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Liberty Oilfield Services Inc. (LBRT) reports fourth-quarter profit of $51.9 million, exceeding Wall Street expectations.
Published on: January 29, 2025, 11:09 PM UTC
Landstar (LSTR) reported Q4 revenue of $1.21B, meeting estimates but missing on EPS at $1.31 vs. $1.34 estimate. Revenue was flat YoY, with operating margin declining. Analysts forecast 7.8% revenue growth over the next 12 months, and the stock traded down 3.4% after earnings.
Published on: January 29, 2025, 11:08 PM UTC
High fire risks and legal challenges amid California's recent destructive wildfires could lead to significant liabilities for the Los Angeles Department of Water and Power (LADWP).
Published on: January 29, 2025, 11:08 PM UTC
Teradyne (TER) Q4 2024 earnings beat estimates, with revenue up 12.3% to $752.9 million and EPS of $0.95 exceeding expectations by 4.5%. Analysts see a 19.5% revenue growth in the next 12 months, suggesting its newer products and services will drive top-line performance. However, inventory levels remain high at 89 days outstanding, above the five-year average. Read our full research report for more insights.
Published on: January 29, 2025, 11:07 PM UTC
John B. Sanfilippo & Son Inc. (JBSS) reported $13.6 million in profit for the fiscal second quarter.
Published on: January 29, 2025, 11:07 PM UTC
Teradyne Inc. (TER) reported fourth-quarter net income of $146.3 million, or 90 cents per share. Adjusted earnings came to 95 cents per share, topping Wall Street estimates of 90 cents per share. Revenue reached $752.9 million, also exceeding expectations of $740.7 million. For the year, the company reported profit of $542.4 million, or $3.32 per share, with revenue at $2.82 billion.
Published on: January 29, 2025, 11:06 PM UTC
Teradyne, a semiconductor-testing equipment manufacturer, forecasts Q1 revenue below estimates amid softened demand. Shares fell 2% after-hours.
Published on: January 29, 2025, 11:05 PM UTC
Bond traders remain uncertain about interest rates after the Federal Reserve meeting, as President Trump's policies create ambiguity. The Fed paused its rate-cutting cycle, citing progress in inflation control. However, Chair Powell declined to comment on the potential impact of Trump's tariff and tax policies on the economy, leaving traders cautious. Treasury yields were little changed, reflecting the Fed's wait-and-see approach and uncertainty about Trump's policies.
Published on: January 29, 2025, 11:04 PM UTC
Meritage Homes beat Q4 revenue estimates but missed full-year sales guidance. Revenue fell 2.8% YoY, but EPS was $4.72 vs. $4.48 estimates. The company reports a backlog of $629.5 million, down 42.1% YoY. Read our full report on Meritage Homes' Q4 results.
Published on: January 29, 2025, 11:04 PM UTC
Federal Reserve Chair Jerome Powell's comments eased initial concerns about inflation, leading to a slight recovery in stocks and a rise in short-term bond yields. However, volatility remains in the tech sector amid concerns over competition from artificial intelligence models.
Published on: January 29, 2025, 11:04 PM UTC