Results for: Earnings

Needham analyst Laura Martin reaffirms her Buy rating for Disney, citing strong direct-to-consumer (DTC) growth, strategic partnerships, and a robust content library. Martin expects Disney to reach DTC breakeven in 2024 and projects significant subscriber growth, driven by new deals with Charter Communications and the success of Disney+ content. She also highlights Disney’s strategic investments in areas like gaming (Epic Games) and its focus on building capacity for future growth in its parks. While revising her estimates for the fourth quarter, Martin remains bullish on Disney’s long-term prospects.

TD SYNNEX Corp (SNX) exceeded analysts’ expectations for both earnings and revenue in the third quarter. The company’s revenue grew 5.2% year-over-year, driven by growth in both its Advanced Solutions and Endpoint Solutions portfolios. Investors are reacting positively to the strong results, with SNX shares trading higher on Thursday.

CarMax, Inc. (KMX) reported mixed second-quarter earnings, with revenue exceeding expectations but earnings per share falling short of analyst estimates. The company’s stock price climbed over 3% in response to the results, driven by strong retail sales growth and robust margins despite industry-wide auto loan loss pressure.

NRG Energy Inc. (NRG) saw its stock price jump on Thursday after the company revised its full-year 2024 outlook upwards. The energy giant increased its adjusted EBITDA and free cash flow projections, citing strong financial and operational performance. The announcement follows the company’s upcoming third-quarter earnings release scheduled for November 8th.

H.B. Fuller Company (FUL) saw its shares drop in premarket trading after the company reported disappointing third-quarter results and lowered its full-year guidance. Revenue missed expectations, while organic revenue growth was muted due to pricing adjustments. Despite gross profit and EBITDA improvements, adjusted EPS fell short of forecasts, prompting a reduction in the company’s FY24 outlook.

Jabil Inc., a leading manufacturer of electronics and diversified products, reported a decline in fourth-quarter revenue but exceeded analysts’ expectations for both revenue and earnings per share. The company remains optimistic about its long-term growth prospects and has authorized a share repurchase program of up to $1 billion.

Costco is set to release its fourth-quarter earnings this Thursday, with analysts expecting strong results. While the company is known for its low prices, investors are also looking at its potential for dividend income. This article explores how much Costco stock you’d need to own to generate $500 or $100 in monthly dividend income.

Accenture (ACN) reported impressive fourth-quarter fiscal 2024 results, exceeding analyst expectations for both revenue and earnings. The company also announced an increased dividend and a new share repurchase program, signaling confidence in its future prospects.

The stock market is showing signs of revitalization driven by Micron’s strong earnings report, China’s economic stimulus efforts, and anticipation of key economic data releases. However, the market remains cautious about the upcoming election and the Fed’s interest rate trajectory, which could impact investor sentiment.

TD SYNNEX Corporation (SNX) is set to release its third-quarter earnings results on Thursday, September 26th. Analysts anticipate the company to report strong earnings and revenue growth, driven by its recent acquisition and expansion into cloud services. This article provides a detailed look at analyst expectations, recent ratings, and key factors to consider ahead of the earnings release.