After gaining 10.57% last Friday, Deckers Outdoor topped the hot stocks today. Its UGG boots and HOKA running shoes are resonating with consumers.
In the third quarter, Deckers, a lifestyle footwear supplier, posted second-quarter earnings of $1.59 a share. Revenue grew by 20.2% Y/Y to $1.31 billion. It expects net sales to increase by 12% in FY 2025.
Digital Realty (DLR) gained 9.62% after posting Q3 results. Earnings and revenue met the average analyst estimates. However, its adjusted EBITDA exceeded estimates. Furthermore, the FFO per share guidance of $6.65 - $6.75 is higher than the consensus. The firm benefited from over $520 million in new leasing in Q3. Its backlog also grew.
ResMed (RMD) closed at a 52-week high last week. The company posted revenue growth of 10.9% Y/Y.
Stocks that fell the most included Mohawk Industries (MHK). The firm reported a 1.8% Y/Y drop in revenue to $2.7 billion in Q3.
Universal Health Services (UHS) lost 9.75% after reporting Q3 results. Despite an 11.2% Y/Y rise in revenue and a non-GAAP EPS of $3.71, investors sold the stock.
HCA Healthcare (HCA) lost 8.86% after posting Q3 results. The largest for-profit hospital operating cut its outlook for the full year. It cited the impact of two major hurricanes hurting results.
Related Stories
