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Ardent Health Inc (NYSE: ARDT) Downgraded by KeyBanc Following Earnings Miss
Financial Modeling Prep· 2025-11-17 15:06
Ardent Health Inc (NYSE: ARDT) is a healthcare company that operates hospitals and healthcare facilities across the United States. It provides a range of services, including inpatient and outpatient care, emergency services, and specialty care. Ardent Health competes with other healthcare providers like HCA Healthcare and Tenet Healthcare. Recently, KeyBanc downgraded ARDT from an Overweight rating to a Sector Weight rating, with the stock priced at $9.01 at the time.The downgrade follows Ardent Health's di ...
Marathon Petroleum: Buybacks Outweigh Q3 Noise
Seeking Alpha· 2025-11-04 16:23
Core Viewpoint - Marathon Petroleum's shares have increased by 35% over the past year due to an improved refining environment, but experienced a 6% drop in early trading following an unexpected earnings miss attributed to weak capture [1] Company Performance - The company reported a surprising earnings miss, which led to a 6% decline in share price during early trading [1] - Over the past year, shares of Marathon Petroleum have performed strongly, gaining 35% [1] Market Environment - The refining environment has improved considerably, contributing to the strong performance of Marathon Petroleum's shares [1]
Heron Therapeutics GAAP EPS of -$0.10 misses by $0.09, revenue of $38.2M misses by $0.83M (NASDAQ:HRTX)
Seeking Alpha· 2025-11-04 13:05
Group 1 - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]
Caesars Stock Drops On Q3 Earnings Miss: Details
Benzinga· 2025-10-28 20:53
Caesars Entertainment, Inc. (NASDAQ:CZR) shares traded lower in Tuesday’s extended session after the casino operator missed earnings and revenue estimates in the third quarter. Here's a look at the key figures from the quarter. CZR stock is down. See the real-time price action here.The Details: Caesars Entertainment reported quarterly losses of 27 cents per share. It missed the analyst estimate for earnings of one cent.Quarterly revenue came in at $2.86 billion, missing the Street estimate of $2.89 billion ...
SLM Corporation (Sallie Mae) Overview and Analyst Insights
Financial Modeling Prep· 2025-10-23 00:00
Core Viewpoint - SLM Corporation, known as Sallie Mae, is a significant player in the private education loan sector in the U.S., focusing on originating and servicing private education loans for students seeking financial aid for higher education [1] Price Target and Analyst Sentiment - The consensus target price for SLM has remained stable at $37.50 over the last month and quarter, indicating a steady outlook from analysts [2][6] - Barclays has set a more conservative price target of $35, reflecting a cautious stance on SLM's future performance [2][6] - Over the past year, the average price target for SLM has increased from $33.67 to $37.50, suggesting a positive shift in analyst sentiment, potentially due to improved financial performance or strategic initiatives [3] Financial Performance - SLM's recent earnings report for Q2 2025 showed earnings per share at $0.32, which was significantly below the Zacks Consensus Estimate of $0.49, highlighting potential challenges ahead [3][6] - Increased credit loss provisions and expenses may have contributed to the cautious price target set by Barclays [5] Market Demand Influences - The demand for education loans is a critical factor influencing SLM's stock price, with the early opening of the Free Application for Federal Student Aid (FAFSA) for the 2026–27 academic year potentially impacting private education loan demand [4]
Netflix Stock Drops After Earnings Miss. Company Blames Brazil Tax Dispute.
Barrons· 2025-10-22 08:45
Netflix reports third-quarter adjusted earnings of $5.87 a share, missing Wall Street estimates of $6.96 a share. ...
Mattel Stock Drops After Q3 Earnings: Here's Why
Benzinga· 2025-10-21 20:42
Mattel, Inc. (NASDAQ:MAT) shares fell after the company missed earnings and revenue estimates in its third-quarter financial report after Tuesday's closing bell. Here's a look at the key figures from the quarter. MAT stock is down. See the real-time price action here.The Details: Mattel reported adjusted earnings of 89 cents per share, which missed the $1.07 analyst estimate.Quarterly revenue came in at $1.73 billion, which missed the Street estimate of $1.83 billion for the quarter.Read Next: Beyond Meat, ...
