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Markel Group Inc. (MKL) reported Q4 net income of $518.7 million ($38.74 per share), exceeding Wall Street's estimate of $19.54 per share. Revenue was $3.84 billion, with adjusted revenue of $3.72 billion, slightly below expectations. For the year, the company reported profit of $2.64 billion ($199.32 per share) and revenue of $14.81 billion.

Published on: February 05, 2025, 11:05 PM UTC

Tariffs impact Polestar, an EV maker owned by Geely. The company feels the pain of China-originated goods tariffs and a 100% EV tariff levied by Biden. Despite these challenges, Polestar plans to expand its US manufacturing footprint and forecasts a 30-35% growth rate.

Published on: February 05, 2025, 05:01 PM UTC

Ares Capital Corp. (ARCC) reported fourth-quarter earnings of $357 million, or 55 cents per share, missing Wall Street expectations. Revenue was $759 million, also below estimates. For the year, profit was unchanged at $1.52 billion, earnings per share fell to $2.44, and revenue was $2.99 billion. Ares Capital shares are up 9% YTD and 19% over the past year.

Published on: February 05, 2025, 12:06 PM UTC

US Lawmakers Propose Stablecoin Bill and Digital Asset Regulatory Framework to Provide Clarity for Crypto Industry

Published on: February 05, 2025, 01:02 AM UTC

Kimball Electronics (KE) missed Q4 revenue expectations, with a 15.2% year-on-year decline. However, non-GAAP profit of $0.29 per share beat estimates by 28.9%. Despite lowering revenue guidance for the full year, KE reported positive operating cash flow, reduced inventory levels, and paid down debt. Analysts expect a 5.6% revenue decline over the next 12 months.

Published on: February 04, 2025, 11:05 PM UTC

H&R Block (HRB) beats Q4 revenue estimates but EPS and EBITDA miss. Revenue was flat YoY at $179.1 million, with a non-GAAP loss per share of $1.73. The company reconfirmed its full-year revenue guidance of $3.72 billion and adjusted EPS of $5.25. Despite the mixed results, analysts expect revenue growth of 3.1% over the next 12 months.

Published on: February 04, 2025, 10:04 PM UTC

Jacobs Solutions reports strong first-quarter earnings, with revenue growth in Infrastructure & Advanced Facilities segment fueled by water and life sciences demand.

Published on: February 04, 2025, 01:07 PM UTC

Inflation Remained Elevated in December, Data Shows, Keeping Fed on Hold

Published on: January 31, 2025, 11:02 PM UTC

AbbVie forecasts strong profit growth in 2025, driven by the growth of Skyrizi and Rinvoq to offset the decline of Humira. The company expects to generate more than $31 billion from Skyrizi and Rinvoq by 2027.

Published on: January 31, 2025, 01:03 PM UTC

OneMain Holdings Inc. (OMF) reported Q4 earnings of $126M ($1.05/share) and revenue of $1.32B ($1.01B adjusted). Adjusted EPS of $1.16 beat Wall Street expectations of $1.12; adj. revenue beat $994.4M estimates. Zacks Investment Research offers a stock report for OMF.

Published on: January 31, 2025, 12:05 PM UTC