Dow Surges Over 300 Points; McDonald's Posts Weak Revenue
Benzinga· 2025-05-01 17:16
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 300 points on Thursday.The Dow traded up 0.84% to 41,009.52 while the NASDAQ climbed 2.31% to 17,849.38. The S&P 500 also rose, gaining, 1.30% to 5,641.55.Check This Out: Top 2 Real Estate Stocks That May Keep You Up At Night In MayLeading and Lagging SectorsInformation technology shares rose by 3.3% on Thursday.In trading on Thursday, health care stocks dipped by 2%.Top HeadlineMcDonald’s Corp MCD posted weaker-than-exp ...
PPC Q1 Earnings Beat Estimates, U.S. Operations Drive Sales Growth
ZACKS· 2025-05-01 17:15
Pilgrim’s Pride Corporation (PPC) reported first-quarter 2025 results, with both top and bottom lines increasing from the year-ago quarter. Also, the company’s earnings surpassed the Zacks Consensus Estimate. PPC benefited from its portfolio diversification strategies, operational excellence, branded offerings and key customer partnerships.PPC’s Q1 Results in DetailPilgrim's Pride reported adjusted earnings of $1.31 per share, surpassing the Zacks Consensus Estimate of $1.26. Also, the figure increased from ...
Equinor Misses Q1 Earnings Estimates, Expects '25 Output to Grow 4%
ZACKS· 2025-05-01 17:15
Equinor ASA (EQNR) reported first-quarter 2025 adjusted earnings per share (EPS) of 66 cents, which missed the Zacks Consensus Estimate of 83 cents. The bottom line declined 32% from the year-ago quarter’s 96 cents.Total quarterly revenues of $29.92 billion increased from $25.14 billion in the prior-year quarter. The top line also surpassed the Zacks Consensus Estimate of $28.21 billion. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Weak quarterly earnings can be attributed to low ...
Moderna Expands Cost-Cutting Program By Up To $1.7 Billion, FDA Approval For Flu/COVID-19 Combo Shot Delayed Into 2026
Benzinga· 2025-05-01 17:14
Moderna Inc. MRNA reported on Thursday a first-quarter EPS loss of $(2.52), missing the consensus of $(3.12), down from an EPS loss of $(3.07) a year ago.The COVID-19 vaccine maker reported quarterly sales of $108 million, down from $167 billion a year ago, beating the consensus of $106.20 million.The decline was primarily driven by lower net product sales, which totaled $86 million in the quarter.The reduction in product sales reflects lower vaccination rates compared to the same period last year and the c ...
Procter & Gamble Vs Colgate: Which is a Smarter Stock to Own Now?
ZACKS· 2025-05-01 17:10
In the dynamic world of consumer goods, a few names command as much global recognition and market influence as The Procter & Gamble Company (PG) and Colgate-Palmolive Company (CL) . Both companies operate within the consumer-packaged goods (CPG) industry, catering to everyday needs through a wide array of personal care, hygiene and household products.Procter & Gamble is a multi-national giant with a broad portfolio ranging from diapers to detergents. Colgate is a global leader in oral care and personal hygi ...
Annaly Q1 Earnings Surpass Estimates, Book Value Declines Y/Y
ZACKS· 2025-05-01 17:10
Annaly Capital Management, Inc. (NLY) reported first-quarter 2025 adjusted earnings available for distribution (EAD) per average share of 72 cents, which beat the Zacks Consensus Estimate of 71 cents. The figure increased from 64 cents in the year-ago quarter.NLY’s average yield on interest-earning assets improved in the reported quarter. However, the company recorded a year-over-year decline in book value per share (BVPS).Inside Annaly’s HeadlinesNet interest income (NII) was $219.9 million in the reported ...
Will Cisco (CSCO) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-05-01 17:10
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Cisco Systems (CSCO) , which belongs to the Zacks Computer - Networking industry.This seller of routers, switches, software and services has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 3.95%.For the last reported quarter, Cisco cam ...
Why Harmony Biosciences (HRMY) Could Beat Earnings Estimates Again
ZACKS· 2025-05-01 17:10
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Harmony Biosciences Holdings, Inc. (HRMY) , which belongs to the Zacks Medical - Biomedical and Genetics industry, could be a great candidate to consider.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 19.15%.Fo ...
Judge slams Apple, rules Tim Cook ‘chose poorly' in alleged defiance of antitrust ruling
New York Post· 2025-05-01 17:10
Apple faces possible criminal charges after a federal judge ruled the tech giant violated an antitrust order related to App Store restrictions — and singled out CEO Tim Cook for allegedly rejecting his deputies’ advice to comply with the ruling.In an explosive decision Wednesday, US District Judge Yvonne Gonzalez Rogers wrote that Cook “chose poorly” when he directed his charges to allegedly defy a court order in connection with Apple’s long-running dispute with Epic Games.The “Fortnite” maker accused Apple ...
LXP Industrial Trust (LXP) Q1 2025 Results Conference Call Transcript
Seeking Alpha· 2025-05-01 17:09
LXP Industrial Trust (NYSE:LXP) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Heather Gentry - Investor Relations Will Eglin - Chief Executive Officer Brendan Mullinix - Chief Investment Officer James Dudley - Executive Vice President Nathan Brunner - CFO Conference Call Participants James Kammert - Evercore John Petersen - Jefferies James Kammert - Evercore ISI Operator Good morning. My name is Aaron, and I will be your conference operator for today. At this time, I would lik ...