Meta Stock Rallies as Earnings Top Estimates, Meta AI Hits User Milestone
Meta reported better-than-expected quarterly earnings, sending shares higher in extended trading Wednesday.
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Service International (NYSE:SCI) Surprises With Q1 Sales, Stock Soars
Funeral services company Service International (NYSE:SCI) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 2.8% year on year to $1.07 billion. Its non-GAAP profit of $0.96 per share was 5.7% above analysts’ consensus estimates.
Mister Car Wash’s (NASDAQ:MCW) Q1 Sales Beat Estimates
Conveyorized car wash service company Mister Car Wash (NYSE:MCW) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 9.4% year on year to $261.7 million. The company expects the full year’s revenue to be around $1.06 billion, close to analysts’ estimates. Its non-GAAP profit of $0.11 per share was in line with analysts’ consensus estimates.
Guardant Health’s (NASDAQ:GH) Q1: Strong Sales, Stock Soars
Diagnostics company Guardant Health (NASDAQ:GH) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 20.8% year on year to $203.5 million. The company’s full-year revenue guidance of $885 million at the midpoint came in 3.2% above analysts’ estimates. Its non-GAAP loss of $0.49 per share was 17% above analysts’ consensus estimates.
Cognex (NASDAQ:CGNX) Exceeds Q1 Expectations But Quarterly Revenue Guidance Misses Expectations
Machine vision technology company Cognex (NASDAQ:CGNX) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 2.5% year on year to $216 million. On the other hand, next quarter’s revenue guidance of $245 million was less impressive, coming in 1.7% below analysts’ estimates. Its non-GAAP profit of $0.16 per share was 20.4% above analysts’ consensus estimates.
Sprouts (NASDAQ:SFM) Posts Better-Than-Expected Sales In Q1
Grocery store chain Sprouts Farmers Market (NASDAQ:SFM) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 18.7% year on year to $2.24 billion. Its non-GAAP profit of $1.81 per share was 16.8% above analysts’ consensus estimates.
Meta's first quarter earnings, revenue beat Wall Street's expectations
Instagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks to strong advertising revenue — boosted by artificial intelligence tools — on its social media platforms. Meta's stock climbed in extended trading after the results came out. It was a “a good quarter for Meta, but it was before the economic turmoil really kicked in and before the seesaw of the tariffs began,” said Sonata Insights chief analyst Debra Aho Williamson.