Shares of social network Snapchat (NYSE: SNAP)
fell 17.6% in the morning session after the company reported mixed first-quarter 2025 results: its revenue narrowly outperformed Wall Street's estimates, and its free cash flow missed. The key concern was the lack of near-term guidance, with the company citing macro uncertainty. On a more positive note, Snap blew past analysts' EPS and EBITDA expectations. Overall, we think this was a decent quarter, with some key metrics above Wall Street's expectations. The market seemed to focus on the negatives.
Shares of communications chips maker Qorvo (NASDAQ: QRVO)
jumped 11.4% in the pre-market session after the company reported impressive first-quarter 2025 results, which blew past analysts' revenue, EPS, and adjusted operating income expectations. In addition, its full-year revenue guidance topped Wall Street's estimates. Revenue declined 7.6% compared to the same period last year. Still, performance was better than expected thanks to gains in its High-Performance Analog segment and stable demand from its largest customer in mobile. On the other hand, its inventory levels increased. Still, we think this was a good quarter with some key areas of upside.
Shares of fast-food company Yum China (NYSE:YUMC)
fell 7.7% in the afternoon session after the company reported weak first quarter 2025 results. Its revenue missed significantly, and its EBITDA fell short of Wall Street's estimates.
On the other hand, Yum China met analysts' same-store sales expectations. Still, this was a weaker quarter.
Shares of coffeehouse chain Starbucks (NASDAQ:SBUX)
fell 10.2% in the pre-market session after the company reported disappointing first-quarter 2025 results as its revenue, EPS, and EBITDA fell short of Wall Street's estimates. The key highlight for the quarter was the drop in global same-store sales, with North America dragging results down due to a 4% decline in transactions despite a higher average spend per order.
This dip in volume led to flat sales in the U.S. and a mere 2% growth globally, with the modest revenue gain largely driven by the opening of 213 new stores rather than demand at existing ones.
Overall, this was a softer quarter.
Shares of power conversion and control solutions provider Vicor Corporation (NASDAQ:VICR)
fell 23.6% in the afternoon session after the company reported underwhelming first-quarter 2025 results: its revenue and EPS fell short of Wall Street's estimates. Revenue grew 12% from a year ago but declined 2% from the prior quarter, pointing to slowing momentum in core product lines. Overall, this quarter could have been better.
Shares of eyecare company Bausch + Lomb (NYSE:BLCO)
fell 21.2% in the morning session after the company reported weak first quarter 2025 results: constant currency revenue fell short of Wall Street's estimates, leading to an EPS miss. On the other hand, it was good to see Bausch + Lomb provide full-year revenue guidance that slightly beat analysts' expectations, although raising full-year revenue guidance after missing on revenue often raises questions. Overall, this quarter could have been better.
Shares of electronics manufacturing services provider Benchmark (NYSE:BHE) fell 14.7% in the morning session after the company reported weak first quarter 2025 results: its revenue missed and its revenue and EPS guidance for the next quarter fell slightly short of Wall Street's estimates. Sales declined 6% year over year, driven by broad-based weakness across key sectors like Medical, Industrial, and Advanced Computing, with only the Aerospace and Semiconductor units posting growth.
On the other hand, Benchmark beat analysts' EPS expectations this quarter. Still, this was a weaker quarter.
Shares of freight delivery company Werner (NASDAQ:WERN)
fell 16.3% in the morning session after the company reported weak first quarter 2025 results as its Logistics revenue missed and its revenue fell short of Wall Street's estimates. Sales declined 7% year over year, with logistics revenue down 3%. Overall, this quarter could have been better.
Shares of HVAC company Trane (NYSE:TT) jumped 8% in the afternoon session after the company reported impressive first quarter 2025 results, which beat analysts' revenue, EBITDA, and EPS expectations. Due to the "dynamic macro environment", the company maintained its full-year EPS guide rather than raising to reflect the beat. Zooming out, we think this was a solid quarter.
Many investors are calling a bottom, partly based on this indicator that has been used to quite accurately track flows of smart money rotating back into stocks.
Shares of industrial and commercial distributor Global Industrial (NYSE:GIC) jumped 14.8% in the afternoon session after the company reported impressive first quarter 2025 results, which blew past analysts' revenue, EPS, and EBITDA expectations. However, guidance remains uncertain, as management didn't provide explicit forward-looking revenue or EPS figures and flagged recent tariff disruptions as a growing risk across the supply chain.
Zooming out, we think this was a good quarter with some key areas of upside.
Shares of semi trailers and liquid transportation container manufacturer Wabash (NYSE:WNC)
fell 30.5% in the afternoon session after the company reported underwhelming first quarter 2025 results: Revenue and EPS in the quarter missed. Its full-year revenue guidance missed significantly and its full-year EPS guidance fell short of Wall Street's estimates. A key concern was the steep 26% decline in Transportation Solutions revenue. Overall, this was a weaker quarter.
Shares of fast-food chain Wingstop (NASDAQ:WING)
jumped 11.2% in the afternoon session after the company reported impressive first-quarter 2025 results, which blew past analysts' revenue, EPS, and EBITDA expectations. Revenue rose 17.4% year over year, fueled by a 15.7% jump in system-wide sales and the addition of new stores, although domestic same-store sales barely budged with just a 0.5% increase. Zooming out, we think this was a good quarter with some key areas of upside.
