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Willis Towers Q4 Earnings Surpass Estimates on Higher Revenues
ZACKS· 2025-02-04 15:55
Willis Towers Watson Public Limited Company (WTW) delivered fourth-quarter 2024 adjusted earnings of $8.13 per share, which beat the Zacks Consensus Estimate by 1.5%. The bottom line increased 9% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.The quarterly results of WTW were aided by an increase in revenues and expanded operating margins at the Health, Wealth & Career and Risk & Broking segments. Higher adjusted operating income and reduced expenses also added to the ups ...
TDY Buys Some of Excelitas' Aerospace & Defense Electronics Assets
ZACKS· 2025-02-04 15:55
Teledyne Technologies, Inc. (TDY) recently completed the acquisition of select aerospace and defense electronics businesses from Excelitas Technologies Corp. for nearly $710 million.The acquiree offers a wide range of products for the space, satellite and defense industries. The acquired asset includes the optical systems business known under the Qioptiq brand, based in Northern Wales, UK, and the U.S.-based advanced electronic systems business.How Will the Buyout Benefit Teledyne? The acquisition of some s ...
Is the Options Market Predicting a Spike in Coastal Financial (CCB) Stock?
ZACKS· 2025-02-04 15:55
Investors in Coastal Financial Corporation (CCB) need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 17, 2025 $35.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It ...
Is TSLA Stock Worth Betting On Now on Musk's Big AI Promises?
ZACKS· 2025-02-04 15:55
The world’s richest man, Elon Musk — founder of companies like Tesla (TSLA) , SpaceX and xAI — is known for shaking up industries, whether it’s electric vehicles (EVs) or space exploration. This charismatic and arguably the most influential businessman has a dedicated fan base as well as haters. It’s like you either believe in him or you don’t.He makes big promises and, well, also delivers on some! If you had to list his boldest predictions, you probably wouldn’t struggle to come up with a few. But which on ...
Wall Street Analysts See a 25.25% Upside in Potbelly (PBPB): Can the Stock Really Move This High?
ZACKS· 2025-02-04 15:55
Potbelly (PBPB) closed the last trading session at $12.24, gaining 30.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15.33 indicates a 25.3% upside potential.The average comprises three short-term price targets ranging from a low of $14 to a high of $16, with a standard deviation of $1.15. While the lowest estimate indicates an increase of 14.4% from the current price level, t ...
How Much Upside is Left in Fortune Brands Innovations (FBIN)? Wall Street Analysts Think 25.38%
ZACKS· 2025-02-04 15:55
Fortune Brands Innovations (FBIN) closed the last trading session at $68.96, gaining 0.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $86.46 indicates a 25.4% upside potential.The average comprises 13 short-term price targets ranging from a low of $75 to a high of $101, with a standard deviation of $8.15. While the lowest estimate indicates an increase of 8.8% from the current ...
Why Howmet Aerospace Soared Higher in January
The Motley Fool· 2025-02-04 15:54
Aerospace components are in high demand, setting up a positive outlook for suppliers including Howmet Aerospace (HWM -0.78%).Howmet shares climbed 15.7% in January, according to data provided by S&P Global Market Intelligence, as a number of analysts spotlighted the company among potential winners in 2025.Strong demand from multiple areasHowmet makes fasteners and other components that go into aircraft, engines, turbines, and other industrial goods, with more than half of its revenue coming from commercial ...
Estée Lauder Stock Dives on Surprise Loss, Job Cuts as Sales Decline
Investopedia· 2025-02-04 15:51
Key TakeawaysEstée Lauder reported a surprise loss and warned about current-quarter results as sales declined.The cosmetics company was especially impacted by slowing demand in China and the rest of the Asia-Pacific region.Estée Lauder announced a restructuring, making changes in the executive suite and planning to cut 5,800 to 7,000 jobs. Estée Lauder (EL) shares tumbled 17% Tuesday to lead S&P 500 decliners as the beauty products maker reported a surprise quarterly loss and weak guidance, and announced it ...
Hershey's Q4 Earnings Release on Deck: What to Expect From HSY?
ZACKS· 2025-02-04 15:50
The Hershey Company (HSY) is likely to register top and bottom-line growth when it reports fourth-quarter 2024 earnings on Feb. 6. The Zacks Consensus Estimate for revenues is pegged at $2.85 billion, implying a 7.3% increase from the prior-year quarter’s reported figure. The consensus mark for earnings has remained unchanged in the past 30 days at 2.38 per share, which suggests an increase of 17.8% from the figure reported in the year-ago quarter. However, HSY has a trailing four-quarter negative earnings ...
BlackRock Mulls Over Launching an Office in Kuwait, Expanding Presence
ZACKS· 2025-02-04 15:50
BlackRock Inc. (BLK) is considering opening an office in Kuwait to deepen its presence in the Middle Eastern region. This was reported by Bloomberg, citing people familiar with the matter.BLK is in discussions with regulators and could finalize a decision later this month.Rationale Behind BLK’s MoveAbu Dhabi and Riyadh have been competing with Dubai to establish themselves as the primary business hub of the Middle East. While global firms like Citigroup Inc. (C) and Morgan Stanley (MS) have increased their ...