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Business

CWEB Business News BioAffinity Technologies Faces Financial Hurdles Despite Strong Revenue Growth for CyPath Lung

bioAffinity Technologies (NASDAQ: BIAF), a leader in innovative diagnostic solutions, has reported a 62% year-over-year revenue increase for its flagship product, CyPath Lung, in...

CWEB Business News BMO Capital Sets $375 Price Target for Constellation Energy (CEG), Highlighting Strong Growth Potential

James Thalacker, an analyst at BMO Capital, has reaffirmed confidence in Constellation Energy (NASDAQ: CEG) with a price target of $375, signaling a potential...

Napco Security Technologies’ Financial Performance in the Competitive Market

Napco Security Technologies, Inc. (NASDAQ:NSSC) demonstrates strong capital efficiency with a ROIC of 25.88% and a WACC of 12.00%. Compared to peers, Napco has a...

The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) Financial Overview

NTB's ROIC is significantly higher than its WACC, indicating efficient capital utilization. PJT Partners Inc. stands out with an exceptionally high ROIC to WACC ratio,...

Celsius Holdings Inc. (NASDAQ:CELH) Surpasses EPS Estimates but Misses on Revenue

Celsius Holdings Inc. (NASDAQ:CELH) reported EPS of $0.04276, beating estimates but missed revenue forecasts. The company showed a significant year-over-year decline in profitability with a...

Lumen Technologies Misses Q3 Earnings, Shares Plunge 8 percent

Lumen Technologies (NYSE:LUMN) shares dropped more than 8% pre-market today after the company posted a third-quarter adjusted per-share loss of $0.13, which was deeper...

Devon Energy Surpasses Revenue Expectations Despite Earnings Miss, Stock Rises 2 percent

Devon Energy (NYSE:DVN) posted impressive third-quarter 2024 results, with revenue surpassing estimates and helping lift its stock by more than 2% in pre-market today....

IFF Raises Full-Year Revenue Outlook Following Mixed Q3, Stock Rises 2 percent

International Flavors & Fragrances (NYSE:IFF) shares rose around 2% pre-market today after the company reported mixed third-quarter results, with a slight earnings miss offset...

Novo Nordisk Posts Strong 9-Month Growth, Shares Gain 4 percent

Novo Nordisk (NYSE:NVO) shares rose more than 4% pre-market today after the company reported robust performance for the first nine months of 2024, with...

Tencent Music Started With Overweight Rating at Barclays

Barclays analysts initiated coverage on Tencent Music Entertainment (NYSE:TME) with an Overweight rating and a $16 price target, citing the company’s solid adaptation and...

Microchip Technology Beats Earnings, But Weak Outlook Drags Shares Down

Microchip Technology (NASDAQ:MCHP) posted second-quarter earnings that surpassed analyst expectations, but a disappointing outlook for the next quarter led to a 2% drop in...

Google’s Legal Victory and Its Impact on NASDAQ:GOOGL Stock

Google (NASDAQ:GOOGL) has won a significant legal battle, dismissing a class action lawsuit related to Google Play gift card scams. The stock price of GOOGL...

Easterly Government Properties, Inc. (NYSE: DEA) Surpasses EPS Estimates

Easterly Government Properties, Inc. (NYSE:DEA) reported earnings per share (EPS) of $0.0545, exceeding expectations. The company's quarterly funds from operations (FFO) were $0.30 per share,...

Portillo’s Inc. (NASDAQ:PTLO) Surpasses EPS Estimates in Q3 2024

Portillo's Inc. (NASDAQ:PTLO) reported a Q3 earnings per share (EPS) of $0.1113, exceeding expectations. The company's revenue was $178.3 million, slightly missing the forecasted $182.2...

Topgolf Callaway Brands Corp. (NYSE:MODG) Strategic Shift and Analysts’ Outlook

The consensus price target for NYSE:MODG has been adjusted from $14.83 to $12, indicating a more conservative outlook. Despite the conservative consensus, some analysts see...

Intapp, Inc. (NASDAQ:INTA) Financial Performance and Competitive Analysis

Intapp, Inc. (NASDAQ:INTA) has a negative Return on Invested Capital (ROIC) of -5.89%, indicating it is not generating sufficient returns to cover its cost...

Emerson Electric Co. (NYSE: EMR) Surpasses Earnings Estimates

Emerson Electric Co. (NYSE:EMR) reported an EPS of $1.48, beating the Zacks Consensus Estimate. The company's revenue reached $4.62 billion, indicating a 13% year-over-year increase. Valuation...

