Latest news with #earningsSeason
Reuters
21-07-2025
- Business
- Reuters
Wall St futures rise on trade hope; earnings kick into high gear
July 21 (Reuters) - Wall Street futures edged higher on Monday, buoyed by prospects of trade deals between the U.S. and its key partners, while the earnings season picked up pace with several industrial and tech firms set to report this week. Futures tracking the S&P 500 rose 16.5 points, or 0.26% at 5:51 a.m. ET, and Nasdaq 100 e-minis climbed 65 points, or 0.28%, hovering near all-time highs hit last week. Dow e-minis rose 110 points, or 0.25%. Investors scoured for more trade deals ahead of President Donald Trump's August 1 tariff deadline. He threatened to impose a 30% tariff on imports from Mexico and the European Union after weeks of negotiations with the major U.S. trading partners failed to reach a comprehensive deal. Trump has sent letters to other trading partners including Canada, Japan and Brazil, setting blanket tariff rates ranging from 20% to 50%. Commerce Secretary Howard Lutnick's remarks on Sunday, however, offered some optimism as he expressed confidence over striking a trade deal with the EU. The S&P 500 (.SPX), opens new tab and the Nasdaq (.IXIC), opens new tab reached new heights throughout the last week as investors largely overlooked Trump's shifting tariff rhetoric in favor of stronger economic data and a solid start to the earnings season. The blue-chip Dow was 1.64% away from its all-time high. Of the 59 S&P 500 companies that have reported quarterly earnings this season, 81.4% have surpassed Wall Street's earnings expectations, compared with a long-term average of 67.1%, according to LSEG I/B/E/S data as of Friday. All eyes will be on marquee companies such as Alphabet (GOOGL.O), opens new tab and Tesla (TSLA.O), opens new tab later this week, as they kick off earnings for the so-called "Magnificent Seven" stocks, which could influence the overall trajectory of Wall Street. Shares of Tesla and Alphabet were up 1.4% and 0.8% in premarket trading, respectively. Meanwhile, Verizon (VZ.N), opens new tab edged up 0.7% ahead of its results. The week is light on the economic data front, with only notable indicators being weekly jobless claims figures and the July business activity report on Thursday. Federal Reserve Chair Jerome Powell's comments on Tuesday will be closely watched for clues on the central bank's future monetary policy stance. Traders have largely ruled out a July rate cut, and are pricing in an about 60% chance of a September reduction, as per CME Group's FedWatch tool. Ethereum-linked companies Bitmine Immersion Technologies , Gamesquare Holdings (GAME.O), opens new tab, BTCS (BTCS.O), opens new tab and Sharplink Gaming (SBET.O), opens new tab advanced between 4.2% and 10.1% as ether traded near its highest level this year after Trump signed into law a bill regulating stablecoins in the United States.
Yahoo
09-07-2025
- Business
- Yahoo
Online Marketplace Stocks Q1 Highlights: EverQuote (NASDAQ:EVER)
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 EverQuote (NASDAQ:EVER) and the rest of the online marketplace stocks fared in Q1. Marketplaces have existed for centuries. Where once it was a main street in a small town or a mall in the suburbs, sellers benefitted from proximity to one another because they could draw customers by offering convenience and selection. Today, a myriad of online marketplaces fulfill that same role, aggregating large customer bases, which attracts commission-paying sellers, generating flywheel scale effects that feed back into further customer acquisition. The 13 online marketplace stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 2.2% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 7.3% on average since the latest earnings results. Aiming to simplify a once complicated process, EverQuote (NASDAQ:EVER) is an online insurance marketplace where consumers can compare and purchase various types of insurance from different providers EverQuote reported revenues of $166.6 million, up 83% year on year. This print exceeded analysts' expectations by 5.2%. Overall, it was an exceptional quarter for the company with EBITDA guidance for next quarter exceeding analysts' expectations. '2025 is off to a strong start, building on our momentum from last year, and we once again achieved record financial performance across our key financial metrics of revenue, Variable Marketing Dollars or VMD and Adjusted EBITDA,' said Jayme Mendal, CEO of EverQuote. EverQuote scored the fastest revenue growth of the whole group. Investor expectations, however, were likely higher than Wall Street's published projections, leaving some wishing for even better results (analysts' consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 6.9% since reporting and currently trades at $24.53. Is now the time to buy EverQuote? Access our full analysis of the earnings results here, it's free. Aiming to address a high-stakes and often confusing decision, eHealth (NASDAQ:EHTH) guides consumers through health insurance enrollment and related topics. eHealth reported revenues of $113.1 million, up 21.7% year on year, outperforming analysts' expectations by 13.4%. The business had an exceptional quarter with a solid beat of analysts' EBITDA estimates and full-year EBITDA guidance exceeding analysts' expectations. eHealth achieved the biggest analyst estimates beat among its peers. On a dimmer note, the company reported 1.16 million users, down 1.8% year on year. