Latest Economy Stock Market News

L.B. Foster reported Q1 CY2025 revenue of $97.79 million, a 21.3% year-over-year decline, missing analyst estimates. The company posted a GAAP loss of $0.20 per share, below expectations, and an adjusted EBITDA of $1.82 million, also below estimates. Despite this, full-year revenue guidance of $560 million at the midpoint exceeded analyst forecasts. The stock fell 1.1% to $20.20 post-earnings.

Chennai-based Manoj Jewellers' IPO remained undersubscribed at 70.4% on the second day of bidding, with 21.12 lakh shares subscribed out of 30 lakh offered. The issue, closing on May 7, aims to raise Rs 16.2 crore at Rs 54 per share. Proceeds will primarily repay Rs 13.23 crore of debt, with the rest for corporate purposes.

Kenrik Industries' IPO closed with a 1.94 times subscription, receiving bids for 68.04 lakh shares against an offer of 34.98 lakh. Retail investors bid for 63 lakh shares, while non-institutional investors bid for 5.04 lakh. The company aims to raise Rs 8.75 crore at Rs 25 per share. Share allotment will be finalized by May 7, with trading on the BSE SME starting May 9.

India will retaliate if the EU imposes the Carbon Border Adjustment Mechanism (CBAM), a non-tariff barrier targeting high-carbon goods, with Commerce Minister Piyush Goyal stating it could harm Europe and benefit India by expanding its market. Goyal also criticized developed nations for not addressing consumption waste, emphasizing India's lower emissions despite its large population.

Portillo's Q1 revenue rose 6.4% to $176.4M, missing estimates by 2.4%, while GAAP EPS of $0.05 met expectations. Adjusted EBITDA was $21.21M, a 6.9% miss. Same-store sales grew 1.8%, and the chain now has 94 locations. Operating margin was 5.9%, and free cash flow was -$9.59M. Market cap is $664.6M, with the stock falling 6.7% post-earnings.

Expeditors reported strong Q1 CY2025 results, beating estimates with $2.67B in revenue, up 20.8% YoY. GAAP EPS of $1.47 exceeded by 9.1%, and EBITDA of $292M surpassed forecasts by 15.7%. Operating margin was 10%, with free cash flow at 12.4%. CEO noted customer growth. Shares dropped 5.3% amid a predicted 2.9% revenue decline next year, indicating mixed outlook.

KEI Industries reported a healthy set of numbers for the quarter ended March 2025, driven by solid top-line growth. KEI Industries reported a 34.4% YoY rise in net profit to ₹227 crore for Q4 FY2025, driven by strong demand. Revenue rose 25% to ₹2,915 crore, with EBITDA up 18% at ₹301.3 crore. Margins dipped to 10.3%. Shares closed at ₹3,197.10, down 0.37%.

Prestige Estates Projects Ltd. reported over ₹3,000 crore in sales within a week of launching its first NCR residential project, The Prestige City in Indirapuram. The project sold 1,200 units, with 3,421 homes across 19 towers on 62.5 acres. The development includes retail and entertainment spaces, with additional phases planned.

J&J Snack Foods reported Q1 CY2025 revenue of $356.1 million, a 1% YoY decline, missing estimates of $367.8 million. Non-GAAP EPS of $0.35 fell 48.5% below consensus, and adjusted EBITDA of $26.2 million also underperformed. Operating margin dropped to 1.7% from 5% last year. Free cash flow improved to $8.94 million, but the stock fell 6.1% post-earnings.

To protect your digital assets, categorize them into financial, personal, and business assets. Document all accounts with login details and appoint a digital executor. Include these assets in your will or trust, and consider trusts for high-value assets like cryptocurrency. Consult an estate planning expert to ensure your digital legacy is securely managed and transferred according to your wishes.

Q1 Earnings Results: Novanta (NASDAQ:NOVT) met Q1 revenue expectations with $233.4M, up 1.1% YoY, and exceeded EPS estimates at $0.74, a 9.9% beat. However, Q2 guidance of $235M fell short of analyst forecasts, leading to a 12.3% stock drop. The company maintained strong margins but showed slowing growth.

Lindblad Expeditions reported Q1 2025 revenue of $179.7 million, up 17% year-over-year, exceeding estimates by 18.8%. GAAP EPS was $0, beating the expected -$0.14 loss. Adjusted EBITDA was $29.98 million, a 55.5% beat. The company reaffirmed its full-year revenue guidance of $725 million. CEO highlighted 89% occupancy and a record-high yield of $1,521, setting a strong tone for the year.

