Articles from StockStory

Shares of fresh produce company Calavo Growers (NASDAQCVGW) fell 9.4% in the morning session after the company reported underwhelming fourth quarter results. EBITDA missed significantly and its gross margin fell short of Wall Street's estimates. The company blamed both higher fruit costs as well as higher compensation expenses. On the other hand, revenue came in ahead of expectations, though sales declined in absolute terms relative to the previous year. Overall, this quarter could have been better.

Shares of work management software maker Asana (NYSEASAN) jumped 9% in the morning session as the major indices soared (Nasdaq +1.9%, S&P 500 +1.6%) after the Bureau of Labor Statistics reported that core CPI (Consumer Price Index - a measure of inflation which strips out volatile food and energy prices) for December 2024 came in better than expected, rising 3.2% year over year, compared to the consensus estimate for a 3.3% increase. This means that PPI and CPI both came in slightly below expectations. It is important because the results take additional rate hikes off the table, which some investors and market participants were beginning to whisper about. 

Shares of social network Snapchat (NYSESNAP) jumped 7.8% in the morning session after the major indices soared (Nasdaq +1.9%, S&P 500 +1.6%) after the Bureau of Labor Statistics reported that core CPI (Consumer Price Index - a measure of inflation which strips out volatile food and energy prices) for December 2024 came in better than expected, rising 3.2% year over year, compared to the consensus estimate for a 3.3% increase. This means that PPI and CPI both came in slightly below expectations. It is important because the results take additional rate hikes off the table, which some investors and market participants were beginning to whisper about. 

Shares of online community and discussion platform Reddit (NYSERDDT) jumped 7.8% in the morning session after the major indices soared (Nasdaq +1.9%, S&P 500 +1.6%) after the Bureau of Labor Statistics reported that core CPI (Consumer Price Index - a measure of inflation which strips out volatile food and energy prices) for December 2024 came in better than expected, rising 3.2% year over year, compared to the consensus estimate for a 3.3% increase. This means that PPI and CPI both came in slightly below expectations. It is important because the results take additional rate hikes off the table, which some investors and market participants were beginning to whisper about. 

Shares of laser company nLIGHT (NASDAQLASR) fell 17.1% in the afternoon session after the company reported underwhelming preliminary fourth quarter results, with sales expected to fall below the previous guidance range. Precisely, LASR expects Q4 2024 revenues of $46 million to $48 million (vs. previous estimates of $49 million to $54 million). The company blamed the weakness on "continued weakness in our industrial markets, execution challenges in our microfabrication business, and the timing of the delivery of a limited number of defense products." Consequently, profit indicators, including gross margin and adjusted EBITDA, are also expected to fall significantly below previous estimates. Overall, the results aren't encouraging and indicate challenging times ahead.

Shares of real estate firm JLL (NYSEJLL) jumped 7.5% in the afternoon session after the company secured over $1.2 billion in construction financing for four hyperscale data center campuses in Northern Virginia on behalf of The BlackChamber Group. Management added "We are seeing incredible demand for data centers with the consistent appetite from Cloud, AI and Enterprise tenants and this in turn has created a larger focus from various capital sources."

Shares of aircraft leasing company FTAI Aviation (NASDAQFTAI) fell 7.4% in the afternoon session after Muddy Waters, a research firm known for short reports and bets that stocks are overvalued, published a report on FTAI. Muddy Waters claims that FTAI Aviation has been recording one-time engine sales as Maintenance Repair & Overhaul (MRO) revenue in its Aerospace Products (AP) segment. This has led to a growth story in FTAI's AP revenue, which Muddy Waters believes is lower quality than investors give the company credit for. The research firm estimates that the majority of FTAI Aviation's adjusted EBITDA in the Aerospace Products segment comes from gains on sales, which is less recurring in nature.

Woodward currently trades at $183.61 per share and has shown little upside over the past six months, posting a middling return of 2.6%. This is close to the S&P 500’s 3.8% gain during that period.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at DXP (NASDAQDXPE) and the best and worst performers in the maintenance and repair distributors industry.

Datadog has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 8.3% to $140.11 per share while the index has gained 3.8%.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Bel Fuse (NASDAQBELFA) and the best and worst performers in the electronic components industry.

Array’s stock price has taken a beating over the past six months, shedding 39.4% of its value and falling to $6.75 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how shelf-stable food stocks fared in Q4, starting with General Mills (NYSEGIS).

Olaplex has been treading water for the past six months, recording a small loss of 3.8% while holding steady at $1.55. The stock also fell short of the S&P 500’s 3.8% gain during that period.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the advertising software industry, including DoubleVerify (NYSEDV) and its peers.

Over the past six months, SPX Technologies’s shares (currently trading at $143.96) have posted a disappointing 8.9% loss, well below the S&P 500’s 3.8% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Shareholders of Orion would probably like to forget the past six months even happened. The stock dropped 28.9% and now trades at $7.28. This may have investors wondering how to approach the situation.

