Hot Stocks: BIDU, IQ jump on financial results; VRM, AMBA plunge

05:29pm, Tuesday, 01'st Mar 2022 Seeking Alpha
BIDU and IQ both received a boost following their quarterly results. Meanwhile, VRM and AMBA posted massive losses in the wake of their earnings updates.
Tight supplies and soaring prices for new cars continue to have ripple effects on the market for used vehicles, and the companies that sell them.
Tuesday afternoon''s top analyst upgrades and downgrades included Charter Communications, Comcast, Farfetch, GoodRx, Lincoln National and Vroom.

Vroom - Hello Junk Status, Only One Way Out

03:54pm, Tuesday, 01'st Mar 2022
Vroom - Hello Junk Status, Only One Way Out

Vroom skids to all-time low after earnings disappoint

03:53pm, Tuesday, 01'st Mar 2022 Seeking Alpha
Vroom slumped to a new all-time low after the auto retailer missed consensus estimates with its Q4 earnings report. Read more.
Upgrades Stifel upgraded the previous rating for Revolution Medicines Inc (NASDAQ:RVMD) from Hold to Buy. For the fourth quarter, Revolution Medicines had an EPS of $0.71, compared to year-ago quarter
Auto e-commerce site Vroom is in freefall today after a disappointing Monday earnings report. Is VRM stock a buy on the dip?
Vroom's latest quarterly results showed continued strength in used vehicle eCommerce sales, but a pinch on margins as the firm's pricing of those vehicles was not enough to offset higher acquisition c
Vroom, Inc. (VRM) CEO Paul Hennessy on Q4 2021 Results - Earnings Call Transcript

Vroom (VRM) Reports Q4 Loss, Tops Revenue Estimates

11:15pm, Monday, 28'th Feb 2022 Zacks Investment Research
Vroom (VRM) delivered earnings and revenue surprises of -22.08% and 4.21%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Vroom Inc. fell more than 5% in the extended session Monday after the online used-car retailer reported mixed fourth-quarter results, posting a wider-than-expected loss and sales that were above expectations, and called for lower-than-expected sales in the current quarter. Vroom said it lost $130 million, or 95 cents a share, in the quarter, compared with a loss of $61 million, or 44 cents a share, in the year-ago quarter. Adjusted for one-time items, Vroom lost 94 cents a share. Revenue rose 130% to $934.5 million, Vroom said. FactSet consensus called for an adjusted loss of 77 cents a share on sales of $902 million for the company. Vroom sold more vehicles online on "strong" demand for used cars and said there was a "growing consumer acceptance" of its business model, but headwinds included lower margins and higher reconditioning costs due to labor shortages and higher demand for third-party reconditioning companies, Vroom said. Vroom guided for first-quarter revenue of about $875 million, and online sales between 18,000 vehicles and 19,000 vehicles.
Vroom (VRM) delivered earnings and revenue surprises of -22.08% and 4.21%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Vroom Inc. VRM, -1.94% fell more than 5% in the extended session Monday after the online used-car retailer reported mixed fourth-quarter results, posting a wider-than-expected loss and sales

Fox Factory Holding (FOXF) Q4 Earnings and Revenues Beat Estimates

11:50pm, Thursday, 24'th Feb 2022 Zacks Investment Research
Fox Factory Holding (FOXF) delivered earnings and revenue surprises of 0.95% and 2.51%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Vroom Inc. (NASDAQ: VRM) Has Yet To Win Over Analysts?

08:00pm, Tuesday, 22'nd Feb 2022 Stocks Register
Vroom Inc. (NASDAQ:VRM) traded at $6.22 at last check on Monday, February 22, made a downward move of -1.74% on its previous days price. Looking at the stock we see that its previous close was $6.33 with the days price range being $6.175 $6.65. In terms of its 52-week price range, VRM has a Vroom Inc. (NASDAQ: VRM) Has Yet To Win Over Analysts? Read More »
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