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Weak Asset Quality to Hurt Fifth Third's Q4 Earnings, Fee Income to Aid
ZACKS· 2025-01-15 17:01
Fifth Third Bancorp (FITB) is scheduled to report fourth-quarter 2024 results on Jan. 21 before the opening bell. Quarterly revenues are expected to have registered growth in the to-be-reported quarter, while earnings are likely to have declined on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the bank’s earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in loan balances and strong capital ratios. A d ...
Goldman Q4 Earnings & Revenues Beat as IB Business Rebounds, Stock Up
ZACKS· 2025-01-15 17:01
The Goldman Sachs Group, Inc.’s (GS)   fourth-quarter 2024  adjusted earnings per share of $11.95 surpassed the Zacks Consensus Estimate of $7.99. This compares favorably with $5.48 reported in the year-ago quarter.For 2024, adjusted earnings per share were $40.54 compared with $22.87 recorded in 2023.Shares of the company gained almost 2.2% in pre-market trading on better-than-expected results, driven by solid investment banking (IB) business performance.Find the latest earnings estimates and surprises on ...
Here's Why Investors Should Consider Buying ABM Stock Right Now
ZACKS· 2025-01-15 17:01
ABM (ABM) has performed well over the past year and has the potential to sustain its momentum in the near term.What Makes ABM an Attractive Pick?Outperformer: A glimpse at the company’s price trend reveals that the stock has had an impressive run over the past year. ABM Industries has gained 31%, outperforming the 14% rally of the industry it belongs to and the 25.4% rise of the Zacks S&P 500 composite.One Year Price Performance Image Source: Zacks Investment Research Solid Rank & VGM Score: ABM currently h ...
Royal Gold Q4 Stream Segment's Sales Decrease 13% Sequentially
ZACKS· 2025-01-15 17:01
Royal Gold, Inc. (RGLD) issued a stream segment sales update for fourth-quarter 2024. In the quarter, RGLD Gold AG — the fully-owned subsidiary of Royal Gold — sold 46,900 gold equivalent ounces (GEOs), comprising 36,600 ounces of gold, 478,900 ounces of silver and 1,300 tons of copper related to its streaming agreements.This marks a dip from 53,800 GEOs sold in the third quarter of 2024 and 49,900 GEOs sold in the fourth quarter of 2023.RGLD Metal Average Realized Prices Rise SequentiallyThe average realiz ...
Here's Why You Should Retain Robert Half Stock in Your Portfolio Now
ZACKS· 2025-01-15 17:01
Robert Half Inc.’s (RHI) wholly-owned subsidiary, Protiviti, has witnessed a consistent rise in revenues in the past quarters, boosting the company’s top line. RHI is popular among dividend-seeking investors. A strong liquidity position makes it appealing. Meanwhile, the company operates in a highly competitive environment, and declining EBITDA suggests weak operational performance.The stock has gained 5.6% in the past six months against the 8.2% decline of the industry it belongs to. It has also outperform ...
Eldorado Gold Reports Sequential Increase in Q4 Gold Production
ZACKS· 2025-01-15 17:01
Eldorado Gold Corporation (EGO) announced its preliminary gold production of 155,669 ounces for fourth-quarter 2024, up 24.3% from the third quarter of 2024. The upside was driven by solid performances at EGO’s Lamaque Complex and Kisladag. The Efemcukuru mine’s production  met expectations. Eldorado Gold’s Mine PerformanceLamaque Complex’s fourth-quarter gold production increased 47.6% from the third quarter of 2024 to a record 63,742 ounces. The upside was driven by higher ore grade and mill throughput. E ...
Wells Fargo Stock Gains as Q4 Earnings Beat on Higher Fee Income
ZACKS· 2025-01-15 17:01
Shares of Wells Fargo & Company (WFC) jumped 4.6% in the pre-market trading session today as the company reported its fourth-quarter 2024 adjusted earnings per share of $1.42, which surpassed the Zacks Consensus Estimate of $1.34. In the prior-year quarter, the company reported earnings per share of $1.29.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.Results have benefited from higher non-interest income. An improvement in capital ratios, a decline in provisions and non-int ...
Eli Lilly Cuts Q4 Sales Forecast: ETFs to Buy on the Dip
ZACKS· 2025-01-15 17:01
Eli Lilly and Company (LLY) dropped 6.6% in the Jan. 14 trading session after slashing its revenue guidance for the fourth quarter and fiscal 2024, citing lower-than-expected sales for its weight-loss medicine Zepbound and diabetes treatment Mounjaro. However, the drugmaker offered solid guidance for 2025, underscoring the strong growth prospects.Investors seeking to buy the dip could bet on ETFs having the largest exposure to the drugmaker. These include iShares U.S. Pharmaceuticals ETF (IHE) , Roundhill G ...
Century Complete Set to Launch New Homes in Memphis, IN
Prnewswire· 2025-01-15 17:01
Champions Run will offer single-family homes from the national leader in online homebuyingMEMPHIS, Ind., Jan. 15, 2025 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)— a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced that its Century Complete brand will open soon at Champions Run, the company's first community in Memphis, Indiana. Gardner Floor Plan | New Homes in Memph ...
Revance Therapeutics, Inc. (RVNC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-01-15 17:00
BENSALEM, Pa., Jan. 15, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Revance Therapeutics, Inc. ("Revance" or the "Company") (NASDAQ: RVNC).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN REVANCE THERAPEUTICS, INC. (RVNC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE MARCH 4, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the ...