Spotify (SPOT) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-06-24 22:46
In the latest close session, Spotify (SPOT) was up +2.57% at $749.91. The stock outpaced the S&P 500's daily gain of 1.11%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 1.43%. The stock of music-streaming service operator has risen by 11.83% in the past month, leading the Computer and Technology sector's gain of 5.67% and the S&P 500's gain of 3.92%.The upcoming earnings release of Spotify will be of great interest to investors. It is anticipated that the company wi ...
Target Testing Factory-Direct Shipping of Low-Cost Products
PYMNTS.com· 2025-06-24 22:44
Target is reportedly testing a service that would ship products directly from factories to customers’ homes.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The service would focus on low-cost products like apparel, ...
Hims & Hers Health, Inc. Shareholders Who Lost Money on Their Investment are Encouraged to Contact Johnson Fistel about the Class Action Investigation
GlobeNewswire News Room· 2025-06-24 22:44
SAN DIEGO, June 24, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP announces that it is investigating potential claims on behalf of investors of Hims & Hers Health, Inc. (NYSE: HIMS) regarding possible violations of federal securities laws. Investors who purchased Hims & Hers securities may be eligible to recover losses stemming from alleged misrepresentations and omissions made by the company and its executives. What if I purchased Hims & Hers securities? If you incurred significant losses and want to deter ...
FedEx (FDX) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-06-24 22:25
分组1 - FedEx reported quarterly earnings of $6.07 per share, exceeding the Zacks Consensus Estimate of $5.93 per share, and up from $5.41 per share a year ago, representing an earnings surprise of +2.36% [1] - The company posted revenues of $22.22 billion for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 2.24%, compared to year-ago revenues of $22.11 billion [2] - FedEx has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates two times as well [2] 分组2 - The stock has underperformed the market, losing about 18.5% since the beginning of the year, while the S&P 500 has gained 2.4% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the coming quarter is $4.05 on revenues of $21.63 billion, and $19.60 on revenues of $89.41 billion for the current fiscal year [7] 分组3 - The Zacks Industry Rank indicates that the Transportation - Air Freight and Cargo sector is currently in the top 40% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for FedEx was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]
Worthington Enterprises (WOR) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-06-24 22:21
Worthington Enterprises (WOR) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +39.47%. A quarter ago, it was expected that this metal manufacturer would post earnings of $0.73 per share when it actually produced earnings of $0.91, delivering a surprise of +24.66%.Over the last four qu ...
Group 1 Automotive, Penske Automotive: Management Meetings Reveal Industry Trends
Benzinga· 2025-06-24 22:18
Meetings with the top management of Group 1 Automotive Inc GPI and Penske Automotive Group Inc PAG highlighted industry trends in tariff responses by OEMs (original equipment manufacturers), new and used vehicle sales, as well as P&S (parts and service) trends, according to JPMorgan.The Automotive Analyst: Analyst Rajat Gupta reiterated an Overweight rating and price target of $435 for Group 1 Automotive, while maintaining an Underweight rating and price target of $160 for Penske Automotive.The Automotive T ...
AeroVironment (AVAV) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-06-24 22:16
Company Performance - AeroVironment reported quarterly earnings of $1.61 per share, exceeding the Zacks Consensus Estimate of $1.44 per share, and significantly up from $0.43 per share a year ago, representing an earnings surprise of +11.81% [1] - The company posted revenues of $275.05 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 12.88%, compared to $196.98 million in the same quarter last year [2] - Over the last four quarters, AeroVironment has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - AeroVironment shares have increased approximately 24.3% since the beginning of the year, outperforming the S&P 500's gain of 2.4% [3] - The current consensus EPS estimate for the upcoming quarter is $1.41 on revenues of $285.78 million, and for the current fiscal year, it is $4.13 on revenues of $995.41 million [7] Industry Outlook - The Aerospace - Defense Equipment industry, to which AeroVironment belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can materially impact stock performance [5][8]
AAPL Investors Have Opportunity to Lead Apple Inc. Securities Fraud Lawsuit
Prnewswire· 2025-06-24 22:15
Group 1 - A class action lawsuit has been filed against Apple Inc. for alleged misleading statements regarding the integration of advanced AI-based Siri features into its devices during the Class Period from June 10, 2024, to June 9, 2025 [1][5] - The lawsuit claims that Apple overstated its business and financial prospects by failing to disclose that the advanced features would likely not be available for the iPhone 16, which could negatively impact sales [5] - Investors who purchased Apple securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][3] Group 2 - The Rosen Law Firm, which specializes in securities class actions, encourages investors to select qualified counsel with a proven track record, highlighting its own success in recovering hundreds of millions for investors [4] - The firm has been recognized for its achievements, including the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4] - Investors can join the class action by submitting a form or contacting the firm directly for more information [3][6]
First Horizon Recognized by Crisil Coalition Greenwich with 19 Small Business and Middle Market Banking Awards
Prnewswire· 2025-06-24 22:14
MEMPHIS, Tenn., June 24, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) was recognized as a Crisil Coalition Greenwich Best Bank with 19 prestigious regional and national banking awards. The 2025 Crisil Coalition Greenwich award winners are recognized for their high levels of client service, an innovative approach to banking and overall business performance. Coalition Greenwich Awards 2025 Best Bank "We're very proud to be recognized as a leader in Small Business and Middle Market Banking," ...
STAG Industrial: A Good Play On Reshoring
Seeking Alpha· 2025-06-24 22:06
Over two years ago, in March 2023, I decided to dig into STAG Industrial, Inc. (NYSE: STAG ), a REIT that focuses on owning and leasing out industrial properties. Given the trends that are going on there, especially whenCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses ...