Cibus (NASDAQ: CBUS) came out with a quarterly loss of $1.12 per share versus the Zacks Consensus Estimate of a loss of $1.01. This compares to loss of $5.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.89%. A quarter ago, it was […]
Xenetic Biosciences (NASDAQ: XBIO) came out with a quarterly loss of $0.78 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to loss of $0.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.27%. A quarter ago, it […]
Plug Power Inc (NASDAQ:PLUG) shares tanked in early trading on Friday, after the company reported disappointing results for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Plug Power Analyst Kashy Harrison maintained an Underweight rating while reducing the price target from $2.90 to […]
Editor’s note: This story has been updated to correct an error in the price action of Charter Communications stock. A worse-than-expected University of Michigan May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures. The report disclosed that both near-term and long-term inflation […]
The Cheesecake Factory Incorporated (NASDAQ: CAKE) reported impressive first-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased from the prior-year quarter’s figure. Earnings & Revenue Discussion In the quarter under review, the company reported adjusted earnings per share of 73 cents, beating the Zacks Consensus […]
Groupon (NASDAQ: GRPN) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to loss of $0.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it […]
Mizuho analyst Siti Panigrahi upgraded Squarespace (NYSE:SQSP) to Buy from Neutral, raising the forecast to $50 from $34. According to the analyst, the company can deliver a significant upside to consensus estimates. The upside scenario implies almost 22% year-over-year growth in 2024 (consensus at 19%). Squarespace also has potential for 20% year-over-year growth in 2025 (consensus at 14%). The major growth levers […]
Shares of Unity Software Inc (NYSE:U) tanked in early trading on Friday, after the company reported mixed results for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst Bernie McTernan maintained a Buy rating and price target of $31. Wedbush analyst Michael Pachter reiterated an […]
Roblox Corp (NYSE:RBLX) shares recovered slightly in early trading on Friday, after tanking in the previous session on the company’s weak outlook. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Roblox Analyst Eric Sheridan maintained a Neutral rating while slashing the price target from $48 to […]
Apyx Medical (NASDAQ: APYX) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -22.22%. A quarter ago, it […]