AZZ shares fall 12% after Q2 earnings miss expectations despite strong profit growth
Invezz· 2025-10-09 14:21
Core Viewpoint - AZZ Inc. experienced a decline in share prices following the announcement of fiscal second-quarter results that fell short of expectations, primarily due to weak demand in several key end markets [1] Group 1: Financial Performance - The company reported lower-than-expected sales for the fiscal second quarter, indicating challenges in meeting market demand [1] - The decline in sales was attributed to weak demand across multiple key end markets, which negatively impacted overall performance [1] Group 2: Market Reaction - Following the earnings report, AZZ Inc.'s stock price fell, reflecting investor concerns regarding the company's performance and market conditions [1]
CarMax Stock Hits 52-Week Low After Q2 Earnings - Here's Why - CarMax (NYSE:KMX)
Benzinga· 2025-09-25 12:57
Core Insights - CarMax Inc reported weaker-than-expected second-quarter results, with earnings per share of 64 cents, missing the analyst consensus estimate of $1.09 [1] - Quarterly sales totaled $6.594 billion, down 6% year over year, and also missed the expected $7.024 billion [1] Financial Performance - CarMax Auto Finance (CAF) reported income of $102.6 million, a decline of 11.2%, due to higher loan loss provisions despite gains in net interest margins [2] - Total gross profit was $717.7 million, down 5.6% compared to the previous year's second quarter [5] - Quarterly SG&A expenses decreased by 1.6% to $601.1 million compared to the prior-year quarter [6] Sales and Unit Performance - Combined retail and wholesale used vehicle unit sales fell 4.1% to 338,031 [2] - Retail used vehicle unit sales declined 5.4% to 199,729, with comparable store used unit sales down 6.3% [3] - Wholesale vehicle unit sales slipped 2.2% to 138,302, with wholesale revenues edging down 0.4% [3] Margins and Other Metrics - Unit margins remained solid, with gross profit of $2,216 per retail used unit and $993 per wholesale unit [5] - Extended Protection Plans generated a margin of $576 per retail unit, roughly matching last year's second quarter [5] Strategic Developments - The company opened three new store locations and a stand-alone reconditioning/auction center in Virginia [5][6] - CarMax aims to achieve at least $150 million in incremental SG&A reductions over the next 18 months [6] Cash Flow and Stock Performance - CarMax exited the quarter with cash and equivalents worth $1.16 billion and generated $1.085 billion in operating cash flow for the six months ended August 31 [7] - The stock price fell 12.04% to $50.18 during premarket trading, breaching its 52-week low of $54.53 [7]
Lennar Stock Down on Q3 Earnings Miss, New Home Orders Rise Y/Y
ZACKS· 2025-09-19 15:51
Core Insights - Lennar Corporation reported disappointing results for Q3 fiscal 2025, with adjusted earnings and total revenues falling short of the Zacks Consensus Estimate, and both metrics declining year-over-year [1][5] Financial Performance - Adjusted EPS was $2.00, missing the consensus estimate of $2.12 by 5.6%, down from $3.90 in the same quarter last year [5] - Total revenues were $8.81 billion, missing the consensus mark of $9.04 billion by 2.5%, and down 6.4% from $9.42 billion year-over-year [5] - Homebuilding segment revenues totaled $8.25 billion, an 8.8% decline from the prior-year quarter, with home sales contributing $8.21 billion, down 8.9% [6] - Home deliveries increased by 0.3% to 21,584 units, but missed projections of 22,730 units [7] - The average sales price (ASP) of homes delivered was $383,000, down 9.2% year-over-year [7] Market Conditions - The housing market faced challenges due to affordability issues and declining consumer confidence, impacting revenue growth [2] - Interest rates remained high for most of the quarter but decreased towards the end, potentially allowing the market to adjust [4] Operational Insights - New orders increased by 12% year-over-year to 23,004 homes, but the potential value of net orders fell to $8.44 billion from $8.56 billion [7][8] - The backlog at the end of Q3 was 16,953 homes, slightly up from 16,944 homes a year ago, but potential housing revenues from backlog decreased to $6.65 billion from $7.75 billion [8] Cost Structure - Gross margin on home sales was 17.5%, down 500 basis points year-over-year, and below the projected 18.2% [8] - SG&A expenses as a percentage of home sales increased to 8.2%, reflecting less leverage due to lower revenues [9] Segment Performance - Financial Services segment revenues grew 15% year-over-year to $314.2 million, with operating earnings increasing to $177.9 million [10] - Lennar Multi-Family segment revenues surged 144.5% to $228.5 million, but reported an operating loss of $16.5 million [10] - Other segment revenues totaled $13.9 million, up from $3.6 million a year ago, with operating earnings of $62.5 million [11] Financial Position - At the end of Q3, Lennar had cash and cash equivalents of $1.41 billion, down from $4.66 billion a year ago, with total homebuilding debt increasing to $3.52 billion [12] - The company repurchased 14 million shares for $1.73 billion during the first nine months of fiscal 2025 [13] Future Guidance - For Q4 fiscal 2025, Lennar expects deliveries between 22,000-23,000 homes, with an ASP range of $380,000-$390,000 [14] - Gross margin on home sales is anticipated to be about 17.5%, with SG&A expenses projected to be in the range of 7.8-8.0% [15]