News

Infrastructure solutions provider Quanta (NYSE:PWR) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 13.3% year on year to $6.55 billion. Its non-GAAP profit of $2.94 per share was 12.1% above analysts’ consensus estimates.

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Pet food company Freshpet (NASDAQ:FRPT) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 22% year on year to $262.7 million. The company’s full-year revenue guidance of $1.20 billion at the midpoint came in 1.7% below analysts’ estimates. Its GAAP profit of $0.36 per share was 5.3% below analysts’ consensus estimates.

Toy and entertainment company Hasbro (NASDAQ:HAS) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 14.5% year on year to $1.10 billion. Its non-GAAP profit of $0.46 per share was 39.3% above analysts’ consensus estimates.

Hotel franchisor Choice Hotels (NYSE:CHH) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 8.8% year on year to $389.8 million. Its non-GAAP profit of $1.55 per share was 4.5% above analysts’ consensus estimates.

Automotive parts company LKQ (NASDAQ:LKQ) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 4.1% year on year to $3.36 billion. Its non-GAAP profit of $0.80 per share was 7.8% above analysts’ consensus estimates.

The S&P 500 notched another all-time high. But at the same time, the market mood isn't particularly great. For good reason.

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(Bloomberg Markets) -- Asset management has two great kingdoms. The purveyors of mutual funds and exchange-traded funds dominate the first and better-known one. They invest in public stocks and bonds, and their clients are increasingly sensitive to costs. Their most popular products these days are passive index trackers with razor-thin fees, often just a few hundredths of a percentage point of assets each year. But the money managers make it up on volume, selling funds to everyone from big insti

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