U.S. Movers: CBRE Group, Nasdaq, P&G, Union Pacific, VeriSign

Scott Peters
25 Apr, 2025
New York City

Procter & Gamble eased 0.8% to $164.38 after the consumer goods company reported third-quarter 2025 results.

Net sales declined 2% to $19.78 billion from $20.19 billion, net earnings inched up to $3.77 billion from $3.75 billion, and diluted earnings per share rose to $1.54 from $1.52 a year ago.

The company paid a dividend of $1.0065 per share, an increase from 94.07 cents a year ago.

Procter & Gamble guided fiscal 2025 organic sales growth to be approximately 2% from $80.04 billion in the prior year and diluted earnings per share to grow between 6% and 8%, compared to $6.02 a year ago.

Union Pacific Corp. dropped 4% to $211.00 after the railroad shipment company reported first-quarter 2025 results.

Revenue inched down to $6.027 billion from $6.031 billion, net income declined to $1.63 billion from $1.64 billion, and diluted earnings per share rose to $2.70 from $2.69 a year ago.

The railroad company paid a dividend of $1.34 per share in the quarter, compared to $1.30 per share a year earlier.

The company guided fiscal 2025 earnings per share to grow by a high-single- to low-double-digit percentage and announced share repurchases of $4.0 billion to $4.5 billion.

Nasdaq Inc. gained 1.01% to $74.24 after the securities index marketplace reported first-quarter 2025 results.

Revenue surged to $2.09 billion from $1.67 billion, net income jumped to $395 million from $234 million, and diluted earnings per share rose to 68 cents from 40 cents a year ago.

The company returned $138 million to shareholders through dividends and $115 million through repurchases of common stock and also repurchased $279 million of senior unsecured notes in the quarter.

The company updated its 2025 guidance for non-GAAP operating expense to be between $2.26 billion and $2.32 billion, compared to $2.16 billion in 2024, and non-GAAP tax rate to be between 22.5% and 24.5%.

CBRE Group Inc. dropped 1.7% to $120.03 despite the property developer reporting higher revenue in the first quarter of 2025.

Revenue edged up to $8.91 billion from $7.93 billion, net income climbed to $163 million from $126 million, and diluted earnings per share rose to 54 cents from 41 cents a year ago.

The company has repurchased nearly $600 million worth of shares since year-end 2024.

In January, the company established two new business segments: building operations and experience, and project management, following strategic acquisitions.

CBRE guided fiscal 2025 core earnings per share to be between $5.80 and $6.10, compared to $5.10 in 2024.

VeriSign Inc. dropped 2.2% to $247.00 after the domain name services provider reported first-quarter 2025 results.

Revenue edged up 4.7% to $402.3 million from $384.3 million, net income jumped to $199.3 million from $194.1 million, and diluted earnings per share rose to $2.10 from $1.92 a year ago.

During the quarter, the company repurchased 1.0 million shares for a total of $230 million, and as of March 31, there was $793 million remaining for repurchases in authorization.

The company proposed a cash dividend of 77 cents per share, payable on May 28 to shareholders on record as of May 19.

VeriSign guided fiscal 2025 revenue to be between $1.63 billion and $1.65 billion, compared to $1.56 billion in 2024, and operating income between $1.11 billion and $1.12 billion, compared to $1.06 billion a year earlier.