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Key moments from company performance results.
The S&P 500 was on track for double-digit earnings growth, with more than half of companies having reported Q4 results so far.
Looking back on electrical systems stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Powell (NASDAQ:POWL) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Greenbrier (NYSE:GBX) and its peers.
Central Garden & Pet trades at $39.25 per share and has stayed right on track with the overall market, gaining 8.5% over the last six months. At the same time, the S&P; 500 has returned 7.2%.
Enova currently trades at $147.65 and has been a dream stock for shareholders. It’s returned 369% since February 2021, blowing past the S&P; 500’s 77.9% gain. The company has also beaten the index over the past six months as its stock price is up 23.3% thanks to its solid quarterly results.
Chewy’s stock price has taken a beating over the past six months, shedding 33.2% of its value and falling to $27.03 per share. This might have investors contemplating their next move.
Over the past six months, Bruker has been a great trade, beating the S&P; 500 by 16%. Its stock price has climbed to $41.37, representing a healthy 23.2% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
For the first time in 60 years, the conglomerate’s annual shareholder letter won’t be delivered by Warren Buffett.
It added to the selloff with a 2% drop on Friday. The two-day drop has erased about $360 billion off its market capitalization. The stock is priced at less than 22 times forward earnings, well below its five-year average of 37 and basically even with the S&P; 500’s multiple.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automotive and marine retail stocks fared in Q4, starting with MarineMax (NYSE:HZO).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Nasdaq (NASDAQ:NDAQ) and the best and worst performers in the financial exchanges & data industry.