Shoals reported Q1 revenue of $80.63M, beating estimates but down 11.2% YoY. EPS was $0.03, in line with estimates. Next quarter's guidance midpoint of $105M exceeds expectations. Backlog rose 4.9% YoY to $645.1M. Operating margin fell to 5.3%, while free cash flow margin improved. The company also raised full-year EBITDA guidance above consensus.

Driven Brands reported Q1 CY2025 revenue of $516.2 million, a 9.8% year-on-year decline but above estimates. Non-GAAP EPS was $0.27, beating expectations by 12.9%. Adjusted EBITDA was $125.1 million with a 24.2% margin. The company reaffirmed its $2.1 billion full-year revenue guidance and highlighted improved operating margin and positive free cash flow.

IPG Photonics reported Q1 2025 revenue of $227.8M, beating estimates but down 9.6% year-on-year. Adjusted EPS of $0.31 surpassed expectations by 40.9%, while EBITDA of $32.68M also exceeded forecasts. However, Q2 guidance of $225M fell short, with operating margin dropping to 0.8%. The stock declined 6.5% to $59 post-earnings.

UBS Securities forecasts an 8% upside for India's Nifty 50 index over the next year, driven by a consumption-led recovery, fiscal stimulus, lower oil prices, and strong rural demand. The brokerage is bullish on financials, autos, and real estate but cautious on industrials and IT. It expects the Nifty to reach 26,000, supported by favorable macro conditions and attractive valuations.`

AdaptHealth Corp. reported Q1 CY2025 revenue of $777.9 million, beating estimates but declining 1.8% year-over-year. The company lowered its full-year revenue guidance to $3.25 billion, slightly below analyst expectations. GAAP loss per share was -$0.05, missing consensus. Adjusted EBITDA of $127.9 million was in line with estimates. The stock rose 13.2% post-earnings despite mixed results.

DoorDash reported Q1 2025 revenue of $3.03 billion, a 20.7% year-over-year increase but slightly below estimates. GAAP EPS of $0.44 beat expectations by 14.6%. Adjusted EBITDA was $590 million, in line with forecasts. Orders rose to 732 million, up 112 million year-over-year. Despite a revenue miss, strong EPS and order growth were noted, though the stock fell 3.8% post-earnings.

L.B. Foster reported Q1 CY2025 revenue of $97.79 million, a 21.3% year-over-year decline, missing analyst estimates. The company posted a GAAP loss of $0.20 per share, below expectations, and an adjusted EBITDA of $1.82 million, also below estimates. Despite this, full-year revenue guidance of $560 million at the midpoint exceeded analyst forecasts. The stock fell 1.1% to $20.20 post-earnings.

Chennai-based Manoj Jewellers' IPO remained undersubscribed at 70.4% on the second day of bidding, with 21.12 lakh shares subscribed out of 30 lakh offered. The issue, closing on May 7, aims to raise Rs 16.2 crore at Rs 54 per share. Proceeds will primarily repay Rs 13.23 crore of debt, with the rest for corporate purposes.

Kenrik Industries' IPO closed with a 1.94 times subscription, receiving bids for 68.04 lakh shares against an offer of 34.98 lakh. Retail investors bid for 63 lakh shares, while non-institutional investors bid for 5.04 lakh. The company aims to raise Rs 8.75 crore at Rs 25 per share. Share allotment will be finalized by May 7, with trading on the BSE SME starting May 9.

India will retaliate if the EU imposes the Carbon Border Adjustment Mechanism (CBAM), a non-tariff barrier targeting high-carbon goods, with Commerce Minister Piyush Goyal stating it could harm Europe and benefit India by expanding its market. Goyal also criticized developed nations for not addressing consumption waste, emphasizing India's lower emissions despite its large population.

Portillo's Q1 revenue rose 6.4% to $176.4M, missing estimates by 2.4%, while GAAP EPS of $0.05 met expectations. Adjusted EBITDA was $21.21M, a 6.9% miss. Same-store sales grew 1.8%, and the chain now has 94 locations. Operating margin was 5.9%, and free cash flow was -$9.59M. Market cap is $664.6M, with the stock falling 6.7% post-earnings.

