
DXC Technology (DXC) is scheduled to report third-quarter fiscal 2025 results on Feb. 4, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.For the fiscal third quarter, DXC Technology anticipates revenues between $3.2 billion and $3.3 billion. The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $3.25 billion, indicating a year-over-year decline of 4.3%.DXC projects adjusted earnings per share between 75 cents and 80 cents for the fiscal third q ...
Prosperity Bancshares Q4 Earnings Beat on Higher NII & Fee Income
ZACKS· 2025-01-31 00:16
Prosperity Bancshares Inc.’s (PB) fourth-quarter 2024 adjusted earnings per share (EPS) of $1.37 beat the Zacks Consensus Estimate of $1.33. Moreover, the bottom line compared favorably with adjusted earnings of $1.19 in the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results benefited from an increase in net interest income (NII) and adjusted non-interest income. Further, a rise in deposits was another positive. During the quarter, provisions remained nil. Ho ...
4 Coal Stocks to Watch Despite Ongoing Industry Weakness
ZACKS· 2025-01-31 00:16
The Zacks Coal industry stocks are suffering due to a decline in the use of coal in thermal power plants in the United States. In 2025, the demand for coal will be adversely impacted by the planned retirement of coal units and the utilization of more renewable sources for electricity generation. The ongoing energy transition, with utility operators steadily phasing out coal units, may hit the coal industry. The utilities are heavily relying on their inventories to meet the demand for coal. Hence, coal produ ...
Sherwin-Williams Q4 Earnings Beat Estimates, Revenues Lag
ZACKS· 2025-01-31 00:16
The Sherwin-Williams Company (SHW) logged fourth-quarter 2024 earnings (as reported) of $1.90 per share, up around 36.7% from $1.39 in the year-ago quarter.Barring one-time items, adjusted earnings in the reported quarter were $2.09 per share, which surpassed the Zacks Consensus Estimate of $2.07.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Sherwin-Williams posted revenues of $5,297.2 million, up around 0.9% year over year. The figure missed the Zacks Consensus Estimate of $5,309.4 ...
Southern Company Gas and its charitable foundation award $11 million to nonprofits in 2024
Prnewswire· 2025-01-31 00:16
The gifts support local efforts to make a positive impact in communities across Georgia, Illinois, Tennessee and Virginia ATLANTA, Jan. 30, 2025 /PRNewswire/ -- Southern Company Gas and its philanthropic arm, the Southern Company Gas Foundation, awarded more than $11 million in financial gifts last year to over 600 nonprofit organizations in communities across the company's service territory. Collectively these gifts positively impacted approximately 4.5 million people across Georgia, Illinois, Tennessee an ...