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Baidu Posts Profit Beat As AI Cloud Growth Accelerates, But Shares Fall
Financial Modeling Prep· 2026-02-26 22:40
Core Insights - Baidu reported fourth-quarter results that met revenue expectations while exceeding earnings forecasts, although shares fell approximately 6% intra-day on Thursday [1] Financial Performance - The company posted adjusted earnings per American Depositary Share (ADS) of RMB10.62, surpassing the consensus estimate of RMB9.65 [2] - Quarterly revenue reached RMB32.7 billion ($4.68 billion), reflecting a 5% sequential increase and closely aligning with the consensus forecast of RMB32.64 billion [2] - Adjusted operating income for the quarter was RMB3.0 billion ($424 million), resulting in an adjusted operating margin of 9% [4] - Adjusted EBITDA amounted to RMB4.7 billion ($676 million), indicating a 14% adjusted EBITDA margin [4] AI Segment Performance - Revenue from AI Cloud Infrastructure hit RMB5.8 billion in the fourth quarter, with subscription-based revenue linked to AI accelerator infrastructure soaring 143% year over year [3] - AI Applications generated RMB2.7 billion in revenue during the quarter, with full-year 2025 revenue from this segment exceeding RMB10 billion [3]
Xponential Fitness, Inc. 2025 Q4 - Results - Earnings Call Presentation (NYSE:XPOF) 2026-02-26
Seeking Alpha· 2026-02-26 22:39
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Hormel Sees Limited Earnings Impact From Turkey Business Sale
Financial Modeling Prep· 2026-02-26 22:38
Core Viewpoint - Hormel is divesting its whole-bird turkey business, which is expected to reduce annual net sales by approximately $50 million, with minimal impact on net income [1] Group 1: Divestiture Details - The divestiture involves the sale of Hormel's whole-bird turkey business to Life-Science Innovations, with financial terms undisclosed [1] - The transaction is anticipated to close in the second quarter of Hormel's current fiscal year [1] - The divestiture aligns with Hormel's strategy to focus on protein offerings, while the Jennie-O ground turkey brand remains a strategic component of the portfolio [3] Group 2: Financial Performance - Hormel's company-wide net sales rose 1.3% to $3.03 billion, slightly below Wall Street expectations of $3.07 billion [5] - Adjusted earnings per share were $0.35, unchanged from the previous year and above Bloomberg consensus estimates of $0.32 [5] Group 3: Market Challenges - Hormel has faced pressure from rising raw material and logistics costs, affecting profitability in its core retail segment [4] - A bird flu outbreak disrupted poultry supply chains last year, and U.S. tariffs on Brazil contributed to higher beef prices [4] - In response to these cost pressures, Hormel, along with competitor Tyson Foods, implemented price increases on select products [4]
AI's impact on software stock prices is overdone, says Yardeni Research's Ed Yardeni
Youtube· 2026-02-26 22:38
Welcome back. A rough day for tech as you know. So when can we expect that trade to stabilize.Let's ask Edard Denny. He is president of Yard Denny Research with me once again at Post 9. Are you thinking a lot about that as you look at this tech trade wondering like what's actually happening here.>> Well uh December 7th we uh decided to rebalance uh our recommendation. We actually uh recommended underweighting uh the Magnificent 7. We thought that there was just going to be too much competition as a result o ...