Expeditors reported strong Q1 CY2025 results, beating estimates with $2.67B in revenue, up 20.8% YoY. GAAP EPS of $1.47 exceeded by 9.1%, and EBITDA of $292M surpassed forecasts by 15.7%. Operating margin was 10%, with free cash flow at 12.4%. CEO noted customer growth. Shares dropped 5.3% amid a predicted 2.9% revenue decline next year, indicating mixed outlook.

KEI Industries reported a healthy set of numbers for the quarter ended March 2025, driven by solid top-line growth. KEI Industries reported a 34.4% YoY rise in net profit to ₹227 crore for Q4 FY2025, driven by strong demand. Revenue rose 25% to ₹2,915 crore, with EBITDA up 18% at ₹301.3 crore. Margins dipped to 10.3%. Shares closed at ₹3,197.10, down 0.37%.

Prestige Estates Projects Ltd. reported over ₹3,000 crore in sales within a week of launching its first NCR residential project, The Prestige City in Indirapuram. The project sold 1,200 units, with 3,421 homes across 19 towers on 62.5 acres. The development includes retail and entertainment spaces, with additional phases planned.

J&J Snack Foods reported Q1 CY2025 revenue of $356.1 million, a 1% YoY decline, missing estimates of $367.8 million. Non-GAAP EPS of $0.35 fell 48.5% below consensus, and adjusted EBITDA of $26.2 million also underperformed. Operating margin dropped to 1.7% from 5% last year. Free cash flow improved to $8.94 million, but the stock fell 6.1% post-earnings.

To protect your digital assets, categorize them into financial, personal, and business assets. Document all accounts with login details and appoint a digital executor. Include these assets in your will or trust, and consider trusts for high-value assets like cryptocurrency. Consult an estate planning expert to ensure your digital legacy is securely managed and transferred according to your wishes.

Q1 Earnings Results: Novanta (NASDAQ:NOVT) met Q1 revenue expectations with $233.4M, up 1.1% YoY, and exceeded EPS estimates at $0.74, a 9.9% beat. However, Q2 guidance of $235M fell short of analyst forecasts, leading to a 12.3% stock drop. The company maintained strong margins but showed slowing growth.

Lindblad Expeditions reported Q1 2025 revenue of $179.7 million, up 17% year-over-year, exceeding estimates by 18.8%. GAAP EPS was $0, beating the expected -$0.14 loss. Adjusted EBITDA was $29.98 million, a 55.5% beat. The company reaffirmed its full-year revenue guidance of $725 million. CEO highlighted 89% occupancy and a record-high yield of $1,521, setting a strong tone for the year.

Shoals reported Q1 revenue of $80.63M, beating estimates but down 11.2% YoY. EPS was $0.03, in line with estimates. Next quarter's guidance midpoint of $105M exceeds expectations. Backlog rose 4.9% YoY to $645.1M. Operating margin fell to 5.3%, while free cash flow margin improved. The company also raised full-year EBITDA guidance above consensus.

Driven Brands reported Q1 CY2025 revenue of $516.2 million, a 9.8% year-on-year decline but above estimates. Non-GAAP EPS was $0.27, beating expectations by 12.9%. Adjusted EBITDA was $125.1 million with a 24.2% margin. The company reaffirmed its $2.1 billion full-year revenue guidance and highlighted improved operating margin and positive free cash flow.

IPG Photonics reported Q1 2025 revenue of $227.8M, beating estimates but down 9.6% year-on-year. Adjusted EPS of $0.31 surpassed expectations by 40.9%, while EBITDA of $32.68M also exceeded forecasts. However, Q2 guidance of $225M fell short, with operating margin dropping to 0.8%. The stock declined 6.5% to $59 post-earnings.

UBS Securities forecasts an 8% upside for India's Nifty 50 index over the next year, driven by a consumption-led recovery, fiscal stimulus, lower oil prices, and strong rural demand. The brokerage is bullish on financials, autos, and real estate but cautious on industrials and IT. It expects the Nifty to reach 26,000, supported by favorable macro conditions and attractive valuations.`

AdaptHealth Corp. reported Q1 CY2025 revenue of $777.9 million, beating estimates but declining 1.8% year-over-year. The company lowered its full-year revenue guidance to $3.25 billion, slightly below analyst expectations. GAAP loss per share was -$0.05, missing consensus. Adjusted EBITDA of $127.9 million was in line with estimates. The stock rose 13.2% post-earnings despite mixed results.

