Trip.com Group, a leading travel platform, will release its financial results for the second quarter of 2024 on August 26th. The company will host a conference call following the announcement to discuss the results with investors and analysts.
Results for: Earnings
This article highlights key stocks anticipated to draw investor attention today. Learn about their expected earnings reports, recent performance, and potential market impact.
Cardinal Health (CAH) is set to release its fourth-quarter earnings on August 14th. Analysts anticipate strong earnings growth and revenue, but mixed analyst ratings suggest a range of opinions on the stock’s future performance.
Smart Sand, Inc. (SND) announced strong second quarter 2024 results, reporting a 18% increase in tons sold compared to the same period in 2023. The company saw improvements in contribution margin, adjusted EBITDA, and free cash flow due to implemented efficiency measures. Despite potential slowdowns in activity in the second half of the year, Smart Sand remains optimistic about long-term fundamentals for natural gas activity and is well-positioned for increased activity in 2025.
Serve Robotics, a company specializing in autonomous sidewalk robots for deliveries, saw its stock price soar after releasing strong second-quarter financial results. The company achieved significant growth in daily supply hours, robot deployments, and expanded its partnership with Magna for production and software services. Serve Robotics also announced plans to deploy 250 additional robots in Los Angeles by the end of Q1 2025, setting the stage for its full-scale rollout of 2,000 robots under its agreement with Uber Eats.
Flutter Entertainment, the parent company of FanDuel, reported strong second-quarter financial results, exceeding analysts’ expectations for both earnings and revenue. The company’s strong U.S. performance, particularly in sports betting, contributed significantly to the positive results. Shares of FLUT surged over 10% in after-hours trading.
The Home Depot Inc. (HD) reported second-quarter fiscal 2024 results, exceeding Zacks Consensus Estimates for both earnings and sales. While sales saw a slight year-over-year increase, earnings per share declined. The company attributed this performance to ongoing challenges from higher interest rates and economic uncertainty impacting consumer demand for home improvement projects. Despite these headwinds, Home Depot remains confident in its growth strategies, including investments in customer experience and store expansion. However, the company lowered its fiscal 2024 forecasts for earnings per share and comparable sales, leading to a decline in share price in pre-market trading.
Walmart, the world’s largest retailer, has consistently exceeded earnings expectations in recent quarters. With a positive Earnings ESP and a Zacks Rank #2 (Buy), the company appears well-positioned to deliver another strong performance in its upcoming earnings report.
IHS Holding, a telecommunications infrastructure company, reported quarterly earnings that missed analysts’ expectations but exceeded revenue forecasts. The company’s stock performance will depend on future earnings expectations and management’s commentary on the earnings call. The stock is currently ranked as a Zacks Rank #3 (Hold).
Newell Brands (NWL) stock has been struggling due to a challenging macroeconomic environment and muted demand for its products. The company faces a tough outlook, with projected sales declines and earnings pressure. However, Newell Brands is implementing initiatives to improve productivity and efficiency, focusing on core business resilience, and advancing its e-commerce strategy. Despite the current challenges, Newell Brands remains committed to long-term growth.