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SOFI Technologies to Report Q4 Earnings: Here's What to Expect
ZACKS· 2025-01-24 17:25
SoFi Technologies, Inc. (SOFI) is scheduled to report its fourth-quarter 2024 results on Jan 27, before the bell. The company’s earnings surpassed the Zacks Consensus Estimate in the last reported quarter, with a 25% earnings surprise.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Expectations This Time AroundThe Zacks Consensus Estimate for SoFi’s revenues in the to-be-reported quarter is pegged at $2.54 billion, indicating a 22.3% year-over-year increase. Growth in members and stro ...
Ally Financial: Asset Sale Should Not Outweigh A Mixed Outlook
Seeking Alpha· 2025-01-24 17:25
Shares of Ally Financial Inc. (NYSE: ALLY ) have been a moderate performer over the past year, gaining just under 10% in what has been a strong bull market. More recently, shares have begun clawing back losses suffered backOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disc ...
Enhance Trade Secrets Protection with Innovative Information Management Training Course - Register Now for the February 13, 2025 Virtual Course on Managing Information Flows for IP Purposes
GlobeNewswire· 2025-01-24 17:23
Dublin, Jan. 24, 2025 (GLOBE NEWSWIRE) -- The "Managing Information Flows for IP (Intellectual Property) Purposes: Trade Secrets Training Course (ONLINE EVENT: February 13, 2025)" has been added to ResearchAndMarkets.com's offering.This practical one-day course will enhance your knowledge of the principles and practice of information management in IP transactions, with a special focus on trade secrets. Safeguarding trade secrets is essential for maintaining a company's competitive edge, ensuring financial ...
Granite Wins $88M Project From Caltrans, Boosts CAP Growth
ZACKS· 2025-01-24 17:21
Project Details - Granite Construction Incorporated (GVA) has been awarded an $88 million project by the California Department of Transportation (Caltrans) to improve a portion of Ortega Highway State Route 74 (SR 74) [1] - The project will be funded by state and federal sources, with construction expected to begin in April 2025 and be completed by November 2026 [1] - GVA will include this project in its first quarter of 2025 Committed and Awarded Projects (CAP) [1] Work Scope - The project involves widening shoulders and roadways, installing centerline and edge line rumble strips, and resurfacing the highway to improve safety and efficiency [2] - These enhancements will provide vehicle buffer room, significantly improving safety on the narrow two-lane mountainous highway [2] Strategic Importance - The contract builds on Granite's ongoing efforts on this stretch of highway over the past few years, aligning with its strategic goal of expanding its footprint in the Inland Empire of Southern California [3] - Granite is focusing on growing a high-quality CAP portfolio, leveraging positive public funding and a resilient private market to deliver larger projects while minimizing risk [3] CAP Growth - During the third quarter of 2024, Granite added $44 million to its CAP, bringing the total to $5.6 billion, a $44 million sequential increase and a $35 million year-over-year increase [4] - Best-value projects represented 42% ($2.4 billion) of the company's CAP at the end of the quarter, an increase of $31 million from the year-ago quarter [4] Best-Value Projects - Best-value projects include construction manager, general contractor, and progressive design builds, which Granite believes are more efficiently constructed and have a solid growth trajectory [5] Stock Performance - GVA's shares have gained 39.9% in the past six months, slightly below the Zacks Building Products - Heavy Construction industry's 41.8% growth [7] - The company believes strong opportunities across public and private markets will likely foster growth in the upcoming period [8] Industry Comparison - Weyerhaeuser Company (WY) has a Zacks Rank 1 (Strong Buy) and delivered a trailing four-quarter earnings surprise of 41.6% on average, with a 1.6% loss in the past six months [10] - Frontdoor, Inc. (FTDR) has a Zacks Rank 1 and delivered a trailing four-quarter earnings surprise of 269% on average, with a 57.7% gain in the past six months [10] - MasTec, Inc. (MTZ) has a Zacks Rank 2 (Buy) and delivered a trailing four-quarter earnings surprise of 40.2% on average, with a 53.8% gain in the past six months [11]
Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast
CNBC· 2025-01-24 17:20
Twilio shares soared more than 20% on Friday and headed for their biggest gain since the early days of the Covid pandemic after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The stock jumped to $140.12 as of mid-day trading, which would be its highest close since 2022. Twilio revealed its new guidance at a Thursday investor event, a little over a year after the company named Khozema Shipchandler as CEO. Shipchandler, who had been Twilio's president and be ...
