The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney might be proving the world’s most famous investor wrong. Last year, Warren Buffett, “The Oracle of Omaha,” told CNBC’s Becky Quick he had no faith in the business of streaming video. “Streaming…it’s not really a very good business,” Buffett said on April
Investing.com – Sapiens (NASDAQ: ) reported third quarter EPS of $0.33, $0.05 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $137M versus the consensus estimate of $140.38M. Guidance Sapiens sees FY 2024 revenue of $541.00M-$546.00M versus the analyst consensus of $552.70M. Sapiens’s stock price closed at $39.45. It is up 13.53% in the last 3 months and up 59.85% in the last 12 months.
Earnings Watch: More companies are downbeat on Q4 — but estimates remain strong Source link
Breadcrumb Trail Links Investor Peter Hodson: Good results may still mean the stock plunges, and vice versa. Why is this? Published Oct 31, 2024 • Last updated 6 days ago • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Extraordinary events such as next week’s U.S. elections can overwhelm a company’s strong earnings report. Photo by Gene J. Puskar
Moderna on Thursday posted a surprise profit for the third quarter, smashing Wall Street estimates, as its cost-cutting efforts took hold and sales of its Covid vaccine came in higher than expected. The biotech company posted a net income of $13 million, or 3 cents per share, for the third quarter. That compares with a net loss of $3.63 billion, or $9.53 cents per share, reported for the year-ago period.
