AstraZeneca is set to release its third-quarter 2024 earnings on Tuesday, with investors eager to see continued growth in its oncology and cardiovascular divisions. The company’s strong second-quarter performance, driven by key drugs like Tagrisso, Imfinzi, Calquence, and Farxiga, has fueled optimism for the upcoming report.
Pinterest Inc (PINS) reported its third-quarter financial results, exceeding revenue expectations but falling short on earnings per share. The company saw strong user growth and highlighted the impact of its AI investments in driving personalized experiences and ad performance. Pinterest also provided guidance for the fourth quarter, forecasting continued revenue growth.
Moderna (MRNA) is set to release its third-quarter earnings before the market opens on Thursday, November 7. While analysts anticipate a loss, the focus will be on revenue and the company’s outlook amidst a changing market landscape. This article provides a breakdown of analyst predictions, recent developments, and a look at the latest analyst ratings for MRNA stock.
Ardelyx, Inc. (ARDX) delivered strong third-quarter results, exceeding analysts’ expectations with robust sales for its key products, IBSRELA and XPHOZAH. The company also reported healthy cash reserves, signaling a positive outlook for future growth.
Amazon exceeded analyst expectations in the third quarter, driven by robust sales growth across its core segments. Prime Video, particularly with the success of ‘The Lord of the Rings: The Rings of Power,’ contributed significantly. The company also announced positive fourth-quarter sales forecasts, setting the stage for a strong holiday season.
Fiverr International Ltd (FVRR) exceeded analysts’ expectations for both revenue and earnings in the third quarter of fiscal 2024, driven by continued growth in active buyers and spending per buyer. The company also reported a significant improvement in adjusted EBITDA margin, highlighting its commitment to profitability. Fiverr’s positive outlook for the fourth quarter and full fiscal year 2024 has fueled investor optimism, sending the stock price up by 16.40% on Wednesday.
Shake Shack Inc. (SHAK) stock soared over 13% after the popular burger chain reported better-than-expected third-quarter earnings, driven by robust sales growth and improved profitability. The company also issued an upbeat outlook for the fourth quarter and full year 2024.
Chipotle Mexican Grill (CMG) reported strong third-quarter financial results, exceeding revenue and earnings expectations. Comparable restaurant sales grew by 6%, driven by higher transactions and increased average check size. The company opened 86 new restaurants, showcasing its aggressive expansion strategy. However, despite the positive results, Chipotle’s stock dropped in after-hours trading, likely due to investor concerns about future growth prospects.
Uber’s strong Q2 results, marked by record revenue and earnings, have set high expectations for its upcoming Q3 earnings report. Investors will be watching closely to see if the company can sustain its growth trajectory, navigate macroeconomic challenges, and maintain its strong financial position.
Perfect Corp (PERF) announced its third-quarter earnings, showing a 10.8% year-over-year revenue increase driven by strong growth in AI and AR solutions and mobile app subscriptions. The company also reported record high YouCam app subscribers and a positive outlook for 2024.
