Newmont Corporation (NEM) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-01-23 00:05
Newmont Corporation (NEM) ended the recent trading session at $41.68, demonstrating a -1.58% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.61%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.28%.The gold and copper miner's shares have seen an increase of 10.55% over the last month, surpassing the Basic Materials sector's gain of 2.33% and the S&P 500's gain of 2.08%.Market participants will be closely following the financial results ...
Synchronoss (SNCR) Laps the Stock Market: Here's Why
ZACKS· 2025-01-23 00:05
The latest trading session saw Synchronoss (SNCR) ending at $9.41, denoting a +1.18% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.61%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.28%.Coming into today, shares of the mobile services company had gained 0.87% in the past month. In that same time, the Computer and Technology sector gained 1.24%, while the S&P 500 gained 2.08%.Investors will be eag ...
SkyWest (SKYW) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-01-23 00:05
In the latest market close, SkyWest (SKYW) reached $116.06, with a +1.1% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.61%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.28%.Prior to today's trading, shares of the regional airline had gained 11.1% over the past month. This has outpaced the Transportation sector's gain of 4.09% and the S&P 500's gain of 2.08% in that time.Investors will be eagerly watching for the perfo ...
Vertex Pharmaceuticals (VRTX) Advances But Underperforms Market: Key Facts
ZACKS· 2025-01-23 00:05
Vertex Pharmaceuticals (VRTX) closed at $428 in the latest trading session, marking a +0.03% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.61%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.28%.Shares of the drugmaker have appreciated by 4.83% over the course of the past month, outperforming the Medical sector's gain of 1.64% and the S&P 500's gain of 2.08%.Analysts and investors alike will be keeping a close eye on the performance of V ...
Earnings Picture Remains Strong: A Closer Look
ZACKS· 2025-01-23 00:05
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>Here are the key points:The picture emerging from the 2024 Q4 earnings season is one of strength and improving outlook, with the companies not only coming ahead of estimates but also providing reassuring guidance for the coming quarters. Total earnings for the 62 S&P 500 companies that have ...
CVB Financial (CVBF) Q4 Earnings Beat Estimates
ZACKS· 2025-01-23 00:05
CVB Financial (CVBF) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this bank holding company would post earnings of $0.35 per share when it actually produced earnings of $0.37, delivering a surprise of 5.71%.Over the last four quarters, the ...
Buy the Surge in Netflix Stock After Record Subscriber Growth?
ZACKS· 2025-01-23 00:01
Reporting strong Q4 results after market hours on Tuesday, Netflix (NFLX) stock soared +9% in today's trading session. Hitting a 52-week peak of $999 a share, NFLX had surged over 100 points before cooling off, with its previous closing price at $869.Serving as a further catalyst to its impressive top and bottom line figures, Netflix was able to crush Wall Street’s expectations for subscriber growth. Image Source: Zacks Investment Research Netflix’s Strong Q4 Results Netflix reported Q4 sales of $10.24 bil ...
Equity Bancshares (EQBK) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-01-23 00:01
Equity Bancshares (EQBK) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.57%. A quarter ago, it was expected that this bank holding company would post earnings of $0.99 per share when it actually produced earnings of $1.31, delivering a surprise of 32.32%.Over the last four quarter ...
Here's What Key Metrics Tell Us About Discover (DFS) Q4 Earnings
ZACKS· 2025-01-23 00:01
For the quarter ended December 2024, Discover (DFS) reported revenue of $4.76 billion, up 13.4% over the same period last year. EPS came in at $5.11, compared to $1.54 in the year-ago quarter.The reported revenue represents a surprise of +8.40% over the Zacks Consensus Estimate of $4.39 billion. With the consensus EPS estimate being $3.17, the EPS surprise was +61.20%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...
Compared to Estimates, SL Green (SLG) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-01-23 00:01
SL Green (SLG) reported $139.61 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 5.8%. EPS of $1.45 for the same period compares to -$2.45 a year ago.The reported revenue represents a surprise of -0.31% over the Zacks Consensus Estimate of $140.04 million. With the consensus EPS estimate being $1.53, the EPS surprise was -5.23%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...