J.M. Smucker Beats Quarterly Estimates, Raises 2026 Sales Outlook Despite Plant Fire Impact
Financial Modeling Prep· 2026-02-26 22:37
Core Insights - J.M. Smucker shares rose over 7% intra-day following third-quarter results that surpassed expectations, driven by increased net pricing in coffee and Uncrustables sandwiches [1] - The company reported third-quarter sales of $2.34 billion, reflecting a 7% year-over-year increase and exceeding analyst estimates of $2.32 billion. Adjusted earnings per share were $2.38, above forecasts of $2.27 [1] Future Outlook - J.M. Smucker projected fiscal 2026 net sales growth of 3.5% to 4.0%, slightly narrowing its previous outlook of 3.5% to 4.5% due to the impact of a fire at its Emporia, Kansas manufacturing facility in February. The company maintained its annual adjusted earnings per share guidance of $8.75 to $9.25 [2] Management Changes - J.M. Smucker appointed two executives with financial and food industry expertise as part of a cooperation agreement with activist investor Elliott Investment Management, following a settlement reached with Elliott [3]
Gold X2 Announces Closing of Second and Final Tranche of Private Placement for Gross Proceeds of Approximately $72,738,000
TMX Newsfile· 2026-02-26 22:37
All dollar amounts are in Canadian dollars ("$") unless otherwise indicatedVancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: DF8) ("Gold X2" or the "Company") is pleased to announce that it has closed the second and final tranche (the "Second Tranche") of its non-brokered private placement (the "Private Placement") as previously announced in the Company's news releases dated January 27, 2026 and February 19, 2026. Michael Henrichsen, C ...
Krispy Kreme Shares Surge 30% After Q4 Earnings and Revenue Beat
Financial Modeling Prep· 2026-02-26 22:36
Core Viewpoint - Krispy Kreme Inc. reported fourth-quarter results that exceeded Wall Street expectations for both earnings and revenue, leading to a significant increase in share price [1][2] Financial Performance - The company recorded net revenue of $392.4 million for the quarter, surpassing the analyst estimate of $386.7 million [1] - Adjusted earnings per share were $0.09, outperforming expectations of $0.03 [1] Market Sentiment - Management attributed the strong performance to robust consumer demand for its signature fresh doughnuts [2] - The company has a notable short interest, with approximately 12.8% of its free float sold short, indicating bearish positioning by investors [2] - The stronger-than-expected results provided momentum for the stock, which had previously faced pressure from short sellers [2]
Stellantis Posts Massive 2025 Loss Amid EV Strategy Reset and Writedowns
Financial Modeling Prep· 2026-02-26 22:35
Core Insights - Stellantis NV reported a significant net loss of €20.1 billion for the second half of 2025, primarily due to charges related to its electric vehicle strategy reset [1] - The company experienced an adjusted operating income of negative €1.38 billion during the same period, with net revenues increasing by 10% [1] Financial Performance - Total automotive adjusted EBIT showed a loss of €169 million, contrasting with consensus expectations of a €721 million profit [2] - For the full year 2025, Stellantis recorded a net loss of €22.3 billion, with an adjusted operating loss of €842 million, compared to an adjusted operating profit of €8.65 billion in 2024, resulting in an adjusted operating margin of negative 0.5% [4] Writedowns and Future Outlook - Stellantis booked €25.4 billion in writedowns during 2025, attributed to overestimating the pace of the energy transition and vehicle quality issues linked to previous cost-cutting measures [2] - The writedowns include approximately €6.5 billion in expected cash outflows over four years starting in 2026 [3] - The company reiterated its 2026 outlook, expecting mid-single-digit percentage growth in net revenues and a low-single-digit adjusted operating margin, with industrial free cash flow anticipated to turn positive in 2027 [3] Dividend Policy - Stellantis confirmed that it will not pay a dividend for the current year [3]
NuScale Stock Slips After Q4 Earnings Despite Narrowing Losses
Benzinga· 2026-02-26 22:35
NuScale Power Corp. (NYSE:SMR) shares slipped in Thursday's extended trading after the company released its fourth-quarter earnings report.  Here's a look at the details from the report   SMR stock is moving. Watch the price action here.The Details: NuScale Power reported quarterly losses of eight cents per share, which beat the consensus estimate for losses of 13 cents, according to Benzinga Pro data.  Quarterly revenue came in at $1.81 million.NuScale reported the following full-year figures: “For NuScale ...
ACM Research Q4: Profitability Deterioration Is Short Term, But How Short Term?
Seeking Alpha· 2026-02-26 22:35
ACM Research, Inc. ( ACMR ) just reported quite a disastrous end to the year if you look at how the company’s shares reacted. I don’t think such a drop was justified, but the profitability declines areMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst’s Disclosu ...