DoorDash reported Q1 2025 revenue of $3.03 billion, a 20.7% year-over-year increase but slightly below estimates. GAAP EPS of $0.44 beat expectations by 14.6%. Adjusted EBITDA was $590 million, in line with forecasts. Orders rose to 732 million, up 112 million year-over-year. Despite a revenue miss, strong EPS and order growth were noted, though the stock fell 3.8% post-earnings.

Marriott reported Q1 2025 results, beating revenue expectations with $6.26 billion, up 4.8% year-on-year. Non-GAAP EPS was $2.32, exceeding estimates by 3%, and adjusted EBITDA reached $1.22 billion, a 2.9% beat. Management maintained full-year EPS guidance of $10.00 at midpoint. RevPAR rose 53.9% to $181.75. The stock closed flat at $247.27 post-earnings.

EVgo reported Q1 2025 revenue of $75.29 million, up 36.5% year-over-year and slightly above analyst estimates. The company posted a GAAP loss of $0.09 per share, in line with expectations, and reaffirmed its full-year revenue guidance of $360 million. Adjusted EBITDA also beat estimates, and the stock rose 6.9% following the report.

US stock futures declined Tuesday ahead of the Federal Reserve's policy meeting, with S&P 500 futures slipping 0.6%, Dow futures dropping 212 points, and Nasdaq futures falling 0.9%. Investors remain cautious amid trade tensions and the Fed's meeting, where no rate cut is expected, but Chair Jerome Powell's comments are anticipated for insights into economic outlook.

ReNew Energy Global received a Rs 870 crore investment from British International Investment (BII) to expand its solar manufacturing in India. The funds will build a 4 GW TOPCon cell facility, creating 2,000 jobs and boosting domestic solar production, aligning with India's 500 GW renewable energy target and Make in India initiative.

Oil marketing company (OMC) Hindustan Petroleum Corporation Limited (HPCL) reported an 18% YoY increase in Q4 FY25 standalone net profit to ₹3,355 crore, up from ₹2,843 crore. Total income fell 2.7% to ₹1,19,126 crore. The company has a ₹10,894.53 crore negative buffer due to LPG pricing differences. HPCL declared a ₹10.50 per share dividend for FY25.

Energizer reported Q1 2025 revenue of $662.9 million, missing estimates, with flat year-on-year sales. Adjusted EPS of $0.67 met expectations, but Q2 revenue guidance of $694.4 million fell short of analyst forecasts. Management lowered full-year EPS and EBITDA guidance, citing challenges. The stock dropped 5.3% post-earnings, reflecting weaker-than-expected performance and outlook.

Premier (NASDAQ:PINC) reported Q1 CY2025 revenue of $261.4 million, beating estimates by 7.4%, despite a 23.7% year-on-year decline. Non-GAAP EPS of $0.44 surpassed expectations by 45%, while full-year revenue guidance of $975 million at the midpoint fell slightly below estimates. The company raised its adjusted EPS guidance to $1.40 and reported improved margins.

Celsius (CELH) reported Q1 CY2025 revenue of $329.3M, a 7.4% YoY decline, missing estimates. Non-GAAP EPS of $0.18 also fell short. Adjusted EBITDA was $69.69M with a 15.8% operating margin, down from 23.4% last year. CEO John Fieldly highlighted investments in growth areas and the Alani Nu acquisition. The stock dropped 8.1% post-earnings.

SolarEdge (SEDG) reported Q1 CY2025 results with revenue of $219.5 million, a 7.4% year-on-year increase, exceeding estimates. The company posted a non-GAAP loss of $1.14 per share, beating expectations, and generated $23.71 million in free cash flow. Q2 revenue guidance of $275 million midpoint surpassed analyst forecasts.

Tesla's European sales in April dropped sharply, with UK registrations down 62% to 512 vehicles and declines over two-thirds in Denmark, Netherlands, and Sweden. Despite the redesigned Model Y launch, sales fell in eight of the top ten EV markets. Production issues, including in Germany, contributed to Tesla's worst quarterly sales since 2022. Shares fell 1.9% pre-market.

State-owned banks saw a sharp decline on May 6, with the Nifty PSU Bank index plunging 5%, its steepest single-day fall since June 2024. Weak March quarter results from Bank of Baroda triggered the sell-off, eroding ₹58,000 crore in market value. SBI and Bank of Baroda lost ₹14,200 crore and ₹13,000 crore, respectively. The index is now down 5% year-to-date.

