HEICO Corporation (HEI) is expected to report strong Q4 earnings on December 17th, exceeding last year’s figures. Analysts offer varying but mostly positive ratings and price target increases, suggesting a bullish outlook. However, investors should conduct thorough research before making any investment decisions.
HP Inc. (HPQ) shares plummeted 8% in pre-market trading after its Q4 earnings report, despite exceeding revenue expectations. The decline stems from disappointing Q1 earnings guidance, falling short of analyst projections due to rising component costs. While revenue topped estimates, the profit outlook caused investor concern.
Valvoline Inc. announced impressive financial results for its fourth quarter and fiscal year 2024, marking its 18th consecutive year of system-wide same-store sales growth. The company achieved significant growth in sales, income, and EBITDA, driven by strong same-store sales and network expansion. Valvoline also outlined its plans for continued growth in fiscal year 2025, including further network expansion through franchising.
Starbucks Corp (SBUX) reported its fourth-quarter financial results, revealing a decline in sales and comparable store sales. CEO Brian Niccol outlined a new strategy to regain customer loyalty, focusing on simplifying the menu and returning to the company’s core identity. The company suspended its 2025 guidance and declared a cash dividend of 61 cents per share.
Starbucks is set to release its fourth-quarter earnings after the market close on Wednesday, October 30. Analysts expect a decline in earnings and revenue compared to the previous year. However, despite the anticipated drop, several analysts remain bullish on the coffee giant’s future, with some even raising their price targets.
KITS Eyecare Ltd. (KITS) announced record-breaking sales of $3.6 million for the week ending October 12, 2024, marking a strong start to the fourth quarter. This surge in sales is attributed to increased website traffic and customer engagement, driven by KITS’ ongoing Customer Appreciation Month celebration. With a focus on delivering exceptional style, value, and convenience, KITS is well-positioned to continue expanding its digital footprint and reach more customers across North America.
Prime Minister Narendra Modi is set to hold election rallies in Odisha today. NSE has banned trading of five stocks in the F&O segment, including Biocon and Piramal Enterprises. Ztech India has launched its IPO, priced between 104 and 110 per share. Several major companies, such as Adani Transmission and Tata Steel, are reporting their Q4 earnings today. The NTA has rescheduled CUET UG 2024 exams for Kanpur, Delhi, and Silchar centers due to paper distribution issues.
Paytm’s founder and CEO Vijay Shekhar Sharma has informed shareholders that the company’s revenue and profitability will be affected in the short term due to disruptions faced in its business during the fourth quarter. This includes a steady-state impact due to the pause in operations of the Paytm Payments Bank (PPBL) wallet, as well as the suspension of certain payment and loan products. However, Sharma emphasized that many of these products have been restarted or will soon be relaunched.
Shares of Delhivery Ltd. experienced a steep decline of 12% on May 21st, following the release of its Q4 financial results. Despite the company reporting a narrowing loss of ₹68.5 crore compared to the previous year’s ₹159 crore, brokerages have expressed mixed reactions to the performance.
Balkrishna Industries, a renowned tire manufacturer, has witnessed a remarkable 8% surge in its share price, reaching a new 52-week high on May 21. This impressive performance is attributed to the company’s exceptional Q4 earnings, exceeding market expectations. The company reported a substantial 87.4% increase in net profit, amounting to ₹486.8 crore, compared to ₹260 crore in the corresponding period of the previous year. Furthermore, revenue growth stood at ₹2,682 crore, marking a 16% increase from ₹2,317 crore in the same quarter of the previous fiscal year.
