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Yahoo
2 days ago
- Business
- Yahoo
Why BRP Stock Rocketed Nearly 13% Higher Today
It notched a pair of convincing beats on analyst estimates in its opening quarter of fiscal 2026. It isn't yet proffering guidance for future periods, however. 10 stocks we like better than Brp › Crushing beats on both the top and bottom lines by Bombardier Recreational Products (NASDAQ: DOOO), or BRP, clearly impressed the stock market on Thursday. Buoyed by highly encouraging results from the first quarter of fiscal 2026, the shares enjoyed a gain of nearly 13% across the day's trading session. That percentage was also well higher than the 0.3% gain recorded by the S&P 500 index. BRP, a Canada-based company that specializes in vehicles such as snowmobiles and personal sea craft, published those quarterly figures before market open. These revealed that the company booked revenue of just under 1.85 billion Canadian dollars ($1.34 billion), which was down by almost 8% on a year-over-year basis. However, it easily topped the CA$1.23 billion ($893 million) analyst consensus. Non-IFRS net income also declined, falling to just under CA$35 million ($25 million) from the year-ago profit of almost CA$121 million ($88 million). On a per-share basis, the former shook out to CA$0.47 ($0.34) per share. Again, though, this was significantly better than pundits had been expecting, as their collective estimate was merely CA$0.29 ($0.21) per share. In its earnings release, BRP gave itself a pat on the back for its better-than-anticipated performance in light of recent macroeconomic uncertainty. It attributed this largely to brisk end-of-season sales in the snowmobile segment. That macroeconomic uncertainty, however, is keeping management from providing guidance for future periods. That said, CEO Jose Boisjoli commented in a press release that "although demand remains soft due to a challenging macro environment, our strong product portfolio and leaner inventory levels position us favorably for a rebound." Before you buy stock in Brp, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Brp wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends BRP. The Motley Fool has a disclosure policy. Why BRP Stock Rocketed Nearly 13% Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Why Southwest Airlines Stock Climbed by More Than 5% Today
The company made a significant change to a long-standing policy. This creates a new revenue stream for the carrier, however. 10 stocks we like better than Southwest Airlines › A new pricing regime was the wind lifting Southwest Airlines (NYSE: LUV) stock on Tuesday. On the news that the company is falling in line with a current standard in the airline industry, investors lapped up its shares, to the point where they closed the trading day more than 5% higher in price. That compared most favorably to the benchmark S&P 500's (SNPINDEX: ^GSPC) barely over 2% gain. Southwest announced Tuesday it will start levying on its passengers a $35 fee for one checked bag, and $45 for a second. Customers that hold Business Select or Choice Extra premium tickets can check two bags for free, while its A-List and Rapid Rewards credit card holders will be allowed to check one free of charge. The airline carrier is wasting no time implementing this new policy. It added that it will come into force on Wednesday, as it is to apply to flights booked for that day or afterward. This did not come out of a clear blue sky; Southwest announced it would start charging for checked bags back in March. At that time, however, it didn't specify the fees. The move is in line with a long-tail trend with airlines, which have been attempting for years to draw revenue from non-ticket fees. Many flyers opt for the cheapest tickets they can find to a destination; hence the desire by carriers to supplement ticket revenue. Southwest's new bag fees were likely inevitable, given the company's disappointing financial performance recently. It remains to be seen whether the demise of its long-admired free bag check policy will lead to a defection in regular customers. I wouldn't imagine so, as travelers tend to grudgingly accept new fees such as this if their overall flight costs remain comparatively modest. Before you buy stock in Southwest Airlines, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Southwest Airlines wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Southwest Airlines. The Motley Fool has a disclosure policy. Why Southwest Airlines Stock Climbed by More Than 5% Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Why Intuit Stock Topped the Market on Tuesday
