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Tesla (NASDAQ:TSLA) Reports Sales Below Analyst Estimates In Q4 Earnings
Electric vehicle pioneer Tesla (NASDAQ:TSLA) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.1% year on year to $25.71 billion. Its non-GAAP profit of $0.73 per share was 5.2% below analysts’ consensus estimates.
Whirlpool (NYSE:WHR) Misses Q4 Sales Targets, Stock Drops 11.7%
Home appliances manufacturer Whirlpool (NYSE:WHR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 18.7% year on year to $4.14 billion. The company’s full-year revenue guidance of $15.8 billion at the midpoint came in 2.8% below analysts’ estimates. Its GAAP loss of $7.10 per share was significantly below analysts’ consensus estimates.
C.H. Robinson Worldwide (NASDAQ:CHRW) Misses Q4 Sales Targets
Freight transportation intermediary C.H. Robinson (NASDAQ:CHRW) fell short of the market’s revenue expectations in Q4 CY2024, with sales flat year on year at $4.18 billion. Its non-GAAP profit of $1.21 per share was 9.3% above analysts’ consensus estimates.
Meta’s (NASDAQ:META) Q4 Sales Top Estimates But Quarterly Revenue Guidance Significantly Misses Expectations
Social network operator Meta Platforms (NASDAQ:META) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 20.6% year on year to $48.39 billion. On the other hand, next quarter’s revenue guidance of $40.65 billion was less impressive, coming in 2.4% below analysts’ estimates. Its GAAP profit of $8.02 per share was 18.7% above analysts’ consensus estimates.
Fed Chair Powell calls on Congress to create regulations around crypto
Fed Chair Jerome Powell urged Congress to establish clearer crypto regulations, noting the need for better investor protections.
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
New FASB rules allow for corporate bitcoin owners to mark those assets to market.