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.
AUTOMATIC DATA PROCESSING (ADP) stands out as a quality stock with high ROIC, strong cash flow, and steady growth, making it a candidate for long-term investors.
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.
