All articles tagged with #revenue estimates
Originally Published 1 year ago — by Yahoo Finance
Upstart Holdings, Inc. (UPST) reported a Q4 loss of $0.11 per share, surpassing revenue estimates, and showing an earnings surprise of 26.67%. The company's stock has underperformed the market, and its earnings outlook is unfavorable, leading to a Zacks Rank #4 (Sell). Investors are advised to monitor industry outlook and anticipate Wix.com's upcoming earnings report.
Originally Published 1 year ago — by Yahoo Finance
Analysts project that Coinbase Global, Inc. (COIN) will announce a quarterly loss of $0.06 per share, with revenues projected to reach $731.94 million, a 16.3% increase from the same quarter last year. Analysts have revised the consensus EPS estimate 50.5% higher over the last 30 days. They also forecast various key metrics such as net revenue, trading volume, and monthly transacting users. With a Zacks Rank #3 (Hold), COIN is expected to mirror the overall market performance in the near future.
Originally Published 1 year ago — by Yahoo Finance
Symbotic Inc. (SYM) reported a quarterly loss of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.05, but lagging revenue estimates. The company's revenues for the quarter ended December 2023 were $368.45 million, missing the Zacks Consensus Estimate by 0.49%. Symbotic Inc. shares have underperformed the market, and its future stock performance will depend on management's commentary on the earnings call and earnings outlook. The current Zacks Rank for the stock is #3 (Hold), indicating expected performance in line with the market.
Originally Published 2 years ago — by Yahoo Finance
Wall Street analysts forecast that Tesla (TSLA) will report a decline in quarterly earnings but an increase in revenues. Analysts' estimates for key metrics such as energy generation, automotive revenue, and vehicle deliveries are also provided. Tesla's stock has shown a negative return over the past month, and with a Zacks Rank #3 (Hold), it is expected to mirror the overall market performance in the near future.
Originally Published 2 years ago — by Yahoo Finance
Goldman Sachs analyst Toshiya Hari maintained a Buy rating on AMD and raised the price target from $137 to $157. Hari increased revenue estimates for 2024 and 2025, citing broad-based adoption of AMD's MI300 Data Center GPU in the cloud and enterprise markets. The analyst expects early success in Data Center GPUs to drive outperformance in 2024, along with a constructive year for AMD's server CPU franchise. Hari also believes that several other semiconductor companies, including Nvidia, Arm Holdings, and Micron Technology, are well-positioned to benefit from the ongoing build-out of data center AI infrastructure.
Originally Published 2 years ago — by Seeking Alpha
Deere is set to announce its Q3 earnings results, with consensus estimates of $8.21 EPS and $14.06 billion in revenue. The company's stock has seen upward revisions in EPS estimates but downward revisions in revenue estimates. Deere reported strong Q2 results, beating estimates with $9.65 EPS and $17.39 billion in revenue. The stock has a "HOLD" rating and is ranked 3 out of 9 in the agricultural machinery industry. Wall Street rates it as a "BUY" while Seeking Alpha authors rate it as "HOLD". Deere's stock has risen 24% in 2022 and 15.8% in the last 12 months. Some analysts caution against investing in Deere due to its overvaluation and potential market risks.
Originally Published 2 years ago — by CoinDesk
Marathon Digital, one of the largest bitcoin miners in North America, reported a Q2 adjusted loss per share of $0.13 on revenues of $81.8 million, missing analyst estimates. The company gained $23.4 million from the sale of bitcoin and benefited from lower impairment charges. Marathon also filed an 8-K stating the need to restate cash flow figures for Q1. Despite the earnings miss, Marathon remains the world's largest publicly traded bitcoin miner by self-mining hashrate.
Originally Published 2 years ago — by Simply Wall St
Analysts have significantly upgraded their earnings and revenue estimates for NVIDIA Corporation, with revenue expected to improve by 66% and per-share earnings to shoot up by 221% by 2024. The stock has already risen by 25% to US$389 over the past week, and analysts have increased their price target for NVIDIA by 48% to US$426. The most optimistic analyst has a price target of US$600 per share, while the most pessimistic values it at US$206. The growth outlook for NVIDIA is brighter than the recent past, and the analysts expect NVIDIA to grow faster than the wider industry.