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Mar 3, 2025
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CubeSmart L.P. dropped 2.9% to $41.28 after the storage facility-focused real estate company reported lower revenue in the fourth quarter of 2024.
Same-store sales declined 1.6% to $231.41 million from $235.16 million, same-store net income fell to $101.89 million from $113.14 million, and earnings per diluted share dropped to 45 cents from 50 cents a year ago.
The company guided for the first quarter of 2025 earnings per diluted share between 35 cents and 37 cents, compared to 42 cents per share in the same period in 2024.
CubeSmart proposed a quarterly dividend of 52 cents per share, payable on April 15 to shareholders on record as of April 1.
This is an increase of 2% to an annualized rate of $2.08 per share from the previous annualized rate of $2.04 per share. -
Monster Beverage Corp. gained 3% to $53.51 after the energy drink maker reported stronger sales in the fourth quarter of 2024.
Net sales increased to $1.81 billion from $1.73 billion, net income declined to $270.71 million from $366.98 million, and earnings per diluted share fell to 28 cents from 35 cents a year ago.
The company gained market share leadership in a number of countries for its Monster Energy brand, including a very strong market presence in the Republic of Ireland, as reported by Nielsen.
The company is also exploring opportunities for distribution of its alcohol products in certain international markets.
During the fourth quarter, no shares of the company's common stock were repurchased, and as of February 26, approximately $500 million remained available for repurchase under the previously authorized repurchase program. -
Duolingo Inc. plunged 7.4% to $348.02 despite the language learning platform operator reporting higher earnings for the fourth quarter of 2024.
Revenue increased 39% to $209.55 million from $150.98 million, and net and comprehensive income jumped 15% to $13.91 million from $12.12 million a year ago.
The monthly active users’ ratio advanced 32% to 116.7 million from 88.4 million, and paid subscribers amounted to 9.5 million, up 43% from 6.6 million a year ago.
The company introduced Video Call, a real-time conversation feature, and now aims to make it powered by an artificial intelligence conversation partner to further differentiate Duolingo Max as a premium offering. -
Autodesk Inc. gained 1.3% to $285.99 after the engineering software and services provider reported a 12% revenue increase in the fourth quarter of fiscal 2025 ending in January.
Revenue increased to $1.64 billion from $1.47 billion, net income jumped to $303 million from $282 million, and earnings per diluted share rose to $1.40 from $1.31 a year ago.
The company guided for the first quarter of fiscal 2026 revenue between $1.60 billion and $1.61 billion, compared to $1.4 billion a year ago, and GAAP earnings per share between 76 cents and 90 cents, compared to $1.16 in the same quarter a year ago. -
The Personal Consumption Expenditure price index eased to 2.5% in January from 2.6% in December, the Commerce Department reported Friday.
Core inflation, which excludes volatile food and energy prices, slowed to 2.6% from 2.8%.
On a monthly basis, headline and core inflation increased 0.3% from the previous month. -
Lowe’s Companies Inc. gained 1.9% to $247.07 after the home improvement retailer reported higher earnings in the fourth quarter ending in January.
Net sales decreased to $18.55 billion from $18.60 billion, net earnings jumped to $1.12 billion from $1.02 billion, and earnings per diluted share rose to $1.99 from $1.77 a year ago.
Comparable sales for the quarter increased 0.2%, driven by online comparable sales, strong holiday performance, and rebuilding efforts in the wake of recent hurricanes.
The company guided fiscal 2025 sales between $83.5 billion and $84.5 billion, compared to $83.67 billion in 2024, comparable sales to be flat to up 1%, and earnings per diluted share between $12.15 and $12.40, compared to $12.23 in 2024. -
TJX Companies Inc. gained 1.8% to $124.89 after the off-price department store chain reported higher comparable sales in the fourth quarter of fiscal 2025 ending in February.
Net sales dropped to $16.35 billion from $16.41 billion, net income declined to $1.39 billion from $1.40 billion, and earnings per diluted share rose to $1.23 from $1.22 a year ago.
Consolidated comparable store sales in the quarter increased 5%, well above the company’s plan, and they were driven by an increase in customer transactions.
The company returned $4.1 billion to shareholders in fiscal 2025 through share repurchases and dividends. -
Snowflake Inc. surged 9.1% to $181.25 after the cloud-based data storage company reported a revenue increase in the fourth quarter of fiscal 2025 ending in January.
Revenue jumped to $986.77 million from $774.70 million, net loss expanded to $327.47 million from a loss of $169.35 million, and loss per diluted share increased to 99 cents from a loss of 51 cents a year ago.
The company guided for the first quarter of fiscal 2026 product revenue between $955 million and $960 million, an increase of 21% to 22% from the same period a year ago. -
Synopsys Inc. gained 2.05% to $480.09 after the electronic design automation company reported results for the first quarter of fiscal 2025 ending in January.
Revenue declined to $1.45 billion from $1.51 billion, net income dropped to $295.68 million from $449.11 million, and earnings per diluted share fell to $1.89 from $2.89 a year ago.
The company guided for the second quarter of fiscal 2025 GAAP earnings per diluted share between $2.21 and $2.33, compared to $2.89 a year ago.
Non-GAAP earnings per diluted share are estimated between $3.37 and $3.42, compared to $3.56 in the second quarter of 2024. -
Salesforce Inc. dropped 4.7% to $292.80 after the cloud-based software company missed analyst expectations during the fourth quarter of fiscal 2025 ending in January.
Revenue increased to $9.99 billion from $9.29 billion, net income jumped to $1.71 billion from $1.45 billion, and earnings per diluted share climbed to $1.75 from $1.47 a year ago.
The company guided fiscal 2026 revenue between $40.5 billion and $40.9 billion, up 7% to 8% compared to $37.9 billion in fiscal 2025.
Subscription and support revenue is expected to increase by approximately 8.5% from the previous financial year.
Feb 28, 2025
Feb 27, 2025