- Adobe Inc.’s (ADBE) shares plunged 13.7% after the company guided fiscal 2025 adjusted earnings per share in the range of $20.20-$20.50, missing the Zacks Consensus Estimate of $20.53.
- Shares of Nordson Corp. (NDSN) tumbled 8.2% after the company guided fiscal 2025 adjusted earnings per share of $9.70-$10.50, lagging the Zacks Consensus Estimate of $10.53.
- Oxford Industries Inc.’s (OXM) shares plummeted 8.6% after posting third quarter fiscal 2024 adjusted loss per share of $0.11, in contrast to the Zacks Consensus Estimate of an earnings per share of $0.11.
- Shares of Ciena Corp. (CIEN) jumped 15.5% after posting fourth-quarter fiscal 2024 revenues of $1,124.11 million, surpassing the Zacks Consensus Estimate of $1,104.55 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 UpCiena Corporation (CIEN) : Free Stock Analysis Report
Adobe Inc. (ADBE) : Free Stock Analysis Report
Nordson Corporation (NDSN) : Free Stock Analysis Report
Oxford Industries, Inc. (OXM) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
