Red Hat Inc. (RHT) reported fourth quarter EPS of $0.61 after the close Monday, up from $0.52 last year. The result was in line with analysts' expectations. The company expects to report first quarter EPS of $0.52 to $0.53 and full year EPS of $2.60 to $2.64. Street expectations are for EPS of $0.59 and $2.59.
Red Hat has gapped open sharply higher Tuesday morning and is now up 4.13 at $86.33. The stock has broken out of nearly a month and a half long trading range and has set a new high for the year.
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Business News
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.