Food and beverage company PepsiCo (NASDAQ:PEP) reported Q1 CY2025 results topping the market’s revenue expectations, but sales fell by 1.8% year on year to $17.92 billion. Its non-GAAP profit of $1.48 per share was 0.8% below analysts’ consensus estimates.
News of the day for April 24, 2025
Global airline American Airlines (NASDAQ:AAL) met Wall Street’s revenue expectations in Q1 CY2025, but sales were flat year on year at $12.55 billion. Its non-GAAP loss of $0.59 per share was 12.1% above analysts’ consensus estimates.
(Bloomberg) -- Norway’s $1.7 trillion sovereign wealth fund reported its biggest loss in six quarters in what was a roller-coaster period for markets globally, with the decline largely caused by a drop in the value of technology companies.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just About MoneyTo Fuel Aff
Swimming pool distributor Pool (NASDAQ:POOL) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 4.4% year on year to $1.07 billion. Its GAAP profit of $1.42 per share was 4.1% below analysts’ consensus estimates.
Rural goods retailer Tractor Supply (NASDAQ:TSCO) missed Wall Street’s revenue expectations in Q1 CY2025 as sales rose 2.1% year on year to $3.47 billion. The company’s full-year revenue guidance of $6 billion at the midpoint came in 61.8% below analysts’ estimates. Its GAAP profit of $0.34 per share was 7.9% below analysts’ consensus estimates.
Shares of Procter & Gamble dipped Thursday morning after the consumer goods giant's fiscal third-quarter sales came in below analysts' estimates and it cut its full-year outlook.
Boat and marine products retailer MarineMax (NYSE:HZO) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 8.3% year on year to $631.5 million. Its non-GAAP profit of $0.23 per share was 19.3% above analysts’ consensus estimates.
Toy and entertainment company Hasbro (NASDAQ:HAS) announced better-than-expected revenue in Q1 CY2025, with sales up 17.1% year on year to $887.1 million. Its non-GAAP profit of $1.04 per share was 54.3% above analysts’ consensus estimates.
(Reuters) -Nasdaq beat first-quarter profit expectations on Thursday as the exchange operator benefited from higher market volatility and strong demand for its fintech and solutions products, sending its shares up 1% before the bell. To diversify its revenue streams, the company has been expanding outside its market-sensitive core activities of trading and listing to products that help financial institutions navigate compliance requirements and safeguard against financial crimes. With markets remaining volatile in the first quarter amid economic uncertainty and the trade dispute between the United States and China, companies have been spending on products that help safeguard them from market volatility.