Tag

Fiscal Guidance

All articles tagged with #fiscal guidance

finance1 year ago

"Snowflake's CEO Transition Sparks Stock Volatility and Analyst Debate"

Snowflake's shares dropped 20% after reporting Q4 results, issuing conservative fiscal 2025 guidance of 22% Y/Y growth, and announcing CEO Frank Slootman's transition. Analysts have mixed reactions, with some maintaining bullish outlooks due to the company's solid performance, conservative guidance assumptions, and potential for AI innovations to drive revenue growth. Despite disappointment over the guidance, analysts see upside potential and believe the CEO transition and conservative outlook set the stage for potential outperformance under new leadership.

finance1 year ago

"Air Products & Chemicals Q1 Earnings Fall Short, Shares Drop 10%"

Air Products and Chemicals reported a first quarter non-GAAP EPS of $2.82, missing expectations by $0.18, with revenue of $3 billion also falling short by $210 million. The company's Americas sales were down 10 percent, while Asia sales increased by two percent. Air Products and Chemicals updated its fiscal 2024 full-year adjusted EPS guidance to $12.20 to $12.50, and its second quarter adjusted EPS guidance to $2.60 to $2.75, both below consensus estimates.