Air Products Stock Tumbles on Weak Profit Forecast
Air Products and Chemicals shares tumbled Friday after the company's earnings outlook for the current quarter missed estimates.
Air Products and Chemicals shares tumbled Friday after the company's earnings outlook for the current quarter missed estimates.
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session after the company reported underwhelming fourth-quarter results: its revenue and operating income guidance for the next quarter both fell short of Wall Street's estimates.
Shares of cloud security and compliance software provider Qualys (NASDAQ:QLYS) fell 7% in the pre-market session after the company reported weak fourth-quarter results. The company's 2025 revenue guidance indicates a slowdown, with projected growth of 6–8% compared to 10% in 2024. This reduced sales outlook dragged down full-year earnings projections, missing earlier targets. Yet billings climbed 13%, topping analyst forecasts and hinting at healthy customer demand, but the market reacted negat
Shares of payments and billing software maker Bill.com (NYSE:BILL) fell 34.7% in the morning session after the company reported weak fourth-quarter results. Revenue was just in line, although operating profit beat expectations. The company's core revenue, driven by subscription and transaction fees, rose 16%, but growth appears to be slowing compared to previous quarters. Also, Bill.com's revenue guidance for next quarter missed significantly, and this seems to be weighing heavily on shares, sh
Shares of life sciences company Avantor (NYSE:AVTR) fell 9.4% in the afternoon session after the company reported weak fourth quarter results. Its revenue missed and its organic revenue fell slightly short of Wall Street's estimates. Despite the return to organic growth and margin improvements enabling the company to beat analysts' EBITDA and earnings estimates, markets seem unimpressed. The top line miss indicates the bar set for the company is high, and as the company recovers from weaknesses
The March natural gas contract has experienced record-breaking volatility due to factors like polar vortex events, trade tensions, increased energy demand from artificial intelligence, and rising liquefied natural gas exports, leaving traders uncertain about price direction.
Shares of genomics company Illumina (NASDAQ:ILMN) fell 8.6% in the morning session after the company reported fourth-quarter results and provided full-year revenue guidance, which fell below Wall Street's expectations. The guidance did not account for the potential impact of the China Ministry of Commerce's decision to add the company to its 'unreliable entity list.'
Shares of pool products retailer Leslie’s (NASDAQ:LESL) fell 24.4% in the afternoon session after the company reported weak fourth-quarter results. Revenue barely beat forecasts, with growth remaining flat. Gross margin shrank because of stock write-downs and higher rent and shipping costs. The weaker margins contributed to an earnings loss, which missed estimates. The forecast was also weak as EBITDA guidance for the next quarter fell short of Wall Street's estimates. Overall, this was a softer
Shares of social commerce platform Pinterest (NYSE: PINS) jumped 26% in the pre-market session after the company reported fourth-quarter results, which beat analysts' revenue and EBITDA expectations. Its quarterly guidance for both metrics outperformed Wall Street's estimates. The growth was driven by a record-high 553 million global monthly active users (MAUs), up 11%, and a 6% increase in global average revenue per user (ARPU). Overall, we think this was a good quarter with some key metrics a
Shares of video game publisher Take Two (NASDAQ:TTWO) jumped 15.3% in the afternoon session after the company reported strong fourth-quarter results and provided quarterly revenue guidance and full-year EPS outlook, which beat analysts' expectations. The company also confirmed its much-anticipated GTA VI title will come out in the fall of this year. The pipeline for the year is also stacked with popular titles, including Civilization VII, Mafia, and Borderlands 4. Management was upbeat about the