Uber to buy delivery arm of Turkey's Getir
TechCrunch· 2026-02-09 15:07
Uber has agreed to acquire the delivery business of Turkey’s Getir, once one of the biggest success stories of the country’s startup ecosystem, the company announced on MondayThe deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. The ride-hailing giant will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business, and said it would complete the acquisition of the division over the next few years. Uber is buying the business f ...
Broadridge Financial Solutions CEO Touts Tokenization, AI and CQG Deal at UBS Conference
Yahoo Finance· 2026-02-09 15:06
Gokey said Broadridge has scaled significantly since he joined in 2010, growing from about 3,000 associates and a roughly $2.5 billion market capitalization at that time to about 15,000 associates and a market capitalization he cited at roughly $22 billion. He described the company as generating $4.5 billion in recurring fee revenue and operating at the center of industry activity, citing metrics including processing $15 trillion of trades daily and $400 billion a day in tokenized assets. On the governance ...
Becton, Dickinson and Company Q1 Earnings Call Highlights
Yahoo Finance· 2026-02-09 15:06
Quarterly results came in ahead of expectations BD posted total revenue of $5.3 billion, up 0.4% year over year on an FX-neutral basis. Management said "new BD" grew 2.5%, with broad-based growth across most of the portfolio, partially offset by headwinds in areas management characterized as about 10% of the business, including Alaris, vaccines in China, and China market dynamics. → IREN Earnings Were Ugly—Is a Beautiful Future Already Funded? Becton, Dickinson and Company (NYSE:BDX) reported first fiscal q ...
Pagaya Technologies Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-09 15:06
Perros reported fourth quarter revenue of $335 million , with Fee Revenue Less Production Costs (FRLPC) of $131 million and adjusted EBITDA of $98 million , representing a 29% adjusted EBITDA margin . He said FRLPC was 4.9% of network volume , which management framed as strong monetization while remaining disciplined on risk. CFO Evangelos Perros said the financial results reflected work over multiple years to strengthen Pagaya's operating model, capital structure, and data and risk infrastructure. He added ...
Cipher Mining Inc. (NASDAQ:CIFR) Sees Positive Outlook from Morgan Stanley
Financial Modeling Prep· 2026-02-09 15:06
Company Overview - Cipher Mining Inc. is engaged in the cryptocurrency mining industry, focusing on developing and operating bitcoin mining data centers, aiming for efficient and sustainable mining solutions [1] Stock Performance and Analyst Ratings - On February 9, 2026, Morgan Stanley upgraded Cipher Mining's stock from Underweight to Overweight, with the stock priced at $14.73 at the time of the upgrade [2] - The stock opened at $13.66 and last traded at $14.03, reflecting a notable increase from its previous close of $12.70 [2] - Analysts from Rosenblatt Securities raised their price target to $33.00 with a "buy" rating, while Citigroup and JMP Securities expressed optimism with an "outperform" rating and price targets of $30.00 [3] Stock Volatility and Market Activity - Cipher Mining's stock has shown significant fluctuations, with a 15.98% increase, reflecting a $2.03 change, and trading within a range of $13.45 to $14.86 [4] - Over the past year, the stock reached a high of $25.52 and a low of $1.86, indicating its volatile nature [4] - The company's market capitalization is approximately $5.82 billion [4] Trading Volume and Investor Interest - The trading volume for CIFR today is notably high, with 31,185,318 shares traded, suggesting growing investor interest and confidence in the company's future prospects [5]
ACHR Underperforms Industry in the Past 6 Months: Time to Buy or Hold?
ZACKS· 2026-02-09 15:06
Key Takeaways ACHR has fallen 23.5% in six months, underperforming its industry and sector peers.ACHR is advancing eVTOL efforts with NVIDIA-powered AI tech and plans to showcase it at Hawthorne Airport.ACHR trades at a lower P/B and has strong liquidity, despite eVTOL adoption risks.Archer Aviation Inc. (ACHR) shares have lost 23.5% in the past six months, underperforming the Zacks Aerospace-Defense industry’s growth of 10.4% as well as the broader Zacks Aerospace sector’s gain of 10.5%. It has also lagged ...
