Company News for Aug 9, 2024
- CyberArk Software Ltd.’s CYBR shares jumped 8.3% after reporting second-quarter 2024 adjusted earnings of 54 cents per share, beating the Zacks Consensus Estimate of 41 cents.
- Parker-Hannifin Corporation’s PH shares rose 10.8% after reporting fourth-quarter fiscal 2024 revenues of $5.18 billion, beating the Zacks Consensus Estimate of $5.09 billion.
- Eli Lilly and Company’s LLY shares soared 9.5% after reporting second-quarter 2024 adjusted earnings of $3.92 per share, widely surpassing the Zacks Consensus Estimate of $2.64.
- Shares of Datadog, Inc. DDOG gained 5.6% after reporting second-quarter 2024 revenues of $645.3 million, missing the Zacks Consensus Estimate of $622.7 million.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners UpEli Lilly and Company (LLY) : Free Stock Analysis Report
Parker-Hannifin Corporation (PH) : Free Stock Analysis Report
CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report
Datadog, Inc. (DDOG) : Free Stock Analysis Report
