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Progressive Corp. plunged 4% to $271.86 after the car and residential property insurance company reported results for 2024.

Revenue increased to $75.4 billion from $62.1 billion, net income jumped to $8.5 billion from $3.9 billion, and earnings per share rose to $14.40 from $6.58 a year ago.

Revenue in the fourth quarter climbed 8% to $623.3 million from $577.4 million, net income edged up 19% to $2.36 billion from $1.99 billion, and earnings per share rose to $4.01 from $3.37 a year earlier.

During the year, the company repurchased 665,095 shares at $201.31 per share for a total worth $134 million.

The insurance company has no debt maturities until 2027.

“In 2024, we announced a $4.50 per share annual variable dividend and finished the year with a debt-to-total capital ratio of 21.2%, which is near the lower end of our historical range,” the company said in a release to investors.

During the year, the company’s investment portfolio returned 4.6%, the fixed-income return was 3.8%, and the equity portfolio returned 22.9%.


20 Mar, 2025

 

Duolingo Inc. surged 1.7% to $299.18 after the language learning platform operator reported higher revenue in the fourth quarter of 2024.

Revenue jumped 39% to $209.6 million from $151.0 million, and net income edged up 15% to $13.9 million from $12.1 million a year ago.

During the quarter, subscription bookings surged 50% to $236.5 from $157.8 million, and total bookings rose 42% to $271.6 million from $191.0 million a year earlier.

Adjusted EBITDA increased 49% to $52.3 million from $35.2 million, and free cash flow surged 84% to $87.8 million from $47.7 million in the same quarter in 2023.

The number of daily active users in the quarter surged 51% to 40.5 million from 26.9 million, and the monthly active users edged up 32% to 116.7 million from 88.4 million a year ago.

The company guided for the first quarter of 2025 revenue to be between $220.5 million and $223.5 million, up from $167.6 million a year ago, and bookings between $252 million and $255 million, compared to $197.5 million in the same period in 2024.

For the full year, Duolingo estimated revenue to be between $962.5 million and $978.5 million, up from $748.0 million in 2024, and bookings between $1.08 billion and $1.10 billion, compared to $870.6 million last year.


18 Mar, 2025

 

Eastman Kodak Co. surged 2.6% to $7.16 after the print and advanced materials and chemicals company reported fourth quarter of 2024 results.

Revenue declined 3% to $266 million from $275 million, and gross profit edged up 9% to $51 million from $47 million a year ago.

Operational EBITDA increased to $9 million from $2 million a year earlier.

Revenue in the full year decreased 7% to $1.04 billion from $1.12 billion, and gross profit dropped 3% to $203 million from $210 million in 2023.

Operational EBITDA edged down 42% to $26 million from $45 million a year earlier.

"Kodak ended the year with a cash balance of $201 million, compared to $255 million on December 31, 2023, which reflects ongoing investments in growth initiatives and optimizing processes in areas such as finance and manufacturing,” the company’s CFO David Bullwinkle said in a release to investors.


18 Mar, 2025

 

Getty Images eased 0.9% to $2.13 after the visual content creator reported revenue growth in the fourth quarter of 2024.

Revenue increased to $247.32 million from $225.94 million, net income declined to $24.43 million from $39.11 million, and diluted earnings per share dropped to 6 cents from 9 cents a year ago.

“Our healthy and growing subscription business, strong cash flow generation, and improved balance sheet—with our net leverage falling below 4x for the first time in over a decade—position us well for 2025,” said Jenn Leyden, Chief Financial Officer of Getty Images, in a release to investors.


18 Mar, 2025

 

Li Auto Inc. dropped 1.1% to $27.15 after the Chinese automaker reported higher vehicle sales in the fourth quarter of 2024.

Revenue increased 6.1% to 44.27 billion yuan from 41.73 billion yuan, net income edged down 38.6% to $3.53 billion yuan from $5.75 billion yuan, and diluted earnings per share fell 37.8% to 3.31 yuan from 5.32 yuan a year ago.

Sales for the full year jumped 16.6% to 144.46 billion yuan from 123.85 billion, net income slumped 31.9% to 8.04 billion from 11.81 billion, and diluted earnings per share fell 31.7% to 7.58 yuan from 11.10 yuan a year ago.


17 Mar, 2025

 

Buckle Inc. gained 2.8% to $36.13 despite the fashion retailer reporting declining sales in the fourth quarter of 2024.

Sales edged down to $379.20 million from $382.38 million, net income fell to $77.20 million from $79.58 million, and diluted earnings per share dropped to $1.53 from $1.59 a year ago.