Pilgrim's Pride's Q4 Earnings on The Horizon: Factors to Note
ZACKS· 2026-02-09 15:06
Key Takeaways Pilgrim's Pride is expected to post Q4 revenues of $4.6B, up 5.2% year over year.Pilgrim's Pride's Q4 EPS estimate is 78 cents, down 42.2% from the year-ago quarter.PPC is boosting plant productivity and supply chain to support service levels and availability.Pilgrim's Pride Corporation (PPC) is likely to register an increase in the top line when it reports fourth-quarter 2025 earnings on Feb. 11. The Zacks Consensus Estimate for revenues is pegged at $4.6 billion, indicating an increase of 5. ...
UAA Stock Jumps 20% on Q3 Earnings Beat & Raised FY26 Guidance
ZACKS· 2026-02-09 15:06
Key Takeaways UAA beat Q3 earnings estimates, even as total revenues declined year over year across key segments.Under Armour raised FY26 adjusted EPS guidance, signaling improved profitability expectations.UAA cited brand momentum and stronger wholesale engagement supporting investor optimism.Under Armour, Inc. (UAA) reported third-quarter fiscal 2026 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Revenues decreased and earnings increased year over year. UAA’s shares have rise ...
Crocs' Q4 Earnings on The Horizon: What's There to Unfold?
ZACKS· 2026-02-09 15:06
Core Insights - Crocs, Inc. (CROX) is expected to report fourth-quarter 2025 results on February 12, with revenue estimates at $916.6 million, reflecting a 7.4% decline year-over-year. Earnings per share are estimated at $1.91, indicating a 24.2% decrease from the previous year [1][3]. Financial Performance - The company has a trailing four-quarter earnings surprise average of 14.3%, with the last quarter's earnings exceeding estimates by 22.2% [2]. - Management projected a revenue decline of approximately 8% year-over-year, with Crocs brand revenues expected to drop around 3% and HEYDUDE brand revenues anticipated to fall mid-20% [5]. Operational Challenges - Crocs is facing a challenging operating environment, with margins pressured by increased expenses, tariffs, and higher selling, general and administrative (SG&A) costs [3][9]. - The HEYDUDE brand has been experiencing weak trends, with revenue estimates for the quarter at $175 million, down about 23% year-over-year due to cautious consumer behavior and wholesale channel pressures [4][9]. Brand Performance - Despite challenges, Crocs has seen strength in its core products, including clogs, sandals, and personalization offerings, which may help cushion overall performance [6][9]. - The Jibbitz business has also shown encouraging results, contributing positively to the company's performance [6]. Valuation - Crocs is currently trading at a forward 12-month price-to-earnings ratio of 6.83x, significantly below its five-year high of 25.08x and the industry average of 16.16x, indicating an attractive investment opportunity [10]. - The company's shares have increased by 12.1% over the past six months, contrasting with a 2.7% decline in the industry [10].
Martin Marietta to Report Q4 Earnings: What to Expect This Season?
ZACKS· 2026-02-09 15:06
Core Viewpoint - Martin Marietta Materials, Inc. is expected to report its fourth-quarter 2025 results on February 11, with earnings and revenues anticipated to decline year-over-year due to various market pressures [1][3][4]. Financial Performance - In the last quarter, Martin Marietta's earnings from continuing operations and revenues missed the Zacks Consensus Estimate by 10.2% and 9.9%, respectively, but showed year-over-year growth of 23% and 12% [1]. - The Zacks Consensus Estimate for fourth-quarter earnings per share has decreased from $4.83 to $4.68, indicating a 2.3% decline from the previous year's figure of $4.79 [3]. - The estimated revenue for the fourth quarter is projected at $1.56 billion, reflecting a 4.7% decrease from the prior year's $1.63 billion [3]. Market Conditions - The company's revenue performance is expected to be impacted by a slowdown in private construction activities and seasonal factors, with affordability concerns due to high mortgage rates affecting the single-family housing market [4][11]. - The revenue from the Building Materials business is estimated at $1.44 billion, down 7.3% year-over-year [5]. Strategic Factors - Despite the challenges, Martin Marietta benefits from resilient public infrastructure spending, a disciplined pricing strategy, and ongoing portfolio transformation under its SOAR 2025 plan [6][11]. - The aggregates business is supported by sustained public investment in infrastructure projects such as highways, bridges, and tunnels [6]. Earnings Outlook - The bottom line for the upcoming quarter is expected to decline year-over-year due to reduced top-line leverage, increased costs, and ongoing macroeconomic uncertainties [7][11]. - The company's Earnings ESP is -1.31%, indicating that an earnings beat is not anticipated this time [8].