Breaking News
May 7, 2025
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Arista Networks Inc. dropped 3.8% to $87.32 after the computer networking company reported first-quarter 2025 results.
Revenue edged up to $2.00 billion from $1.57 billion, net income jumped to $813.8 million from $637.7 million, and diluted earnings per share rose to 64 cents from 50 cents a year ago.
The company authorized an additional program to repurchase up to $1.5 billion.
Arista estimated second-quarter revenue to be approximately $2.1 billion, compared to $1.69 billion in the prior year; non-GAAP gross margin to be 63%, compared to 65.4%; and non-GAAP operating margin to be 46%, compared to 46.5% a year earlier. -
Electronic Arts Inc. advanced 5.2% to $162.55 after the video game company reported fourth-quarter 2025 results.
Revenue jumped to $1.89 billion from $1.78 billion, net income climbed to $254 million from $182 million, and diluted earnings per share rose to 98 cents from 67 cents a year ago.
The company proposed a quarterly cash dividend of 19 cents per share, payable on June 18 to shareholders on record as of May 28.
Electronic Arts guided fiscal 2026 revenue to be between $7.10 billion and $7.50 billion, compared to $7.46 billion in fiscal 2025; net income to be between $795 million and $974 million, compared to $1.12 billion; and diluted earnings per share to be between $3.09 and $3.79, compared to $4.25 a year ago.
For the first quarter of fiscal 2026, the company estimated revenue to be between $1.55 billion and $1.65 billion, compared to $1.66 billion in 2025; net income to be between $125 million and $169 million, compared to $280 million; and diluted earnings per share to be between 49 cents and 66 cents, compared to $1.04 in the prior year. -
Marriott International surged 2.6% to $253.83 after the hotel chain operator reported first-quarter 2025 results.
Net fee revenue jumped 5% to $1.28 billion from $1.19 billion, net income edged up 18% to $665 million from $564 million, and diluted earnings per share rose 24% to $2.39 from $1.93 a year ago.
The company added 12,200 net rooms during the quarter, an increase of 4.6% from a year earlier.
At the end of the quarter, Marriott’s worldwide development pipeline totaled 3,800 properties and over 587,000 rooms, an increase of 7.4% from the prior year.
The company repurchased 2.8 million shares for $0.8 billion in the quarter, and year to date through April 29, the company has returned over $1.2 billion to shareholders through dividends and share repurchases.
Marriott guided second-quarter revenue to be between $1.38 billion and $1.39 billion, compared to $1.34 billion in 2024, and adjusted diluted earnings per share to be between $2.57 and $2.62, compared to $2.50 a year earlier.
The hotel company estimated revenue per available room in the second quarter to grow between 1.5% and 2.5% from the prior year.
For the full year 2025, the company expects revenue to be between $5.36 billion and $5.47 billion, compared to $5.17 billion in 2024, and adjusted diluted earnings per share to be between $9.82 and $10.19, compared to $9.33 a year ago.
Marriott expects net rooms to grow nearly 5%, with worldwide revenue per available room increasing between 1.5% and 3.5% in 2025. -
Gartner Inc. advanced 2.4% to $437.11 after the research and advisory company reported first-quarter 2025 results.
Revenue jumped to $1.53 billion from $1.47 billion, net income inched up to $210.9 million from $210.5 million, and diluted earnings per share rose to $2.71 from $2.67 a year ago.
The company said operating cash flow increased 66% to $314 million and free cash flow edged up 73.3% to $288 million, as contract value climbed 7%.
The company guided for the medium term its research segment to grow between 12% and 16%, conferences up 5% to 10%, and consulting up 3% to 8%, while total revenue is estimated to increase by at least 10%.
The full-year revenue outlook in the research segment was narrowed to $5.33 billion as of May 6 from $5.36 billion as of February 4, bringing down the total revenue estimate to $6.53 billion from $6.55 billion, respectively.