Aptus Value Housing Finance India Ltd reported a 26% year-on-year increase in Q4 FY25 net profit to ₹207 crore, driven by strong disbursements and operational efficiency. Disbursements rose 10% YoY to ₹1,064 crore, with AUM at ₹10,865 crore, up 25%. The company added 38 branches, reaching 300. Profitability ratios remained robust, with RoA at 7.85% and RoE at 19.66%. Shares closed at ₹317.60.

Paytm's parent One97 Communications reported a Q4FY25 net loss of Rs 540 crore, down from Rs 550 crore YoY. Revenue fell 16% to Rs 1,912 crore, impacted by a one-time cost of Rs 522 crore and a Rs 70 crore UPI incentive. Excluding the incentive, revenue rose 1% QoQ. Shares closed 6% lower at Rs 816.5 on BSE.

Omnicell reported Q1 2025 results with revenue of $269.7 million, up 9.6% year-over-year, beating estimates. Non-GAAP EPS of $0.26 exceeded expectations by 27.1%. However, next quarter’s revenue guidance of $275 million fell short of estimates. The company lowered its full-year EPS guidance and reported a stock drop of 9.8% post-earnings.

L.B. Foster reported Q1 CY2025 revenue of $97.79 million, a 21.3% year-over-year decline, missing analyst estimates. The company posted a GAAP loss of $0.20 per share, below expectations, and an adjusted EBITDA of $1.82 million, also below estimates. Despite this, full-year revenue guidance of $560 million at the midpoint exceeded analyst forecasts. The stock fell 1.1% to $20.20 post-earnings.

Chennai-based Manoj Jewellers' IPO remained undersubscribed at 70.4% on the second day of bidding, with 21.12 lakh shares subscribed out of 30 lakh offered. The issue, closing on May 7, aims to raise Rs 16.2 crore at Rs 54 per share. Proceeds will primarily repay Rs 13.23 crore of debt, with the rest for corporate purposes.

Kenrik Industries' IPO closed with a 1.94 times subscription, receiving bids for 68.04 lakh shares against an offer of 34.98 lakh. Retail investors bid for 63 lakh shares, while non-institutional investors bid for 5.04 lakh. The company aims to raise Rs 8.75 crore at Rs 25 per share. Share allotment will be finalized by May 7, with trading on the BSE SME starting May 9.

India will retaliate if the EU imposes the Carbon Border Adjustment Mechanism (CBAM), a non-tariff barrier targeting high-carbon goods, with Commerce Minister Piyush Goyal stating it could harm Europe and benefit India by expanding its market. Goyal also criticized developed nations for not addressing consumption waste, emphasizing India's lower emissions despite its large population.

Portillo's Q1 revenue rose 6.4% to $176.4M, missing estimates by 2.4%, while GAAP EPS of $0.05 met expectations. Adjusted EBITDA was $21.21M, a 6.9% miss. Same-store sales grew 1.8%, and the chain now has 94 locations. Operating margin was 5.9%, and free cash flow was -$9.59M. Market cap is $664.6M, with the stock falling 6.7% post-earnings.

Expeditors reported strong Q1 CY2025 results, beating estimates with $2.67B in revenue, up 20.8% YoY. GAAP EPS of $1.47 exceeded by 9.1%, and EBITDA of $292M surpassed forecasts by 15.7%. Operating margin was 10%, with free cash flow at 12.4%. CEO noted customer growth. Shares dropped 5.3% amid a predicted 2.9% revenue decline next year, indicating mixed outlook.

KEI Industries reported a healthy set of numbers for the quarter ended March 2025, driven by solid top-line growth. KEI Industries reported a 34.4% YoY rise in net profit to ₹227 crore for Q4 FY2025, driven by strong demand. Revenue rose 25% to ₹2,915 crore, with EBITDA up 18% at ₹301.3 crore. Margins dipped to 10.3%. Shares closed at ₹3,197.10, down 0.37%.

Prestige Estates Projects Ltd. reported over ₹3,000 crore in sales within a week of launching its first NCR residential project, The Prestige City in Indirapuram. The project sold 1,200 units, with 3,421 homes across 19 towers on 62.5 acres. The development includes retail and entertainment spaces, with additional phases planned.

