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Yahoo
4 days ago
- Business
- Yahoo
What You Need to Know Ahead of Uber Technologies' Earnings Release
San Francisco, California-based Uber Technologies, Inc. (UBER) operates a multi-sided marketplace that connects drivers with riders via its mobile app. Valued at a market cap of $196.3 billion, the company, in addition to mobility services, has expanded into food delivery, freight logistics, and autonomous vehicle technology. It is scheduled to announce its fiscal Q2 earnings for 2025 before the market opens on Wednesday, Aug. 6. Before this event, analysts project this ride-hailing giant to report a profit of $0.62 per share, up 31.9% from $0.47 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarters. Its earnings of $0.83 per share in the previous quarter topped the consensus estimates by a notable margin of 62.8%. Dear Nvidia Stock Fans, Mark Your Calendars for July 16 How to Buy Tesla for a 13% Discount, or Achieve a 26% Annual Return Retirement Ready: 3 Dividend Stocks to Set and Forget Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the full year, analysts expect UBER to report EPS of $2.90, down 36.4% from $4.56 in fiscal 2024. Nonetheless, its EPS is expected to grow 21.7% year-over-year to $3.53 in fiscal 2026. Shares of UBER have rallied 27.6% over the past 52 weeks, outpacing both the S&P 500 Index's ($SPX) 10.9% rise and the Technology Select Sector SPDR Fund's (XLK) 10.1% return over the same time frame. Shares of UBER dropped 2.5% on May 7, following its mixed Q1 earnings release. On the brighter side, the company delivered a profit of $0.83 per share, significantly up from a loss of $0.32 per share recorded in the year-ago quarter and 62.7% above the consensus estimates. UBER's bottom line was supported by a robust 35.2% rise in its adjusted EBITDA, an 18% increase in trips, with even stronger user retention, and a $51 million net gain from the revaluation of its equity investments. However, on the other hand, its revenue advanced 13.8% year-over-year to $11.5 billion, but marginally fell short of analyst estimates primarily due to weaker performance in the freight segment. This top-line miss might have lowered investor confidence. Wall Street analysts are highly optimistic about UBER's stock, with a "Strong Buy" rating overall. Among 47 analysts covering the stock, 32 recommend "Strong Buy," five indicate "Moderate Buy," and 10 advise "Hold.' The mean price target for UBER is $99.88, implying an 8.3% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Earnings Preview: What to Expect From Marathon Petroleum's Report
Valued at a market cap of $54 billion, Marathon Petroleum Corporation (MPC) is an integrated downstream energy company that transports and markets petroleum products. The Findlay, Ohio-based company also provides transportation, storage, and logistics services for crude oil and refined products. It is scheduled to announce its fiscal Q2 earnings for 2025 before the market opens on Tuesday, Aug. 5. Before this event, analysts project this downstream energy company to report a profit of $3.26 per share, down 20.9% from $4.12 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarters. Its loss per share of $0.24 in the previous quarter topped the consensus estimates by a notable margin of 61.9%. Energy Commodities in Q2- Where are they Heading in Q3? Nat-Gas Prices Continue Higher on Hot US Weather Forecasts Oil Is in a Choppy Uptrend. Where Will Prices Go From Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full year, analysts expect MPC to report EPS of $7.08, down 27.1% from $9.71 in fiscal 2024. Nonetheless, its EPS is expected to grow 62% year-over-year to $11.47 in fiscal 2026. MPC has gained 5.3% over the past 52 weeks, underperforming the S&P 500 Index's ($SPX) 10.9% return over the same time frame. However, it has outpaced the Energy Select Sector SPDR Fund's (XLE) 5.5% loss over the same period. On May 6, shares of MPC surged marginally after its Q1 earnings release. Due to lower sales and other operating revenues, the company's overall top-line declined 4.1% year-over-year to $31.9 billion. Meanwhile, its loss of $0.24 per share fell significantly from a profit of $2.58 per share in the year-ago quarter, but outpaced the consensus estimates by a notable margin of 61.9%. The bottom-line beat might have slightly raised investor confidence. Wall Street analysts are moderately optimistic about MPC's stock, with a "Moderate Buy" rating overall. Among 19 analysts covering the stock, nine recommend "Strong Buy," two indicate "Moderate Buy," and eight suggest "Hold.' The mean price target for MPC is $176.39, indicating a potential marginal upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
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Devon Energy's Quarterly Earnings Preview: What You Need to Know
Valued at a market cap of $20.7 billion, Devon Energy Corporation (DVN) is an independent energy company headquartered in Oklahoma City, Oklahoma. It explores, develops, and produces oil, natural gas, and natural gas liquids. The company is expected to announce its fiscal Q2 earnings for 2025 after the market closes on Tuesday, Aug. 5. Ahead of this event, analysts expect this energy company to report a profit of $0.81 per share, down 42.6% from $1.41 per share in the year-ago quarter. The company has topped Wall Street's earnings estimates in three of the last four quarters, while missing on another occasion. In Q1, DVN's EPS of $1.21 fell short of the forecasted figure by 4.7%. Energy Commodities in Q2- Where are they Heading in Q3? Nat-Gas Prices Continue Higher on Hot US Weather Forecasts Oil Is in a Choppy Uptrend. Where Will Prices Go From Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts expect DVN to report a profit of $3.89 per share, down 19.3% from $4.82 per share in