Articles from StockStory

Fresh produce company Calavo Growers (NASDAQCVGW) reported Q3 CY2024 results exceeding the market’s revenue expectations, but sales fell by 29.5% year on year to $170 million. Its non-GAAP profit of $0.05 per share was 83.1% below analysts’ consensus estimates.

Shares of home services online marketplace ANGI (NASDAQANGI) jumped 9% in the afternoon session after IAC's board approved a plan to fully spin off its stake in Angi. As part of the move, Joey Levin will step down as IAC CEO to become Executive Chairman of Angi. The spin-off is expected to give IAC shareholders direct ownership of Angi, fully separating the two companies. It will also eliminate Angi's dual-class structure, streamlining its governance. This simplified structure is expected to support Angi's growth by providing more flexibility to make acquisitions, raise capital, and attract talent.

Shares of homebuilder KB Home (NYSEKBH) jumped 5% in the morning session after the company reported strong fourth-quarter results that exceeded analysts' backlog expectations. This figure is a leading indicator of revenue and a major focus of the markets. Its revenue also narrowly outperformed Wall Street's estimates. Management made constructive comments about the macro, noting that "Net orders rose roughly 40% year over year, as buyers continued to demonstrate a desire for homeownership and housing market conditions improved relative to last year". On the other hand, its EBITDA missed and its full-year revenue guidance fell slightly short of Wall Street's estimates. Zooming out, we think this was a mixed quarter. The market seemed to focus on the top-line strength, and the stock traded up.

Shares of machinery provider H&E (NASDAQHEES) jumped 107% in the pre-market session after the company agreed to a $4.8 billion takeover by United Rentals, with shareholders receiving $92 per share in cash. This valuation includes about $1.4 billion in net debt. This acquisition value represents more than a 100% premium over HEES's trading price a day before news of the deal was announced.

Shares of online fashion resale marketplace ThredUp (NASDAQTDUP) jumped 44.2% in the afternoon session after the company reported stronger-than-expected preliminary fourth-quarter results, signaling a return to growth. ThredUp anticipates Q4 2024 revenue for the US market between $66.7 million and $67.2 million, marking a 9% year-on-year increase, a sharp turnaround from its earlier forecast of a 6% to 2% sales decline. Gross margin is also expected to improve to between 80.2% and 80.4%. The improved sales and gross profits are expected to drive an Adjusted EBITDA margin of 6.4% to 6.9% (vs. previous guidance of 0.0% to 2.0%). 

Shares of financial services company Robinhood (NASDAQHOOD) jumped 8.8% in the morning session after Bernstein analyst Gautam Chhugani named the stock a Top Idea for 2025, highlighting its strong position in the crypto space. 

Shares of equipment rental company United Rentals (NYSEURI) jumped 5.3% in the pre-market session after the company announced it would acquire H&E Equipment Services (HEES) for $92 per share in cash, valuing the deal at approximately $4.8 billion, including $1.4 billion in net debt. 

Shares of industrial components supplier NN (NASDAQNNBR) jumped 20.2% in the morning session after the company reported impressive preliminary guidance, with full-year 2024 new business wins expected to exceed the high end of its previous forecast. Management added, "We will continue this pace of new business acquisition into 2025 and 2026 and have a $720 million pipeline to support it. 2025 is off to a great start with the simultaneous launch of fifty [50] new programs during the first quarter."

Let’s dig into the relative performance of VF Corp (NYSEVFC) and its peers as we unravel the now-completed Q3 apparel and accessories earnings season.

Life Time has had an impressive run over the past six months as its shares have beaten the S&P 500 by 17.6%. The stock now trades at $24.05, marking a 21.7% gain. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

DigitalOcean has been treading water for the past six months, holding steady at $33.48. This is close to the S&P 500’s 4.1% gain during that period.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the inspection instruments stocks, including FARO (NASDAQFARO) and its peers.

Over the past six months, Trimble has been a great trade, beating the S&P 500 by 16.8%. Its stock price has climbed to $69.30, representing a healthy 21% increase. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

Over the last six months, Littelfuse’s shares have sunk to $231.01, producing a disappointing 13% loss - a stark contrast to the S&P 500’s 4.2% gain. This might have investors contemplating their next move.

