Peter Lynch, former manager of the Fidelity Magellan Fund and one of the most respected investors of the 20th century, once confessed that his greatest investing error was selling successful stocks too early.
The regular session of the US market on Wednesday is now over, but let's get a preview of the after-hours session and explore the top S&P500 gainers and losers driving the post-market movements.
Diversified solutions provider Matthews International (NASDAQ:MATW) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 9.3% year on year to $427.6 million. Its non-GAAP profit of $0.34 per share was 10.5% below analysts’ consensus estimates.
American firearm manufacturing company Ruger (NYSE:RGR) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $135.7 million. Its GAAP profit of $0.46 per share increased from $0.40 in the same quarter last year.
Microsoft beat on the top line with Q3 revenues of $70.07 Billion (well above the $68.48 billion consensus) and the bottom line (EPS $3.46 vs $3.22 consensus).
Online learning platform Udemy (NASDAQ:UDMY) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 1.8% year on year to $200.3 million. The company expects next quarter’s revenue to be around $197 million, close to analysts’ estimates. Its non-GAAP profit of $0.12 per share was 20.5% above analysts’ consensus estimates.
Aircraft leasing company FTAI Aviation (NASDAQ:FTAI) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 53.7% year on year to $502.1 million. Its GAAP profit of $0.87 per share was 8.8% below analysts’ consensus estimates.
Tech giant Microsoft (NASDAQ:MSFT) announced better-than-expected revenue in Q1 CY2025, with sales up 13.3% year on year to $70.07 billion. Its GAAP profit of $3.46 per share was 7.6% above analysts’ consensus estimates.
Shares of social network Snapchat (NYSE: SNAP)
fell 17.6% in the morning session after the company reported mixed first-quarter 2025 results: its revenue narrowly outperformed Wall Street's estimates, and its free cash flow missed. The key concern was the lack of near-term guidance, with the company citing macro uncertainty. On a more positive note, Snap blew past analysts' EPS and EBITDA expectations. Overall, we think this was a decent quarter, with some key metrics above Wall Street's expectations. The market seemed to focus on the negatives.
Shares of communications chips maker Qorvo (NASDAQ: QRVO)
jumped 11.4% in the pre-market session after the company reported impressive first-quarter 2025 results, which blew past analysts' revenue, EPS, and adjusted operating income expectations. In addition, its full-year revenue guidance topped Wall Street's estimates. Revenue declined 7.6% compared to the same period last year. Still, performance was better than expected thanks to gains in its High-Performance Analog segment and stable demand from its largest customer in mobile. On the other hand, its inventory levels increased. Still, we think this was a good quarter with some key areas of upside.
Shares of HVAC company Trane (NYSE:TT) jumped 8% in the afternoon session after the company reported impressive first quarter 2025 results, which beat analysts' revenue, EBITDA, and EPS expectations. Due to the "dynamic macro environment", the company maintained its full-year EPS guide rather than raising to reflect the beat. Zooming out, we think this was a solid quarter.
Wall Street traded lower on the final session of the month, heading for its third consecutive monthly loss as economic data began reflecting the impact of Trump tariffs.
Microsoft Corp. (NASDAQ: MSFT) President Brad Smith has declared the company's commitment to adhering to European laws, a stance that starkly contrasts with the White House's disapproval of the EU's recent sanctions on Big Tech.
Microsoft offers a quarterly dividend amount of 83 cents per share ($3.32 a year). Here's how to earn $500 monthly: Start with the yearly target of $6,000.
Online marketplace Etsy (NASDAQ:ETSY) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $651.2 million. Its GAAP loss of $0.49 per share was significantly below analysts’ consensus estimates.
Fresh produce company Fresh Del Monte (NYSE:FDP) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.10 billion. Its non-GAAP profit of $0.63 per share was 2.4% above analysts’ consensus estimates.
