Bearings manufacturer RBC Bearings (NYSE:RBC) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 5.8% year on year to $437.7 million. Next quarter’s revenue guidance of $429 million underwhelmed, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $2.83 per share was 4.7% above analysts’ consensus estimates.
As we await the opening of the US market on Friday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.
Charter Communications and Cox Communications announced a definitive agreement to combine their businesses, creating an industry leader valued at $34.5 billion. Charter stock surged over 20% this year.
Jim Lebenthal of Cerity Partners mentioned that Adobe crossed above the 50-day moving average and believes it will continue to have positive growth. Louise Pentland was appointed as chief legal officer at Adobe. Joseph M. Terranova sees Microsoft as the best stock in the market, supported by Citigroup's Buy rating. Kinetik has a 7% dividend yield and Kinsale Capital was named as a final trade by Joshua Brown. Both companies had better-than-expected earnings. Adobe closed at $404.69, Microsoft at $453.13, Kinetik at $45.20, and Kinsale Capital at $459.57.
Identification solutions manufacturer Brady (NYSE:BRC) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 11.4% year on year to $382.6 million. Its non-GAAP profit of $1.22 per share was in line with analysts’ consensus estimates.
Packaged bakery food company Flower Foods (NYSE:FLO) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 1.4% year on year to $1.55 billion. The company’s full-year revenue guidance of $5.35 billion at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP profit of $0.35 per share was 6.3% below analysts’ consensus estimates.
DOXIMITY INC (NYSE:DOCS) is an affordable growth stock with strong profitability, zero debt, and solid earnings growth, trading at a reasonable valuation relative to peers.
