IDEXX Shares Fall Despite Q4 Revenue Beat
Financial Modeling Prep· 2026-02-02 21:07
Core Insights - IDEXX Laboratories reported strong fourth-quarter revenue growth driven by its companion animal diagnostics business, but shares fell more than 4% intraday as earnings narrowly missed expectations and guidance came in largely in line [1] Group 1: Financial Performance - Revenue increased 14% year over year to $1.09 billion, topping analyst estimates of $1.07 billion [1] - Adjusted earnings per share totaled $2.92, slightly below the consensus estimate of $2.93 [1] - Operating margin expanded 150 basis points year over year to 28.9%, while adjusted operating margin improved by 120 basis points [2] Group 2: Business Segments - The Companion Animal Group segment posted revenue growth of 15% to $998.5 million, with international markets expanding 17% [2] - Growth was driven by a 12% increase in CAG Diagnostics recurring revenue, which reached $849.7 million [2] - IDEXX's Water business also delivered solid performance, with revenue rising 12% to $50.5 million [3] Group 3: Future Projections - For 2026, IDEXX projected revenue of $4.63 billion to $4.72 billion and earnings per share of $14.29 to $14.80, largely in line with expectations [3] - Organic revenue growth is expected to range from 7% to 9%, with operating margin expansion of 40 to 90 basis points [3]
American Express (NYSE:AXP) Sees Price Target Set by Truist Financial and Gains Prominence in Berkshire Hathaway's Portfolio
Financial Modeling Prep· 2026-02-02 21:07
Group 1 - American Express (AXP) is a global financial services company known for its credit card, charge card, and travel-related services, competing with Visa and Mastercard [1] - Truist Financial has set a price target of $400 for AXP, indicating a potential increase of 13.49% from its current trading price of $352.46 [1][5] - AXP's stock has shown a significant gain of 106% over the past two and a half years, compared to Apple's 35% increase, narrowing the gap between the two holdings in Berkshire Hathaway's portfolio [2][5] Group 2 - Warren Buffett first invested in American Express in 1964, and despite not making additional purchases since the 1990s, AXP has performed strongly with a current market capitalization of approximately $242.33 billion [3][5] - As of now, AXP's stock price is $351.79, reflecting a slight decrease of 0.11% or $0.39, with a trading volume of 756,673 shares indicating active investor interest [4]
Hess Midstream Shares Dip After Q4 Revenue Miss Despite In-Line Earnings
Financial Modeling Prep· 2026-02-02 21:06
Financial Performance - Hess Midstream LP reported fourth-quarter 2025 earnings per share of $0.72, meeting analyst expectations, while revenue was $404.2 million, falling short of the forecast of $417.05 million [1] - The net income for the quarter totaled $168.0 million, with $93.3 million attributable to Hess Midstream LP [2] - Adjusted EBITDA reached $309.1 million, and adjusted free cash flow totaled $207.8 million, indicating resilient financial performance despite lower throughput volumes [2] Operational Metrics - Throughput volumes declined year over year across all segments: oil terminaling volumes decreased by 4%, gas processing by 1%, and water gathering by 5% [3] - The declines in throughput were primarily attributed to reduced production caused by severe winter weather [3] - Capital expenditures for the quarter totaled $47.6 million, down 44% from the prior-year period, reflecting the completion of gas compression expansion projects [3]
Palantir beats fourth-quarter estimates on the strength of AI and defense demand
CNBC· 2026-02-02 21:06
Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools. Here's how the company did versus LSEG estimates:Earnings per share: 25 cents adjusted vs. 23 cents expectedRevenue: $1.41 billion vs. $1.33 billion expectedRevenue grew 70% from $827.5 million in the year-ago period. For the fiscal year, sales at the Denver-based firm totaled $4.48 billionU.S. revenue for the government and commercial sectors rose to $570 million ...
Exclusive: Apollo to invest in Canada's largest fitness club operator The GoodLife Group
Reuters· 2026-02-02 21:06
Investment firm Apollo is acquiring a minority stake in Canada's largest fitness club operator The GoodLife Group, according to a statement viewed by Reuters. ...
Aptiv Shares Rise 2% as Q4 Results Beat Expectations Despite Slowing Growth
Financial Modeling Prep· 2026-02-02 21:05
Core Insights - Aptiv PLC reported fourth-quarter results that exceeded analyst expectations, with adjusted earnings per share of $1.86, slightly above the consensus estimate of $1.84 [1] - Revenue for the quarter reached $5.2 billion, surpassing expectations of $5.09 billion and reflecting a 5% year-over-year increase, although organic growth moderated to 3% after adjusting for currency and commodity impacts [1] Regional Performance - Regional performance showed mixed results, with North America growing by 8% and South America by 12%, while Europe and Asia both experienced a decline of 1% [2] - The adjusted operating margin contracted to 11.8% from 12.7% a year earlier, primarily due to $66 million in higher commodity costs and foreign exchange impacts [2] Full-Year and Future Outlook - For the full year 2025, Aptiv reported revenue of $20.4 billion, an increase of 3% year over year, or 2% on an adjusted basis [3] - The company announced plans to spin off its Electrical Distribution Systems business under the name Versigent [3] - Looking ahead, Aptiv forecasts fiscal 2026 revenue between $21.12 billion and $21.82 billion, with adjusted earnings per share projected between $8.15 and $8.75, broadly in line with analyst expectations [3]
Organto Foods to Attend Fruit Logistica 2026 in Berlin, Germany From February 4-6, 2026
Accessnewswire· 2026-02-02 21:05
Backed by a capital-efficient business model and strong category expertise in fresh organic and fairtrade fruit and vegetable products, Organto is well positioned to capitalize on accelerating demand in these categories. The global organic food and beverage market is projected to reach around US $1 trillion by 2034, growing at a compound annual growth rate of 13.7% from 2025 to 2034, driven by increasing consumer awareness, retailer sustainability commitments, and regulatory support for traceable food syste ...
MGIC Investment Corporation Reports Fourth Quarter 2025 Results
Prnewswire· 2026-02-02 21:05
Full Year 2025 Adjusted Net Operating Income (Non-GAAP) of $738.4 million or $3.14 per Diluted Share Fourth Quarter 2025 Net Income of $169.3 million or $0.75 per Diluted Share MILWAUKEE, Feb. 2, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2025. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "We closed 2025 on a strong note, once again delivering solid financial results and ending the ...
Janus International Group Successfully Completes Term Loan Repricing
Businesswire· 2026-02-02 21:05
"Company†), a leading provider of building product solutions and cutting-edge access control technologies for the self-storage and other commercial and industrial sectors, today announced a repricing of its first lien term loan. The repricing, which was privately placed with institutional lenders in the syndicated loan market, reduces the applicable interest rate on the $551 million first lien term loan by. TEMPLE, Ga.--(BUSINESS WIRE)--Janus International Group, Inc. (NYSE: JBI) ("Janus†or the ...
DaVita Inc. 4th Quarter 2025 Results
Prnewswire· 2026-02-02 21:05
Financial and operating highlights for the quarter and year ended December 31, 2025: | Three months ended | Year ended December 31, | | | | | --- | --- | --- | --- | --- | | December 31, 2025 | September 30, 2025 | 2025 | 2024 | | | Net income attributable to DaVita | (dollars in millions, except per | | | | | Inc.: | share data) | | | | | Net income from continuing | $ 209 | $ | $ | $ | | operations | | 150 | 722 | 936 | | Diluted per share from continuing | $ 2.94 | $ | $ | $ | | operations | | 2.04 | 9.5 ...