An analyst reiterated his very optimistic take on the business. He feels it has price upside approaching 10%. 10 stocks we like better than Intuit › Intuit (NASDAQ: INTU) stock was off to a fine start as the Memorial Day-shortened trading week began. The tax and finance software specialist was the subject of a new, bullish analyst note, and investors reacted to this by pushing the stock's price up about 4.4% on the day. That easily beat the 2% increase of the S&P 500 index. The analyst behind the new Intuit note was Mizuho's Siti Panigrahi, who reiterated his outperform (read: buy) recommendation on the stock at a price target of $825 per share. That anticipates upside of nearly 10% on today's closing price. Panigrahi might have felt compelled to double down on his Intuit take, as the stock just hit its one-year high. That wasn't a great surprise. At the end of last week, the company published fiscal-third-quarter results, posting impressive double-digit increases on both the top and bottom lines. Both key metrics beat consensus analyst estimates; ditto for fourth-quarter guidance. According to reports, Panigrahi was particularly heartened by the company's recent pricing increases for its foundational QuickBooks accounting software. These will kick in with the start of Intuit's fiscal 2026 on July 1. In his view, the move demonstrates management's ability to sustain double-digit percentage growth in its crucial global solutions group business. Intuit's third quarter is important and indicative, since it covers tax season (the company operates the storied Turbo Tax platform). Given its solid and impressive performance during the quarter, investors are right to consider management's ambitious guidance to be realistic. This feels like a business that will continue to power along, and I'd expect more stock price peaks in the coming weeks and months. Before you buy stock in Intuit, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Intuit wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intuit. The Motley Fool has a disclosure policy. Why Intuit Stock Topped the Market on Tuesday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Why Box Stock Jumped Nearly 20% Today
Box stock soared after the company reported better-than-expected earnings (again!). Adjusted earnings per share beat Wall Street estimates, despite a tax-related drop from last year. The shares hit an all-time high, fueled by strong results and optimism about its AI strategy. 10 stocks we like better than Box › Shares of Box (NYSE: BOX) surged as much as 19.7% higher on Wednesday, peaking around 1:30 p.m. ET. The cloud-based data storage and content management veteran reported robust first-quarter fiscal-year 2026 results on Tuesday evening. By 3:10 p.m. ET, the stock was up about 18% from the previous day's close. Box's Q1 2026 sales rose 4% year over year to $276.3 million. Adjusted earnings fell from $0.39 to $0.30 per diluted share, including a $0.01 headwind from changing foreign currency exchange rates. Your average Wall Street analyst would have settled for earnings near $0.26 per share on revenue in the neighborhood of $275.1 million. Looking ahead, Box's management projects second-quarter revenue of approximately $290 million with roughly $0.30 of adjusted earnings per share. These numbers will compare to $270 million and $0.44 per share, respectively, in the year-ago period. Non-cash tax charges are weighing on Box's bottom-line results this year. The company recently turned profitable and is now recognizing $248 million of deferred tax credits, little by little. This item reduced Box's first-quarter adjusted earnings by $0.12 per share. The company recently unveiled a brand-new artificial intelligence (AI) platform that will help enterprise-scale clients feed data to their AI agents. Box's stock is trading at an all-time high today, boosted by a promising AI strategy and five straight quarters of analyst-stumping financial results. Even so, Box shares trade at a fairly modest valuation. In that context, today's significant price jump looks reasonable. Before you buy stock in Box, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Box wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,389!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $830,492!* Now, it's worth noting Stock Advisor's total average return is 982% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Anders Bylund has no position in any of the stocks mentioned. The Motley Fool recommends Box. The Motley Fool has a disclosure policy. Why Box Stock Jumped Nearly 20% Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
USA Today
3 days ago
- Business
- USA Today
Average Social Security check to break $2,000 for the first time ever in June 2025
Sean Williams The Motley Fool When the Social Security Act was signed into law in 1935, its purpose was to provide a financial foundation for America's aging workforce. Nine decades later, this mission is still being fulfilled, with the added bonus of also providing protections for workers with disabilities and survivors of deceased workers. Based on an analysis from the Center on Budget and Policy Priorities, Social Security was responsible for pulling 22 million people out of poverty in 2023, which is more than any other social program. Nearly three-quarters of these 22 million people were aged 65 and above. For most retired-worker beneficiaries, their monthly payout is more than just income — it's a necessity. According to 23 years of annual surveys by Gallup, Social Security income helps between eight and nine out of every 10 retirees cover at least some portion of their expenses. Next week, when the calendar officially flips to June, Social Security retired-worker benefits will do something that's never been seen in the program's 90-year history. Who's ready for Social Security history to be made? Every month, the Social Security Administration (SSA) publishes a "Monthly Statistical Snapshot" that intricately breaks down where benefits paid in the previous month ended up. For example, the April statistical snapshot shows that $128.736 billion in traditional Social Security benefits were doled out to 69.378 million people. Retired workers account for nearly 76% of all beneficiaries (52.587 million), with disabled workers (7.156 million) and survivor beneficiaries (5.841 million) comprising much of the remainder. If you're wondering why these three numbers don't add up to 69.378 million, it's because spouses, children and other direct relatives may qualify for benefits on behalf of a retired, disabled or deceased worker. In addition to breaking out how many beneficiaries received a payment, Social Security's monthly snapshot provides the average monthly benefit for each category. Spanning all beneficiaries, the average payout was $1,855.57 in April. But it's the average monthly benefit for retired workers that's just a week away from making history. Last month, retired-worker beneficiaries took home an average check of $1,999.97. However, this average monthly payout isn't static. Every month, new beneficiaries are entering the pool to receive their first monthly Social Security check, and some beneficiaries pass away. Additionally, higher nominal wages paid to working Americans over time, coupled with the impact of near-annual cost-of-living adjustments (COLAs), directly affect the average monthly take-home pay for retired-worker beneficiaries. Due to these factors, the average retired-worker benefit has always risen on a month-to-month basis, based on more than a decade of published SSA statistical snapshots. Sometimes, these increases are pronounced, such as the jump from an average payout of $1,980.86 for retired workers in February 2025 to $1,999.97 just two months later. This $19.11 increase spanning just two months potentially signals a big uptick in workers filing for benefits. More often, the average retired-worker payout grows by $1 to $2 on a month-to-month basis, not including the one month each year when COLAs are implemented. With the expectation that this trend remains intact, the average Social Security retired-worker benefit in May, based on the soon-to-be-reported June statistical snapshot, will surpass $2,000 for the first time in history. It's a psychologically important figure for a program that serves as a financial foundation for many aging workers. A Social Security dollar simply isn't what it once was But uncorking the champagne isn't advisable just because Social Security is making history. While nominal monthly payouts for retirees continue to climb, they've been doing so at a considerably slower rate than the inflationary pressures retirees have been contending with for a quarter of a century. Beginning in 1975, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) became Social Security's inflationary measure for doling out annual cost-of-living adjustments. With over 200 spending categories, all of which have their own respective weightings, this index can be whittled down to a single figure at month's end, which makes for easy year-over-year comparisons to see whether collective prices are rising (inflation) or falling (deflation). Though everything sounds kosher on paper, the CPI-W has done retirees no favors. As its full name implies, the CPI-W is focused on the spending habits of "urban wage earners and clerical workers." These are typically working-age people who aren't currently receiving a Social Security benefit. More importantly, working-age folks and retirees tend to spend their money very differently. Whereas the former spends more on education, apparel and transportation, seniors spend a higher percentage of their monthly budget on shelter and medical care services than the typical working American. Even though an overwhelming majority of Social Security beneficiaries are aged 62 and above, the inflationary index used to calculate annual COLAs isn't properly weighting shelter and medical care services to their needs. The result? According to a May 2023 analysis from nonpartisan senior advocacy group The Senior Citizens League (TSCL), the purchasing power of a Social Security dollar dropped by 36% from January 2000 to February 2023. A more recent analysis from TSCL points to a 20% loss of buying power for Social Security income between 2010 and July 2024. Even though Social Security retired-worker benefits are breaking above psychological barriers, retirees are more often than not witnessing the buying power of their Social Security income dwindle over time — and that's nothing to celebrate. The Motley Fool has a disclosure policy. The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY. The $23,760 Social Security bonus most retirees completely overlook Offer from the Motley Fool: If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets"could help ensure a boost in your retirement income. One easy trick could pay you as much as $23,760 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. JoinStock Advisorto learn more about these strategies. View the "Social Security secrets" »