Sales in the full year decreased to $1.22 billion from $1.26 billion, net income fell to $195.47 million from $219.92 million, and diluted earnings per share edged down to $3.89 from $4.40 a year ago.


17 Mar, 2025

 

Charles Schwab Corp. surged 4.9% to $77.11 after the financial services company released its monthly activity report for February.

Core net new assets brought to the company by new and existing clients totaled $48.0 billion, an increase of 44% from $33.4 billion a year ago.

Total client assets equaled $10.28 trillion as of month-end, up 16% from $8.88 trillion in February 2024 and down 1% from $10.33 trillion in January 2025.

New brokerage accounts opened during the month totaled 362,000, representing the fifteenth consecutive month of at least 300,000 new account openings.

February daily average trades rose 1% month-over-month to 7.45 million, driven by a continued interest in equity securities.

Transactional sweep cash increased by $4.7 billion to end February at $404.3 billion, compared to $399.6 billion in January 2025 and compared to $403.2 billion in February 2024.


17 Mar, 2025

 

Emerald Holding Inc. surged 12% to $4.09 after the producer of trade shows and their associated conferences, content, and commerce reported higher revenue in the fourth quarter of 2024.

Revenue increased 5.2% to $106.8 million from $101.5 million, net income rose to $5.1 million from a loss of $17.9 million, and diluted earnings per share edged up to 3 cents from a loss of 46 cents a year ago.

The company repurchased 1,776,884 shares for $8.4 million in the quarter at an average price of $4.68 per share.

The company extended its share repurchase program for the repurchase of $25 million through December 31, 2025.

Since the restart of the share repurchase program in 2021 through December 31, 2024, the company has bought back a total of 13.3 million shares for $53.7 million.

In February 2025, Emerald proposed a dividend for the quarter ending March 31 of $0.015 per share, payable on March 20 to shareholders on record as of March 10.

Following quarter end, the company agreed to acquire This is Beyond, the UK-based architect of luxury travel B2B trade shows, and completed the acquisition of Insurtech Insights, an operator of large-scale insurance technology conferences across the U.S., Europe, and Asia.

“These strategic acquisitions expand and diversify our portfolio, reinforcing Emerald’s leadership in high-value, growth-oriented industries while sharpening our competitive position,” the company said in a release to investors.

Emerald guided full-year revenue to be between $450 million and $460 million, up from $398.8 million in 2024, and adjusted EBITDA between $120 million and $125 million, up from $101.7 million a year ago.


17 Mar, 2025

 

DocuSign Inc. surged 11.6% to $83.40 after the e-signature development company reported increased revenue in the fiscal fourth quarter of 2025 ending in January.

Revenue jumped to $776.25 million from $712.39 million, net income surged to $83.49 million from $27.24 million, and diluted earnings per share rose to 39 cents from 13 cents a year ago.

The company completed stock repurchases for $161.7 million in the quarter and $683.5 million in the full year, compared to $145.5 million in 2024.

DocuSign guided for the first quarter revenue to be between $745 million and $749 million, up from $709.6 million in the same period in fiscal 2025.

For the full year, revenue is estimated to be between $3.13 billion and $3.14 billion, up from $2.98 billion a year ago.


14 Mar, 2025

 

Ulta Beauty Inc. surged 6.5% to $335.0 after the cosmetics store retailer reported increased comparable sales in the fourth quarter of 2024.

Net sales dropped 1.9% to $3.49 billion from $3.55 billion, net income edged down to $393.27 million from $394.37 million, and diluted earnings per share rose to $8.46 from $8.08 a year ago.

Comparable sales jumped 1.5% in the quarter and were up 0.7% in the full year.

The company opened nine new stores, remodeled five stores, and closed one store during the quarter.

During the year, the company opened 66 new stores, relocated two stores, remodeled 41 stores, and closed six stores.

Ulta Beauty repurchased 620,053 shares for $249.5 million in the quarter and 2.5 million shares for $1.0 billion during the year.

After the repurchases, the company has $2.7 billion remaining available under the $3.0 billion authorization announced in October 2024.

The cosmetics retailer guided for fiscal 2025 net sales to be between $11.5 billion and $11.6 billion, up from $11.29 billion a year ago, and diluted earnings per share between $22.50 and $22.90, down from $25.34 in 2024.

The company plans to open approximately 60 new stores in 2025.


14 Mar, 2025

 

Dollar General Corp. surged 7.2% to $80.26 after the discount store operator reported higher sales in the fiscal fourth quarter ending in January.

