Published on January 23, 2025, 05:00 PM UTC
U.S. stock futures mixed as Walmart earnings outlook weighs, Dow futures down 0.3%
Published on: February 21, 2025, 02:02 PM UTC
Mortgage rates dip slightly, holding steady near 7%, as inflation data has limited impact on financial markets.
Published on: February 20, 2025, 06:02 PM UTC
Somnigroup International Inc. (SGI) reported fourth-quarter earnings of $71.9 million, exceeding Wall Street expectations. Earnings per share were 40 cents, and adjusted earnings were 60 cents per share. Revenue for the period was $1.21 billion, also beating estimates. For the year, the company reported a profit of $384.3 million, or $2.16 per share, on revenue of $4.93 billion. Somnigroup expects full-year earnings in the range of $2.60 to $3 per share.
Published on: February 20, 2025, 12:06 PM UTC
US future markets drop after record highs; Fed minutes suggest pause in rate cuts
Published on: February 20, 2025, 05:01 AM UTC
Mister Car Wash (MCW) Q4 revenue beat estimates, with sales up 9.1% to $251.2 million. Non-GAAP profit of $0.09 per share was 25.1% above consensus. Full-year revenue guidance missed expectations by 2.3% and EBITDA guidance fell short. Same-store sales grew 6% year-over-year.
Published on: February 19, 2025, 10:09 PM UTC