BYD Outsells Tesla In Europe, But These ETFs Still Back Elon's EV Empire
Benzinga· 2025-05-22 17:22
Chinese carmaker BYD Company ADR BYDDY might have stolen the April electric vehicle title in Europe, but markets didn’t bat an eyelid. Neither did Tesla TSLA shares.BYD sold 7,231 battery electric cars (BEVs) in Europe in April, edging out Tesla, which sold 7,165, new figures from JATO Dynamics show. Although the milestone represents a symbolic turning point in the European EV battle, it didn’t dent investor faith, as Tesla shares gained more than 2% on the day of the news.It's the first time a Chinese bran ...
ZTO Express Q1 Earnings Flat Y/Y, Revenues Miss Estimates
ZACKS· 2025-05-22 17:21
Core Insights - ZTO Express reported first-quarter 2025 earnings of 37 cents per share, matching the previous year's quarter, while total revenues of $1.50 billion fell short of the Zacks Consensus Estimate of $1.67 billion but showed year-over-year improvement [1] Financial Performance - The core express delivery business revenue increased by 9.8% year over year, driven by a 19.1% growth in parcel volume, despite a 7.8% decrease in parcel unit price [3] - Adjusted net income for the quarter was $2.3 billion, with retail volume increasing by 46% year over year [2] - Gross profit decreased by 10.4% from the year-ago quarter, with gross margin falling to 24.7% from 30.1% [4] Operational Highlights - ZTO achieved a parcel volume of 8.5 billion during the first quarter [2] - KA revenues, generated by direct sales organizations, surged by 129.3%, attributed to an increase in e-commerce return parcels [3] - Revenue from freight forwarding services declined by 11.6% year over year due to falling cross-border e-commerce pricing [3] Cash and Share Repurchase Program - As of the end of the first quarter, ZTO had cash and cash equivalents of $1.71 billion, down from $1.84 billion at the end of the previous quarter [5] - The board approved an increase in the share repurchase program to $2 billion, extending the effective period through June 30, 2025 [5][6] Guidance - ZTO reaffirms its 2025 parcel volume guidance of 40.8 billion to 42.2 billion, indicating a year-over-year growth of 20-24% [7]
Why Elbit (ESLT) Might be Well Poised for a Surge
ZACKS· 2025-05-22 17:21
Investors might want to bet on Elbit Systems (ESLT) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this maker of defense electronics, should get reflected in its stock price. After all, empirical research shows a strong corre ...
Why Bitcoin Depot Inc. (BTM) Might be Well Poised for a Surge
ZACKS· 2025-05-22 17:21
Investors might want to bet on Bitcoin Depot Inc. (BTM) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between tr ...
Can ZoomInfo (GTM) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-05-22 17:21
Investors might want to bet on ZoomInfo (GTM) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ea ...
Earnings Estimates Rising for OptimizeRx (OPRX): Will It Gain?
ZACKS· 2025-05-22 17:21
OptimizeRx Corp. (OPRX) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisio ...
Surging Earnings Estimates Signal Upside for NCR Voyix (VYX) Stock
ZACKS· 2025-05-22 17:21
NCR Voyix (VYX) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.Analysts' growing optimism on the earnings prospects of this maker of ATMs and other hardware and software to handle payments is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in e ...
Enphase: Trump Tax Bill Crashes The Solar Sector - What's Next
Seeking Alpha· 2025-05-22 17:18
Enphase Energy, Inc. (NASDAQ: ENPH ) plunged after the House of Representatives approved the tax and spending bill, adding to pressures from tariffs and a downturn. The company also appears to be facing competitive pressures that may be callingJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with strict valuation hurdles ...
Greater Houston Resiliency Initiative Phase Two Update: CenterPoint Energy completes 100% of all critical resiliency actions early and ahead of 2025 hurricane season
Prnewswire· 2025-05-22 17:17
Over last 10 months, during Phase One and Two, CenterPoint has installed more than 26,000 stronger, more storm-resilient poles; undergrounded 400 miles of power lines; added 5,150 automation devices; cleared more than 6,000 miles of higher-risk vegetation; and installed 100 weather monitoring stations around the Greater Houston area Actions will improve reliability for customers and reduce outages by more than 125 million minutes annually Company to announce the remainder of GHRI 2025 targets in early JuneH ...
Should You Buy, Hold or Sell OKTA Stock Before Q1 Earnings Release?
ZACKS· 2025-05-22 17:16
Okta (OKTA) is set to release first-quarter fiscal 2026 results on May 27.For the fiscal first quarter of 2026, Okta anticipates non-GAAP earnings in the range of 76-77 cents per share. Revenues are expected to be in the range of $678-$680 million, indicating growth of 10% from the year-ago period’s reported figure.The Zacks Consensus Estimate for earnings has remained steady at 77 cents per share over the past 30 days, indicating year-over-year growth of 18.46%. The consensus mark for revenues is pegged at ...