fiscal 2024. Nonetheless, its EPS is expected to rebound in fiscal 2026, growing by 4.1% year-over-year to $4.05. DVN has declined 33.1% over the past 52 weeks, considerably underperforming both the S&P 500 Index's ($SPX) 10.9% return and the Energy Select Sector SPDR Fund's (XLE) 5.5% downtick over the same time frame. On May 6, DVN reported mixed Q1 results, and its shares plunged 1% in the following trading session. On the upside, the company's revenue improved 23.8% year-over-year to $4.5 billion, exceeding the consensus estimate by 2.1%. Higher oil, gas and NGL sales, along with an increase in its marketing and midstream revenues, supported its robust top-line rise. However, on the downside, while its adjusted earnings of $1.21 per share grew 4.3% from the last quarter, it fell short of analyst estimates by 4.7%. DVN's underwhelming profitability might have dampened investor confidence. Wall Street analysts are moderately optimistic about DVN's stock, with a "Moderate Buy" rating overall. Among 25 analysts covering the stock, 16 recommend "Strong Buy," two indicate "Moderate Buy," and seven suggest "Hold.' The mean price target for DVN is $43.48, indicating a 35.2% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
4 days ago
- Business
- Yahoo
Here's What to Expect From Zebra Technologies' Next Earnings Report
Valued at a market cap of $16.4 billion, Zebra Technologies Corporation (ZBRA) provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry. The Lincolnshire, Illinois-based company's portfolio includes barcode scanners, mobile computers, RFID readers, specialty printers, and software solutions used across sectors such as retail, healthcare, logistics, manufacturing, and government. It is expected to announce its fiscal Q2 earnings for 2025 before the market opens on Tuesday, Aug. 5. Ahead of this event, analysts expect this tech company to report a profit of $2.80 per share, up 5.7% from $2.65 per share in the year-ago quarter. The company has topped Wall Street's earnings estimates in three of the last four quarters, while missing on another occasion. In Q1, ZBRA's EPS of $4.02 outpaced the forecasted figure by 11.7%. Dear Nvidia Stock Fans, Mark Your Calendars for July 16 How to Buy Tesla for a 13% Discount, or Achieve a 26% Annual Return Retirement Ready: 3 Dividend Stocks to Set and Forget Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts expect ZBRA to report a profit of $12.12 per share, up 2.4% from $11.84 per share in fiscal 2024. Furthermore, its EPS is expected to grow 18.5% year-over-year to $14.36 in fiscal 2026. Shares of ZBRA have declined 2.4% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 10.9% uptick and the Technology Select Sector SPDR Fund's (XLK) 10.1% return over the same time frame. On Apr. 29, shares of ZBRA surged 5.2% after its better-than-expected Q1 earnings release. The company's revenue improved 11.3% year-over-year to $1.3 billion, surpassing the consensus estimates by 2.3%. Moreover, due to a solid growth in both its adjusted gross and operating profit margins, its adjusted EPS of $4.02 advanced 41.5% from the year-ago quarter and topped analyst expectations by a notable margin of 11.7%. Wall Street analysts are moderately optimistic about ZBRA's stock, with a "Moderate Buy" rating overall. Among 16 analysts covering the stock, nine recommend "Strong Buy," one indicates a "Moderate Buy," and six suggest "Hold.' The mean price target for ZBRA is $347.64, indicating an 8.8% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
5 days ago
- Business
- Yahoo
What to Expect From Realty Income's Q2 2025 Earnings Report
San Diego, California-based Realty Income Corporation (O) is a real estate investment trust (REIT) that acquires and manages freestanding commercial properties. Valued at a market cap of $53 billion, the company's properties are leased to tenants from multiple separate industries. It is scheduled to announce its fiscal Q2 earnings for 2025 after the market closes on Wednesday, Aug. 6. Before this event, analysts project this retail REIT to report an FFO of $1.07 per share, up marginally from $1.06 per share in the year-ago quarter. The company has met or surpassed Wall Street's FFO estimates in three of the last four quarters, while missing on another occasion. Its FFO of $1.06 per share in the previous quarter met the consensus estimates. Palantir Just Launched Warp Speed for Warships. Does That Make PLTR Stock a Buy? This Analyst Just Doubled His Price Target on AMD Stock How High Can Nvidia Stock Go as Jensen Huang Heads to China? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the full year, analysts expect Realty Income to report FFO of $4.28 per share, up 2.2% from $4.19 per share in fiscal 2024. Its FFO is expected to further grow 3.3% year-over-year to $4.42 in fiscal 2026. O has lagged behind the S&P 500 Index's ($SPX) 11.6% return over the past 52 weeks, with its shares up 5.3% during this period. However, it has outpaced the Real Estate Select Sector SPDR Fund's (XLRE) 4.7% uptick over the same time frame. On May 5, Realty Income released its Q1 results, and its shares plunged marginally in the following trading session. The company's revenue improved 9.5% year-over-year to $1.4 billion and topped the consensus estimates by a slight margin. Meanwhile, its AFFO of $1.06 per share advanced 2.9% from the same period last year and came in line with Wall Street expectations. Additionally, its same-store rental revenue grew 1.3% from the prior-year quarter, reaching $1.1 billion. Wall Street analysts are moderately optimistic about O's stock, with a "Moderate Buy" rating overall. Among 23 analysts covering the stock, five recommend "Strong Buy," one indicates a "Moderate Buy," and 17 suggest "Hold.' The mean price target for O is $61.13, indicating a 4.1% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
