First Solar (FSLR) reported lower-than-expected third-quarter earnings and revenue, citing a $50 million product warranty reserve charge. The company also lowered its 2024 sales and earnings outlook due to industry volatility and political uncertainty. Despite the challenges, First Solar remains confident in its long-term growth strategy.
Tesla shareholders are eagerly awaiting the company’s third-quarter earnings call, where they are demanding answers on timelines for promised products, including the highly anticipated Cybertruck and the Optimus humanoid robot. The company’s history of delayed deliveries and shifting timelines has sparked concerns among investors.
Netflix is taking a strategic, selective approach to live sports programming, focusing on high-impact events rather than a full-blown foray into traditional broadcasting. This strategy, fueled by a strong core of scripted and unscripted content, is driving increased engagement and revenue for the streaming giant.
Sunstone Hotel Investors, a leading lodging REIT, will announce its third-quarter 2024 financial results on November 12th. The company will host a conference call to discuss the results and provide insights into its performance and future outlook. Sunstone continues to expand its portfolio of premium hotels and resorts, focusing on strategic acquisitions and development in key markets.
Nvidia’s upcoming earnings call is causing a stir in the semiconductor ETF market, with some ETFs mirroring the expected positive impact while others reflect potential downsides. Investor sentiment remains cautious, anticipating a significant market response.
Red Rock Resorts, Inc., a prominent holding company with an interest in Station Casinos, will announce its second quarter 2024 financial results on Tuesday, July 23, 2024. A conference call with prepared remarks and a question-and-answer session will follow.
Manhattan Associates (NASDAQ: MANH) reported strong financial results for the first quarter of 2024, with a robust increase in revenue and adjusted earnings per share. Total revenue rose by 15% to $255 million, while adjusted earnings per share grew by 29% to $1.03.
Tesla’s first-quarter earnings call elicited mixed reactions from analysts, leading to a 13% spike in after-hours trading. Future Fund’s Gary Black praised CEO Elon Musk’s performance, highlighting the confirmation of an accelerated start of production for the next-gen vehicle and reassurances about 2024 volumes. Deepwater Asset Management’s Gene Munster projected a potential future rivalry between Tesla, Uber, and Lyft in the ride-hailing sector, envisioning a fleet in the tens of millions. However, Tesla bear Gordon Johnson of GLJ Research expressed a sharply negative view, criticizing the abandonment of the next-gen platform and record cash burn.
Tesla’s upcoming earnings call has investors on the edge of their seats. The stock has been on a downward spiral, raising concerns about the company’s ability to maintain profitability. Despite the hype surrounding the Model 3 announcement, analysts are divided on the company’s trajectory. Estimates range from a 2x return to a further 50% decline. As competition in the EV space intensifies, Tesla faces a pivotal moment. The earnings call will be closely watched for insights into the company’s strategy and its ability to maintain market dominance.
Evercore ISI has reaffirmed its positive outlook on IBM shares, maintaining an Outperform rating and a price target of $215.00. The firm anticipates IBM’s upcoming quarterly earnings call to highlight the company’s strength in the Hybrid Cloud Platform (HCP) and Artificial Intelligence (AI), which are expected to drive growth. The call may also provide insights into IBM’s strategy and performance in the first quarter. Investors are awaiting further details on the company’s financial performance and strategic initiatives.
