Shares of coffee giant Starbucks (SBUX 7.98%) popped on Wednesday after the company reported financial results for its fiscal first quarter of 2025 -- the first quarter of its hopeful turnaround. Global transactions fell 6% but Starbucks stock was counterintuitively up 7% as of 12:30 p.m. ET. Here's why.Starbucks' plan is said to be on trackAs fiscal 2024 was wrapping up, the backwards momentum for Starbucks' business was certainly accelerating. Global same-store sales dropped 7% year over year in the fourt ...

$307 Million in Residential Sales Volume in 2024 to Secure Elite RankingCARMEL-BY-THE-SEA, Calif., Jan. 29, 2025 /PRNewswire/ -- Coldwell Banker Realty is pleased to announce that Tim Allen, Coldwell Banker Global Luxury Property Specialist, has been ranked as its 2024 No. 1 top-performing agent nationally, out of approximately 52,000 sales professionals, and achieved the Society of Excellence designation, which is reserved for only the top 1 percent of Coldwell Banker agents in the nation. The designations ...

Packaging Corporation of America (PKG) reported adjusted earnings per share (EPS) of $2.47 in the fourth quarter of 2024, which missed the Zacks Consensus Estimate of $2.51 by a margin of 2%. The bottom line matched PKG’s guidance and grew 16% year over year. The upside was driven by higher prices and mix and improved volume in both segments as well as lower freight and logistics expenses. However, these gains were somewhat offset by an increase in operating costs, scheduled maintenance outage expenses, dep ...

Microsoft (MSFT) , Meta Platforms (META) and Tesla (TSLA) — three giants of the Magnificent 7 group — are scheduled to report their quarterly results today. The rest — Alphabet (GOOGL) , Amazon.com (AMZN) , Apple (AAPL) and NVIDIA (NVDA) — will report their quarterly results soon.The Magnificent 7 has been benefiting from the massive proliferation of artificial intelligence (AI), which has increased the need for data center capacity expansion and the advent of Generative AI (GenAI).Microsoft-backed OpenAI i ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Aptiv PLC (APTV) . This company, which is in the Zacks Technology Services industry, shows potential for another earnings beat.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 11.81%.For the most recent qua ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Progyny (PGNY) , which belongs to the Zacks Medical Services industry.This provider of fertility and family building benefits has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 13.78%.For the last reported quarter, Progyny came out with earnings of $0.40 ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Merit Medical (MMSI) , which belongs to the Zacks Medical - Dental Supplies industry, could be a great candidate to consider.This maker of disposable medical devices has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 6.02%.For ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Revolve Group (RVLV) , which belongs to the Zacks Textile - Apparel industry, could be a great candidate to consider.This online women's fashion retailer has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 70.83%.For the last reported quarter, Revo ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Travel + Leisure Co. (TNL) , which belongs to the Zacks Leisure and Recreation Services industry, could be a great candidate to consider.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.36%, on average, in the last two quarters.For the last reported q ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? UBS (UBS) , which belongs to the Zacks Banks - Foreign industry, could be a great candidate to consider.This bank has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 118.45%.For the most recent quarter, UBS was expected to post earnings of $0.28 pe ...