All articles tagged with #margin expansion
Pfizer has raised its 2025 EPS guidance to $2.90–$3.10 and aims for margin expansion through $7.7 billion in cost savings by 2027, with CEO Albert Bourla highlighting progress in R&D, portfolio expansion, and improved margins.
Nvidia's stock rose about 3% after Jefferies named it a top pick, predicting profit margins could soar to 80% this year due to demand for its next-generation Blackwell chips and its evolution into a comprehensive AI infrastructure provider.
Lyft's stock surged 67% in after-hours trading after projecting adjusted earnings and profitability margins, only to retract the latter projection due to a "clerical error," causing shares to give up most gains. Despite the error, Lyft reported strong earnings and bookings, signaling a potential turnaround in its efforts to challenge Uber. However, Lyft still lags behind Uber in market share, and both companies are facing criticism over driver treatment and classification as independent contractors.
Lyft's stock surged 67% in after-hours trading after projecting adjusted earnings and margin expansion, but the company later corrected its statement, attributing the mistake to a "clerical error." Despite the error, Lyft reported strong earnings and bookings, signaling a potential turnaround in its efforts to challenge Uber. The company's fourth-quarter results showed growth in gross bookings and active riders, but it still lags behind Uber in market share. Additionally, Lyft is facing challenges from drivers preparing to strike over low pay and treatment by the app companies.
United Parcel Service Inc. saw its shares rise the most in over a year after UBS Group AG upgraded the courier to buy, citing expectations of continued cost reduction efforts following the elimination of 12,000 management jobs. Analyst Thomas Wadewitz anticipates UPS’ investor day on March 26 will reveal plans for margin expansion and earnings growth, driven by potential cost savings of over $2 billion annually through automation and rationalization. Despite a disappointing earnings report, UPS aims to save over $1 billion by cutting management jobs and potentially reduce headcount by 20,000 in sorting and delivery stations. The company is also regaining market share lost to FedEx Corp. in 2023, and analysts see an 11% return potential over the next 12 months.