Tesla stock rises after company pledges return to growth after Q4 results disappoint
Tesla's fourth quarter earnings disappointed, but the company's commitment to returning to growth in 2025 saw shares rise in extended trading on Wednesday.
Tesla's fourth quarter earnings disappointed, but the company's commitment to returning to growth in 2025 saw shares rise in extended trading on Wednesday.
(Bloomberg) -- Bank of Montreal is stepping into a booming product category that offers exposure to popular global stocks while hedging against currency volatility, becoming the second Canadian bank to do so. Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTrump Paves the Way to Deputize Local Police on ImmigrationUS Students’ Reading Scores Drop
When buying a home -- be it to live in or to rent out to generate passive income -- it's important to know your local housing market conditions. Is it strong, stable and growing? Are mortgage rates...
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong. Applications for jobless benefits fell by 16,000 to 207,000 for the week ending January 25, the Labor Department said Thursday. Analysts were expecting 225,000 new applications.
Satellite radio and media company Sirius XM (NASDAQ:SIRI) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 4.3% year on year to $2.19 billion. On the other hand, the company’s full-year revenue guidance of $8.5 billion at the midpoint came in 0.6% below analysts’ estimates. Its GAAP profit of $0.83 per share was 17% above analysts’ consensus estimates.
E-commerce florist and gift retailer 1-800-FLOWERS (NASDAQ:FLWS) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 5.7% year on year to $775.5 million. Its non-GAAP profit of $1.08 per share was 9.2% below analysts’ consensus estimates.
Specialty vehicles contractor Oshkosh (NYSE:OSK) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 6.3% year on year to $2.62 billion. The company’s full-year revenue guidance of $10.6 billion at the midpoint came in 3.4% above analysts’ estimates. Its non-GAAP profit of $2.58 per share was 18.2% above analysts’ consensus estimates.
Recreational boats manufacturer Malibu Boats (NASDAQ:MBUU) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 5.1% year on year to $200.3 million. Its non-GAAP profit of $0.31 per share was 73.6% above analysts’ consensus estimates.
Boat and marine products retailer OneWater Marine (NASDAQ:ONEW) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 3.2% year on year to $375.8 million. On the other hand, the company’s full-year revenue guidance of $1.78 billion at the midpoint came in 1.7% below analysts’ estimates. Its non-GAAP loss of $0.54 per share was 36% above analysts’ consensus estimates.