ADT Inc. is a leading provider of security and automation solutions for residential and commercial properties
The company specializes in monitoring services, offering advanced security systems that include alarms, video surveillance, and smart home technology. With a focus on enhancing safety and convenience, ADT integrates innovative technology with professional monitoring to help protect homes and businesses from potential threats. Additionally, ADT delivers customized solutions that cater to the specific needs of its clients, ensuring peace of mind through reliable security services and ongoing support.
ADT currently trades at $7.12 per share and has shown little upside over the past six months, posting a small loss of 3.3%. The stock also fell short of the S&P 500’s 7% gain during that period.
Looking back on specialized consumer services stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Pool (NASDAQPOOL) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialized consumer services industry, including ADT (NYSEADT) and its peers.
ADT shares are trading lower by 7% during Monday's session. ADT announced a secondary offering of 56 million shares held by Apollo Global Management affiliates.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the specialized consumer services stocks, including LKQ (NASDAQLKQ) and its peers.
ADT reported third-quarter adjusted earnings per share of 20 cents, beating the estimate of 17 cents. The company reported quarterly revenue of $1.244 billion, surpassing the expected $1.218 billion.
Shares of HighPeak Energy, Inc. (NASDAQHPK) fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter revenue results.
Shares of Rush Street Interactive, Inc. (NYSERSI) rose sharply in today’s pre-market trading as the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for 2024.
Security provider ADT has commenced of a proposed secondary public offering of 55 million shares of its common stock held by certain entities managed by affiliates of Apollo Global Management.
The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, but the index remained in the "Extreme Greed" zone on Wednesday. U.S. stocks closed mostly lower on Wednesday, ahead of a key inflation report. Data on personal consumption expenditure for January will be released on Thursday.
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling around 100 points on Wednesday. The Dow traded down 0.27% to 38,867.91 while the NASDAQ fell 0.50% to 15,954.75. The S&P 500 also fell, dropping, 0.18% to 5,068.92.
