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Eps

All articles tagged with #eps

finance1 year ago

Rivian's Rollercoaster Ride: Earnings Beat Expectations, Stock Plunges, Analyst Calls, and Make or Break Year Ahead

Rivian Automotive's full year 2023 results show a 167% increase in revenue to US$4.43 billion and a narrowed net loss of US$5.43 billion, with an improved loss per share of US$5.74. While revenue beat expectations, earnings per share fell short. The company's shares are down 30% from a week ago, and a 33% annual revenue growth is forecasted for the next 3 years. However, there are 3 warning signs for Rivian Automotive that investors should be aware of.

finance1 year ago

Realty Income Q4 Earnings: AFFO Misses Estimates, Revenue Tops Expectations

Realty Income Corp (O) reported a 21.1% year-over-year increase in revenue, reaching $1.08 billion for the quarter ended December 2023, with an EPS of $1.01 compared to $0.36 a year ago. The company surpassed the Zacks Consensus Estimate for revenue but fell slightly short on EPS. Key metrics such as rental and other revenue, as well as net earnings per share, were also analyzed. Despite a -5.9% return on shares over the past month, the stock currently holds a Zacks Rank #3 (Hold), suggesting performance in line with the broader market.

finance2 years ago

"SoFi's Strong Q4 2023 and FY2024 Earnings Forecast (NASDAQ:SOFI)"

SoFi is expected to surpass analyst expectations for Q4 2023 earnings and FY2024 guidance, with projected revenue and EPS likely to exceed estimates. The company's history of consistently beating revenue guidance and the management's commitment to achieving profitability in Q4 2023 and throughout 2024 support this outlook. Conservative revenue assumptions suggest potential for significant revenue growth in 2024, and the company's track record of outperforming guidance further bolsters confidence in its future performance.

business2 years ago

FuelCell Energy's Earnings Beat Expectations, but Stock Falls as Revenues Lag

FuelCell Energy reported its full-year 2023 earnings, with revenues of $123.4 million, down 5.4% from the previous year, and a net loss of $107.6 million, narrowed by 26%. However, the company's earnings per share (EPS) beat expectations, improving from a loss of $0.38 in FY 2022 to a loss of $0.26. While revenue fell short of analyst estimates by 2.1%, EPS exceeded expectations by 6.8%. Looking ahead, FuelCell Energy forecasts an average annual revenue growth of 28% over the next three years, outperforming the 8.4% growth forecast for the Electrical industry in the US.

finance2 years ago

Revvity (RVTY) Reports Disappointing Q3 Earnings

MedTech company Revvity (RVTY) reported Q3 2023 adjusted earnings per share (EPS) of $1.18, missing estimates by 0.8% and declining 2.5% from the previous year. Revenues of $671 million were down 5.8% YoY and missed estimates by 3.1%. The company lowered its 2023 adjusted EPS guidance to $4.53-$4.57 from $4.70-$4.90 and revenue guidance to $2.72-$2.74 billion from $2.80-$2.85 billion. Revvity's stock carries a Zacks Rank #4 (Sell).

earnings-news2 years ago

Texas Instruments beats Q1 targets but forecasts downbeat Q2.

Texas Instruments reported Q1 GAAP EPS of $1.85, beating estimates by $0.07, and revenue of $4.38B, beating estimates by $10M. Revenue decreased 6% sequentially and 11% YoY, except for the automotive sector. The company's Q2 outlook is for revenue in the range of $4.17B to $4.53B and EPS between $1.62 and $1.88. TI expects its 2023 effective tax rate to be about 13% to 14%.

business2 years ago

Strongest Earnings Season in 10 Years, According to Bank of America

The first quarter earnings season has started off strong, with 90% of the S&P 500 companies that have reported so far beating EPS estimates and 73% beating sales estimates, according to Bank of America strategists. This marks the best start to an earnings season in a decade, thanks in part to impressive results from JPMorgan Chase, Citigroup, and Wells Fargo.

business2 years ago

Walgreens beats earnings expectations with strong Q2 performance.

Walgreens Boots reported Q2 Non-GAAP EPS of $1.16, beating estimates by $0.05, and revenue of $34.9B, beating estimates by $1.34B. The company is maintaining its full-year adjusted EPS guidance of $4.45 to $4.65, as strong core business growth is more than offsetting lapping peak COVID-19 demand. The CEO is confident in driving strong growth in the second half of the year and taking bold actions to create sustainable long-term shareholder value.