Eaton Shares Decline 3% After In-Line Q4 Results And Softer Outlook
Financial Modeling Prep· 2026-02-03 20:54
Core Viewpoint - Eaton Corporation's shares declined over 3% intraday following the release of fourth-quarter results that met expectations but provided a weaker outlook for early 2026 [1] Group 1: Financial Performance - Adjusted earnings per share for the fourth quarter were $3.33, slightly above the consensus estimate of $3.32 [1] - Revenue reached a record $7.1 billion for the quarter, aligning with analyst expectations [1] - Sales increased by 13% year over year, driven by 9% organic growth, a 2% contribution from acquisitions, and a 2% benefit from foreign exchange [2] - Segment margins achieved a record of 24.9%, improving by 20 basis points from the previous year [2] - Operating cash flow totaled $2.0 billion, while free cash flow reached $1.6 billion, representing increases of 23% and 17% year over year, respectively [2] Group 2: Full-Year and Future Outlook - For the full year 2025, Eaton reported record revenue of $27.4 billion, a 10% increase year over year, with 8% organic growth and 2% from acquisitions [3] - Adjusted earnings per share for the full year rose to a record $12.07 [3] - Looking ahead, Eaton forecasts first-quarter 2026 adjusted EPS between $2.65 and $2.85, which is below the consensus estimate of $3.01 [3] - The company anticipates organic growth of 5% to 7% and segment margins of 22.2% to 22.6% for the upcoming quarter [3]
Exclusive: KKR prepares OPI owner Wella Company for US IPO, sources say
Reuters· 2026-02-03 20:54
Investment firm KKR is preparing OPI nail polish owner Wella Company for an initial public offering in the U.S. as soon as this year that could value the global beauty company at meaningfully more tha... ...
Capri Holdings Shares Slide Despite Q3 Earnings And Revenue Beat
Financial Modeling Prep· 2026-02-03 20:51
Core Viewpoint - Capri Holdings Limited reported third-quarter results that exceeded analyst expectations for both earnings and revenue, despite ongoing sales pressure across its portfolio [1] Financial Performance - For the quarter ended December 27, 2025, Capri posted adjusted earnings per share of $0.81, surpassing the consensus estimate of $0.77 [2] - Revenue totaled $1.025 billion, exceeding analyst forecasts of $1.00 billion, although sales declined 4.0% year over year, or 5.9% on a constant-currency basis [2] - The company significantly reduced its net debt position to $80 million at quarter-end, down from $1.17 billion a year earlier, due to proceeds from the sale of its Versace brand [2] Brand Performance - By brand, Michael Kors revenue declined 5.6% to $858 million, while Jimmy Choo posted revenue growth of 5.0% to $167 million [3] - Gross margin fell to 60.8% from 63.1% in the prior-year quarter, primarily due to higher-than-expected tariff costs [3] Future Guidance - Capri guided fiscal 2026 revenue of $3.45 billion to $3.475 billion, modestly below the $3.53 billion consensus estimate [3] - The company projected diluted earnings per share of approximately $1.30 to $1.40 for the full year [3]
Shopify gears up for strong 2025 finish as analysts eye margins and AI strategy
Proactiveinvestors NA· 2026-02-03 20:49
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Securities Fraud Investigation Into Apollo Global Management, Inc. (APO) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2026-02-03 20:48
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Apollo Global Management, Inc. ("Apollo†or the "Company†) (NYSE: APO) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON APOLLO GLOBAL MANAGEMENT, INC. (APO), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 1, 2026, the Financial Times reporte. ...
Ball Q4 Review: Great End To The Year, But It Is A Bit Expensive Now
Seeking Alpha· 2026-02-03 20:47
MSc 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 Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and i ...
PropStream Working With Tuesday App to Introduce a New, Smarter Way for Agents to Discover and Act on MLS Listings
Businesswire· 2026-02-03 20:46
LAKE FOREST, Calif.--(BUSINESS WIRE)-- #BrianTepfer--PropStream is proud to be featured as a new advertising partner on the Tuesday app, introducing agents to a new way to discover MLS listings in 2026. ...
Nvidia-backed UK AI firm Nscale hires banks for IPO, sources say
Reuters· 2026-02-03 20:46
Core Viewpoint - Nvidia-backed British artificial intelligence group Nscale Global Holdings is preparing for an initial public offering (IPO) with the assistance of Goldman Sachs and JPMorgan [1] Company Summary - Nscale Global Holdings is an artificial intelligence company based in the UK, supported by Nvidia [1] - The company has engaged two major investment banks, Goldman Sachs and JPMorgan, to facilitate its IPO process [1]
PepsiCo to slash prices on popular snacks after consumer backlash
Fox Business· 2026-02-03 20:45
PepsiCo said it will cut prices on its core brands by up to nearly 15% as soon as this week to address consumer backlash over recent price hikes. The snacks that will see prices lowered include products under its Lay’s, Doritos, Cheetos and Tostitos brands. It comes after the company received an influx of messages from upset consumers over the past year.Food prices have remained elevated even as broader inflation has cooled. POTATO CHIP BRAND UNVEILS BIGGEST REDESIGN IN NEARLY 100-YEAR HISTORYGrocery prices ...
Sable Offshore Under Federal And SEC Investigation—The Plot Thickens
Benzinga· 2026-02-03 20:45
Sable Offshore Corp. (NYSE:SOC) on Tuesday disclosed in a regulatory filing for a $250 million stock offering, that both the U.S. Securities and Exchange Commission (SEC) and federal prosecutors in New York have issued subpoenas for company documents.The core issues involve allegations that the company shared sensitive data with specific high-profile investors, including professional golfer Phil Mickelson, while keeping others in the dark. Benzinga reached out to Sable Offshore for comment, but did not rece ...