Looking back on apparel and accessories stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Carter's (NYSECRI) and its peers.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Vita Coco (NASDAQCOCO) and the rest of the beverages, alcohol, and tobacco stocks fared in Q3.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at vertical software stocks, starting with Doximity (NYSEDOCS).

Over the past six months, TreeHouse Foods’s shares (currently trading at $33.40) have posted a disappointing 11.6% loss, well below the S&P 500’s 4.2% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Chipotle currently trades at $57.40 per share and has shown little upside over the past six months, posting a middling return of 1.4%. This is close to the S&P 500’s 4.2% gain during that period.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including John Bean (NYSEJBT) and its peers.

Over the last six months, Zeta’s shares have sunk to $17.33, producing a disappointing 9.5% loss - a stark contrast to the S&P 500’s 4.2% gain. This may have investors wondering how to approach the situation.

Shareholders of Jack in the Box would probably like to forget the past six months even happened. The stock dropped 25.4% and now trades at $38.50. This was partly due to its softer quarterly results and might have investors contemplating their next move.

American Airlines has been on fire lately. In the past six months alone, the company’s stock price has rocketed 67%, reaching $17.75 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how leisure products stocks fared in Q3, starting with MasterCraft (NASDAQMCFT).

Over the past six months, Sportsman's Warehouse’s shares (currently trading at $2.20) have posted a disappointing 8.7% loss, well below the S&P 500’s 4.2% gain. This might have investors contemplating their next move.

Over the last six months, Impinj’s shares have sunk to $151.29, producing a disappointing 14.1% loss - a stark contrast to the S&P 500’s 4.2% gain. This may have investors wondering how to approach the situation.

Since January 2020, the S&P 500 has delivered a total return of 78.6%. But one standout stock has nearly doubled the market - over the past five years, Curtiss-Wright has surged 145% to $355 per share. Its momentum hasn’t stopped as it’s also gained 28.7% in the last six months thanks to its solid quarterly results, beating the S&P by 24.5%.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how environmental and facilities services stocks fared in Q3, starting with BrightView (NYSEBV).

SolarEdge’s stock price has taken a beating over the past six months, shedding 45.2% of its value and falling to $14.69 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

Over the past six months, National Vision’s stock price fell to $10.58. Shareholders have lost 16.6% of their capital, which is disappointing considering the S&P 500 has climbed by 4.2%. This might have investors contemplating their next move.

Since July 2024, Fortive has been in a holding pattern, floating around $76.09. This is close to the S&P 500’s 4.2% gain during that period.

Over the past six months, Appian’s stock price fell to $32.70. Shareholders have lost 5.2% of their capital, which is disappointing considering the S&P 500 has climbed by 4.1%. This may have investors wondering how to approach the situation.

As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the shelf-stable food industry, including General Mills (NYSEGIS) and its peers.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Toll Brothers (NYSETOL) and its peers.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the casino operator stocks, including Monarch (NASDAQMCRI) and its peers.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the electronic components industry, including Allient (NASDAQALNT) and its peers.

Over the past six months, BWX has been a great trade, beating the S&P 500 by 8%. Its stock price has climbed to $111.07, representing a healthy 12.1% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Yum China (NYSEYUMC) and the rest of the traditional fast food stocks fared in Q3.

Let’s dig into the relative performance of GitLab (NASDAQGTLB) and its peers as we unravel the now-completed Q3 software development earnings season.

Let’s dig into the relative performance of WD-40 (NASDAQWDFC) and its peers as we unravel the now-completed Q4 consumer staples earnings season.

Homebuilder KB Home (NYSEKBH) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 19.5% year on year to $2 billion. On the other hand, the company’s full-year revenue guidance of $7.25 billion at the midpoint came in 1.1% below analysts’ estimates. Its GAAP profit of $2.52 per share was 3.2% above analysts’ consensus estimates.

Shares of cosmetics company e.l.f. Beauty (NYSEELF) jumped 5.2% in the afternoon session after Morgan Stanley analyst Dara Mohsenian upgraded the stock from Hold to Buy and raised the price target from $139 to $153. The new price target implied a potential 15% upside from where shares traded before the upgrade was announced. The analyst cited several factors for the upgrade, including ELF's "compelling valuation" amid the stock's recent correction and growth in international markets.