J&J Snack Foods reported Q1 CY2025 revenue of $356.1 million, a 1% YoY decline, missing estimates of $367.8 million. Non-GAAP EPS of $0.35 fell 48.5% below consensus, and adjusted EBITDA of $26.2 million also underperformed. Operating margin dropped to 1.7% from 5% last year. Free cash flow improved to $8.94 million, but the stock fell 6.1% post-earnings.

To protect your digital assets, categorize them into financial, personal, and business assets. Document all accounts with login details and appoint a digital executor. Include these assets in your will or trust, and consider trusts for high-value assets like cryptocurrency. Consult an estate planning expert to ensure your digital legacy is securely managed and transferred according to your wishes.

Q1 Earnings Results: Novanta (NASDAQ:NOVT) met Q1 revenue expectations with $233.4M, up 1.1% YoY, and exceeded EPS estimates at $0.74, a 9.9% beat. However, Q2 guidance of $235M fell short of analyst forecasts, leading to a 12.3% stock drop. The company maintained strong margins but showed slowing growth.

Lindblad Expeditions reported Q1 2025 revenue of $179.7 million, up 17% year-over-year, exceeding estimates by 18.8%. GAAP EPS was $0, beating the expected -$0.14 loss. Adjusted EBITDA was $29.98 million, a 55.5% beat. The company reaffirmed its full-year revenue guidance of $725 million. CEO highlighted 89% occupancy and a record-high yield of $1,521, setting a strong tone for the year.

Shoals reported Q1 revenue of $80.63M, beating estimates but down 11.2% YoY. EPS was $0.03, in line with estimates. Next quarter's guidance midpoint of $105M exceeds expectations. Backlog rose 4.9% YoY to $645.1M. Operating margin fell to 5.3%, while free cash flow margin improved. The company also raised full-year EBITDA guidance above consensus.

Driven Brands reported Q1 CY2025 revenue of $516.2 million, a 9.8% year-on-year decline but above estimates. Non-GAAP EPS was $0.27, beating expectations by 12.9%. Adjusted EBITDA was $125.1 million with a 24.2% margin. The company reaffirmed its $2.1 billion full-year revenue guidance and highlighted improved operating margin and positive free cash flow.

IPG Photonics reported Q1 2025 revenue of $227.8M, beating estimates but down 9.6% year-on-year. Adjusted EPS of $0.31 surpassed expectations by 40.9%, while EBITDA of $32.68M also exceeded forecasts. However, Q2 guidance of $225M fell short, with operating margin dropping to 0.8%. The stock declined 6.5% to $59 post-earnings.

UBS Securities forecasts an 8% upside for India's Nifty 50 index over the next year, driven by a consumption-led recovery, fiscal stimulus, lower oil prices, and strong rural demand. The brokerage is bullish on financials, autos, and real estate but cautious on industrials and IT. It expects the Nifty to reach 26,000, supported by favorable macro conditions and attractive valuations.`

AdaptHealth Corp. reported Q1 CY2025 revenue of $777.9 million, beating estimates but declining 1.8% year-over-year. The company lowered its full-year revenue guidance to $3.25 billion, slightly below analyst expectations. GAAP loss per share was -$0.05, missing consensus. Adjusted EBITDA of $127.9 million was in line with estimates. The stock rose 13.2% post-earnings despite mixed results.

DoorDash reported Q1 2025 revenue of $3.03 billion, a 20.7% year-over-year increase but slightly below estimates. GAAP EPS of $0.44 beat expectations by 14.6%. Adjusted EBITDA was $590 million, in line with forecasts. Orders rose to 732 million, up 112 million year-over-year. Despite a revenue miss, strong EPS and order growth were noted, though the stock fell 3.8% post-earnings.

Marriott reported Q1 2025 results, beating revenue expectations with $6.26 billion, up 4.8% year-on-year. Non-GAAP EPS was $2.32, exceeding estimates by 3%, and adjusted EBITDA reached $1.22 billion, a 2.9% beat. Management maintained full-year EPS guidance of $10.00 at midpoint. RevPAR rose 53.9% to $181.75. The stock closed flat at $247.27 post-earnings.

EVgo reported Q1 2025 revenue of $75.29 million, up 36.5% year-over-year and slightly above analyst estimates. The company posted a GAAP loss of $0.09 per share, in line with expectations, and reaffirmed its full-year revenue guidance of $360 million. Adjusted EBITDA also beat estimates, and the stock rose 6.9% following the report.