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 8.2% since reporting. It currently trades at $4.29. Is now the time to buy eHealth? Access our full analysis of the earnings results here, it's free. Founded by consignment store aficionado Julie Wainwright, The RealReal (NASDAQ: REAL) is an online marketplace for buying and selling secondhand luxury goods. The RealReal reported revenues of $160 million, up 11.3% year on year, in line with analysts' expectations. It was a slower quarter as it posted full-year EBITDA guidance missing analysts' expectations. The RealReal delivered the weakest full-year guidance update in the group. The company reported 985,000 users, up 157% year on year. As expected, the stock is down 27.7% since the results and currently trades at $5.28. Read our full analysis of The RealReal's results here. Originally featuring a library that included many of founder Jon Oringer's photos, Shutterstock (NYSE:SSTK) is now a digital platform where customers can license and use hundreds of millions of pieces of content. Shutterstock reported revenues of $242.6 million, up 13.2% year on year. This number lagged analysts' expectations by 4.1%. Aside from that, it was a mixed quarter as it also produced an impressive beat of analysts' number of paid downloads estimates but a miss of analysts' EBITDA estimates. Shutterstock had the weakest performance against analyst estimates among its peers. The company reported 120.9 million service requests, up 245% year on year. The stock is up 20% since reporting and currently trades at $19.77. Read our full, actionable report on Shutterstock here, it's free. Founded in 2009 and a publicly traded company since 2017, Sea (NYSE:SE) started as a gaming platform and has since expanded to offer a variety of services such as e-commerce, digital payments, and financial services across Southeast Asia. Sea reported revenues of $4.84 billion, up 27.8% year on year. This print missed analysts' expectations by 1.2%. Zooming out, it was actually a strong quarter as it logged a solid beat of analysts' EBITDA estimates and an impressive beat of analysts' number of paying users estimates. The company reported 64.6 million users, up 32.1% year on year. The stock is up 4.5% since reporting and currently trades at $149. Read our full, actionable report on Sea here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
07-07-2025
- Business
- Yahoo
Q1 Earnings Roundup: Markel Group (NYSE:MKL) And The Rest Of The Property & Casualty Insurance Segment
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 Markel Group (NYSE:MKL) and the rest of the property & casualty insurance stocks fared in Q1. Property & Casualty (P&C) insurers protect individuals and businesses against financial loss from damage to property or from legal liability. This is a cyclical industry, and the sector benefits when there is 'hard market', characterized by strong premium rate increases that outpace loss and cost inflation, resulting in robust underwriting margins. The opposite is true in a 'soft market'. Interest rates also matter, as they determine the yields earned on fixed-income portfolios. On the other hand, P&C insurers face a major secular headwind from the increasing frequency and severity of catastrophe losses due to climate change. Furthermore, the liability side of the business is pressured by 'social inflation'—the trend of rising litigation costs and larger jury awards. The 33 property & casualty insurance stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 2.4%. In light of this news, share prices of the companies have held steady as they are up 1.8% on average since the latest earnings results. Often referred to as a "mini Berkshire Hathaway" for its three-engine business model of insurance, investments, and wholly-owned businesses, Markel Group (NYSE:MKL) is a specialty insurance company that underwrites complex risks, manages investment portfolios, and owns a diverse collection of operating businesses. Markel Group reported revenues of $3.40 billion, down 23.9% year on year. This print fell short of analysts' expectations by 6.1%. Overall, it was a mixed quarter for the company with a solid beat of analysts' EPS estimates but a miss of analysts' book value per share estimates. "The first quarter was a productive one at Markel Group. Our cornerstone insurance business moved along its path to better. We experienced a lower than initially anticipated impact from the California wildfires. Excluding that impact, our combined ratio returned to the low nineties. We also elevated Simon Wilson as the new leader of our Markel Insurance business. Simon is a proven leader and winner – and he has a clear vision for how