Several major companies have released their Q1 2025 earnings, surprising market participants with varied financial performances. Hugo Boss, for instance, reported revenues of €999 million, slightly below the previous year's €1.01 billion but above analyst forecasts of €974 million. Notably, their EBIT hit €61 million, outstripping expectations of €50 million, leading to an 8.4% rise in shares, according to Reuters.
Elsewhere, Novartis exceeded analyst expectations with a 22% increase in adjusted net income, reaching $4.48 billion, fueled by strong sales from drugs like Leqvio and Kisqali. This led to the company raising its full-year earnings forecast. Additionally, Novartis announced an ambitious $23 billion investment to expand its U.S. facilities. General Motors also posted robust Q1 results with profits of $2.78 billion, outpacing projections, and revealed plans to reassess its yearly guidance due to potential auto tariff changes, as reported by AP News.
Other companies making waves include Siemens Healthineers, which confirmed a revenue increase of 5.9% to €5.48 billion, beating forecasts. Meanwhile, Heico Corporation saw its stock surge by nearly 14% after surpassing earnings expectations with EPS reaching $1.20. On the tech front, Qualcomm reported revenues of $11.67 billion, spurred by growth in handsets and automotive sectors. Lastly, Disney's Direct-to-Consumer segment significantly boosted its financial results, with EPS at $1.76, topping forecasts. These earnings provide crucial insights into the strategic directions and financial health of these companies, impacting investor decisions.