The company estimated full-year adjusted earnings per share to be $11.70, revised upwardly from $11.45 earlier this year.
In comparison, in 2024 revenue was $6.3 billion, and adjusted earnings per share were $14.09. -
Cummins Inc. traded flat at $302.30 after the provider of diesel and alternative fuel engines reported first-quarter 2025 results.
Net sales edged down 3% to $8.17 billion from $8.40 billion, net income plunged to $824 million from $1.99 billion, and diluted earnings per share fell to $5.96 from $14.03 a year ago.
“Sales in North America decreased 1%, and international revenues decreased 5% due to lower demand in Latin America and Asia Pacific, partially offset by higher sales in China,” the company said in a release to investors.
The company proposed a quarterly dividend of $1.82 per share, compared to $1.68 per share a year earlier. -
Lattice Semiconductor Corp. advanced 0.2% to $54.55 after the semiconductor company reported first-quarter 2025 results.
Revenue increased to $120.15 million from $117.42 million, net income plunged to $5.02 million from $16.51 million, and diluted earnings per share fell to 4 cents from 12 cents a year ago.
The company guided second-quarter revenue to be between $118.5 million and $128.5 million, compared to $124.1 million in 2024, and non-GAAP earnings per share to be between 22 cents and 26 cents, compared to 23 cents a year earlier. -
Air Lease Corp. advanced 2.3% to $49.90 after the aircraft leasing company reported first-quarter 2025 results.
Revenue increased to $738.28 million from $663.31 million, net income jumped to $364.75 million from $97.44 million, and diluted earnings per share rose to $3.26 from 87 cents a year ago.
“To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft,” said John L. Plueger, the company’s CEO and president.
The company continues to benefit from strong global aircraft demand in both leasing and aircraft trading as significant aircraft supply constraints persist, Plueger added in the statement to investors. -
Berkshire Hathaway Inc. advanced 1.8% to $539.80 after the diversified conglomerate with businesses in insurance, freight rail transportation, and utility sectors reported first-quarter 2025 results.
Revenue edged down to $89.72 billion from $89.87 billion, net earnings plunged to $4.60 billion from $12.70 billion, and earnings per share fell to $2.13 from $5.88 a year ago. -
Exxon Mobil Corp. eased 0.06% to $106.15 after the energy company reported first-quarter 2025 results.
Revenue edged up to $83.13 billion from $83.08 billion, net income declined to $7.71 billion from $8.22 billion, and diluted earnings per share fell to $1.76 from $2.06 a year ago.
Cash flow from operating activities was $13.0 billion, and free cash flow was $8.8 billion.
During the quarter, the company returned $9.1 billion to shareholders, of which $4.3 billion was in dividends and $4.8 billion in share repurchases.
“This year, we're starting up 10 advantaged projects that are expected to generate more than $3 billion of earnings in 2026 at constant prices and margins,” the company said in a release to investors.
Exxon proposed a second-quarter dividend of 99 cents per share, payable on June 10 to shareholders on record as of May 15. -
Chevron Corp. eased 0.07% to $138.40 after the energy company reported first-quarter 2025 results.
Revenue declined to $47.61 billion from $48.72 billion, net income plunged to $3.50 billion from $5.50 billion, and diluted earnings per share fell to $2.00 from $2.97 a year ago.
“Included in the quarter was a net loss of $175 million related to legal reserves and a tax charge due to changes in the energy profits levy in the United Kingdom that were partially offset by the fair value measurement of Hess Corporation shares,” the company said in a release to investors.
Foreign currency effects decreased earnings by $138 million, the company added in the statement.
Over the last three years, Chevron has returned more than $78 billion of cash to shareholders, and during the first quarter, the company returned $6.9 billion of cash, including share repurchases of $3.9 billion and dividends of $3.0 billion.
The energy company proposed a quarterly dividend of $1.71 per share, payable on June 10 to stockholders on record as of May 19.
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