to profitably grow that business. Finally, while the strong tailwinds of the past few years have eased, results within our Ventures businesses continued to hold up well," said Tom Gayner, Chief Executive Officer of Markel Group. Markel Group delivered the slowest revenue growth of the whole group. Interestingly, the stock is up 10.1% since reporting and currently trades at $2,002. Is now the time to buy Markel Group? Access our full analysis of the earnings results here, it's free. Pioneering a data-driven approach that rewards good driving habits, Root (NASDAQ:ROOT) is a technology-driven auto insurance company that uses mobile apps to acquire customers and data science to price policies based on individual driving behavior. Root reported revenues of $349.4 million, up 37.1% year on year, outperforming analysts' expectations by 9.1%. The business had an incredible quarter with an impressive beat of analysts' EPS and net premiums earned estimates. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 11.1% since reporting. It currently trades at $124.69. Is now the time to buy Root? Access our full analysis of the earnings results here, it's free. Issuing more title insurance policies than any other company in the United States, Fidelity National Financial (NYSE:FNF) provides title insurance and escrow services for real estate transactions while also offering annuities and life insurance through its F&G subsidiary. Fidelity National Financial reported revenues of $2.73 billion, down 17.3% year on year, falling short of analysts' expectations by 17.9%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Fidelity National Financial delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 9.9% since the results and currently trades at $57.99. Read our full analysis of Fidelity National Financial's results here. Founded in 1957 when the modern mortgage insurance industry was in its infancy, MGIC Investment (NYSE:MTG) provides private mortgage insurance that protects lenders when homebuyers default on their loans, enabling borrowers to purchase homes with smaller down payments. MGIC Investment reported revenues of $306.2 million, up 4% year on year. This result was in line with analysts' expectations. It was a strong quarter as it also logged a decent beat of analysts' EPS estimates. The stock is up 14.5% since reporting and currently trades at $28.52. Read our full, actionable report on MGIC Investment here, it's free. Built on the principle of giving back unused premiums to charitable causes selected by policyholders, Lemonade (NYSE:LMND) is a technology-driven insurance company that offers homeowners, renters, pet, car, and life insurance through an AI-powered digital platform. Lemonade reported revenues of $151.2 million, up 27% year on year. This number surpassed analysts' expectations by 4.3%. Overall, it was a very strong quarter as it also put up an impressive beat of analysts' net premiums earned estimates and a decent beat of analysts' EPS estimates. The stock is up 41.6% since reporting and currently trades at $42.48. Read our full, actionable report on Lemonade here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
05-07-2025
- Business
- Yahoo
Should you invest in Japanese stocks? UBS answers
-- Japan's stock market has climbed to new highs on renewed foreign buying, but investors should be cautious heading into earnings season, according to analyst at UBS. The TOPIX index broke above 2,800 last week, helped by momentum-driven gains and concerns among global investors about missing out. But UBS said the rally may not last, pointing to stretched valuations and weakening profit forecasts. 'We remain Neutral on Japanese equities as momentum-driven markets can reverse quickly,' UBS analyst Chisa Kobayashi said. Japanese shares have underperformed global peers this year, but the recent rebound has been led by sectors less exposed to trade tensions, such as tech services and utilities. Many of these stocks are now expensive, UBS said. The upcoming June-quarter earnings, due later this month, could mark a turning point. 'We expect that downward revisions of full-year guidance will be announced with 1Q results, marking the end of negative news'Exporters should cut full-year guidance, with chance of ending months of downgrades and setting a floor for expectations. That could open the door for a recovery in cyclical shares like autos and machinery, which have lagged. 'While these stocks may continue to outperform if the momentum market persists, from a risk-reward perspective, we believe undervalued, high-quality cyclical stocks offer better medium-term returns,' Kobayashi near-term gains seen possible, strong U.S. markets and share buybacks by Japanese companies may provide some support if sentiment shifts. UBS remains cautious overall but sees selective opportunities in undervalued companies, especially as corporate buybacks and resilient U.S. markets may limit the downside. Related articles Should you invest in Japanese stocks? UBS answers Who will win the battle of U.S. retail media? How did the hyperscale clouds do in Q1 2025?
