Quarterly revenue rose 9.5% to $67.3 million, coming ahead of management expectations of $66.7 million to $67.2 million. Wall Street expected revenue of $70.1 million, according to FactSet. Overall, ThredUp ended the quarter with 1.
Adjusted earnings were 54 cents a share, ahead of the 35 cents analysts were expecting, according to FactSet. In 2025, AES expects to make $2.10 to $2.26 in adjusted earnings per share, ahead of Wall Street's expected $2.
BJ's Wholesale Club saw fourth-quarter sales decline, but results exceeded Wall Street's estimates for a larger retreat. The warehouse club recorded net income of $122.7 million, or 92 cents a share, for the fourth quarter ended Feb. 1, compared to $145.9 million, or $1.08 a share, in the prior-year period.
Financial markets are signaling that the risk of a recession is growing as tariff-related uncertainty and indicators of economic weakness spread fear across Wall Street.
Shares of Venture Global sank after the company's fourth-quarter results missed Wall Street views, extending the weeks-long decline they have weathered since their debut less than two months ago. The stock dropped 29% to a new low of $10.15 in early trading. Shares started trading at $24.05 in January, down from a $25 initial public offering price.
Nvidia said sales, driven by the chips that power artificial intelligence, rose 78% to $39.3 billion in its latest quarter. Net income rose 80% to $22 billion. Both figures came in ahead of Wall Street’s expectations.
Walmart delivered another year of strong sales and profits, but executives expressed caution about an uncertain economic landscape.