US stock futures declined Tuesday ahead of the Federal Reserve's policy meeting, with S&P 500 futures slipping 0.6%, Dow futures dropping 212 points, and Nasdaq futures falling 0.9%. Investors remain cautious amid trade tensions and the Fed's meeting, where no rate cut is expected, but Chair Jerome Powell's comments are anticipated for insights into economic outlook.

ReNew Energy Global received a Rs 870 crore investment from British International Investment (BII) to expand its solar manufacturing in India. The funds will build a 4 GW TOPCon cell facility, creating 2,000 jobs and boosting domestic solar production, aligning with India's 500 GW renewable energy target and Make in India initiative.

Oil marketing company (OMC) Hindustan Petroleum Corporation Limited (HPCL) reported an 18% YoY increase in Q4 FY25 standalone net profit to ₹3,355 crore, up from ₹2,843 crore. Total income fell 2.7% to ₹1,19,126 crore. The company has a ₹10,894.53 crore negative buffer due to LPG pricing differences. HPCL declared a ₹10.50 per share dividend for FY25.

Energizer reported Q1 2025 revenue of $662.9 million, missing estimates, with flat year-on-year sales. Adjusted EPS of $0.67 met expectations, but Q2 revenue guidance of $694.4 million fell short of analyst forecasts. Management lowered full-year EPS and EBITDA guidance, citing challenges. The stock dropped 5.3% post-earnings, reflecting weaker-than-expected performance and outlook.

Premier (NASDAQ:PINC) reported Q1 CY2025 revenue of $261.4 million, beating estimates by 7.4%, despite a 23.7% year-on-year decline. Non-GAAP EPS of $0.44 surpassed expectations by 45%, while full-year revenue guidance of $975 million at the midpoint fell slightly below estimates. The company raised its adjusted EPS guidance to $1.40 and reported improved margins.

Celsius (CELH) reported Q1 CY2025 revenue of $329.3M, a 7.4% YoY decline, missing estimates. Non-GAAP EPS of $0.18 also fell short. Adjusted EBITDA was $69.69M with a 15.8% operating margin, down from 23.4% last year. CEO John Fieldly highlighted investments in growth areas and the Alani Nu acquisition. The stock dropped 8.1% post-earnings.

SolarEdge (SEDG) reported Q1 CY2025 results with revenue of $219.5 million, a 7.4% year-on-year increase, exceeding estimates. The company posted a non-GAAP loss of $1.14 per share, beating expectations, and generated $23.71 million in free cash flow. Q2 revenue guidance of $275 million midpoint surpassed analyst forecasts.

Tesla's European sales in April dropped sharply, with UK registrations down 62% to 512 vehicles and declines over two-thirds in Denmark, Netherlands, and Sweden. Despite the redesigned Model Y launch, sales fell in eight of the top ten EV markets. Production issues, including in Germany, contributed to Tesla's worst quarterly sales since 2022. Shares fell 1.9% pre-market.

State-owned banks saw a sharp decline on May 6, with the Nifty PSU Bank index plunging 5%, its steepest single-day fall since June 2024. Weak March quarter results from Bank of Baroda triggered the sell-off, eroding ₹58,000 crore in market value. SBI and Bank of Baroda lost ₹14,200 crore and ₹13,000 crore, respectively. The index is now down 5% year-to-date.

Aptus Value Housing Finance India Ltd reported a 26% year-on-year increase in Q4 FY25 net profit to ₹207 crore, driven by strong disbursements and operational efficiency. Disbursements rose 10% YoY to ₹1,064 crore, with AUM at ₹10,865 crore, up 25%. The company added 38 branches, reaching 300. Profitability ratios remained robust, with RoA at 7.85% and RoE at 19.66%. Shares closed at ₹317.60.

Paytm's parent One97 Communications reported a Q4FY25 net loss of Rs 540 crore, down from Rs 550 crore YoY. Revenue fell 16% to Rs 1,912 crore, impacted by a one-time cost of Rs 522 crore and a Rs 70 crore UPI incentive. Excluding the incentive, revenue rose 1% QoQ. Shares closed 6% lower at Rs 816.5 on BSE.

Omnicell reported Q1 2025 results with revenue of $269.7 million, up 9.6% year-over-year, beating estimates. Non-GAAP EPS of $0.26 exceeded expectations by 27.1%. However, next quarter’s revenue guidance of $275 million fell short of estimates. The company lowered its full-year EPS guidance and reported a stock drop of 9.8% post-earnings.