Category: guidance
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ZoomInfo stock falls 16% on weak guidance, CFO transition; Analysts downgrade By Investing.com
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ZoomInfo shares fell 10% in after-hours trading Tuesday after the company reported second-quarter earnings that missed analysts’ expectations and gave weaker-than-expected guidance. The product launch services company also announced a leadership change in its finance department. ZoomInfo reported adjusted earnings per share of $0.17 for the second quarter, missing analysts’…
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Mobileye slumps after cutting 2024 guidance
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Israeli Advanced Driving Assistance Systems (ADAS) stock price Mobily International Company (Nasdaq: MBLY) is trading sharply lower in premarket trading on Wall Street after disappointing the market with a lowered outlook. The company, led by CEO and co-founder Amon Shashua, expects annual revenue of $1.6 billion to $1.68 billion, down…
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Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com
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Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…
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Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com
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Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…
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Swiss financial watchdog FINMA rolls out guidance for stablecoin issuers
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Swiss regulator FINMA has published guidance for issuers of stablecoins, urging them to verify the identity of all persons holding digital tokens linked to fiat currencies. The Swiss Financial Market Supervisory Authority (FinMarket Supervisory Authority) has published new guidance on the risks and challenges associated with stablecoins for issuers and…
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‘Epic’ tech selloff will continue unless mega cap Tech lifts revenue guidance: GS By Investing.com
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The massive momentum reversal in favor of small-cap stocks at the expense of large-cap stocks is likely to continue, according to strategists at Goldman Sachs. Last week, small-cap companies posted a historic weekly performance versus large-cap companies, attributed to several factors, including slowing inflation and expectations that the Federal Reserve…
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BHP hits record for full-year iron ore production, meeting guidance (NYSE:BHP)
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CUHRIG/E+ via Getty Images BHP (NYSE: BHP) said on Tuesday that it had identified Another record for annual iron ore production Meeting expectations, with steady production expected for next year. The world’s largest mining company by market value said in its report Operations Review for Fiscal Year 2024 It was…
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BHP hits record for full-year iron ore production, meeting guidance (NYSE:BHP)
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CUHRIG/E+ via Getty Images BHP (NYSE: BHP) said on Tuesday that it had identified Another record for annual iron ore production Meeting expectations, with steady production expected for next year. The world’s largest mining company by market value said in its report Operations Review for Fiscal Year 2024 It was…
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Adidas raises full-year guidance after better-than-expected Q2 results By Investing.com
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Adidas (OTC:) raised its full-year guidance on Tuesday after a strong performance in the second quarter of 2024. The sportswear giant reported currency-neutral revenues increased 11% year-over-year, with euro-denominated revenues up 9% to €5.822 billion, up from €5.343 billion in 2023. Excluding Yeezy sales, currency-neutral revenues saw an impressive 16%…
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Manchester United reports Q3 results, lifts 2024 revenue guidance By Investing.com
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Manchester United (NYSE:) raised its guidance for the full fiscal year 2024 after reporting third-quarter earnings results on Wednesday. The club’s shares were trading slightly lower in pre-market trading. For the full year, the club now expects revenue of £660m, up from a previous forecast range of between £635m and…
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Bpost shares touch all-time low as postal group’s profit guidance misses estimates By Investing.com
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Investing.com – Shares of Bpost (EBR:) hit an all-time low on Wednesday after the Belgian postal company unveiled annual earnings guidance that missed expectations. The company said it now expects adjusted earnings before interest and taxes at the group level for the full year of between 165 million euros and…
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Apogee shares rise nearly 4% on upbeat guidance and earnings beat By Investing.com
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MINNEAPOLIS – Apogee (NASDAQ:) Enterprises, Inc. announced today: (NASDAQ: APOG) today reported an impressive first-quarter fiscal 2025 performance with a big beat on its earnings and revenue forecasts, along with elevated full-year earnings expectations. Apogee stock responded positively to the news, rising 3.8%. The company reported first-quarter adjusted diluted EPS…
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Pool Corporation sheds 11.6% after-hours, adjusts 2024 earnings guidance By Investing.com
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Investing.com – Pool Corporation (NASDAQ:) fell more than 11% in after-hours trading Monday as the company revised its 2024 earnings guidance amid slowing demand during pool season. For the year-to-date period, Pool Corporation’s sales are down approximately 6.5% compared to the same period in 2023. This is largely due to…
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Gold Fields cuts production guidance after severe winter weather in Chile (NYSE:GFI)
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Moussa81/iStock via Getty Images gold fields (New York Stock Exchange: GFI) -8.4% Pre-market Thursday after Cut production guidance for the full year Due to worse than expected winter weather in Chile, limiting the intensification of the new Salares Norte project. Gold Fields (GFI) said it now expects production This year…
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Dollar firm as investors await Fed guidance By Reuters
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Written by Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar rose against the euro on Monday, as investors awaited more clues to help them determine the course of U.S. interest rates, following cautious statements from Federal Reserve officials (the U.S. central bank) even as signs of a slowdown in…
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Cloudflare Stock Tanks Following Q1 Results, Subpar Guidance
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Cloudflare Stock Tanks After Q1 Results, Below-Average Guidance – Here’s Why Cloudflare Company (NYSE: NET) It announced its first-quarter financial results after the bell on Thursday. here the details. Cloudflare reported quarterly earnings of 16 cents per share, which beat analyst estimates of 13 cents by 23.08%. The company closed…
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Bill.com (NYSE:BILL) Reports Upbeat Q1, Provides Optimistic Full-Year Guidance By Stock Story
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Billing and payment software maker Bill.com (NYSE:BILL) beat analysts’ expectations in the first quarter of fiscal 2024, with revenue rising 18.5% year-over-year to $323 million. Furthermore, revenue guidance for the upcoming quarter ($325 million at the midpoint) was surprisingly good and 3.3% higher than analysts had expected. It generated non-GAAP…
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Mastercard shares slide on Q1 revenue miss, updated guidance By Investing.com
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Mastercard (NYSE:) shares opened lower on Wednesday after the company printed its fiscal first quarter, reporting worse-than-expected revenue and operating margin. The payments processing giant reported first-quarter earnings per share (EPS) of $3.31, ahead of consensus estimates of $3.24. However, the company’s revenue of $6.3 billion is slightly lower than…