Posts with tag: innovation
Lamar Advertising reports Q4 FFO of $226.5 million, a 1 cent loss per share, and revenue of $579.6 million. Full-year FFO is $819 million, with revenue of $2.21 billion. Lamar expects full-year FFO in the range of $8.13 to $8.28 per share.
Published on: February 20, 2025, 12:08 PM UTC
Choice Hotels International Inc. (CHH) reported fourth-quarter net income of $75.8 million, or $1.59 per share. Adjusted earnings were $1.55 per share, exceeding Wall Street expectations. Revenue was $389.8 million, also topping forecasts.
Published on: February 20, 2025, 12:06 PM UTC
Hasbro reports a smaller fourth-quarter loss than expected, driven by increased revenue
Published on: February 20, 2025, 12:05 PM UTC
Donegal Group Inc. (DGICA) reported fourth-quarter earnings of $24 million, or 70 cents per share. Adjusted earnings were 69 cents per share.
Published on: February 20, 2025, 12:05 PM UTC
Esab Corp (ESAB) reported Q4 EPS of $1.28, exceeding Wall Street expectations of $1.15. Revenue of $670.8 million fell short of estimates, with adjusted revenue of $633.2 million missing forecasts. For the year, the company reported EPS of $4.31 on revenue of $2.59 billion. Esab projects FY23 EPS in the range of $5.10 to $5.25.
Published on: February 20, 2025, 12:05 PM UTC
US stocks advanced on Wednesday, driven by investors' deliberations over President Trump's latest 25% tariff salvo and insights from the Federal Reserve minutes regarding future policy adjustments. The benchmark S&P 500 (^GSPC) rose about 0.2%, reaching a fresh record high of 6,144.15 after recording a high on Tuesday as well. Both the Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) rose approximately 0.1%.
Published on: February 20, 2025, 12:03 PM UTC
Elon Musk's government efficiency commission claims billions in savings through canceled and renegotiated contracts, but experts question the accuracy of those figures and the impact on the federal workforce and economy.
Published on: February 20, 2025, 12:02 PM UTC
Palantir (PLTR) stock fell 10% on Wednesday after a Washington Post report said the Trump administration has told the Pentagon to plan for large budget cuts over the next five years.
Published on: February 20, 2025, 12:02 PM UTC
Pharmaceutical companies and PBMs clash in Washington as the Trump administration weighs in on the industry's biggest lobbying priorities.
Published on: February 20, 2025, 12:01 PM UTC
Italian spirits group Davide Campari plans restructuring to regain financial health, considering workforce reduction by 10%.
Published on: February 20, 2025, 12:01 PM UTC