Shares of online legal service provider LegalZoom (NASDAQLZ) jumped 7.2% in the morning session after the stock received a double rating upgrade from JP Morgan. JP Morgan upgraded LZ's stock from Underweight (Sell) to Overweight (Buy), adding that the company is at "an inflection point." The firm added, "Accordingly, we place LegalZoom on Positive Catalyst Watch, expecting management to guide 2025E ahead of the Street for profitability during its 4Q24 earnings release (expected in February)."

Shares of casual sandwich chain Potbelly (NASDAQPBPB) jumped 14.8% in the morning session after the company reported strong preliminary Q4 2024 guidance. Same-store sales are now projected to grow slightly by 0.2% to 0.3% y/y, a sharp turnaround from the earlier forecasted decline of 2.5% to 0.5%. Adjusted EBITDA is expected to reach between $8.0 million and $8.4 million, up from the previous estimate of $7.0 million to $8.0 million. Management expressed positive sentiment about the improvements in both sales and profits and plans to add 38 new shop sites in 2025 to better meet rising market demand. Overall, the results underscore management's improved execution capabilities.

Shares of department store chain Macy’s (NYSEM) fell 7.3% in the afternoon session after the company disclosed disappointing preliminary fourth-quarter results, projecting sales to fall just below the lower end of its earlier forecast of $7.8 billion to $8.0 billion. Notably, same-store sales are expected to remain flat compared to the previous year. In addition, earnings are expected to remain within the previous range of $1.40 to $1.65. Overall, the results were underwhelming, given the some high expectations for holiday season spending. However, Macy's wasn't the only one to report weak holiday demand, as Five Below and Abercrombie & Fitch also didn't see the success that the market expected.

Shares of clothing and footwear retailer Zumiez (NASDAQZUMZ) fell 13.6% in the afternoon session after the company reported weak preliminary fourth quarter results, slashing its sales and earnings forecasts amid sluggish holiday demand. Net sales are now projected to fall between $275 million and $277 million, down from the earlier estimate of $284 million to $288 million. Earnings per share are expected to range from $0.72 to $0.77, below the previous guidance of $0.83 to $0.93. Management added, "After generally trending on plan through early December, we saw softer than expected results in the peak weeks of holiday." Overall, this was a challenging quarter. However, Zumiez wasn't the only one to report weak holiday demand, as Five Below and Abercrombie & Fitch also didn't see the success that the market expected.

Shares of fast-food chain Shake Shack (NYSESHAK) fell 8.1% in the afternoon session after the company reported underwhelming preliminary sales outlook for Q4 2024, barely surpassing Wall Street's expectations. However, EBITDA beat by a more convincing margin. Projections for FY2025 showed sales growth of 16%–18% year-on-year and adjusted EBITDA growth of 14%–20%, both roughly aligning with consensus estimates. However, the company's three-year financial forecast raised concerns, signaling a sharp slowdown in growth. Notably, SHAK anticipates revenue growth in the low teens and adjusted EBITDA, rising only in the low to mid-teens range. Markets typically reward companies that deliver strong earnings beats and raise future guidance. Given the company's weak growth outlook, these results point to tougher times ahead.

Shares of discount retailer Five Below (NASDAQFIVE) fell 5.4% in the morning session after the company reported underwhelming preliminary sales results for Q4 2024. Although strong holiday sales pushed updated estimates to the upper half of the prior guidance range, investors likely anticipated stronger performance. Additionally, the guidance implied a 3% to 5% decrease in comparable sales, which is worrisome. Also, earnings are expected to remain in line with the previous forecast. However, Five Below wasn't the only one to report weak results, as Macy's and Abercrombie & Fitch also didn't see the success that the market expected.

Shares of personal care company Nu Skin (NYSENUS) jumped 13.3% in the morning session after the company reported strong preliminary Q4 2024 guidance, with revenue expected to be at the high end of the previous guidance range. A day after this report, the company is expected to share updates on its strategy, including the recent sale of Mavely for $250 million. Overall, the updates provide more reasons for investors to stay optimistic.

