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Mastercard's Cross-Border Surge And Pricing Actions Drive Analyst Optimism
Benzinga· 2025-05-02 18:36
JP Morgan analyst Tien-tsin Huang reiterated an Overweight rating on Mastercard Inc. MA on Friday, with a price target of $610.Mastercard reported fiscal first-quarter net revenues of $7.25 billion, up 14%, beating the analyst consensus estimate of $7.12 billion.Adjusted EPS rose 13% to $3.73, exceeding the analyst consensus estimate of $3.57.Also Read: Mastercard Lifts Annual Outlook After Q1 Beat, Fueled By Cross-Border SurgeRevenue yield was ~0.9 bps ahead of Huang’s expectation and up two bps over the p ...
Nasdaq Surges Over 300 Points; Apple Shares Fall After Q2 Results
Benzinga· 2025-05-02 18:33
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite surging more than 300 points on Friday.The Dow traded up 1.43% to 41,337.37 while the NASDAQ climbed 1.76% to 18,023.33. The S&P 500 also rose, gaining, 1.61% to 5,694.47.Check This Out: Jim Cramer: Sunrun Had ‘Bad Couple Of Quarters,’ ExlService Holdings Is ‘Solid’Leading and Lagging SectorsCommunication services shares jumped by 2.7% on Friday.In trading on Friday, consumer staples stocks rose by just 0.6%.Top HeadlineShares of ...
Apple Stock Faces 'Tariff-Related Headwinds': 4 Analysts Break Down Q2 Results, What's Next
Benzinga· 2025-05-02 18:31
Apple Inc AAPL analysts adjust price targets and earnings estimates after the tech giant announced the impact of tariffs after its second-quarter financial results.The Apple Analysts: Rosenblatt analyst Barton Crockett downgraded Apple stock from Buy to Neutral and lowered the price target from $263 to $217.Needham analyst Laura Martin maintained a Buy rating with a $225 price target.Goldman Sachs analyst Michael Ng maintained a Buy rating and lowered the price target from $259 to $253.Bank of America analy ...
Should You Buy, Hold or Sell Realty Income Stock Ahead of Q1 Earnings?
ZACKS· 2025-05-02 18:30
Realty Income Corporation (O) , a leader in the net lease sector, is slated to release first-quarter 2025 results on May 5, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s adjusted funds from operations (FFO) and revenues is pegged at $1.06 per share and $1.38 billion, respectively.The Zacks Consensus Estimate for first-quarter 2025 adjusted FFO per share has remained unrevised at $1.06 over the past two months. However, it suggests 2.9% growth year over year. The Zacks Con ...
LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit
Prnewswire· 2025-05-02 18:30
NEW YORK, May 2, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Open Lending Corporation (NASDAQ: LPRO) between February 24, 2022 and March 31, 2025, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than June 30, 2025.So what: If you purchased Open Lending securities during the Class Period you may be entitled to compensation ...
Pony AI vs. Tesla: Wall Street Is Torn on One of These Autonomous Vehicle Stocks, but Says to Buy the Other Because It Could Double
The Motley Fool· 2025-05-02 18:25
Investors have certainly taken an interest in companies working on unsupervised full self-driving (FSD) capabilities, since they could be on the precipice of a massive new industry. Early entrants into new markets can quickly take market share and grab attention, developing a first-mover advantage.Several companies have built the technology for cars to drive themselves unsupervised, although we are not quite at the level of commercialization, which is where these autonomous vehicle companies will need to be ...
SM Energy Q1 Earnings Surpass Estimates on Higher Production Volumes
ZACKS· 2025-05-02 18:25
SM Energy Company (SM) reported first-quarter 2025 adjusted earnings of $1.76 per share, which surpassed the Zacks Consensus Estimate of $1.60. The bottom line also increased from the year-ago quarter’s figure of $1.41.Total quarterly revenues of $845 million beat the Zacks Consensus Estimate of $822 million. The top line increased from the year-ago quarter’s level of $560 million. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The strong quarterly results were primarily driven by ...
DexCom Stock Rises Despite Q1 Earnings Miss & Lower Margins
ZACKS· 2025-05-02 18:25
DexCom, Inc. (DXCM) reported first-quarter 2025 adjusted earnings per share (EPS) of 32 cents, which missed the Zacks Consensus Estimate of 33 cents by 3%. The company also reported earnings of 32 cents per share in the prior-year quarter.DXCM registered GAAP net income per share of 27 cents, down from the year-ago quarter’s figure of 36 cents. (Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.)Revenue Details of DexcomTotal revenues grew 12% (14% on an organic basis) to $1.04 billio ...
SYK Stock Falls Despite Q1 Earnings & Sales Beat on Lower '25 EPS View
ZACKS· 2025-05-02 18:25
Stryker Corporation (SYK) reported first-quarter 2025 adjusted earnings per share (EPS) of $2.84, which beat the Zacks Consensus Estimate of $2.73 by 4%. The bottom line also improved 13.6% year over year. Our model estimate for the metric was pegged at $2.77 per share.GAAP EPS was $1.41, down 17.6% from the year-ago quarter’s level. The significant decline was primarily due to the impact of the Inari Medical acquisition and higher interest expenses. (Find the latest EPS estimates and surprises on Zacks Ear ...
BioMarin's First-Quarter Earnings & Sales Beat Estimates
ZACKS· 2025-05-02 18:25
BioMarin Pharmaceutical (BMRN) reported first-quarter 2025 adjusted earnings per share of $1.13, which beat the Zacks Consensus Estimate of 94 cents. Quarterly earnings rose 59% year over year, driven by higher product sales and lower operating expenses.Total revenues were $745 million, which rose 15% year over year on a reported basis and 17% on a constant-currency basis. The top line beat the Zacks Consensus Estimate of $737 million. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar) ...