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CME Group (CME) Q1 Earnings Top Estimates
ZACKS· 2025-04-23 13:10
CME Group (CME) came out with quarterly earnings of $2.80 per share, beating the Zacks Consensus Estimate of $2.79 per share. This compares to earnings of $2.50 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 0.36%. A quarter ago, it was expected that this parent company of the Chicago Board of Trade and other exchanges would post earnings of $2.44 per share when it actually produced earnings of $2.52, delivering a surprise ...
Old Dominion Freight Line (ODFL) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-04-23 13:10
Old Dominion Freight Line (ODFL) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.48%. A quarter ago, it was expected that this trucking company would post earnings of $1.17 per share when it actually produced earnings of $1.23, delivering a surprise of 5.13%.Over the last four quart ...
Intel Stock Pops as Restructuring Plan Targets 20% Staff Cut
Schaeffers Investment Research· 2025-04-23 13:05
Core Viewpoint - Intel Corp is experiencing a significant stock movement, with a 5.6% increase in pre-market trading following reports of planned layoffs exceeding 20% of its workforce as part of a restructuring effort under new CEO Lip-Bu Tan [1] Group 1: Stock Performance - Intel stock has declined 14.1% this month but is attempting a rebound, aiming to open above the $20 level, which may help erase its 2.7% year-to-date deficit [2] - Despite a steep 43.3% loss over the last 12 months, the current surge may assist in reclaiming support at its short-term 10-day moving average [2] Group 2: Options Trading - The news of layoffs could lead options traders to unwind some bearish positions, as Intel's 10-day put/call volume ratio is in the 76th percentile of its annual range, indicating a higher-than-usual appetite for puts recently [3] Group 3: Analyst Sentiment - Analyst sentiment is poised for a potential shift, with 31 out of 36 brokerages maintaining "hold" ratings and four labeling it a "strong sell," suggesting that upgrades could provide additional support if Wall Street responds positively to the restructuring plan [4]
Ryder (R) Q1 Earnings Top Estimates
ZACKS· 2025-04-23 13:05
Core Viewpoint - Ryder reported quarterly earnings of $2.46 per share, exceeding the Zacks Consensus Estimate of $2.40 per share, and showing an increase from $2.14 per share a year ago, indicating a positive earnings surprise of 2.50% [1][2] Financial Performance - Ryder's revenues for the quarter ended March 2025 were $3.13 billion, which fell short of the Zacks Consensus Estimate by 1.26%, compared to $3.1 billion in the same quarter last year [2] - Over the last four quarters, the company has consistently surpassed consensus EPS estimates, but has not been able to beat revenue estimates during the same period [2] Stock Performance - Ryder shares have declined approximately 12% since the beginning of the year, while the S&P 500 has decreased by 10.1% [3] - The current Zacks Rank for Ryder is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $3.23 on revenues of $3.26 billion, and for the current fiscal year, it is $13.54 on revenues of $13.2 billion [7] - The trend of estimate revisions for Ryder has been unfavorable leading up to the earnings release [6] Industry Context - The Transportation - Equipment and Leasing industry, to which Ryder belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8]
General Dynamics (GD) Q1 Earnings and Revenues Top Estimates
ZACKS· 2025-04-23 13:05
Group 1: Earnings Performance - General Dynamics reported quarterly earnings of $3.66 per share, exceeding the Zacks Consensus Estimate of $3.47 per share, and up from $2.88 per share a year ago, representing an earnings surprise of 5.48% [1] - The company posted revenues of $12.22 billion for the quarter, surpassing the Zacks Consensus Estimate by 2.28%, compared to $10.73 billion in the same quarter last year [2] - Over the last four quarters, General Dynamics has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - General Dynamics shares have increased approximately 4.3% since the beginning of the year, contrasting with a decline of -10.1% in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $3.41 on revenues of $12.15 billion, and for the current fiscal year, it is $14.85 on revenues of $50.43 billion [7] - The estimate revisions trend for General Dynamics is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Group 3: Industry Context - The Aerospace - Defense industry, to which General Dynamics belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
James Hardie Debuts Hardie™ Designer, Powered by Hover's AI Technology
Prnewswire· 2025-04-23 13:05
First-of-its-kind experience on JamesHardie.com transforms home exterior renovation planning with photorealistic, real-time designs of Hardie® products on user's actual homesCHICAGO and SAN FRANCISCO, April 23, 2025 /PRNewswire/ -- James Hardie Building Products Inc. (James Hardie), a subsidiary of James Hardie Industries plc (ASX: JHX; NYSE: JHX) and the #1 brand of siding in North America*, and Hover, a leader in 3D property technology, today announced the launch of Hardie™ Designer, an AI design tool pow ...
Angie DeWitt announces her retirement from Associated Bank
Prnewswire· 2025-04-23 13:05
DeWitt set to step down as chief human resources officer on June 2, 2025GREEN BAY, Wis., April 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced that Chief Human Resources Officer (CHRO) Angie DeWitt has announced her plans to retire after an exceptional 17-year career with the company.Joining Associated Bank in 2008, DeWitt has been a key member of the bank's executive leadership team, playing a pivotal role in shaping organizational success. She began her career in F ...
Quantum eMotion Applauds Strategic Alliance Between Krown Technologies and EIE, Opening Doors for U.S. Cybersecurity Expansion
Newsfile· 2025-04-23 13:03
April 23, 2025 9:03 AM EDT | Source: Quantum eMotion Corp. Montreal, Quebec and Irvine, California--(Newsfile Corp. - April 23, 2025) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM" or the "Company"), a pioneer in quantum-powered cybersecurity solutions, proudly salutes Krown Technologies for its newly announced strategic partnership with Esposito Intellectual Enterprises (EIE)-a collaboration poised to dramatically reshape the future of blockchain and decentralized technologies. This ...
EQT Q1 Earnings & Revenues Beat Estimates on Higher Production
ZACKS· 2025-04-23 12:55
EQT Corporation (EQT) reported first-quarter 2024 adjusted earnings from continuing operations of $1.18 per share, which beat the Zacks Consensus Estimate of $1.02. The bottom line increased from the year-ago reported figure of 82 cents. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Adjusted operating revenues increased to $2,153 million from $1,720 million in the prior-year quarter. The top line beat the Zacks Consensus Estimate of $2,147 million.The strong quarterly results were ...
LyondellBasell to Report Q1 Earnings: What's in the Offing?
ZACKS· 2025-04-23 12:55
LyondellBasell Industries N.V. (LYB) is scheduled to report first-quarter 2025 earnings on April 25, before the opening bell.The company surpassed the Zacks Consensus Estimate in two of the last four quarters, missed once and reported in-line results on the other occasion, with the average earnings surprise being 0.2%.LYB stock has lost 42.3% in the past year compared with the Zacks Chemicals Diversified industry’s 26.3% decline.Image Source: Zacks Investment ResearchLet’s see how things are shaping up for ...