Shares of egg and butter company Vital Farms (NASDAQVITL) jumped 7.2% in the morning session after the company announced strong growth projections for 2025 and beyond, driven by planned investments in expanding its supply chain and farm network. The company plans to install new production equipment at its Egg Central Station and add a second egg washing and packing facility in Indiana, expected to contribute over $350 million in additional revenue once operational. These decisions are geared toward meeting growing consumer demand and improving the company's leadership in the pasture-raised egg market​.

Shares of beverage company Zevia (NYSEZVIA) fell 13.8% in the afternoon session after the company reported underwhelming preliminary fourth-quarter results with expectations for wider losses driven by increased spending on its holiday campaign. Precisely, the company expects an Adjusted EBITDA loss of $3.9 million to $4.2 million, compared to previous expectations for losses of $1.8 million to $2.2 million. In addition, sales are expected to be within the previous guidance range, which is less than exciting and mostly in line with consensus estimates. However, Zevia wasn't the only one to report weak holiday demand, as Five Below and Abercrombie & Fitch also didn't see the success that the market expected.

Shares of young adult apparel retailer Abercrombie & Fitch (NYSEANF) fell 19.9% in the morning session after the company reported underwhelming sales and earnings forecasts, falling short of high expectations for retail stocks fueled by strong demand ahead of the holiday shopping season. ANF bumped its sales growth outlook for Q4 2024 to a range of 7-8% from a prior range of 5-7%. However, this modest increase lags far behind the robust double-digit growth the company achieved in the same quarter of 2023. Overall, the results were disappointing. However, Abercrombie & Fitch wasn't the only one to report weak holiday demand, as Five Below and Macy's also didn't see the success that the market expected.

Over the past six months, The New York Times’s shares (currently trading at $50.80) have posted a disappointing 5.2% loss, well below the S&P 500’s 2.5% gain. This may have investors wondering how to approach the situation.

What a fantastic six months it’s been for Limbach. Shares of the company have skyrocketed 51%, hitting $97.01. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the education services industry, including Lincoln Educational (NASDAQLINC) and its peers.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at shelf-stable food stocks, starting with J. M. Smucker (NYSESJM).

What a brutal six months it’s been for Skillz. The stock has dropped 24.3% and now trades at $5.10, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Landstar (NASDAQLSTR) and the best and worst performers in the ground transportation industry.

Applied Materials has gotten torched over the last six months - since July 2024, its stock price has dropped 31.4% to $168.57 per share. This might have investors contemplating their next move.

Emerson Electric has been treading water for the past six months, holding steady at $117. This is close to the S&P 500’s 2.5% gain during that period.

RTX’s 13.2% return over the past six months has outpaced the S&P 500 by 10.8%, and its stock price has climbed to $115.08 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Looking back on leisure facilities stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Topgolf Callaway (NYSEMODG) and its peers.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Petco (NASDAQWOOF) and the rest of the specialty retail stocks fared in Q3.

McDonald's has had an impressive run over the past six months as its shares have beaten the S&P 500 by 9.5%. The stock now trades at $281.69, marking a 12% gain. This performance may have investors wondering how to approach the situation.

Academy Sports trades at $57 and has moved in lockstep with the market. Its shares have returned 7.4% over the last six months while the S&P 500 has gained 2.5%.

Let’s dig into the relative performance of Cracker Barrel (NASDAQCBRL) and its peers as we unravel the now-completed Q2 sit-down dining earnings season.

Over the last six months, DistributionNOW’s shares have sunk to $12.83, producing a disappointing 7.3% loss - a stark contrast to the S&P 500’s 2.5% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Vita Coco’s 22.3% return over the past six months has outpaced the S&P 500 by 19.7%, and its stock price has climbed to $33.62 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the electronic components industry, including Littelfuse (NASDAQLFUS) and its peers.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the footwear retailer industry, including Boot Barn (NYSEBOOT) and its peers.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how industrial packaging stocks fared in Q3, starting with Berry Global Group (NYSEBERY).

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at data storage stocks, starting with Commvault Systems (NASDAQCVLT).

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Chart (NYSEGTLS) and the best and worst performers in the gas and liquid handling industry.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the electrical systems industry, including Powell (NASDAQPOWL) and its peers.

Shareholders of Wingstop would probably like to forget the past six months even happened. The stock dropped 28.9% and now trades at $274.70. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.