Enphase Energy, Inc. (ENPH) is scheduled to report fourth-quarter 2024 results on Feb. 4, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 16.67%. Enphase Energy has a trailing four-quarter average negative earnings surprise of 11.40%.Factors to Note Ahead of ENPH’s ResultsENPH has been experiencing a broad-based slowdown in demand for its products across the United Stat ...

We expect an eventful day on Wall Street today, with plenty of earnings reports, economic prints and a new monetary policy statement from the Fed later today. Pre-market trading is cautious after a modestly strong Tuesday, with the Dow currently -90 points, the S&P 500 -16 and the Nasdaq -3 points at this hour. The small-cap Russell 2000 is -4 points right now.Trade Balance for December Hits 12-Month LowGetting ahead of restrictive tariffs all but certain to greet U.S. trade under the new Trump administrati ...

Arista Networks (ANET) shares soared 6.2% in the last trading session to close at $106.54. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10% loss over the past four weeks.The Arista 2.0 strategy is resonating well with customers with its modern networking platforms being foundational for transformation from silos to centers of data. The company is well-positioned with the right network architecture for client-to-campus data cen ...

Zacks Investment Research has recently initiated coverage of Cemtrex, Inc. (CETX) , assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook for the company, which has been making notable strides in the AI-driven security tech and industrial services space despite industry challenges.CETX, headquartered in Hauppauge, NY, is a multi-industry enterprise with two primary business segments — Security and Industrial Services. It delivers advanced security solutions ...

HSBC Holdings PLC (HSBC) plans to close its mergers and acquisitions (M&A) and some equities businesses in Europe and the Americas to enhance its focus on the Asian region. This was first reported by Bloomberg.Rationale Behind HSBC’s RetrenchmentThe move aims to accelerate the shift from Western markets to Eastern regions where HSBC has higher profitability.Michael Roberts, CEO of HSBC Bank, stated, “Our intention is to move to a more competitive, scalable, financing-led model.” The bank also mentioned reta ...

For the quarter ended December 2024, Otis Worldwide (OTIS) reported revenue of $3.68 billion, up 1.5% over the same period last year. EPS came in at $0.93, compared to $0.87 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.65 billion, representing a surprise of +0.72%. The company delivered an EPS surprise of -2.11%, with the consensus EPS estimate being $0.95.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Lennox International (LII) reported $1.35 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 16.5%. EPS of $5.60 for the same period compares to $3.63 a year ago.The reported revenue represents a surprise of +8.71% over the Zacks Consensus Estimate of $1.24 billion. With the consensus EPS estimate being $4.23, the EPS surprise was +32.39%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

For the quarter ended December 2024, Group 1 Automotive (GPI) reported revenue of $5.55 billion, up 23.8% over the same period last year. EPS came in at $10.02, compared to $9.50 in the year-ago quarter.The reported revenue represents a surprise of +6.67% over the Zacks Consensus Estimate of $5.2 billion. With the consensus EPS estimate being $9.21, the EPS surprise was +8.79%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

Meta is slated to report fourth-quarter earnings on Wednesday after the close of regular trading.Here is what analysts polled by LSEG are expecting:Earnings per share: $6.77Revenue: $47.03 billionMeta shares are up about 14% since Oct. 30, when the social networking giant reported third-quarter earnings and said it would raise the low end of its 2024 capital expenditures guidance from $37 billion to $38 billion. At the time, the company's shares dipped slightly in after-hours trading, indicating some invest ...

Athitat Shinagowin/iStock via Getty Images Listen here or on the go via Apple Podcasts and Spotify Steven Cress talks to Kim Khan about his top dividend picks for the year. How dividend stocks may fare in 2025 (1:25). Highlighting Quant dividend grades (5:05). Why NewLake Capital Partners is a hold but still recommended (7:20). John Wiley & Sons' great safety grade; Clorox's good diversification and profitability (8:45). CareTrust REIT's strong valuation (11:45). Northrop Grumman's record backlog (13 ...