Data warehouse-as-a-service Snowflake (NYSE:SNOW) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 25.7% year on year to $1.04 billion. Its non-GAAP profit of $0.24 per share was 13.1% above analysts’ consensus estimates.
Shares of children’s apparel manufacturer Carter’s (NYSE:CRI) fell 9.8% in the afternoon session after the company slashed its quarterly dividend to $0.25 from $0.80 in the previous quarter. Management acknowledged that the prior dividend level was unsustainable given current profitability. While painful for investors, the cut was intended to preserve cash and maintain financial flexibility in response to growing macroeconomic uncertainty and the risk of rising costs from potential tariffs.
Power resiliency solutions provider American Superconductor (NASDAQ:AMSC)
will be reporting earnings tomorrow after market close. Here’s what to look for.
Website design and e-commerce platform provider Wix.com (NASDAQ:WIX)
will be announcing earnings results tomorrow before the bell. Here’s what to expect.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
