Latest news with #earningsSeason
Yahoo
3 days ago
- Business
- Yahoo
Data & Business Process Services Q1 Earnings: CSG (NASDAQ:CSGS) is the Best in the Biz
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how CSG (NASDAQ:CSGS) and the rest of the data & business process services stocks fared in Q1. A combination of increasing reliance on data and analytics across various industries and the desire for cost efficiency through outsourcing could mean that companies in this space gain. As functions such as payroll, HR, and credit risk assessment rely on more digitization, key players in the data & business process services industry could be increased demand. On the other hand, the sector faces headwinds from growing regulatory scrutiny on data privacy and security, with laws like GDPR and evolving U.S. regulations potentially limiting data collection and monetization strategies. Additionally, rising cyber threats pose risks to firms handling sensitive personal and financial information, creating outsized headline risk when things go wrong in this area. The 11 data & business process services stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.3% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 6.8% on average since the latest earnings results. Powering billions of critical customer interactions annually, CSG Systems (NASDAQ:CSGS) provides cloud-based software platforms that help companies manage customer interactions, process payments, and monetize their services. CSG reported revenues of $299.5 million, up 1.5% year on year. This print exceeded analysts' expectations by 1.4%. Overall, it was an exceptional quarter for the company with full-year revenue guidance exceeding analysts' expectations and a solid beat of analysts' EPS estimates. 'Team CSG's strong first quarter results enabled us to raise our 2025 non-GAAP profitability and EPS guidance targets. We grew revenue nicely at customers outside of communication service providers ('CSPs') with a third of our revenue now coming from big, faster growing industry verticals providing a buffer against today's macro-economic uncertainty.' said Brian Shepherd, President and Chief Executive Officer of CSG. CSG achieved the highest full-year guidance raise but had the slowest revenue growth of the whole group. Unsurprisingly, the stock is up 3.9% since reporting and currently trades at $63.73. Is now the time to buy CSG? Access our full analysis of the earnings results here, it's free. Pioneering the concept of "agile aerospace" with hundreds of small but powerful satellites, Planet Labs (NYSE:PL) operates the world's largest fleet of Earth observation satellites, capturing daily images of our planet to provide insights on deforestation, agriculture, and climate change. Planet Labs reported revenues of $66.27 million, up 9.6% year on year, outperforming analysts' expectations by 6.5%. The business had a very strong quarter with an impressive beat of analysts' EPS estimates and full-year revenue guidance slightly topping analysts' expectations. Planet Labs pulled off the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 36.2% since reporting. It currently trades at $5.46. Is now the time to buy Planet Labs? Access our full analysis of the earnings results here, it's free. Processing over $10 trillion in equity and fixed income trades daily and managing proxy voting for over 800 million equity positions, Broadridge Financial Solutions (NYSE:BR) provides technology-driven solutions that power investing, governance, and communications for banks, broker-dealers, asset managers, and public companies. Broadridge reported revenues of $1.81 billion, up 4.9% year on year, falling short of analysts' expectations by 2.5%. It was a slower quarter, leaving some shareholders looking for more. Broadridge delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 1.6% since the results and currently trades at $238.16. Read our full analysis of Broadridge's results here. With a research department that makes over 10,000 property updates daily to its 35-year-old database, CoStar Group (NASDAQ:CSGP) provides comprehensive real estate data, analytics, and online marketplaces for commercial and residential properties in the U.S. and U.K. CoStar reported revenues of $732.2 million, up 11.5% year on year. This number met analysts' expectations. It was a strong quarter as it also produced an impressive beat of analysts' EPS estimates and revenue guidance for next quarter meeting analysts' expectations. CoStar had the weakest full-year guidance update among its peers. The stock is down 2.2% since reporting and currently trades at $80.76. Read our full, actionable report on CoStar here, it's free. Known for its proprietary D-U-N-S Number that serves as a unique identifier for businesses worldwide, Dun & Bradstreet (NYSE:DNB) provides business decisioning data and analytics that help companies evaluate credit risks, verify suppliers, enhance sales productivity, and gain market visibility. Dun & Bradstreet reported revenues of $579.8 million, up 2.7% year on year. This result was in line with analysts' expectations. Overall, it was a strong quarter as it also recorded a decent beat of analysts' EPS estimates. The stock is up 1.2% since reporting and currently trades at $9.07. Read our full, actionable report on Dun & Bradstreet here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
4 days ago
- Business
- Yahoo
Data & Business Process Services Stocks Q1 In Review: CoStar (NASDAQ:CSGP) Vs Peers
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how data & business process services stocks fared in Q1, starting with CoStar (NASDAQ:CSGP). A combination of increasing reliance on data and analytics across various industries and the desire for cost efficiency through outsourcing could mean that companies in this space gain. As functions such as payroll, HR, and credit risk assessment rely on more digitization, key players in the data & business process services industry could be increased demand. On the other hand, the sector faces headwinds from growing regulatory scrutiny on data privacy and security, with laws like GDPR and evolving U.S. regulations potentially limiting data collection and monetization strategies. Additionally, rising cyber threats pose risks to firms handling sensitive personal and financial information, creating outsized headline risk when things go wrong in this area. The 11 data & business process services stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.3% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 9.1% on average since the latest earnings results. With a research department that makes over 10,000 property updates daily to its 35-year-old database, CoStar Group (NASDAQ:CSGP) provides comprehensive real estate data, analytics, and online marketplaces for commercial and residential properties in the U.S. and U.K. CoStar reported revenues of $732.2 million, up 11.5% year on year. This print was in line with analysts' expectations, and overall, it was a strong quarter for the company with an impressive beat of analysts' EPS estimates and revenue guidance for next quarter meeting analysts' expectations. CoStar delivered the weakest full-year guidance update of the whole group. Unsurprisingly, the stock is down 1.9% since reporting and currently trades at $81. Is now the time to buy CoStar? Access our full analysis of the earnings results here, it's free. Powering billions of critical customer interactions annually, CSG Systems (NASDAQ:CSGS) provides cloud-based software platforms that help companies manage customer interactions, process payments, and monetize their services. CSG reported revenues of $299.5 million, up 1.5% year on year, outperforming analysts' expectations by 1.4%. The business had an exceptional quarter with full-year revenue guidance exceeding analysts' expectations and a solid beat of analysts' EPS estimates. CSG scored the highest full-year guidance raise among its peers. The market seems content with the results as the stock is up 4.4% since reporting. It currently trades at $64. Is now the time to buy CSG? Access our full analysis of the earnings results here, it's free. Processing over $10 trillion in equity and fixed income trades daily and managing proxy voting for over 800 million equity positions, Broadridge Financial Solutions (NYSE:BR) provides technology-driven solutions that power investing, governance, and communications for banks, broker-dealers, asset managers, and public companies. Broadridge reported revenues of $1.81 billion, up 4.9% year on year, falling short of analysts' expectations by 2.5%. It was a slower quarter, leaving some shareholders looking for more. Broadridge delivered the weakest performance against analyst estimates in the group. The stock is flat since the results and currently trades at $241.80. Read our full analysis of Broadridge's results here. Processing over 2.8 billion insurance transaction records annually through one of the world's largest private databases, Verisk Analytics (NASDAQ:VRSK) provides data, analytics, and technology solutions that help insurance companies assess risk, detect fraud, and make better business decisions. Verisk reported revenues of $753 million, up 7% year on year. This print was in line with analysts' expectations. More broadly, it was a mixed quarter as it also recorded a narrow beat of analysts' constant currency revenue estimates but a slight miss of analysts' full-year EPS guidance estimates. The stock is up 9.9% since reporting and currently trades at $325.42. Read our full, actionable report on Verisk here, it's free. Pioneering the concept of "agile aerospace" with hundreds of small but powerful satellites, Planet Labs (NYSE:PL) operates the world's largest fleet of Earth observation satellites, capturing daily images of our planet to provide insights on deforestation, agriculture, and climate change. Planet Labs reported revenues of $66.27 million, up 9.6% year on year. This result beat analysts' expectations by 6.5%. Overall, it was a very strong quarter as it also recorded an impressive beat of analysts' EPS estimates and full-year revenue guidance slightly topping analysts' expectations. Planet Labs achieved the biggest analyst estimates beat among its peers. The stock is up 38.4% since reporting and currently trades at $5.55. Read our full, actionable report on Planet Labs here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. 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Yahoo
4 days ago
- Automotive
- Yahoo
Q1 Earnings Highlights: Lithia (NYSE:LAD) Vs The Rest Of The Vehicle Retailer Stocks
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at vehicle retailer stocks, starting with Lithia (NYSE:LAD). Buying a vehicle is a big decision and usually the second-largest purchase behind a home for many people, so retailers that sell new and used cars try to offer selection, convenience, and customer service to shoppers. While there is online competition, especially for research and discovery, the vehicle sales market is still very fragmented and localized given the magnitude of the purchase and the logistical costs associated with moving cars over long distances. At the end of the day, a large swath of the population relies on cars to get from point A to point B, and vehicle sellers are acutely aware of this need. The 4 vehicle retailer stocks we track reported a very strong Q1. As a group, revenues beat analysts' consensus estimates by 1.1%. Thankfully, share prices of the companies have been resilient as they are up 9.5% on average since the latest earnings results. With a strong presence in the Western US, Lithia Motors (NYSE:LAD) sells a wide range of vehicles, including new and used cars, trucks, SUVs, and luxury vehicles from various manufacturers. Lithia reported revenues of $9.18 billion, up 7.2% year on year. This print fell short of analysts' expectations by 2.1%. It was a mixed quarter with an impressive beat of analysts' EBITDA estimates but a miss of analysts' EPS estimates. "Our strong first quarter performance reflects the power of our integrated ecosystem and the disciplined execution of the Lithia & Driveway strategy by our teams," said Bryan DeBoer, President and CEO. Lithia pulled off the fastest revenue growth but had the weakest performance against analyst estimates of the whole group. The stock is up 13.2% since reporting and currently trades at $335.73. Is now the time to buy Lithia? Access our full analysis of the earnings results here, it's free. With a strong presence in the Southern and Central US, America's Car-Mart (NASDAQ:CRMT) sells used cars to budget-conscious consumers. America's Car-Mart reported revenues of $370.2 million, up 1.9% year on year, outperforming analysts' expectations by 7.8%. The business had an incredible quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. America's Car-Mart pulled off the biggest analyst estimates beat among its peers. The stock is down 10.5% since reporting. It currently trades at $51.69. Is now the time to buy America's Car-Mart? Access our full analysis of the earnings results here, it's free. Known for its transparent, customer-centric approach and wide selection of vehicles, Carmax (NYSE:KMX) is the largest automotive retailer in the United States. CarMax reported revenues of $7.55 billion, up 6.1% year on year, in line with analysts' expectations. Still, its results were good as it locked in an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' gross margin estimates. Interestingly, the stock is up 4.6% since the results and currently trades at $67.28. Read our full analysis of CarMax's results here. Founded in 1966 as a single recreational vehicle (RV) dealership, Camping World (NYSE:CWH) still sells RVs along with boats and general merchandise for outdoor activities. Camping World reported revenues of $1.41 billion, up 3.6% year on year. This result missed analysts' expectations by 1%. Taking a step back, it was still a very strong quarter as it recorded a solid beat of analysts' EBITDA and EPS estimates. The stock is up 30.5% since reporting and currently trades at $18.40. Read our full, actionable report on Camping World here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. 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
6 days ago
- Business
- Yahoo
Spotting Winners: MongoDB (NASDAQ:MDB) And Data Storage Stocks In Q1
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at data storage stocks, starting with MongoDB (NASDAQ:MDB). Data is the lifeblood of the internet and software in general, and the amount of data created is accelerating. As a result, the importance of storing the data in scalable and efficient formats continues to rise, especially as its diversity and associated use cases expand from analyzing simple, structured datasets to high-scale processing of unstructured data such as images, audio, and video. The 5 data storage stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 3% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 7.7% on average since the latest earnings results. Started in 2007 by the team behind Google's ad platform, DoubleClick, MongoDB offers database-as-a-service that helps companies store large volumes of semi-structured data. MongoDB reported revenues of $549 million, up 21.9% year on year. This print exceeded analysts' expectations by 4.1%. Overall, it was a very strong quarter for the company with EPS guidance for next quarter exceeding analysts' expectations and an impressive beat of analysts' EBITDA estimates. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $201.11. Is now the time to buy MongoDB? Access our full analysis of the earnings results here, it's free. Originally formed in 1988 as part of Bell Labs, Commvault (NASDAQ: CVLT) provides enterprise software used for data backup and recovery, cloud and infrastructure management, retention, and compliance. Commvault Systems reported revenues of $275 million, up 23.2% year on year, outperforming analysts' expectations by 4.8%. The business had a very strong quarter with an impressive beat of analysts' billings estimates and a solid beat of analysts' EBITDA estimates. Commvault Systems achieved the biggest analyst estimates beat and highest full-year guidance raise among its peers. The market seems content with the results as the stock is up 2.9% since reporting. It currently trades at $170.45. Is now the time to buy Commvault Systems? Access our full analysis of the earnings results here, it's free. Started by brothers Ben and Moisey Uretsky, DigitalOcean (NYSE: DOCN) provides a simple, low-cost platform that allows developers and small and medium-sized businesses to host applications and data in the cloud. DigitalOcean reported revenues of $210.7 million, up 14.1% year on year, exceeding analysts' expectations by 1%. Still, it was a mixed quarter as it posted EPS guidance for next quarter missing analysts' expectations. DigitalOcean delivered the weakest performance against analyst estimates and weakest full-year guidance update in the group. As expected, the stock is down 16% since the results and currently trades at $27.52. Read our full analysis of DigitalOcean's results here. Formed in 2011 with the merger of Membase and CouchOne, Couchbase (NASDAQ:BASE) is a database-as-a-service platform that allows enterprises to store large volumes of semi-structured data. Couchbase reported revenues of $56.52 million, up 10.1% year on year. This result beat analysts' expectations by 1.7%. Zooming out, it was a satisfactory quarter as it also produced an impressive beat of analysts' EBITDA estimates. Couchbase had the slowest revenue growth among its peers. The stock is up 33% since reporting and currently trades at $24.69. Read our full, actionable report on Couchbase here, it's free. Founded in 2013 by three French engineers who spent decades working for Oracle, Snowflake (NYSE:SNOW) provides a data warehouse-as-a-service in the cloud that allows companies to store large amounts of data and analyze it in real time. Snowflake reported revenues of $1.04 billion, up 25.7% year on year. This number topped analysts' expectations by 3.4%. Taking a step back, it was a satisfactory quarter as it also logged an impressive beat of analysts' EBITDA estimates but a miss of analysts' billings estimates. Snowflake delivered the fastest revenue growth among its peers. The company added 26 enterprise customers paying more than $1 million annually to reach a total of 606. The stock is up 18.2% since reporting and currently trades at $211.72. Read our full, actionable report on Snowflake here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Consumer Subscription Stocks Q1 In Review: Coursera (NYSE:COUR) Vs Peers
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how consumer subscription stocks fared in Q1, starting with Coursera (NYSE:COUR). Consumers today expect goods and services to be hyper-personalized and on demand. Whether it be what music they listen to, what movie they watch, or even finding a date, online consumer businesses are expected to delight their customers with simple user interfaces that magically fulfill demand. Subscription models have further increased usage and stickiness of many online consumer services. The 8 consumer subscription stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.9% while next quarter's revenue guidance was in line. Luckily, consumer subscription stocks have performed well with share prices up 24.5% on average since the latest earnings results. Founded by two Stanford University computer science professors, Coursera (NYSE:COUR) is an online learning platform that offers courses, specializations, and degrees from top universities and organizations around the world. Coursera reported revenues of $179.3 million, up 6.1% year on year. This print exceeded analysts' expectations by 2.3%. Overall, it was a strong quarter for the company with EBITDA guidance for next quarter exceeding analysts' expectations. 'Stepping into the role of CEO of Coursera, a company at the forefront of transforming learning, has been thrilling. We welcomed more than seven million new learners, marking a first quarter record and underscoring the global demand for job-relevant skills and trusted education,' said Coursera CEO Greg Hart. The stock is up 8.9% since reporting and currently trades at $8.36. Is now the time to buy Coursera? Access our full analysis of the earnings results here, it's free. Founded by a Carnegie Mellon computer science professor and his Ph.D. student, Duolingo (NASDAQ:DUOL) is a mobile app helping people learn new languages. Duolingo reported revenues of $230.7 million, up 37.7% year on year, outperforming analysts' expectations by 3.4%. The business had a very strong quarter with a solid beat of analysts' EBITDA estimates and full-year EBITDA guidance exceeding analysts' expectations. Duolingo achieved the fastest revenue growth and highest full-year guidance raise among its peers. The company reported 130.2 million users, up 33.4% year on year. The market seems happy with the results as the stock is up 17.9% since reporting. It currently trades at $471.57. Is now the time to buy Duolingo? Access our full analysis of the earnings results here, it's free. Spun out from Netflix, Roku (NASDAQ: ROKU) makes hardware players that offer access to various online streaming TV services. Roku reported revenues of $1.02 billion, up 15.8% year on year, exceeding analysts' expectations by 1.5%. Still, it was a slower quarter as it posted a slight miss of analysts' number of total hours streamed estimates and a significant miss of analysts' EBITDA estimates. Interestingly, the stock is up 20.3% since the results and currently trades at $80.99. Read our full analysis of Roku's results here. Launched by Reed Hastings as a DVD mail rental company until its famous pivot to streaming in 2007, Netflix (NASDAQ: NFLX) is a pioneering streaming content platform. Netflix reported revenues of $10.54 billion, up 12.5% year on year. This number was in line with analysts' expectations. It was a strong quarter as it also put up EPS guidance for next quarter exceeding analysts' expectations and a solid beat of analysts' EBITDA estimates. The company reported 305.6 million users, up 13.3% year on year. The stock is up 26.2% since reporting and currently trades at $1,231. Read our full, actionable report on Netflix here, it's free. With courses ranging from investing to cooking to computer programming, Udemy (NASDAQ:UDMY) is an online learning platform that connects learners with expert instructors who specialize in a wide range of topics. Udemy reported revenues of $200.3 million, up 1.8% year on year. This result topped analysts' expectations by 1.5%. Overall, it was a strong quarter as it also recorded EBITDA guidance for next quarter exceeding analysts' expectations. Udemy had the weakest full-year guidance update among its peers. The company reported 17,216 active buyers, up 7.1% year on year. The stock is up 2.9% since reporting and currently trades at $7.08. Read our full, actionable report on Udemy here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
