Tag: technology

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Carvana Beats Revenue and Profit in Q4, Shares Fall Pre-Market

Carvana (CVNA) beats revenue and profit estimates in Q4, but shares drop after hours. The online car dealer reports record annual revenue and adjusted EBITDA, but warns of rising costs and supply chain issues.

Shake Shack Earnings: Revenue Meets Estimates, Stock Gains

Shake Shack (SHAK) Q4 Earnings: Revenue Meets Expectations, Earnings Beat, Stock Soars; Revenue Growth, Strong Same-Store Sales, Positive Guidance Highlight Growth Story

Lamar Advertising Reports Q4 Funds From Operations

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.

City Office REIT reports Q4 FFO of $11.7M

City Office REIT Inc. (CIO) reports funds from operations of $11.7 million in its fourth quarter, a key measure of profitability.

Choice Hotels Q4 Earnings Beat Estimates

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.

Hasbro beats Street forecasts

Hasbro reports a smaller fourth-quarter loss than expected, driven by increased revenue

Donegal Group reports Q4 earnings of $24 million

Donegal Group Inc. (DGICA) reported fourth-quarter earnings of $24 million, or 70 cents per share. Adjusted earnings were 69 cents per share.

ESAB Q4 Earnings Top Estimates

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.

Musk's Government Efficiency Drive: Relentless but Unclear on 'Savings'

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.

Palantir (PLTR) Plunges After Report of Pentagon Budget Cuts

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.