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Aehr Test Systems Investors to Secure Counsel Before Important Deadline in Securities Class Action – AEHR
GlobeNewswire· 2025-01-24 17:20
Case Overview - A class action lawsuit has been filed against Aehr Test Systems (NASDAQ: AEHR) for alleged false and misleading statements made during the Class Period from January 9, 2024, to March 24, 2024 [1][4] - Investors who purchased Aehr securities during this period may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement [1] Allegations - Defendants allegedly made false or misleading statements and failed to disclose that Aehr was experiencing substantial delays in customer orders, which would negatively impact revenue growth [4] - Aehr's business and financial prospects were allegedly overstated, leading to materially false and misleading public statements [4] - When the true details entered the market, investors allegedly suffered damages [4] Legal Representation - The Rosen Law Firm is representing investors in this case, with a track record of success in securities class actions and shareholder derivative litigation [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] - Rosen Law Firm was ranked No 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has been in the top 4 each year since 2013 [3] Next Steps for Investors - Investors can join the class action by visiting the Rosen Law Firm's website or contacting Phillip Kim, Esq [2][5] - The deadline to move the Court to serve as lead plaintiff is February 3, 2025 [2] - Investors may choose their own counsel or remain absent class members, with the ability to share in any potential future recovery not dependent on serving as lead plaintiff [6]
UAE Data Center Market Investment Analysis 2025-2030, Focusing on Data Center Investors, New Entrants, IT Infrastructure Providers and Data Center Construction Contractors & Sub-Contractors
GlobeNewswire· 2025-01-24 17:19
The report analyses the UAE data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes: Emirati Data Center Market Emirati Data Center Market Dublin, Jan. 24, 2025 (GLOBE NEWSWIRE) -- The "United Arab Emirates Data Center Market - Investment Analysis & Growth Opportunitie ...
Qualcomm Gains $2 Billion Boost From Samsung S25 Chipset Deal, Analyst Highlights Growth in Handsets and Beyond
Benzinga· 2025-01-24 17:17
JP Morgan analyst Samik Chatterjee maintained an Overweight rating on Qualcomm Inc QCOM.Samsung Electronics recently launched its latest flagship smartphone, the S25, which features Snapdragon chipsets across all variants.This marks a share gain for Qualcomm compared to the prior generation flagship S24, where the Base and Plus models outside North America and China used Samsung’s in-house Exynos chipset.Also Read: Microsoft Launches CoreAI Division: Ex-Meta Exec To Supercharge Copilot And AI InnovationsReg ...
What Should You Do With Progressive Stock Ahead of Q4 Earnings?
ZACKS· 2025-01-24 17:16
The Progressive Corporation (PGR) is expected to register an improvement in its top and bottom lines when it reports fourth-quarter 2024 results on Jan. 29, before the opening bell.See the Zacks Earnings Calendar to stay ahead of market-making news.The Zacks Consensus Estimate for PGR’s fourth-quarter revenues is pegged at $19.8 billion, indicating 19.5% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at $3.43 per share. The Zacks Consensus Estimate for PGR’s fourth-qu ...
Adobe Declines 30% in a Year: Buy, Sell or Hold the Stock in 2025?
ZACKS· 2025-01-24 17:16
Adobe (ADBE) shares have declined 29.8% in the trailing 12-month period, underperforming the broader Zacks Computer and Technology sector’s return of 28.5% and the Zacks Computer Software industry’s appreciation of 14.2%.ADBE’s 2025 prospects are suffering from increasing competition in the Generative AI (GenAI) space from the likes of Microsoft (MSFT) -backed Open AI, as well as a lack of monetization of its AI solutions. For fiscal 2025, Digital Media Annual Recurring Revenue is now expected to grow rough ...