Over the past six months, Kirby’s stock price fell to $107.16. Shareholders have lost 13.4% of their capital, which is disappointing considering the S&P 500 has climbed by 3.8%. This may have investors wondering how to approach the situation.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Campbell's (NASDAQCPB) and the best and worst performers in the shelf-stable food industry.

What a brutal six months it’s been for AMC Entertainment. The stock has dropped 39% and now trades at $3.25, rattling many shareholders. This may have investors wondering how to approach the situation.

Designer Brands’s stock price has taken a beating over the past six months, shedding 21.7% of its value and falling to $5.34 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

What a brutal six months it’s been for Gray Television. The stock has dropped 34.1% and now trades at $3.37, rattling many shareholders. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

Looking back on apparel and accessories stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Stitch Fix (NASDAQSFIX) and its peers.

Shareholders of Commercial Vehicle Group would probably like to forget the past six months even happened. The stock dropped 55.5% and now trades at $2.25. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Over the past six months, A. O. Smith’s stock price fell to $71.26. Shareholders have lost 18.8% of their capital, which is disappointing considering the S&P 500 has climbed by 3.8%. This might have investors contemplating their next move.

What a time it’s been for MicroStrategy. In the past six months alone, the company’s stock price has increased by a massive 114%, reaching $344.69 per share. This performance may have investors wondering how to approach the situation.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the home construction materials stocks, including Owens Corning (NYSEOC) and its peers.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Parsons (NYSEPSN) and the rest of the defense contractors stocks fared in Q3.

Let’s dig into the relative performance of Udemy (NASDAQUDMY) and its peers as we unravel the now-completed Q3 consumer subscription earnings season.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at environmental and facilities services stocks, starting with ABM Industries (NYSEABM).

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Match Group (NASDAQMTCH) and its peers.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Monolithic Power Systems (NASDAQMPWR) and its peers.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q3, starting with Honeywell (NASDAQHON).

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Zurn Elkay (NYSEZWS) and the best and worst performers in the hvac and water systems industry.

Looking back on industrial packaging stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Packaging Corporation of America (NYSEPKG) and its peers.

Steel wire manufacturer Insteel (NYSEIIIN) will be reporting earnings tomorrow before the bell. Here’s what investors should know.

Fresh produce company Calavo Growers (NASDAQCVGW) reported Q3 CY2024 results exceeding the market’s revenue expectations, but sales fell by 29.5% year on year to $170 million. Its non-GAAP profit of $0.05 per share was 83.1% below analysts’ consensus estimates.

Shares of home services online marketplace ANGI (NASDAQANGI) jumped 9% in the afternoon session after IAC's board approved a plan to fully spin off its stake in Angi. As part of the move, Joey Levin will step down as IAC CEO to become Executive Chairman of Angi. The spin-off is expected to give IAC shareholders direct ownership of Angi, fully separating the two companies. It will also eliminate Angi's dual-class structure, streamlining its governance. This simplified structure is expected to support Angi's growth by providing more flexibility to make acquisitions, raise capital, and attract talent.

Shares of homebuilder KB Home (NYSEKBH) jumped 5% in the morning session after the company reported strong fourth-quarter results that exceeded analysts' backlog expectations. This figure is a leading indicator of revenue and a major focus of the markets. Its revenue also narrowly outperformed Wall Street's estimates. Management made constructive comments about the macro, noting that "Net orders rose roughly 40% year over year, as buyers continued to demonstrate a desire for homeownership and housing market conditions improved relative to last year". On the other hand, its EBITDA missed and its full-year revenue guidance fell slightly short of Wall Street's estimates. Zooming out, we think this was a mixed quarter. The market seemed to focus on the top-line strength, and the stock traded up.

Shares of machinery provider H&E (NASDAQHEES) jumped 107% in the pre-market session after the company agreed to a $4.8 billion takeover by United Rentals, with shareholders receiving $92 per share in cash. This valuation includes about $1.4 billion in net debt. This acquisition value represents more than a 100% premium over HEES's trading price a day before news of the deal was announced.

Shares of online fashion resale marketplace ThredUp (NASDAQTDUP) jumped 44.2% in the afternoon session after the company reported stronger-than-expected preliminary fourth-quarter results, signaling a return to growth. ThredUp anticipates Q4 2024 revenue for the US market between $66.7 million and $67.2 million, marking a 9% year-on-year increase, a sharp turnaround from its earlier forecast of a 6% to 2% sales decline. Gross margin is also expected to improve to between 80.2% and 80.4%. The improved sales and gross profits are expected to drive an Adjusted EBITDA margin of 6.4% to 6.9% (vs. previous guidance of 0.0% to 2.0%). 

Shares of financial services company Robinhood (NASDAQHOOD) jumped 8.8% in the morning session after Bernstein analyst Gautam Chhugani named the stock a Top Idea for 2025, highlighting its strong position in the crypto space. 

