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Zacks News
Gen Digital (GEN) Q1 Earnings Surpass Estimates, Revenues Miss
by Zacks Equity Research
Gen Digital's (GEN) Q1 results reflect strong customer growth and the benefits of the global business expansion and the Avast acquisition, leading to year-over-year growth in revenues and bookings.
Paylocity (PCTY) Q4 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Paylocity's (PCTY) Q4 earnings and revenues benefit from better sales execution and sustained investments in technological upgrades and product innovation.
Atlassian (TEAM) Jumps 23% on Q4 Earnings Beat, Strong Guidance
by Zacks Equity Research
Atlassian's (TEAM) Q4 non-GAAP earnings per share jump 111% year over year, mainly driven by higher revenues along with the benefits of disciplined hiring and cost management.
The Zacks Analyst Blog Highlights PayPal, Coinbase Global, NVIDIA and Accenture
by Zacks Equity Research
PayPal, Coinbase Global, NVIDIA and Accenture are part of the Zacks top Analyst Blog.
3 Momentum Anomaly Stocks to Buy Amid Fitch-Induced Selloff
by Supriyo Bose
General Electric (GE), Royal Caribbean (RCL) and NVIDIA (NVDA) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
Datadog (DDOG) to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
Datadog's (DDOG) second-quarter results are likely to reflect the steady adoption of its cloud-based monitoring and introduction of new capabilities.
Arrow Electronics (ARW) Q2 Earnings Top Estimates, Sales Miss
by Zacks Equity Research
Arrow Electronics' (ARW) second-quarter 2023 earnings are negatively impacted by lower revenues and unfavorable foreign currency exchange rates.
Sabre (SABR) Q2 Loss Narrower Than Expected, Revenues Rise Y/Y
by Zacks Equity Research
Sabre's (SABR) narrower-than-expected loss & increasing sales in Q2 reflect a gradual recovery in global air, hotel and other bookings, while economies rebound to cross-border international traveling.
Amdocs (DOX) Q3 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Amdocs' (DOX) third-quarter revenues benefit from continued strength in North America and healthy activity levels in Europe.
EPAM Systems (EPAM) Beats on Q2 Earnings and Revenue Estimates
by Zacks Equity Research
EPAM Systems' (EPAM) second-quarter 2023 results reflect the negative impacts of a slowdown in IT spending amid the ongoing uncertain macroeconomic environment.
Stock Market News for Aug 3, 2023
by Zacks Equity Research
Wall Street ended sharply lower on Wednesday following an unexpected credit rating downgrade for the United States.
4 Crypto Stocks to Watch as Fed Seems Open to More Rate Hikes
by Ritujay Ghosh
More rate hikes could adversely impact the crypto market. Investors should thus adopt a buy-on-the-dip strategy, which could help stocks like PayPal Holdings (PYPL), Coinbase Global (COIN), NVIDIA Corporation (NVDA) and Accenture (ACN).
NCR Shares Soar 6% on Q2 Earnings Beat, FY23 Guidance Reaffirmed
by Zacks Equity Research
NCR's Q2 earnings benefit from lower direct costs, indirect cost mitigation actions and a higher-margin revenue mix, partially offset by an unfavorable currency exchange rate and a higher tax rate.
5 Reasons US Equity Markets Will Digest Gains Further
by Andrew Rocco
Few investors likely predicted the strong stock markets returns of 2023. Strategist Andrew Rocco lays out 5 reasons why equities may finally need to rest and lets you know what you should do in the interim.
DXC Technology (DXC) Falls 15% on Q1 Earnings Miss, Guidance Cut
by Zacks Equity Research
DXC Technology's (DXC) Q1 earnings decline year over year, primarily due to lower revenues and higher tax expenses, partially offset by a lower share count.
Zacks Earnings Trends Highlights: Microsoft, Alphabet, Meta and Nvidia
by Zacks Equity Research
Microsoft, Alphabet, Meta and Nvidia are part of the Zacks Earnings Trends article.
Earnings Estimates Reflect Stabilization
by Sheraz Mian
For the 335 S&P 500 companies that have reported Q2 results, total earnings are down -9.8% from the same period last year on +0.3% higher revenues. Soon, we'll hear from market heavyweights Apple and Amazon.
Earnings Estimates Reflect Stabilization
by Sheraz Mian
For the 335 S&P 500 companies that have reported Q2 results, total earnings are down -9.8% from the same period last year on +0.3% higher revenues. Soon, we'll hear from market heavyweights Apple and Amazon.
Tyler (TYL) Offers Student Transportation Solution to Frisco ISD
by Zacks Equity Research
Tyler's (TYL) Student Transportation solution is selected by Frisco Independent School District to advance routing efficiency and planning.
Paycom (PAYC) Beats Q2 Earnings Estimates, Raises FY23 View
by Zacks Equity Research
Paycom's (PAYC) Q2 results reflect the benefits of strong demand, new business wins and the adoption of new product offerings.
Atlassian (TEAM) to Report Q4 Earnings: What's in the Offing?
by Zacks Equity Research
The rising adoption of Atlassian's (TEAM) cloud-based solutions and the massive digitalization trend in organizations, along with the growing hybrid working trend, are likely to have aided its Q4 performance.
Gen Digital (GEN) to Report Q1 Earnings: What's in Store?
by Zacks Equity Research
The integration of the Avast business is likely to have driven Gen Digital's (GEN) Q1 top line. However, increased interest expenses and the equity dilution impact of the Avast acquisition are anticipated to have weighed on the EPS.
Zacks Investment Ideas feature highlights: Alibaba, Tencent, Microsoft, Nvidia and Baidu
by Zacks Equity Research
Alibaba, Tencent, Microsoft, Nvidia and Baidu are part of the Zacks Investment Ideas article.
Chinese Equities: 3 Reasons the Worst is Over
by Andrew Rocco
Chinese equities have been lagging recently. However, they can be some of the most robust when they are trending in the right direction. Is the worst over?
DXC Technology (DXC) to Report Q1 Earnings: What's in Store?
by Zacks Equity Research
While business divestitures and weakness in the traditional business are likely to have negatively impacted DXC Technology's (DXC) top line in Q1, cost-saving initiatives and lower share counts might have boosted the bottom line.