Specialty food company Lancaster Colony (NASDAQ:LANC) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 4.8% year on year to $509.3 million. Its GAAP profit of $1.78 per share was 8.2% below analysts’ consensus estimates.
Healthcare tech company Premier (NASDAQ:PINC) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 28.2% year on year to $240.3 million. The company’s full-year revenue guidance of $975 million at the midpoint came in 1.6% below analysts’ estimates. Its non-GAAP profit of $0.25 per share was 16% below analysts’ consensus estimates.
Global pharmaceutical company Merck (NYSE:MRK) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 6.8% year on year to $15.62 billion. On the other hand, the company’s full-year revenue guidance of $64.85 billion at the midpoint came in 3.7% below analysts’ estimates. Its non-GAAP profit of $1.72 per share was 2.4% above analysts’ consensus estimates.
Biotech company Regeneron (NASDAQ:REGN) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 10.3% year on year to $3.79 billion. Its non-GAAP profit of $12.07 per share was 7.8% above analysts’ consensus estimates.
Food and beverage company PepsiCo (NASDAQ:PEP) met Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $27.78 billion. Its non-GAAP profit of $1.96 per share was 0.9% above analysts’ consensus estimates.
Electrical safety company Atkore (NYSE:ATKR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 17.1% year on year to $661.6 million. Its non-GAAP profit of $1.63 per share was 4.9% above analysts’ consensus estimates.
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Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Watsco (NYSE:WSO) and the best and worst performers in the infrastructure distributors industry.