FMP
Jan 21, 2025 11:01 AM - Davit Kirakosyan
D.R. Horton Beats Q1 Earnings Estimates and Issues Strong 2025 Outlook
D.R. Horton Inc. (NYSE:DHI) released better-than-expected results for its fiscal first quarter of 2025. The home construction giant delivered solid performance despite a slight decline in revenue and net sales orders, showcasing resilience amid evolving market conditions. The company reported earnin...
Jan 21, 2025 10:56 AM - Davit Kirakosyan
KeyCorp Delivers Mixed Q4 Results with Earnings Beat Amid Revenue Miss, Stock Down 3%
KeyCorp (NYSE:KEY) posted mixed results for the fourth quarter, with a strong earnings beat offset by a revenue shortfall. Following the announcement, shares dropped more than 3% intra-day today as investors weighed the bank’s performance. The Cleveland-based financial institution reported adjusted ...
Jan 21, 2025 10:49 AM - Davit Kirakosyan
Ameren Upgraded to Outperform, Positioned for Superior Growth
Ameren (NYSE:AEE) shares rose more than 1% intra-day today after Evercore ISI analysts upgraded the company from In Line to Outperform, raising the price target to $104 from $89, citing the company’s promising growth prospects and operational strength. Ameren is positioned to achieve the higher end ...
Jan 21, 2025 10:43 AM - Davit Kirakosyan
Apple Downgraded Amid Expectations of Softening iPhone Demand
Loop Capital analysts downgraded Apple (NASDAQ:AAPL) from Buy to Hold, lowering the price target to $230 from $275 on the stock. The decision comes in light of updated supply chain analysis suggesting a significant reduction in iPhone demand starting in the March quarter, with more pronounced declin...
Jan 21, 2025 10:38 AM - Davit Kirakosyan
General Motors Upgraded to Buy At Deutsche Bank, Shares Up 1%
General Motors (NYSE:GM) shares rose more than 1% pre-market today after Deutsche Bank analysts upgraded the company from Hold to Buy, raising the price target to $60 from $56. The decision reflects optimism surrounding GM’s recent strategic initiatives, consistent operational performance, and a rob...
Jan 21, 2025 10:36 AM - Davit Kirakosyan
NRG Energy Upgraded: Positioned for Continued Outperformance in 2025
NRG Energy (NYSE:NRG) shares rose more than 2% pre-market today after Evercore ISI analysts upgraded the company from In Line to Outperform, raising the price target to $126 from $74. The upgrade reflects confidence in NRG’s strong growth prospects and attractive valuation, particularly as market dy...
Jan 17, 2025 12:18 PM - Davit Kirakosyan
SLB Delivers Strong Q4 Results, Boosts Dividend, and Announces Share Repurchase Plan
Schlumberger (NYSE:SLB) closed 2024 on a high note, exceeding fourth-quarter earnings expectations and sending its shares up more than 7% intra-day today. The oilfield services leader reported adjusted earnings per share of $0.92, a 7% year-over-year increase that surpassed the $0.90 consensus estim...
Jan 17, 2025 12:15 PM - Davit Kirakosyan
State Street Beats Q4 Expectations But Shares Slip Amid Mixed Guidance
State Street (NYSE:STT) exceeded fourth-quarter earnings expectations, yet its shares dipped more than 3% intra-day today as investors weighed mixed results and guidance. The financial services giant reported strong revenue growth but faced some challenges in maintaining margins. Adjusted earnings p...
Jan 17, 2025 12:13 PM - Davit Kirakosyan
Fastenal’s Quarterly Results Fall Short Amid Soft Manufacturing Environment
Fastenal Company (NASDAQ:FAST) released its fourth-quarter results that missed market expectations. The industrial and construction supplies distributor struggled with weaker-than-anticipated growth amid a challenging manufacturing landscape. The company reported earnings per share of $0.46, falling...
Jan 17, 2025 12:11 PM - Davit Kirakosyan
J.B. Hunt Shares Drop 7% as Earnings Miss Expectations Despite Modest Revenue Beat
J.B. Hunt Transport Services (NASDAQ:JBHT) delivered mixed results for the fourth quarter of 2024, with earnings falling short of analyst projections despite a slight revenue beat. Following the announcement, shares declined by more than 7% intra-day today. The company reported quarterly earnings pe...
