Company News for November 9, 2022

  • Shares of Planet Fitness Inc. PLNT jumped 8.6% after the company reported adjusted earnings per share of $0.42 in the third quarter of 2022, beating the Zacks consensus estimate of $0.39.
  • Shares of Nexstar Media Group Inc. NXST soared 8% after reporting adjusted earnings per share of $7.30 in the third quarter of 2023, beating Zacks’ consensus estimate of $5.50.
  • COTY shares of Coty Inc. rose 1.4% after the company reported revenue of $1,390 million in the first quarter of fiscal 2023, beating Zacks’ consensus estimate of $1,379 million. dollars.
  • NCLH shares of Norwegian Cruise Line Holdings Ltd. jumped 3.7% after posting an adjusted loss per share of $0.64 in Q3 2022, narrower than the Zacks consensus estimate of a loss per share of $0.71.

Zacks names ‘only one best choice for doubling up’

From thousands of stocks, 5 Zacks experts have each picked their favorite to skyrocket by +100% or more in the coming months. Of these 5, Research Director Sheraz Mian selects one to have the most explosive advantage of all.

It’s a little-known chemical company that’s up 65% year-on-year, but still very cheap. With relentless demand, rising earnings estimates for 2022 and $1.5 billion for stock buybacks, retail investors could step in at any time.

This company could rival or surpass other recent Zacks stocks that are expected to double, such as Boston Beer Company which jumped +143.0% in just over 9 months and NVIDIA which jumped +175.9% in one. year.

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Nexstar Media Group, Inc (NXST): Free Stock Analysis Report

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Planet Fitness, Inc. (PLNT): 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.

Karen J. Nelson