May 07, 2024
Luxury Sports Car Maker Ferrari’s Stock Races Lower – Here’s Why

Ferrari N.V. (NYSE:RACE) shares are trading lower after the company reported a gloomy outlook. The company reported first-quarter FY24 sales growth of 11% year-on-year to €1.585 billion, beating the analyst consensus estimate of €1.572 billion. Cars and spare parts revenue rose 11.4%…

Apr 11, 2024
Constellation Brands Q4 Earnings Beat Estimates As Beer Sales Soar

Constellation Brands Inc (NYSE:STZ) reported fourth-quarter FY24 sales growth of 7.1% year-on-year to $2.14 billion, beating the analyst consensus estimate of $2.10 billion. Net sales for the Beer segment increased 11% Y/Y to $1.702 billion, and Wine and Spirits declined 6% Y/Y…

Mar 12, 2024
Why Is MINISO Group Stock Jumping After Q2 Results?

MINISO Group Holding (NYSE:MNSO) shares are skyrocketing in the premarket session on Tuesday. The company reported second-quarter adjusted earnings per ADS of 30 cents, beating the Wall Street view of 27 cents. Quarterly revenue of $541.038 million beat the analyst consensus of $530.30…

Mar 12, 2024
Why On Holding Shares Are Plunging Today

On Holding AG (NYSE:ONON) shares are trading lower after it reported fourth-quarter FY23 earnings. The company reported fourth-quarter FY23 sales growth of 21.9% year-on-year to CHF 447.1 million ($504.23 million), missing the analyst consensus estimate of $510.19 million. Adjusted diluted EPS for…

Mar 06, 2024
Why Is Campbell Soup Stock Ticking Higher Today?

Campbell Soup Company (NYSE:CPB) reported a second-quarter FY24 decline of 1.2% year-on-year to $2.46 billion, beating the analyst consensus estimate of $2.44 billion. Net sales from the Meals & Beverages segment, both reported and organic, decreased 2%, and the Snacks segment was…

Mar 06, 2024
Why EV Charging Firm EVgo Shares Are Surging Today

EVgo, Inc. (NASDAQ:EVGO) shares are trading higher after the company reported fourth-quarter FY23 results. Revenue rose 83% Y/Y to $50.0 million, beating the analyst consensus of $44.0 million. Network throughput reached 50 gigawatt-hours (GWh) in the fourth quarter, up 257% Y/Y. The…

Mar 06, 2024
Why Is Foot Locker Stock Diving Today?

On Wednesday, specialty athletic retailer Foot Locker Inc (NYSE:FL) reported fourth-quarter FY23 sales growth of 2% year-on-year to $2.38 billion, beating the analyst consensus estimate of $2.28 billion. Comparable store sales decreased 0.7%. Adjusted EPS of $0.38 beat the analyst consensus of $0.32.…

Stay informed with the latest market
alerts by subscribing today!

Subscribe and receive daily afternoon commentary and trade opportunities
focused on Stock Market Newswire.

*By submitting your information you agree to the terms of our Privacy Policy. You will receive the Stock Market Newswire newsletter and third party offers. You can unsubscribe anytime by selecting unsubscribe at the bottom of our emails.