Griffon Corporation (GFF) stock surged over 10% after reporting better-than-expected fourth-quarter earnings, driven by strong revenue growth, expanded EBITDA margins, and a significant increase in share repurchases. The company also announced a 20% hike in its quarterly dividend, signaling confidence in its future prospects.
Workhorse Group (WKHS) is set to release its quarterly earnings on Thursday, November 14th. Analysts expect a loss per share of $1.20, but investors are hoping for positive news on the company’s future prospects. This article examines the company’s recent performance, analyst sentiment, and a comparison with key competitors to provide insights into what to expect from the upcoming earnings release.
Cineverse (CNVS) is set to release its quarterly earnings on November 14th, 2024. Analysts predict an EPS of -$0.08, but investors will be looking for positive guidance and signs of growth. This article delves into Cineverse’s past performance, analyst opinions, and a peer comparison to provide insights for potential investors.
Ocular Therapeutix (OCUL) is set to release its latest quarterly earnings report on Thursday, November 14th, 2024. Analysts anticipate an EPS of -$0.24, and investors are keenly awaiting news on whether the company will exceed estimates and provide favorable guidance for the upcoming quarter. This article delves into Ocular Therapeutix’s earnings history, analyst perspectives, peer comparisons, and a closer look at the company’s financial performance and market position.
Alight, Inc. (ALIT) exceeded analysts’ expectations for third-quarter sales and earnings, fueled by strong demand for employee benefits and wellbeing services. The company also announced a new quarterly dividend program and provided upbeat guidance for the fourth quarter. This positive performance has caught the attention of analysts, with several raising their price targets on the stock.
Progyny, Inc. (PGNY) saw its stock drop sharply after reporting worse-than-expected third-quarter sales results and issuing FY24 revenue guidance below analyst estimates. The company blamed lower-than-expected utilization rates for the shortfall. Despite the disappointing results, Progyny remains optimistic about its long-term prospects in a growing market. Analysts have reacted to the news by adjusting their price targets on PGNY stock.
ZoomInfo Technologies Inc. (ZI) exceeded analysts’ expectations for its third quarter, reporting revenue of $303.6 million and adjusted earnings per share (EPS) of 28 cents. Despite the positive earnings, ZoomInfo shares fell over 16% on Wednesday. This decline comes despite the company’s optimistic outlook for the fourth quarter and fiscal year 2024.
Shopify Inc (SHOP) delivered strong third-quarter results, exceeding revenue and earnings estimates. The company’s growth was driven by its unified commerce platform, which is becoming increasingly popular with merchants of all sizes. Analysts are optimistic about Shopify’s future, with several raising their price targets following the earnings announcement.
Tower Semiconductor, a leading contract chipmaker, exceeded analysts’ expectations for its third-quarter 2024 earnings, reporting a 3.4% year-on-year revenue growth. The company also announced a significant $350 million investment plan to expand its capacity and enhance its Silicon Photonics and Silicon Germanium capabilities, driven by increasing demand for these technologies in high-growth markets.
Paysafe Limited (PSFE) reported strong third-quarter earnings, exceeding analyst expectations. However, the company’s stock plummeted in pre-market trading as investors expressed concerns about the pace of revenue growth. Despite beating revenue estimates, the 8% year-over-year increase was lower than some analysts had anticipated, leading to a sell-off.
