Core Insights - CarGurus reported Q3 CY2025 revenue of $238.7 million, exceeding Wall Street expectations by 3.2% year on year and beating analyst estimates by 1.6% [1][6] - The company provided optimistic guidance for Q4 CY2025, projecting revenue of $238.5 million, which is 0.6% above analysts' estimates [1][6] - Non-GAAP profit for Q3 was $0.57 per share, surpassing consensus estimates by 3.7% [1][6] Company Overview - CarGurus operates as a digital marketplace connecting auto dealers with potential customers, facilitating browsing, purchasing, and financing of vehicles [4] Revenue Growth - Despite a recent quarter of growth, CarGurus has faced challenges over the past three years, with an annual sales decline of 18.4% [5] - The company reported an adjusted EBITDA of $78.67 million, significantly beating analyst expectations [6] Financial Metrics - Operating margin improved to 22.9%, up from 11.9% in the same quarter last year [6] - Free cash flow margin decreased to 26.8% from 27.9% in the previous quarter [6] - The number of paying dealers increased to 33,673, reflecting a year-on-year growth of 1,989 [6] - Market capitalization stands at $3.38 billion [6] Future Outlook - Analysts project a revenue growth of 3.9% over the next 12 months, indicating expectations for improved performance from newer products and services, although this growth rate is still below the sector average [7]

What Happened? Shares of pharmaceutical company Collegium Pharmaceutical (NASDAQ:COLL) jumped 11.6% in the morning session after the company reported strong third-quarter 2025 financial results, beating analyst expectations and raising its full-year guidance. The pharmaceutical company announced net revenue of $209.4 million, a 31.4% jump year on year that exceeded Wall Street forecasts. The strong performance was driven by its portfolio of pain management medications. Following these results, Collegium ...

What Happened? Shares of HR and payroll software provider Paylocity (NASDAQ:PCTY) fell 5.7% in the morning session after it reported first-quarter fiscal 2026 results that showed a significant miss on earnings per share. Although the company's revenue increased by 12% year-over-year to $408 million, its earnings per share of $0.86 fell drastically short of the $1.57 that was forecast. This represented a miss of over 45%, signaling a sharp decline in profitability to investors. The disappointing results p ...

Core Insights - Warby Parker's shares fell 13.7% after reporting third-quarter results that missed revenue expectations and lowered its full-year sales forecast [1][2] Financial Performance - The company reported revenue of $221.7 million, a 15.2% year-over-year increase, but this was below analysts' estimates of $224.3 million [2] - Earnings per share were $0.05, meeting expectations, but the sales miss overshadowed this positive aspect [2] - Warby Parker reduced its full-year revenue guidance to a midpoint of $872.5 million, which is below prior forecasts and analysts' projections [2] Market Reaction - The stock has shown significant volatility, with 26 moves greater than 5% over the last year, indicating that the recent news has notably impacted market perception [4] - The stock is down 31.4% year-to-date and is trading 39.1% below its 52-week high of $28.56 [6] - Investors who purchased $1,000 worth of shares at the IPO in September 2021 would now see their investment valued at $319.31 [6]

Core Insights - Encore Capital Group's shares surged 13.1% following the release of third-quarter 2025 results that exceeded Wall Street expectations significantly [1][2] Financial Performance - The company reported revenue of $460.4 million, reflecting a year-on-year increase of 25.4%, surpassing analyst forecasts by nearly 12% [2] - Earnings per share (EPS) reached $3.17, which is 60.1% higher than the consensus estimate of $1.98 [2] - The pre-tax profit margin for the quarter was 21.7%, an increase of 10.6 percentage points compared to the same period last year, indicating improved operational efficiency [2] Market Reaction - Encore Capital Group's shares have shown volatility, with 17 moves greater than 5% in the past year, suggesting that the recent news has significantly influenced market perception [4] - The stock had previously dropped 6.2% due to negative sentiment in the financial sector, particularly after Zions Bancorp disclosed a significant loan loss [4][5] Stock Performance - Since the beginning of the year, Encore Capital Group's stock is up 3.1%, trading at $48.46 per share, close to its 52-week high of $51.25 [6] - An investment of $1,000 in Encore Capital Group's shares five years ago would now be valued at $1,546 [6]

What Happened? Shares of private prison operator CoreCivic (NYSE:CXW) fell 12.2% in the morning session after the company reported third-quarter results that missed profit expectations and lowered its full-year earnings guidance. While revenue grew a strong 18.1% year-over-year to $580.4 million and beat Wall Street's expectations, this was overshadowed by weakness in profitability. The company's adjusted earnings of $0.24 per share fell short of analysts' estimates of $0.26. More significantly, manageme ...

Core Insights - PTC's shares fell 7.5% following a weak revenue forecast for the upcoming quarter, overshadowing strong third-quarter results [1][2] Financial Performance - For Q3, PTC reported revenue of $893.8 million, a 42.7% year-over-year increase, exceeding Wall Street expectations [2] - Adjusted earnings per share for Q3 were $3.47, significantly beating analyst estimates [2] - The company projected Q4 revenue to be around $630 million, below analysts' consensus estimates, indicating potential demand slowdown [2] Market Reaction - PTC's stock is not very volatile, with only 6 moves greater than 5% in the past year, suggesting the market views this news as significant [4] - The stock is down 5.1% year-to-date and is trading 19.8% below its 52-week high of $216.53 from August 2025 [6]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

What Happened? Shares of water management manufacturer Watts Water (NYSE:WTS) fell 5.3% in the morning session after the company reported underwhelming earnings. The water management products manufacturer posted revenue of $611.7 million, up 12.5% from the prior year, and adjusted earnings of $2.50 per share, both surpassing analyst expectations. However, the strong results were likely overshadowed by a soft outlook. Analyst forecasts point to a significant slowdown, with expected revenue and earnings gro ...

What Happened? Shares of restaurant company Bloomin’ Brands (NASDAQ:BLMN) fell 7.4% in the morning session after the company reported mixed third-quarter results that showed a significant decline in profitability, outweighing beats on headline revenue and earnings. The restaurant operator surpassed Wall Street's expectations for revenue and adjusted earnings per share (EPS) and also raised its full-year profit guidance. However, investors looked past the headline figures to focus on deteriorating underly ...