Corporate Earnings Ignite Market Movements
Amer, Energizer Shine While Oaktree Falls Short
- Shares of Amer Sports Inc. (AS) increased by 5.8% after the company announced third-quarter 2024 adjusted earnings per share of $0.14, exceeding the Zacks Consensus Estimate of $0.09.
- Energizer Holdings Inc. (ENR) saw a significant rise of 9.1% following its fourth-quarter fiscal 2024 adjusted earnings per share of $1.22, which outperformed the Zacks Consensus Estimate of $1.17.
- In contrast, shares of Oaktree Specialty Lending Corp. (OCSL) dropped 3.4% after reporting fourth-quarter fiscal 2024 adjusted earnings per share of $0.55, falling below the Zacks Consensus Estimate of $0.56.
- Weibo Corp. (WB) experienced a 6.4% increase after it revealed third-quarter 2024 adjusted earnings per share of $0.53, surpassing the Zacks Consensus Estimate of $0.46.
Zacks Research Identifies Potential High-Growth Stock
Zacks’ experts have recently pinned down five stocks that show a strong chance of doubling in the next few months. Among these, Sheraz Mian, Director of Research, spotlighted one stock he believes will have the highest climb.
This standout pick comes from an innovative financial firm with over 50 million customers and a broad array of cutting-edge solutions. While not all Zacks picks are winners, this stock has the potential to follow in the footsteps of past successes, like Nano-X Imaging, which soared by +129.6% in just over nine months.
Curious about this top stock and four others? Download Zacks Investment Research’s insights for free.
Energizer Holdings, Inc. (ENR): Free Stock Analysis Report
Weibo Corporation (WB): Free Stock Analysis Report
Oaktree Specialty Lending Corp. (OCSL): Free Stock Analysis Report
Amer Sports, Inc. (AS): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
