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Cracker Barrel to Report Q4 Earnings: Is a Beat in Store?

September 18, 2024 author

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is scheduled to report fourth-quarter fiscal 2024 results on Sept. 19. In the last reported quarter, CBRL registered an earnings surprise of 57.1%. Trend in Estimate Revision The Zacks Consensus Estimate for fiscal fourth-quarter earnings per share is pegged at $1.17, which indicates a deterioration of 34.6% […]

Earnings Beat

EXCLUSIVE: High Tide CEO Highlights Major Drivers Behind Record Earnings, Market Share Growth

September 18, 2024 author

While many cannabis retailers in Canada face a tightening market, High Tide Inc. (NASDAQ:HITI) stands out with a robust increase in revenue and market share in its 2024 third-quarter financial results. On Monday, the Calgary-based company reported record revenue of CA$131.7 million ($97 million), marking a 6% increase both year-over-year and sequentially. CEO Raj Grover […]

Earnings Beat

Steel Dynamics Expects Lower Q3 Earnings Amid Pricing Pressures

September 17, 2024 author

Steel Dynamics, Inc. (NASDAQ: STLD) has issued earnings guidance for the third quarter of 2024 in the $1.94-$1.98 per share range. This represents a decline from the company’s second-quarter 2024 earnings of $2.72 per share and its third-quarter 2023 earnings of $3.47. STLD’s steel operations profitability is expected to be significantly lower than the second […]

Earnings Beat

Here’s Why You Should Add Inogen Stock to Your Portfolio Now

September 16, 2024 author

Inogen, Inc. (NASDAQ: INGN) is well-poised for growth in the coming quarters, courtesy of high prospects in the portable oxygen concentrator (POC) space. The optimism, led by solid first-quarter 2024 performance and a strong product portfolio, seems justified. However, issues like stiff competition and forex volatility are major downsides. The Zacks Rank #2 (Buy) company’s shares […]

Earnings Beat

KIDS Stock Gains From Its New Enabling Technologies Division Launch

September 16, 2024 author

OrthoPediatrics Corp. (NASDAQ: KIDS) recently launched its Enabling Technologies division, which will leverage the company’s core mission of addressing unmet pediatric needs in orthopedics. The advancement with the latest launch positions OrthoPediatrics at the forefront of the pediatric digital health and enabling technologies sectors. Following the announcement, shares of OrthoPediatrics rose 2.15% to $32.38 on Friday. […]

Earnings Beat

Here’s Why Investors Should Retain American Airlines Stock Now

September 13, 2024 author

American Airlines’ (NASDAQ: AAL) efforts to expand and enhance its global network are commendable. The company’s proactive initiative to create 500 new aviation jobs is serving well for the company and the economy. However, AAL has been grappling with soft market conditions and increased operating costs. Factors Favoring AAL American Airlines’ initiative to create nearly […]

Earnings Beat

FULC Stock Falls as Muscle Disorder Study Misses Primary Goal

September 13, 2024 author

Shares of Fulcrum Therapeutics, Inc. (NASDAQ: FULC) plunged 61.1% on Sept. 12 after the company announced disappointing top-line data from the phase III REACH study, which evaluated its pipeline candidate, losmapimod, for treating patients with facioscapulohumeral muscular dystrophy (FSHD), a rare and debilitating disease. Currently, there are no treatments approved for the given indication. The […]

Earnings Beat

Affirm’s Survey Reveals 0% APR Option Impact, CEO Outlines Growth Plan

September 13, 2024 author

Affirm Holdings, Inc. (NASDAQ: AFRM) recently unveiled results from its latest survey, highlighting consumer shopping behaviors before the holiday season of 2024. The study of 2,000 Americans unveiled how the 0% annual percentage rate (APR) options would influence consumers while making purchase decisions and how confident they are about budgeting. This bodes well for a company […]

Earnings Beat

RH Shares Leap On Heels Of Q2 Revenue Report, But Analysts Say Management Is ‘Too Optimistic’

September 13, 2024 author

Shares of RH (NYSE:RH) climbed 23.6% at last check Friday, after the company reported upbeat second-quarter results. The company, also known as Restoration Hardware, reported its results amid an exciting earnings season. Here are some key analyst takeaways. Bank of America analyst Curtis Nagle reiterated a Buy rating, while lifting the price target from $310 […]

Earnings Beat

Can QGEN Stock Gain From the Expanded Bio-Manguinhos/Fiocruz Alliance?

September 13, 2024 author

QIAGEN N.V. (NYSE: QGEN) announced the expansion of its strategic partnership with Bio-Manguinhos/Fiocruz, a leading vaccines and diagnostics supplier to the Brazilian Ministry of Health. Initiated in 2009, the expanded collaboration allows Bio-Manguinhos to launch an advanced PCR (Polymerase Chain Reaction)-based molecular screening platform to detect malaria alongside HIV, hepatitis B and C virus, a capability […]

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