Shares of equipment rental company United Rentals (NYSEURI) jumped 5.3% in the pre-market session after the company announced it would acquire H&E Equipment Services (HEES) for $92 per share in cash, valuing the deal at approximately $4.8 billion, including $1.4 billion in net debt. 

Shares of industrial components supplier NN (NASDAQNNBR) jumped 20.2% in the morning session after the company reported impressive preliminary guidance, with full-year 2024 new business wins expected to exceed the high end of its previous forecast. Management added, "We will continue this pace of new business acquisition into 2025 and 2026 and have a $720 million pipeline to support it. 2025 is off to a great start with the simultaneous launch of fifty [50] new programs during the first quarter."

Let’s dig into the relative performance of VF Corp (NYSEVFC) and its peers as we unravel the now-completed Q3 apparel and accessories earnings season.

Life Time has had an impressive run over the past six months as its shares have beaten the S&P 500 by 17.6%. The stock now trades at $24.05, marking a 21.7% gain. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

DigitalOcean has been treading water for the past six months, holding steady at $33.48. This is close to the S&P 500’s 4.1% gain during that period.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the inspection instruments stocks, including FARO (NASDAQFARO) and its peers.

Over the past six months, Trimble has been a great trade, beating the S&P 500 by 16.8%. Its stock price has climbed to $69.30, representing a healthy 21% increase. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

Over the last six months, Littelfuse’s shares have sunk to $231.01, producing a disappointing 13% loss - a stark contrast to the S&P 500’s 4.2% gain. This might have investors contemplating their next move.

Looking back on apparel and accessories stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Carter's (NYSECRI) and its peers.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Vita Coco (NASDAQCOCO) and the rest of the beverages, alcohol, and tobacco stocks fared in Q3.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at vertical software stocks, starting with Doximity (NYSEDOCS).

Over the past six months, TreeHouse Foods’s shares (currently trading at $33.40) have posted a disappointing 11.6% loss, well below the S&P 500’s 4.2% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Chipotle currently trades at $57.40 per share and has shown little upside over the past six months, posting a middling return of 1.4%. This is close to the S&P 500’s 4.2% gain during that period.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including John Bean (NYSEJBT) and its peers.

Over the last six months, Zeta’s shares have sunk to $17.33, producing a disappointing 9.5% loss - a stark contrast to the S&P 500’s 4.2% gain. This may have investors wondering how to approach the situation.

Shareholders of Jack in the Box would probably like to forget the past six months even happened. The stock dropped 25.4% and now trades at $38.50. This was partly due to its softer quarterly results and might have investors contemplating their next move.

American Airlines has been on fire lately. In the past six months alone, the company’s stock price has rocketed 67%, reaching $17.75 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how leisure products stocks fared in Q3, starting with MasterCraft (NASDAQMCFT).

Over the past six months, Sportsman's Warehouse’s shares (currently trading at $2.20) have posted a disappointing 8.7% loss, well below the S&P 500’s 4.2% gain. This might have investors contemplating their next move.

Over the last six months, Impinj’s shares have sunk to $151.29, producing a disappointing 14.1% loss - a stark contrast to the S&P 500’s 4.2% gain. This may have investors wondering how to approach the situation.

Since January 2020, the S&P 500 has delivered a total return of 78.6%. But one standout stock has nearly doubled the market - over the past five years, Curtiss-Wright has surged 145% to $355 per share. Its momentum hasn’t stopped as it’s also gained 28.7% in the last six months thanks to its solid quarterly results, beating the S&P by 24.5%.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how environmental and facilities services stocks fared in Q3, starting with BrightView (NYSEBV).

SolarEdge’s stock price has taken a beating over the past six months, shedding 45.2% of its value and falling to $14.69 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

Over the past six months, National Vision’s stock price fell to $10.58. Shareholders have lost 16.6% of their capital, which is disappointing considering the S&P 500 has climbed by 4.2%. This might have investors contemplating their next move.

Since July 2024, Fortive has been in a holding pattern, floating around $76.09. This is close to the S&P 500’s 4.2% gain during that period.

Over the past six months, Appian’s stock price fell to $32.70. Shareholders have lost 5.2% of their capital, which is disappointing considering the S&P 500 has climbed by 4.1%. This may have investors wondering how to approach the situation.

As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the shelf-stable food industry, including General Mills (NYSEGIS) and its peers.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Toll Brothers (NYSETOL) and its peers.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the casino operator stocks, including Monarch (NASDAQMCRI) and its peers.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the electronic components industry, including Allient (NASDAQALNT) and its peers.

Over the past six months, BWX has been a great trade, beating the S&P 500 by 8%. Its stock price has climbed to $111.07, representing a healthy 12.1% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Yum China (NYSEYUMC) and the rest of the traditional fast food stocks fared in Q3.

Let’s dig into the relative performance of GitLab (NASDAQGTLB) and its peers as we unravel the now-completed Q3 software development earnings season.