Biggest stock movers today: NTGR, OXM, and more [Seeking Alpha]
Oxford Industries, Inc. (OXM)
Last oxford industries, inc. earnings: 3/26 04:05 pm
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US:NYSE Investor Relations:
investor.oxfordinc.com/investor-relations
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Source: Seeking Alpha
Here are some of Thursday's biggest stock movers: Biggest stock gainers Netgear ( NASDAQ: NTGR ) shares surged 27% after the company updated its business outlook for 3Q24, following a $135M litigation settlement with TP-Link Systems and the earlier-than-expected launch of its next-generation 5G mobile hotspot. The company now anticipates Q3 revenue of $170M to $180M, up from prior guidance of $160M to $175M. The settlement is expected to provide a net benefit of $103.6M, leading to a projected GAAP operating margin of 48.0% to 51.0%, significantly higher than the prior forecast of (15.3)% to (12.3)%. However, Non-GAAP earnings will not reflect the full benefit, with a margin forecast of (4.0)% to (1.0)%, compared to the previous outlook of (11.0)% to (8.0)%. Netgear also expects its Q3 GAAP tax expense to be $19.0 million to $20.0 million and Non-GAAP tax expense to range between zero and $1.0 million. Additionally, the company has repurchased 99,000 shares at $14.92 per share bu
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OXM
News
- Where Does Oxford Industries, Inc. (OXM) Stand Against Other Top Luxury Clothing Stocks to Invest in Now? [Yahoo! Finance]Yahoo! Finance
- Oxford Industries, Inc. (NYSE: OXM) had its price target lowered by analysts at Citigroup Inc. from $92.00 to $65.00. They now have a "sell" rating on the stock.MarketBeat
- Tommy Bahama Owner Oxford Industries Blames Weak Consumer Sentiment for Results [Yahoo! Finance]Yahoo! Finance
- Oxford Industries, Inc. (NYSE: OXM) had its price target lowered by analysts at Telsey Advisory Group from $110.00 to $86.00. They now have a "market perform" rating on the stock.MarketBeat
- Oxford Industries, Inc. (OXM) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
OXM
Earnings
- 9/11/24 - Miss
OXM
Sec Filings
- 9/17/24 - Form 4
- 9/12/24 - Form 10-Q
- 9/11/24 - Form 8-K
- OXM's page on the SEC website