Yahoo
30-06-2025
- Business
- Yahoo
Spotting Winners: Alight (NYSE:ALIT) And Professional Staffing & HR Solutions Stocks In Q1
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 Alight (NYSE:ALIT) and the rest of the professional staffing & hr solutions stocks fared in Q1. The Professional Staffing & HR Solutions subsector within Business Services is set to benefit from evolving workforce trends, including the rise of remote work and the gig economy. With companies casting a wider net to find talent due to remote work, the expertise of staffing and recruiting companies is even more valuable. For those who invest wisely, the use of predictive AI in recruitment and screening as well as automation in HR workflows can enhance efficiency and scalability. On the other hand, digitization means that talent discovery is less of a manual process, opening the door for tech-first platforms. Additionally, regulatory scrutiny around data privacy in HR is evolving and may require companies in this sector to change their go-to-market strategies over time. The 8 professional staffing & HR solutions stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 0.8% while next quarter's revenue guidance was 0.7% below. While some professional staffing & HR solutions stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.2% since the latest earnings results. Born from a corporate spinoff in 2017 to focus on employee experience technology, Alight (NYSE:ALIT) provides human capital management solutions that help companies administer employee benefits, payroll, and workforce management systems. Alight reported revenues of $548 million, down 2% year on year. This print exceeded analysts' expectations by 1.2%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EPS guidance for next quarter estimates and full-year revenue guidance meeting analysts' expectations. 'Our first quarter performance met expectations and we are off to a strong start to the year,' said CEO Dave Guilmette. Alight delivered the weakest full-year guidance update of the whole group. Interestingly, the stock is up 6.4% since reporting and currently trades at $5.57. Is now the time to buy Alight? Access our full analysis of the earnings results here, it's free. Processing approximately 100 million background checks annually across more than 200 countries and territories, First Advantage (NASDAQ:FA) provides employment background screening, identity verification, and compliance solutions to help companies manage hiring risks. First Advantage reported revenues of $354.6 million, up 109% year on year, outperforming analysts' expectations by 2.9%. The business had an exceptional quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' full-year EPS guidance estimates. First Advantage achieved the fastest revenue growth and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 5.6% since reporting. It currently trades at $15.81. Is now the time to buy First Advantage? Access our full analysis of the earnings results here, it's free. With roots dating back to 1948 as the first specialized recruiting firm for accounting and finance professionals, Robert Half (NYSE:RHI) provides specialized talent solutions and business consulting services, connecting skilled professionals with companies across various fields. Robert Half reported revenues of $1.35 billion, down 8.4% year on year, falling short of analysts' expectations by 4.3%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Robert Half delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 12% since the results and currently trades at $40.88. Read our full analysis of Robert Half's results here. With nearly 60 years of matching skilled professionals with the right opportunities, Kforce (NYSE:KFRC) is a professional staffing company that specializes in placing technology and finance experts with businesses on both temporary and permanent bases. Kforce reported revenues of $330 million, down 6.2% year on year. This number lagged analysts' expectations by 1%. Overall, it was a softer quarter as it also produced a miss of analysts' EPS estimates. The stock is down 3.2% since reporting and currently trades at $41.29. Read our full, actionable report on Kforce here, it's free. Founded during the post-World War II economic boom when businesses needed temporary workers, ManpowerGroup (NYSE:MAN) connects millions of people to employment opportunities through its global network of staffing, recruitment, and workforce management services. ManpowerGroup reported revenues of $4.09 billion, down 7.1% year on year. This print topped analysts' expectations by 2.9%. More broadly, it was a slower quarter as it logged a significant miss of analysts' EPS estimates. The stock is down 18.2% since reporting and currently trades at $40.47. Read our full, actionable report on ManpowerGroup here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. 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
