Freight transportation company Union Pacific (NYSEUNP) met Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $6.12 billion. Its GAAP profit of $2.91 per share was 4.4% above analysts’ consensus estimates.
Billionaire entrepreneur Richard Branson on Tuesday criticized U.S. President Donald Trump's decision to withdraw from the 2015 Paris climate deal aimed at tackling climate change.
The midstream firm said it would build a 216-mile pipeline named Trident Intrastate, carrying about 1.5 billion cubic feet of natural gas from Katy to the liquefied natural gas corridor near Port Arthur in Texas.
GPCR USA is noted for its work in developing cutting-edge treatments, including Opdivo, a widely used autoimmune disease therapy generating about $10 billion in annual revenue.
Puma SE reported a 9.8% sales growth in Q4 FY24 and launched a new efficiency program aiming to enhance profitability through cost control measures and strategic investments.
Boat and marine products retailer MarineMax (NYSEHZO) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 11.2% year on year to $468.5 million. Its non-GAAP profit of $0.17 per share was significantly above analysts’ consensus estimates.
Global airline American Airlines (NASDAQAAL) announced better-than-expected revenue in Q4 CY2024, with sales up 4.6% year on year to $13.66 billion. Its non-GAAP profit of $0.86 per share was 30.1% above analysts’ consensus estimates.
US markets close higher on record Netflix subscribers and AI leaders, while S&P 500 reaches new high. Asia markets mixed, Europe down slightly, commodities steady, and US futures mixed.
Commercial lighting and retail display solutions provider LSI (NASDAQLYTS) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 35.5% year on year to $147.7 million. Its non-GAAP profit of $0.26 per share was 30% above analysts’ consensus estimates.
The company expects to raise net proceeds of $387.9 million from the offering and use a bulk of it for working capital and general corporate purposes, including strategic acquisitions.
