Crypto and fintech are enjoying a Trump bump, but how long will it last?
From memecoins to IPOs: Reflections from a dinner with top fintech and crypto firms.
Viatris (NASDAQ:VTRS) Misses Q4 Revenue Estimates, Stock Drops
Medication company Viatris (NASDAQ:VTRS) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 8.1% year on year to $3.53 billion. The company’s full-year revenue guidance of $13.75 billion at the midpoint came in 3.3% below analysts’ estimates. Its non-GAAP profit of $0.54 per share was 5.6% below analysts’ consensus estimates.
Westlake looks to housing market for rebound
As the U.S. housing market continues to defy economic uncertainty, Westlake Corporation is benefiting from strong demand for building materials, even as its chemicals business struggles.
Warby Parker’s (NYSE:WRBY) Q4 Sales Beat Estimates, Stock Soars
Eyewear retailer Warby Parker (NYSE:WRBY) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.8% year on year to $190.6 million. The company’s full-year revenue guidance of $885.5 million at the midpoint came in 1.5% above analysts’ estimates. Its GAAP loss of $0.06 per share was $0.01 below analysts’ consensus estimates.
Life Time (NYSE:LTH) Reports Q4 In Line With Expectations, Stock Soars
Premium fitness club Life Time (NYSE:LTH) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 18.7% year on year to $663.3 million. The company’s full-year revenue guidance of $2.95 billion at the midpoint came in 0.5% above analysts’ estimates. Its non-GAAP profit of $0.27 per share was 30.1% above analysts’ consensus estimates.
Acushnet (NYSE:GOLF) Misses Q4 Sales Targets, But Stock Soars 7.4%
Golf equipment and apparel company Acushnet (NYSE:GOLF) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 7.8% year on year to $445.2 million. The company’s full-year revenue guidance of $2.51 billion at the midpoint came in 1.3% below analysts’ estimates. Its GAAP loss of $0.02 per share was 93.9% above analysts’ consensus estimates.
Teleflex (NYSE:TFX) Misses Q4 Sales Targets, Stock Drops
Medical technology company Teleflex (NYSE:TFX) missed Wall Street’s revenue expectations in Q4 CY2024 as sales rose 2.8% year on year to $795.4 million. Its non-GAAP profit of $3.89 per share was in line with analysts’ consensus estimates.
Snowflake Stock Jumps on Better-Than-Expected Results, Outlook
Shares of Snowflake surged 13% in premarket trading Thursday, a day after the cloud software provider reported better-than-estimated results and a buoyant outlook on booming demand for artificial intelligence products.
American Woodmark (NASDAQ:AMWD) Reports Sales Below Analyst Estimates In Q4 Earnings
Cabinet manufacturing company American Woodmark (NASDAQ:AMWD) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 5.8% year on year to $397.6 million. Its non-GAAP profit of $1.05 per share was 20.2% below analysts’ consensus estimates.
Strategic Education (NASDAQ:STRA) Reports Q4 In Line With Expectations
Higher education company Strategic Education (NASDAQ:STRA) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 2.9% year on year to $311.5 million. Its non-GAAP profit of $1.27 per share was 2.4% above analysts’ consensus estimates.