All articles tagged with #wall street expectations
Firefly Aerospace reported strong Q3 sales exceeding expectations and projects significant growth by 2025, with its shares rising after the announcement, though it remains less valued than Rocket Lab despite similar growth prospects and a larger payload capacity with its Alpha rocket.
Rivian Automotive exceeded Wall Street's Q3 expectations with a $24 million gross profit, driven by a joint venture with Volkswagen and its software business, and maintained its 2025 guidance despite ongoing losses.
The article discusses whether BigBear.ai's upcoming Q3 earnings will positively impact its stock price, highlighting Wall Street's expectations and analysis of the company's financial outlook.
HSBC analysts have upgraded Nvidia stock to buy, predicting a 78% upside driven by an expanding market for AI graphics processing units and broader customer adoption beyond cloud providers, indicating strong growth potential in the AI race.
JPMorgan Chase is set to report its third-quarter earnings with expectations of $4.84 earnings per share and $45.4 billion in revenue, reflecting continued strong trading revenue, merger activity, and a resilient consumer sector, indicative of a robust year for major U.S. banks amid favorable market conditions.
General Motors is preparing to report its Q2 earnings amid ongoing auto tariff uncertainties and changes in EV incentives, with Wall Street expecting a slight decrease in revenue and earnings, while the company adjusts its full-year outlook and emphasizes its commitment to electric vehicles.
JPMorgan Chase is set to report its second-quarter earnings with expected earnings of $4.48 per share and revenue of $44.16 billion, reflecting strong trading and wealth management performance amid volatile markets and economic recovery signs, with other major banks also scheduled to release results.
Goldman Sachs is set to report its second-quarter earnings, with Wall Street expecting $8.34 per share in earnings and $12.46 billion in revenue. The bank's performance is closely watched due to its heavy reliance on investment banking and trading. Expectations are high following strong results from rivals JPMorgan Chase and Citigroup.
JPMorgan Chase is set to report its first-quarter earnings, with Wall Street expecting earnings of $4.11 a share and revenue of $41.85 billion. Analysts will closely watch for insights into how banks fared at the start of the year, particularly in navigating the rate environment and managing potential loan losses. Expectations are high for JPMorgan, with potential for boosted guidance on net interest income for 2024. CEO Jamie Dimon's comments on the economy and industry efforts to address credit card and overdraft fees will also be of interest. Shares of JPMorgan have outperformed the KBW Bank Index, and other major banks are set to release their results in the coming days.
Ford Motor is set to announce its fourth-quarter and 2023 earnings, with Wall Street expecting 14 cents adjusted earnings per share and $40.12 billion in automotive revenue. Analysts anticipate flat to slightly lower 2024 guidance compared to 2023, with expectations ranging between $9 billion and $11 billion. Ford faces challenges from increasing labor costs due to a new UAW contract, but is expected to benefit from its Ford Pro fleet unit and traditional Ford Blue internal combustion engine business amidst headwinds such as lower vehicle prices and warranty costs.
General Motors is expected to report a 10.3% decrease in revenue and a 45.3% decline in adjusted earnings per share for the fourth quarter. Wall Street anticipates a "flattish" forecast compared to last year's earnings, with attention on residual costs from the new labor contract and 2024 guidance. GM reinstated its 2023 guidance, including net income and adjusted earnings before interest and taxes. Investors are also interested in updates on GM's electric vehicles and its autonomous vehicle subsidiary, Cruise, which is under investigation following an October accident.
JPMorgan Chase is set to report fourth-quarter earnings, with Wall Street expecting earnings per share of $3.32 and revenue of $39.78 billion. Analysts will closely watch for insights on how banks fared amid volatile interest rates and rising loan losses. CEO Jamie Dimon's comments on the economy and banks' efforts to manage capital requirements will also be of interest. Shares of JPMorgan jumped 27% last year, outperforming its peers, and other major banks are scheduled to release their results later in the day.
Pfizer's third-quarter financial report fell slightly short of Wall Street expectations as the company's sales of Covid-19 products dropped, following a recent reduction in sales forecasts.
Snap shares surged 11% after a leaked internal memo revealed that the company is projected to have over 475 million daily active users (DAUs) by 2024, surpassing Wall Street's expectations. The report also stated that Snap anticipates advertising revenue to grow more than 20% in 2024, exceeding estimates of 14% growth. Despite facing tough competition and a weak advertising market, Snap's higher-than-expected user numbers and revenue projections provided a boost to investor confidence.
Costco has indicated that it will raise its membership fee in the future, although no specific announcement has been made yet. The company's Chief Financial Officer stated that it is a matter of "when, not if." Following the release of Costco's fiscal fourth-quarter results, which fell short of Wall Street expectations, the company's shares dropped by 1.8% in after-hours trading.