Shares of integrated packaging solutions provider Sealed Air Corporation (NYSE:SEE) jumped 11.6% in the morning session after the company reported impressive fourth-quarter 2024 results that outperformed analysts' EPS and EBITDA estimates, even as revenue remained mostly flat year on year. Looking ahead, Sealed Air's full-year 2025 revenue and EPS guidance disappointed, both falling short of analyst expectations. Still, this was a decent quarter.
Shares of 3D measurement and imaging company FARO (NASDAQ:FARO) jumped 18.1% in the afternoon session after the company reported a strong Q4 2024 quarter, with revenue, EBITDA, and EPS surpassing Wall Street's estimates. While revenue did decline 5% y/y due to softer demand, the real story here is margin expansion. Gross margins jumped to 56.7% from 50.9% last year, helping drive profitability gains.
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Shares Have Plunged 30% After Hitting a Record Closing High a Week Ago
Consumer discretionary businesses are levered to the highs and lows of economic cycles. This sensitive demand profile can lead to some stock price volatility, but over the past six months, the industry has stayed on track as its 6.3% return was close to the S&P 500’s.
The performance of consumer discretionary businesses is closely linked to economic cycles. This sensitive demand profile can lead to some stock price volatility, but over the past six months, the industry has stayed on track as its 6.3% return was close to the S&P 500’s.
Tesla shares are extending this year’s declines, dropping almost 8% Tuesday, as Elon Musk’s company recorded a 45% plunge in European EV registrations last month.
Semiconductors are the silicon backbone of the digital revolution. But they’re also susceptible to economic fluctuations as chip demand will ebb and flow with capital spending. Unfortunately, the market seems to be predicting a downturn as the industry has tumbled by 8.4% over the past six months. This performance is a far cry from the S&P 500’s 6% ascent.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 2% over the past six months. This drawdown was disappointing since the S&P 500 climbed 5.9%.
Asian shares were broadly lower on jitters from Trump's tariff threats against trade partners.