Fox Corporation (NASDAQ:FOXA) Sees Positive Analyst Ratings Amid Growth Prospects

Jason Bazinet from Fox Advisors set a price target of $50 for NASDAQ:FOXA, indicating a potential increase of 14.44% from its current price. Goldman Sachs...

The New York Times Company (NYSE:NYT) Sees Positive Outlook with Price Target Set at $58

Catherine Seifert from CFRA sets a price target of $58 for (NYSE:NYT), indicating a potential increase of 9.17% from its current price. The company's third-quarter...

Apollo Global Management, Inc. (NYSE:APO) Q3 2024 Earnings Overview

Earnings Per Share (EPS) of $1.85, surpassing estimates and indicating strong profitability. Revenue reached $926 million, exceeding forecasts and showcasing operational efficiency. Positive market valuation with...

Cirrus Logic (NASDAQ:CRUS) Sees Optimistic Price Target Amid Strong Earnings

Angelo Zino from CFRA set a price target of $109 for NASDAQ:CRUS, indicating a potential increase of about 6.08%. The company's strong fiscal Q2 2025...

Sotera Health Company’s Q3 Earnings Analysis

The earnings per share (EPS) of $0.05952 was below the expected $0.18. Revenue exceeded expectations, reporting $285.47 million against an estimated $278.58 million. The company has...

Revitty Incorporated’s Q3 Earnings Overview

Earnings per Share (EPS) of $0.935 missed the expected $1.13. Revenue of approximately $641.7 million, below the forecast of $679.7 million. Adjusted 2024 revenue forecast downward...

Avino Silver & Gold Mines Ltd. (AMEX:ASM) – A Promising Investment Opportunity

ASM's stock price has seen a recent dip, presenting a potential buying opportunity with a projected growth of 28.10%. The company boasts a Piotroski Score...

Exact Sciences Corporation (NASDAQ:EXAS) Shows Promising Growth in Cancer Diagnostics

Analysts' confidence in Exact Sciences is growing, with a significant increase in the consensus price target to $95, suggesting a potential 34.3% increase in...

Hologic, Inc. (NASDAQ:HOLX) Q4 2024 Earnings Overview

Earnings Per Share (EPS) matched the estimated EPS of $1.01, showcasing the company's stable profitability. Revenue exceeded expectations at approximately $987.9 million, indicating strong sales...

Jefferies Sees Long-Term Growth Potential for CMS Energy, Initiates Coverage with a Buy Rating

Jefferies analysts initiated coverage on CMS Energy (NYSE:CMS) with a Buy rating and a price target of $76 on the stock. They forecast a...

Marqeta Shares Dive Over 40 percent Following Deep Cut in Guidance

Marqeta (NASDAQ:MQ) experienced a significant stock decline of over 40% pre-market today following a substantial reduction in its fourth-quarter guidance. In the third quarter, Marqeta...

Illumina Beats Q3 Earnings But Lowers Revenue Guidance

Illumina (NASDAQ:ILMN) reported third-quarter earnings that exceeded analyst expectations, however the fourth-quarter revenue guidance disappointed investors. The genetic sequencing company posted adjusted earnings per share...

8×8 Posts Strong Q2 Results and Upbeat Guidance

8x8 (NASDAQ:EGHT) reported second-quarter earnings that exceeded expectations and provided optimistic guidance for the coming quarters. The company posted adjusted earnings of $0.09 per share,...

Goodyear Beats Q3 Earnings Estimates, Lifts Transformation Plan Targets

Goodyear Tire & Rubber (NASDAQ:GT) reported third-quarter earnings that exceeded analyst projections and raised its goals for an ongoing transformation initiative. Goodyear posted adjusted earnings...

Palantir Soars 13 percent After Boosting Full-Year Forecast Amid Surging AI Demand

Palantir Technologies (NYSE:PLTR) raised its full-year outlook following a stellar third-quarter performance fueled by a wave of new AI-driven business. The company’s stock surged...

Warren Buffet’s Berkshire Hathaway piles hundreds of billions in cash, dumps Apple, BofA stock in third quarter, CWEB reports

Berkshire Hathaway reported its third-quarter earnings and revealed a huge stockpile of cash. The Warren Buffet-led company also sold a significant portion of its...

