FMP
Jan 17, 2025 12:18 PM - Davit Kirakosyan
SLB Delivers Strong Q4 Results, Boosts Dividend, and Announces Share Repurchase Plan
Schlumberger (NYSE:SLB) closed 2024 on a high note, exceeding fourth-quarter earnings expectations and sending its shares up more than 7% intra-day today. The oilfield services leader reported adjusted earnings per share of $0.92, a 7% year-over-year increase that surpassed the $0.90 consensus estim...
Jan 17, 2025 12:15 PM - Davit Kirakosyan
State Street Beats Q4 Expectations But Shares Slip Amid Mixed Guidance
State Street (NYSE:STT) exceeded fourth-quarter earnings expectations, yet its shares dipped more than 3% intra-day today as investors weighed mixed results and guidance. The financial services giant reported strong revenue growth but faced some challenges in maintaining margins. Adjusted earnings p...
Jan 17, 2025 12:13 PM - Davit Kirakosyan
Fastenal’s Quarterly Results Fall Short Amid Soft Manufacturing Environment
Fastenal Company (NASDAQ:FAST) released its fourth-quarter results that missed market expectations. The industrial and construction supplies distributor struggled with weaker-than-anticipated growth amid a challenging manufacturing landscape. The company reported earnings per share of $0.46, falling...
Jan 17, 2025 12:11 PM - Davit Kirakosyan
J.B. Hunt Shares Drop 7% as Earnings Miss Expectations Despite Modest Revenue Beat
J.B. Hunt Transport Services (NASDAQ:JBHT) delivered mixed results for the fourth quarter of 2024, with earnings falling short of analyst projections despite a slight revenue beat. Following the announcement, shares declined by more than 7% intra-day today. The company reported quarterly earnings pe...
Jan 17, 2025 12:04 PM - Davit Kirakosyan
Apple Poised for Steady Growth as Emerging Markets and Services Drive Momentum
Evercore ISI analysts reaffirmed an Outperform rating on Apple (NASDAQ:AAPL), maintaining a price target of $250 on the stock. The analysts remain optimistic about Apple’s ability to deliver results in line with expectations, supported by growth in emerging markets and robust performance in its Serv...
Jan 17, 2025 12:02 PM - Davit Kirakosyan
Alphabet’s Growth Prospects Brighten as BMO Capital Boosts Price Target to $230
BMO Capital analysts raised Alphabet (NASDAQ:GOOG) price target to $230, up from $217, while reaffirming an Outperform rating on the stock. The revised outlook reflects heightened optimism surrounding key revenue drivers across Alphabet’s core businesses, including Search, Google Cloud Platform (GCP...
Jan 16, 2025 12:15 PM - Davit Kirakosyan
Bank of America Delivers Strong Q4 Results
Bank of America (NYSE:BAC) posted better-than-expected results for the fourth quarter of fiscal 2024. The bank's performance highlighted robust earnings growth, solid revenue figures, and notable returns on equity and assets. Earnings per share for the quarter came in at 82 cents, exceeding analysts...
Jan 16, 2025 12:11 PM - Davit Kirakosyan
Morgan Stanley Shines with Strong Q4 Results, Shares Up 3%
Morgan Stanley (NYSE:MS) exceeded analyst expectations for the fourth quarter, delivering robust earnings and revenue growth across its core business segments. Following the release, the investment bank's stock gained more than 3% intra-day today. The firm reported adjusted earnings per share of $2....
Jan 16, 2025 12:08 PM - Davit Kirakosyan
U.S. Bancorp Posts Solid Q4 Earnings, But Shares Drop 5%
U.S. Bancorp (NYSE:USB) narrowly exceeded Wall Street expectations for the fourth quarter, reporting steady growth in key metrics. Despite the positive results, shares dropped more than 5% intra-day today, reflecting cautious investor sentiment. The Minneapolis-based financial institution delivered ...
Jan 16, 2025 12:04 PM - Davit Kirakosyan
UnitedHealth Exceeds Q4 Profit Expectations, Reaffirms 2025 Outlook
UnitedHealth Group (NYSE:UNH) delivered a stronger-than-expected profit for the fourth quarter, while reaffirming its 2025 financial outlook. This marks the company’s first earnings release following the tragic loss of executive Brian Thompson last month, an event that has drawn public attention to ...
