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Synchrony's Q1 profit misses expectations on higher provisions tied to Ally deal

April 24 (Reuters) - Consumer banking firm Synchrony Financial's first-quarter profit missed expectations on Wednesday, as reserves tied to its acquisition of Ally Financial's point-of-sale financing unit drove provisions higher. Synchrony bought the business in March, in order to expand beyond its core products …

EODHD | 24 April 2024

Q1 2024 Alexandria Real Estate Equities Inc Earnings Call

Participants Hallie Kuhn; SVP of Science & Technology and Capital Markets; Alexandria Real Estate Equities, Inc. Joel S. Marcus; Founder & Executive Chairman; Alexandria Real Estate Equities, Inc. Marc E. Binda; CFO & Treasurer; Alexandria Real Estate Equities, Inc. Paula Schwartz; MD; Rx Communications …

EODHD | 24 April 2024

Sherwin-Williams First Quarter 2024 Earnings: Misses Expectations

Sherwin-Williams (NYSE:SHW) First Quarter 2024 Results Key Financial Results Revenue: US$5.37b (down 1.4% from 1Q 2023). Net income: US$505.2m (up 5.8% from 1Q 2023). Profit margin: 9.4% (up from 8.8% in 1Q 2023). The increase in margin was driven by lower expenses. EPS: US$2.00 …

EODHD | 24 April 2024

3 Beauty Stocks to Buy on Ulta’s Guidance Warning

Cosmetic retail firm Ulta Beauty (NASDAQ:ULTA) recently delivered quite the shocker when its CEO said that beauty demand was slowing “a bit earlier and a bit bigger than we thought.” Undoubtedly, the commentary sent shares of ULTA nosediving by around 15%. At writing, ULTA …

EODHD | 24 April 2024

Analyst Estimates: Here's What Brokers Think Of Packaging Corporation of America (NYSE:PKG) After Its First-Quarter Report

Last week, you might have seen that Packaging Corporation of America (NYSE:PKG) released its quarterly result to the market. The early response was not positive, with shares down 4.3% to US$171 in the past week. It was a pretty mixed result, with revenues beating …

EODHD | 24 April 2024

Polaris First Quarter 2024 Earnings: EPS Misses Expectations

Polaris (NYSE:PII) First Quarter 2024 Results Key Financial Results Revenue: US$1.76b (down 20% from 1Q 2023). Net income: US$3.80m (down 97% from 1Q 2023). Profit margin: 0.2% (down from 5.2% in 1Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.067 …

EODHD | 24 April 2024

Dump These 3 Stock Duds Before the Market Mayhem Intensifies

For any market endeavor, the discipline to follow through with stocks to avoid is just as important as knowing which securities to buy. From certain angles, the former skillset may be more important than the latter. That’s because in a secular bull market, most …

EODHD | 24 April 2024

Travel + Leisure Co. Reports First Quarter 2024 Results

Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today reported first quarter 2024 financial results for the three months ended March 31, 2024. (Photo: Business Wire) ORLANDO, Fla., April 24, 2024--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL), the world’s leading …

EODHD | 24 April 2024

Investing in Sage Group (LON:SGE) three years ago would have delivered you a 96% gain

One simple way to benefit from the stock market is to buy an index fund. But many of us dare to dream of bigger returns, and build a portfolio ourselves. For example, the The Sage Group plc (LON:SGE) share price is up 83% in …

EODHD | 24 April 2024

Trending tickers: Tesla, Meta, Spotify and Reckitt Benckiser

Tesla said it would 'accelerate the launch of new models… including more affordable models' with production starting next year. (Genaro Molina via Getty Images) Tesla (TSLA) Tesla shares surged nearly 10% in premarket trading, despite a revenue miss for the first quarter of 2024, …

EODHD | 24 April 2024
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