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Otis Worldwide Q1 Earnings Beat Estimates, Sales Miss, Stock Down
ZACKS· 2025-04-23 17:40
Otis Worldwide Corporation (OTIS) reported mixed results in the first quarter of 2025, wherein adjusted earnings surpassed the Zacks Consensus Estimate while net sales missed the same. On a year-over-year basis, the top line declined, but the bottom line increased.The quarterly results were impacted by a soft sales trend in the New Equipment segment, mainly due to a more than 20% decline in China and a high-single-digit decline in the Americas. On the other hand, year-over-year growth in contributions from ...
ISRG Stock Falls Despite Q1 Earnings Beat, Gross Margin Contracts
ZACKS· 2025-04-23 17:40
Intuitive Surgical (ISRG) reported first-quarter 2025 adjusted earnings per share (EPS) of $1.81, which beat the Zacks Consensus Estimate of $1.71 by 5.9%. The bottom line improved 20.7% year over year.GAAP EPS in the quarter was $1.92, up 27.2% from the year-ago quarter’s level.Revenue DetailsThis Zacks Rank #3 (Hold) company reported revenues of $2.25 billion, up 19.2% year over year reportedly and up 20% at constant currency (cc). A higher number of installed systems and growth in the da Vinci procedure ...
DOJ reportedly probes Disney-FuboTV deal over competition concerns
TechCrunch· 2025-04-23 17:39
In Brief The U.S. Department of Justice is probing Disney’s deal to take a controlling stake in FuboTV, Bloomberg reports. Fubo is a live TV streaming service known for its extensive sports coverage. Officials are examining whether the deal would create a concentration of power in the sports streaming market.In January, Disney announced that it was going to merge its Hulu + Live TV streaming service with Fubo, ultimately creating the second-largest digital pay-TV provider behind YouTube TV. Under the terms ...
Boeing hopes to find new buyers for up to 50 planes returned by China
The Guardian· 2025-04-23 17:30
Boeing will try to divert as many as 50 planes ordered by Chinese airlines to customers elsewhere after steep tariffs prompted by Donald Trump’s trade war.The US manufacturer said it was confident it could find other buyers for the planes, but said it was lobbying Trump personally to resolve an “unfortunate situation”.Two Boeing jets have returned to the US from China, with another on the way, after the imposition of steep 125% tariffs on American imports. China imposed the levies in retaliation to the Whit ...
ZBIO LAWSUIT ALERT: The Gross Law Firm Notifies Zenas BioPharma, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-04-23 17:26
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Zenas BioPharma, Inc. (NASDAQ: ZBIO). Shareholders who purchased shares of ZBIO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/zenas-biopharma-inc-loss-submission-form/?id=144444&from=3  CLASS PERIOD: T ...
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of NET Power, Inc.(NPWR) Shareholders
GlobeNewswire News Room· 2025-04-23 17:26
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of NET Power, Inc. (NYSE: NPWR). Shareholders who purchased shares of NPWR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/net-power-inc-loss-submission-form/?id=144445&from=3  CLASS PERIOD: June 9, 2023 to ...
Will Catastrophe Loss Weigh on Cincinnati Financial's Q1 Earnings?
ZACKS· 2025-04-23 17:25
Cincinnati Financial Corporation (CINF) is expected to register an improvement in its top line but a decline in its bottom line when it reports first-quarter 2025 results on April 28, after the closing bell.The Zacks Consensus Estimate for CINF’s first-quarter revenues is pegged at $2.7 billion, indicating 16.3% growth from the year-ago reported figure.The consensus estimate for the bottom line is pegged at a loss of 29 cents per share. The Zacks Consensus Estimate for CINF’s first-quarter earnings has move ...
Cerevel Therapeutics Holdings, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before June 3, 2025 to Discuss Your Rights – ABBV
GlobeNewswire News Room· 2025-04-23 17:25
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Cerevel Therapeutics Holdings, Inc. (NYSE: ABBV). Shareholders who purchased shares of ABBV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/cerevel-therapeutics-holdings-inc-loss-submission-form/?id=1444 ...
Alaska Air Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-04-23 17:24
Alaska Air Group, Inc. ALK will release earnings results for the first quarter, after the closing bell on Wednesday, April 23.Analysts expect the Seattle, Washington-based company to report quarterly loss at 77 cents per share, versus a year-ago loss of 92 cents per share. Alaska Air Group projects to report quarterly revenue at $3.16 billion, compared to $2.23 billion a year earlier, according to data from Benzinga Pro.On Jan. 22, Alaska Air reported better-than-expected fourth-quarter EPS and revenue resu ...
Solaris Energy Infrastructure, Inc. Class Action: The Gross Law Firm Reminds Solaris Energy Infrastructure, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 27, 2025 – SEI
GlobeNewswire News Room· 2025-04-23 17:24
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Solaris Energy Infrastructure, Inc. (NYSE: SEI). Shareholders who purchased shares of SEI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/solaris-energy-infrastructure-inc-loss-submission-form/?id=144442 ...