financetom
Business
financetom
/
Business
/
ODDITY Tech Shares Rise After Q1 Results Beat Estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ODDITY Tech Shares Rise After Q1 Results Beat Estimates
May 8, 2024 10:42 AM

01:24 PM EDT, 05/08/2024 (MT Newswires) -- ODDITY Tech ( ODD ) shares were up 14% in recent Wednesday trading after the company's Q1 results surpassed estimates.

The company reported Q1 adjusted diluted earnings late Tuesday of $0.61 per share, up from $0.37 a year earlier.

Analysts polled by Capital IQ expected $0.49.

Revenue for the quarter ended March 31 was $212 million, up from $166 million a year earlier.

Analysts surveyed by Capital IQ expected $205.2 million.

The firm said it expects Q2 adjusted diluted earnings of $0.61 to $0.64 per share on revenue of $185 million to $189 million.

Analysts surveyed by Capital IQ expected $0.56 per share on revenue of $186.4 million.

The company raised its full-year adjusted EPS guidance to $1.57 to $1.62 on revenue of $626 million to $635 million. Its prior outlook was $1.49 to $1.54 on sales of $620 million to $630 million.

Analysts surveyed by Capital IQ expected $1.51 on revenue of $626.4 million.

Price: 35.80, Change: +4.54, Percent Change: +14.52

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
May 16, 2024
Shares of Coinbase fell nearly 8% on Thursday to a price of $202.49.The drop came after a report from the Financial Times that futures exchange CME was considering offering spot bitcoin trading to its clients.Shares of Coinbase dropped nearly 8% to $202.49 during U.S. morning hours on Thursday after a Financial Times report that the Chicago Mercantile Exchange (CME) might...
M&T Bank Insider Sold Shares Worth $6,709,456, According to a Recent SEC Filing
M&T Bank Insider Sold Shares Worth $6,709,456, According to a Recent SEC Filing
May 16, 2024
03:35 PM EDT, 05/16/2024 (MT Newswires) -- John P Barnes, Director, on May 14, 2024, sold 43,426 shares in M&T Bank ( MTB ) for $6,709,456. Following the Form 4 filing with the SEC, Barnes has control over a total of 108,346 shares of the company, with 35,480 shares held directly and 72,866 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/36270/000120919124005653/xslF345X03/doc4.xml Price: 153.78,...
Update: Market Chatter: Waste Management Mulls $3 Billion Divestment of Renewable Natural Gas Business
Update: Market Chatter: Waste Management Mulls $3 Billion Divestment of Renewable Natural Gas Business
May 16, 2024
03:39 PM EDT, 05/16/2024 (MT Newswires) -- (Updates with details and attempts to seek comments.) Waste Management (WM) is considering the sale of its renewable natural gas unit that may be worth roughly $3 billion, Reuters reported Thursday, citing sources with knowledge of the details. The company has tapped JPMorgan Chase to help gauge interest from potential buyers, the report...
-- Laurentian Bank Brief: Announcing Applicable Dividend Rates for its Non-Cumulative Class A Preferred Shares, Series 13 and Non-Cumulative Class A Preferred Shares, Series 14
-- Laurentian Bank Brief: Announcing Applicable Dividend Rates for its Non-Cumulative Class A Preferred Shares, Series 13 and Non-Cumulative Class A Preferred Shares, Series 14
May 16, 2024
03:29 PM EDT, 05/16/2024 (MT Newswires) -- Price: 27.10, Change: -0.23, Percent Change: -0.84 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved