Let's have a look at what is happening on the US markets one hour before the close of the markets on Monday. Below you can find the top S&P500 gainers and losers in today's session.
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 professional tools and equipment stocks fared in Q1, starting with Fortive (NYSE:FTV).
Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 6.1% over the past six months. This performance was discouraging since the S&P 500 stood firm.
Industrial technology company Fortive (NYSE:FTV) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 3.3% year on year to $1.47 billion. Its non-GAAP profit of $0.85 per share was in line with analysts’ consensus estimates.
Dan Loeb's Third Point portfolio saw earnings reports from key companies, offering insight into holdings across sectors. Amazon and Meta exceeded expectations, with Amazon predicting potential consumer behavior shifts and Meta reporting a 22% increase in Loeb's stake.
Stay updated with the movements of the S&P500 index in the middle of the day on Thursday. Discover which stocks are leading as top gainers and losers in today's session.
Industrial technology company Fortive (NYSE:FTV) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 3.3% year on year to $1.47 billion. Its non-GAAP profit of $0.85 per share was in line with analysts’ consensus estimates.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Kennametal (NYSE:KMT) and its peers.
