News

Global car rental company Hertz (NASDAQ:HTZ) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 6.6% year on year to $2.04 billion. Its non-GAAP loss of $1.18 per share was 63.9% below analysts’ consensus estimates.

Welding equipment manufacturer Lincoln Electric (NASDAQ:LECO) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 3.4% year on year to $1.02 billion. Its non-GAAP profit of $2.57 per share was 28.9% above analysts’ consensus estimates.

Hospitality company Hyatt Hotels (NYSE:H) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 3.5% year on year to $1.6 billion. Its non-GAAP profit of $0.42 per share was 46.8% below analysts’ consensus estimates.

Semiconductor quality control company Nova (NASDAQ:NVMI) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 45.1% year on year to $194.8 million. On top of that, next quarter’s revenue guidance ($210 million at the midpoint) was surprisingly good and 10.6% above what analysts were expecting. Its non-GAAP profit of $1.94 per share was 6.6% above analysts’ consensus estimates.

Animal health company Zoetis (NYSE:ZTS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.7% year on year to $2.32 billion. On the other hand, the company’s full-year revenue guidance of $9.3 billion at the midpoint came in 2.8% below analysts’ estimates. Its non-GAAP profit of $1.40 per share was 4.7% above analysts’ consensus estimates.

Scientific instrument company Bruker (NASDAQ:BRKR). reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 14.6% year on year to $979.6 million. On the other hand, the company’s full-year revenue guidance of $3.51 billion at the midpoint came in 1.8% below analysts’ estimates. Its non-GAAP profit of $0.76 per share was 3.2% above analysts’ consensus estimates.

News of the day for Feb. 13, 2025