Progress Software Corporation (PRGS) is set to report its third-quarter earnings on Tuesday, Sept. 24, with analysts expecting strong growth. The company’s recent acquisition of ShareFile for $875 million is expected to boost revenue, and analysts are optimistic about the future. Find out what the top analysts are predicting for PRGS stock.
KB Home (KBH) is set to release its third-quarter earnings on Tuesday, and analysts anticipate strong results. This article delves into the company’s dividend yield and explores how investors can potentially earn passive income through KB Home shares.
This article highlights key stocks to watch on the stock market today, including AAR Corp., ShiftPixy, Red Cat Holdings, iBio, and Uxin Limited, based on their expected earnings reports and recent market movements.
KB Home (KBH) is set to release its third-quarter earnings on Tuesday, September 24th. Analysts anticipate strong results with earnings per share expected to rise significantly from the previous year. However, a closer look at analyst ratings reveals mixed opinions about the stock’s future performance.
V.F. Corporation (VFC) has experienced a significant stock rally in recent months, driven by its Reinvent transformation program and cost-reduction initiatives. The company is seeing positive signs with improvements in sales at Vans, one of its key brands, despite near-term uncertainties. VFC’s stock is trading near its 52-week high, suggesting sustained investor confidence in the company’s future performance.
Lennar Corporation (LEN) reported third-quarter fiscal 2024 results, exceeding Zacks Consensus Estimates for both earnings and revenue. Revenue growth was driven by the company’s focus on maintaining a stable production rate, while pricing strategies and marketing efforts helped sustain sales volume despite interest rate volatility. However, earnings declined slightly from the previous year, and investors reacted negatively to lower gross margins and a cautious outlook for the fourth quarter.
Jabil Inc. (JBL), a global leader in electronic manufacturing services, is expected to report a revenue decline in its fourth quarter of fiscal 2024 due to weak demand in several key markets. However, the company’s focus on operational efficiency and AI integration is likely to support profitability.
Darden Restaurants (DRI) reported disappointing first-quarter earnings, missing both revenue and earnings estimates. However, analysts remain optimistic about the company’s future, particularly due to its new partnership with Uber for delivery services. The analysts believe this partnership, coupled with other growth initiatives, will drive future sales and earnings growth for Darden.
Wolfspeed (WOLF) reported a wider-than-expected loss in its fourth-quarter earnings, with revenues lagging year-over-year. Despite this, the company expects to see revenue growth in the first quarter of fiscal 2025. Investors have recently witnessed a downward trend in fresh estimates for Wolfspeed, leading to a Zacks Rank of #3 (Hold).
Macy’s (M) recently reported its second-quarter earnings, showing a beat on earnings but a miss on revenue. Despite a slight uptick in the stock price, the company’s outlook remains cautious, with analysts revising their expectations downward. This article delves into the details of Macy’s performance, its revised guidance, and compares it to a fellow retail competitor, Dillard’s (DDS).