Loews Posts Strong Q3 Earnings Growth, But Shares Fall 4 percent

Loews (NYSE:L) reported third-quarter net income of $401 million, or $1.82 per share, a 38% increase from $253 million, or $1.12 per share, in...

Marriott Shares Slip 3 percent as Q3 Earnings Miss Estimates

Marriott International (NASDAQ:MAR) reported third-quarter earnings below analyst expectations and trimmed its full-year forecast, resulting in a more than 3% drop in share intra-day...

DigitalOcean Shares Drop 10 percent on Weak Outlook Despite Strong Q3 Performance

DigitalOcean (NYSE:DOCN) saw its shares slide over 10% intra-day today after issuing fourth-quarter guidance that missed analyst expectations, even as third-quarter results outperformed. For the...

New York Times Beats Q3 EPS, But Shares Drop 7 percent

The New York Times Company (NYSE:NYT) posted third-quarter earnings that exceeded expectations, driven by robust digital subscription growth and an increase in digital ad...

PSEG Beats Q3 Earnings Estimates, But Shares Drop 5 percent

Public Service Enterprise Group (NYSE:PEG) shares dropped more than 5% intra-day today despite the company posting third-quarter results that exceeded expectations, benefiting from increased...

Fox Shares Jump 4 percent After Strong Q1 Earnings Beat

Fox Corporation (NASDAQ:FOXA) reported first-quarter results that exceeded analyst forecasts, lifting its stock by over 4% intra-day today. The media giant posted adjusted earnings...

Medifast, Inc. (NYSE:MED) Surpasses Market Expectations with Strong Quarterly Earnings

Medifast, Inc. (NYSE:MED) reported a significant EPS of $0.1029, outperforming the anticipated loss. The company's revenue reached approximately $140.2 million, surpassing estimates and indicating robust...

Glatfelter Corporation’s Strategic Moves and Merger with Berry Global’s Division

Glatfelter Corporation (NYSE:GLT) executed a reverse stock split at a 13-for-1 ratio as part of its strategic plans. The merger with Berry Global Group Inc.'s...

Choice Hotels International, Inc. (NYSE:CHH) Q3 Earnings Overview

Choice Hotels International, Inc. (NYSE:CHH) reported a Q3 revenue of approximately $428 million, slightly below estimates. The company's EPS of $2.23 exceeded the Zacks Consensus...

Diamondback Energy, Inc. (NASDAQ:FANG) Financial Overview

Earnings per share (EPS) of $3.38 fell short of the Zacks Consensus Estimate of $3.80, indicating a challenging quarter. Revenue of approximately $2.65 billion surpassed...

Gladstone Commercial Corporation’s Earnings Overview

Gladstone Commercial Corporation (NASDAQ:GOOD) reported revenue of $39.2 million, surpassing estimates. The company's quarterly FFO reached $0.38 per share, indicating operational efficiency and growth. Despite strong...

Howard Hughes Holdings Inc. (AMEX:HHH) Surpasses Earnings Estimates

Howard Hughes Holdings Inc. (AMEX:HHH) reported a significant earnings beat with third-quarter earnings per share of $1.95, far exceeding the Zacks Consensus Estimate. The company's...

Boise Cascade Company’s Financial Performance Analysis

Earnings per Share (EPS) of $2.33, slightly above the estimated $2.32 but below the Zacks Consensus Estimate of $2.37. Revenue of approximately $1.71 billion, a...

Walmart introduces virtual and AI-powered shopping for web fans, CWEB reports

Walmart (WMT), the leading retailer in North America, has introduced new virtual shopping experiences powered by artificial intelligence for its web fans. The Bentonville,...

Wayfair Inc. (NYSE:W) Q3 2024 Earnings Report Highlights

Wayfair reported an earnings per share (EPS) of -$0.60, missing the estimated EPS of $0.13, indicating profitability challenges. The company's revenue for Q3 2024 was...

LyondellBasell Industries N.V. (NYSE:LYB) Faces Financial Challenges Despite Strong Market Presence

LyondellBasell Industries N.V. (NYSE:LYB) reported earnings per share (EPS) of $1.88, missing the estimated $1.98. The company's revenue for the quarter was $10.32 billion, slightly...

Brunswick Corporation (NYSE: BC) Faces Market Challenges Despite Strong Product Range

Brunswick Corporation (NYSE:BC) reported third-quarter earnings per share (EPS) of $1.17, slightly missing the Zacks Consensus Estimate. The company's revenue for the quarter was $1.27...
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