Garmin Stock Surges to All-Time High on Strong Outlook
Garmin shares surged to an all-time high Wednesday after the company's fourth-quarter results and full-year outlook exceeded analysts' expectations.
Garmin shares surged to an all-time high Wednesday after the company's fourth-quarter results and full-year outlook exceeded analysts' expectations.
Shares of low code software development platform provider Appian (Nasdaq: APPN) jumped 21.1% in the afternoon session after the company reported strong fourth quarter results that beat analysts' revenue, EPS, and adjusted operating income expectations. Cloud subscription revenue, its key growth driver, increased 19% y/y, fueling a 15% rise in total sales. In addition, its full-year EPS and EBITDA guidance topped Wall Street's estimates. Margins improved significantly, with GAAP operating income
Shares of real estate technology company Compass (NYSE:COMP) jumped 24.2% in the afternoon session after the company reported strong Q4 2024 results, with revenue and EBITDA exceeding Wall Street's expectations. Transactions surged, outpacing the growth observed in the real estate market. In addition, Compass provided optimistic revenue and EBITDA guidance for the next quarter, both of which beat analysts' expectations, indicating momentum is improving. Zooming out, we think this was a good quar
Shares of telehealth company Hims & Hers Health (NYSE:HIMS) jumped 24.8% in the afternoon session after the company announced the acquisition of Sigmund (marketed as Trybe Labs), which will allow it to introduce home lab testing through its platform. This capability is expected to help its subscribers test and identify diseases with more accuracy. The data generated from these new features is expected to support AI initiatives like MedMatch, which aim to improve treatment recommendations.
Shares of homebuilding company Toll Brothers (NYSE:TOL) fell 7.8% in the afternoon session after the company reported weak fourth-quarter results. Its revenue missed significantly, and its EPS fell short of Wall Street's estimates as margins shrunk. Also, its backlog value fell by 2% relative to the previous year, suggesting some moderation in future sales, and the company called out that "affordability constraints and growing inventories in certain markets are pressuring sales." Overall, this w
Shares of fast-food chain Wingstop (NASDAQ:WING) fell 13.9% in the afternoon session after the company reported underwhelming fourth-quarter earnings: its same-store sales, revenue, and full-year revenue guidance fell short of Wall Street's estimates. Domestic same-store sales, which drive the bulk of revenues, grew 10.1%, a sharp deceleration from 21.2% growth in the prior year. On the other hand, Wingstop blew past analysts' EPS and EBITDA expectations, but management guided for low-to-mid sin
Shares of renewable energy and infrastructure solutions provider Gibraltar Industries (NASDAQ:ROCK) jumped 19.4% in the morning session after the company reported impressive fourth-quarter results and provided optimistic full-year revenue, EPS, and EBITDA guidance, which beat analysts' expectations. Despite an 8.1% decline in sales, earnings outperformed significantly during the quarter, as margins improved in the Agtech and Infrastructure segments. Notably, the underwhelming sales growth was du
Intel stock fell Wednesday, ending a massive upswing that saw the stock notch its biggest five-day gain in its history as a publicly traded company.
Shares of solar power systems company SolarEdge (NASDAQ:SEDG) jumped 35.2% in the pre-market session after the company reported impressive fourth-quarter results, which blew past analysts' revenue expectations. In addition, it posted positive free cash flow and guided for more of the same in 2025 (both Q1 and full year). On the other hand, its EBITDA and EPS fell short of Wall Street's estimates. Still, the company emphasized its 'turnaround story,' likely giving investors more reasons to stay p
Shares of flow control equipment manufacturer Flowserve (NYSE:FLS) fell 9.8% in the pre-market session after the company reported disappointing fourth-quarter results: Its EPS missed significantly, and its revenue fell short of Wall Street's estimates. On the other hand, Flowserve blew past analysts' backlog expectations this quarter. Still, this was a weaker quarter.