Plexus delivered first quarter results that met Wall Street’s revenue expectations but received a negative market reaction, as investors weighed the company’s cautious sector outlooks despite operational progress. Management attributed the quarter’s solid performance to robust new program wins—particularly in engineering solutions and sustaining services—and ongoing operational efficiency initiatives. CEO Todd Kelsey noted, “Our commitment to our customer’s success during dynamic market environments is enabling a growing breadth of new program wins across Plexus’s solutions.” The team highlighted that engineering wins were the strongest in more than five years, while the largest-ever sustaining services contract was signed with an industry-leading healthcare customer. These achievements, together with improved working capital efficiency, underpinned the quarter’s financial outcomes.
Chemed’s first quarter results saw a negative market response, despite revenue and non-GAAP earnings per share modestly exceeding Wall Street expectations. Management highlighted strong performance at its VITAS hospice subsidiary, driven by higher admissions and average daily census, partially supported by the Covington Health acquisition. CEO Kevin McNamara said, “VITAS continued its strong operating performance,” noting strategic efforts to navigate Medicare cap constraints. Meanwhile, Roto Rooter’s revenue grew, though management acknowledged a margin decline due to pricing adjustments in commercial excavation.
Molina Healthcare’s first quarter results were met with a negative market reaction, despite exceeding Wall Street revenue and non-GAAP EPS expectations. Management attributed the results to strong customer growth and disciplined medical cost management, but also acknowledged that the Marketplace segment faced one-time pressures from risk adjustment and membership reconciliations. CEO Joe Zubretsky described the company’s consolidated medical cost ratio as “reflect[ing] strong medical cost management and an improving rate environment,” but was quick to note that elevated costs in behavioral health, high-cost drugs, and seasonal illnesses were only partially offset by rate updates. Management’s cautious approach and transparency about segment-level challenges indicated a more reserved outlook than in prior quarters.
Impinj’s first quarter results landed above Wall Street expectations, with revenue and non-GAAP profitability both surpassing consensus estimates. The positive market reaction reflected management’s ability to navigate ongoing macroeconomic pressures—particularly tariff-related disruptions and shifting geographic sourcing—while maintaining demand for its RFID platform. CEO Chris Diorio attributed the solid outcome to steady endpoint IC volumes, strong reader IC sales, and active enterprise engagement, noting, "our execution was solid despite the uncertain environment." Additionally, CFO Cary Baker highlighted that cost discipline and higher-than-expected product gross margins contributed to profitability.
While many analysts on Wall Street have raised their price targets on GMS after The Wall Street Journal’s report that Home Depot may have submitted a competing bid against QXO, RBC Capital said the lack of details “raises questions.”
Robert Half’s first quarter results for 2025 disappointed investors, as both revenue and non-GAAP profit came in below Wall Street expectations, leading to a negative market reaction. Management attributed the shortfall primarily to subdued hiring activity and elongated decision cycles among clients, which they linked to heightened economic uncertainty and evolving U.S. trade policies. CEO Keith Waddell described the business environment as one where “client and job seeker caution continues to elongate decision cycles and subdue hiring activity and new project starts.” The company also absorbed one-time charges from administrative cost reductions, which further weighed on reported earnings.
Covenant Logistics’ first quarter saw revenue and adjusted earnings fall below Wall Street expectations, but the market responded positively due to management’s emphasis on navigating a difficult freight environment and improving operational execution late in the period. CEO David Parker attributed the quarter’s results to a strategic focus on expanding the company’s specialized dedicated fleet and rationalizing lower-return segments. Weather disruptions and avian influenza weighed heavily on miles driven and utilization, with President Paul Bunn noting that, “the combination of weather and avian influenza took its toll on miles.” Despite these headwinds, management highlighted resilience in its managed freight operations and incremental margin improvements, even as overall results remained pressured by external factors.
The current pattern indicates orange wave 3 is in progress, forming part of the larger navy blue wave 3. This setup indicates the stock is in a major advancing phase within a broader bullish trend.
Carlisle’s first quarter was marked by resilience in the face of external challenges, with management highlighting strong reroofing activity and contributions from recent acquisitions as key factors supporting results. CEO Chris Koch noted that “the ongoing strength in reroofing demand, which represents 70% of CCM’s commercial business, continues to be a key driver of our resilient performance,” helping to offset persistent softness in new construction and the residential segment. While unfavorable winter weather and modest price declines weighed on the quarter, management credited gains from its MTL acquisition and operational discipline for stabilizing performance.
Penumbra’s first quarter saw robust demand across its U.S. thrombectomy business, a trend management attributed to continued physician adoption of proprietary CABT (computer-assisted blood clot thrombectomy) technology and the successful launch of new devices. CEO Adam Elsesser highlighted that clinical evidence supporting CABT’s benefits, especially in venous thromboembolism (VTE), drove significant conversion from traditional treatments. The strong product mix and operational efficiencies contributed to margin expansion, while international results were tempered by ongoing weakness in China. As Elsesser noted, “Our strong first quarter results underscore Flash 2.0’s durable growth and momentum in VTE, with 2.0’s demonstrated value proposition continuing to drive conversions.”
Accenture's stock declined on Friday after reporting strong quarterly earnings of $3.49 per share and $17.7 billion in sales. The company also announced a strategic focus on AI.
A popular crypto trader is raising concerns about the price stability of Dogwifhat (CRYPTO: WIF), a popular meme coin rivaling Dogecoin (CRYPTO: DOGE).
Ives said that the "golden era of autonomous" for Tesla officially kicks off on Sunday in Austin as the company gears up for the launch of its robotaxi services, according to TheFly.
The report, also known as the Philly Fed Survey, pointed to weakness in manufacturing activity over the past month; its monthly manufacturing index remained flat at -4 in June, unchanged from May.