Net sales increased 4.5% to $10.30 billion from $9.86 billion, net income declined 52.4% to $191.21 million from $401.81 million, and diluted earnings per share edged down 52.5% to 87 cents from $1.83 a year ago.

Same-store sales increased 1.2% in the quarter and were up 1.4% for the full year.

The company plans to close 96 Dollar General stores and 45 Popshelf stores in the first quarter of fiscal 2025.

The company proposed a quarterly cash dividend of 59 cents per share, payable on or before April 22 to shareholders on record as of April 8.

The discount retailer guided for the fiscal 2025 net sales growth between 3.4% and 4.4%, up from $40.61 billion in 2024, and diluted earnings per share between $5.10 and $5.80, compared to $5.11 a year ago.

Same-store sales are expected to increase between 1.2% and 2.2%, and capital expenditures are estimated to be between $1.3 billion and $1.4 billion in 2025, or 3% of net sales.

The company plans to open approximately 575 new stores in the U.S. and up to 15 new stores in Mexico.

Over the last five years, Dollar General has struggled, and the company's stock is trading at the levels last seen in late 2017. 


14 Mar, 2025

 

American Eagle Outfitters Inc. dropped 5.1% to $10.86 after the specialty apparel retailer reported comparable sales growth in the fiscal fourth quarter of 2024.

Revenue declined to $1.60 billion from $1.68 billion, net income surged to $104.35 million from $6.32 million, and diluted earnings per share jumped to 54 cents from 3 cents a year ago.

Comparable sales advanced 3% in the quarter, with record Aerie comparable growth of 6% and American Eagle comparative growth of 1%.

The company guided for the first quarter of 2025 a revenue decline of “mid-single digits” and operating income to be between $20 million and $25 million, compared to $78 million in the same period last year.

For the full year, the company expects revenue to decline at “low single digits” and operating income to be between $360 million and $375 million, compared to $142 million in 2024.

The apparel retailer repurchased 3.5 million shares for $60 million in the fourth quarter, bringing full-year repurchases to 9.5 million shares for $191 million, and authorized an additional 50 million shares for repurchase.

In addition, the company returned approximately $24 million in cash to shareholders through its quarterly dividend of $0.125 per share, bringing year-to-date cash dividends to $96 million.


13 Mar, 2025

 

Adobe Inc. dropped 4% to $420.98 after the graphic design software developer reported results for the fiscal first quarter of 2025 ending in February.

Revenue increased to $5.71 billion from $5.18 billion, net income surged to $1.81 billion from $620 million, and diluted earnings per share rose to $4.14 from $1.36 a year ago.

The company repurchased approximately 7.0 million shares during the quarter.

“Adobe is well-positioned to capitalize on the acceleration of the creative economy driven by artificial intelligence, and we are reaffirming our fiscal 2025 financial targets,” said Shantanu Narayen, chair and CEO.

The company guided second quarter revenue to be between $5.77 billion and $5.82 billion, up from $5.31 billion a year ago, and earnings per share between $3.80 and $3.85, up from $3.49 in the same period in 2024.

For the full year, Adobe estimated revenue to be between $23.30 billion and $23.55 billion, up from $21.51 billion in 2024, and GAAP earnings per share between $15.80 and $16.10, compared to $12.36 a year ago.


13 Mar, 2025

 

Ciena Corp. dropped 0.4% to $63.71 after the provider of optical switches and routing systems, services, and automation software reported results for the fiscal first quarter of 2025.

Revenue increased to $1.07 billion from $1.04 billion, net income declined to $44.57 million from $49.55 million, and diluted earnings per share fell to 31 cents from 34 cents a year ago.

The company repurchased approximately 1.0 million shares of common stock for the aggregate price of $79.2 million during the quarter.


12 Mar, 2025

 

Kohl's Inc. plunged 14.5% to $10.30 after the department store chain reported lower sales in the fiscal fourth quarter of 2024.

Net sales declined to $5.17 billion from $5.71 billion, net income slumped to $48 million from $186 million, and diluted earnings per share fell to 43 cents from $1.67 a year ago.

Comparable sales in the quarter decreased 6.7% and declined 6.5% during the full year.

The company guided for fiscal 2025 net sales to drop between 5% and 7%, comparable sales down 4% to 6%, and diluted earnings per share between 10 cents and 60 cents, compared to 98 cents in 2024.

The operating margin is estimated to be between 2.2% and 2.6% and capital expenditures between $400 million and $425 million.

Kohl’s proposed a quarterly cash dividend of 12.5 cents per share, payable on April 2 to shareholders on record as of March 21.


12 Mar, 2025