Earnings

Cisco stock rose 5 percent after the company reported better-than-expected earnings for the first quarter of its 2019 fiscal year. Executives will discuss the results with analysts on a conference call at 4:30 p.m. Eastern time. Here’s how the company did: Earnings: 75 cents per share, excluding certain items, vs. 72 cents per share as
0 Comments
Macy’s on Wednesday reported quarterly earnings that topped analysts’ expectations, saying strong digital sales boosted results, while the retailer continues to make investments to improve its stores. The department store chain also raised its earnings outlook for the full year, expecting a strong holiday quarter. Its shares whipsawed on the news, climbing more than 2
0 Comments
The company narrowed its expectation for full-year earnings before interest, tax, depreciation and amortisation (EBITDA) to $3.6 billion to $4.0 billion from $3.5 billion to $4.2 billion previously. The former conglomerate is restructuring to focus entirely on transport and logistics and plans to step up competition with delivery companies UPS and Fedex. Maersk bought German
0 Comments
Nvidia’s earnings report — specifically its forecast for the current quarter — is likely to disappoint Wall Street this week, claims Susquehanna’s Christopher Rolland, but he’s upgrading the stock anyway. “To be clear, this is not a call on NVIDIA’s quarter… in fact, we think the odds are substantial that management’s guidance will miss the
0 Comments
Krisztian Bocsi | Bloomberg | Getty Images The Bayer AG logo sits behind silhouetted members of the management board during the company’s annual general meeting in Bonn, Germany, May 25, 2018. Bayer’s adjusted core earnings were flat for the quarter, as better prescription numbers for cardiovascular drug Xarelto were tempered by a weaker animal health
0 Comments
Home Depot on Tuesday reported quarterly earnings that beat analysts’ expectations and raised its sales outlook for the full year, showing little sign of slowing down despite concerns about softening existing home sales. Management warned during a conference call with analysts the company will still face tougher comparisons in the foreseeable future because of devastating
0 Comments
Dropbox shares rose more than 9 percent on Thursday after the maker of collaboration software reported better-than-expected third-quarter earnings. Here are the key numbers: Earnings: 11 cents per share, excluding certain items, vs. 6 cents per share as expected by analysts, according to Refinitiv. Revenue: $360.3 million, vs. $352.7 million as expected by analysts, according
0 Comments
Walt Disney reported fiscal fourth-quarter earnings and revenue that easily topped analysts’ expectations on Thursday. Here’s how the company did compared with what Wall Street expected: Earnings: $1.48 per share vs. $1.34 per share forecast by RefinitivRevenue: $14.31 billion vs. $13.73 billion forecast by Refinitiv In the year-ago quarter, Disney reported adjusted earnings of $1.07
0 Comments
Shares of Wynn Resorts dove 15 percent Thursday after the CEO said casino operator is seeing a “slowdown” at its Macau location, especially from high rollers. Though CEO Matthew Maddox said results were strong during China’s seven-day Golden Week holiday, attendance since then has been “choppy” during weekdays and “sporadic” on the weekends. “So what
0 Comments
Qualcomm beat analysts’ expectations for fourth-quarter revenue and profit on Wednesday, helped by demand from Chinese smartphone makers targeting emerging markets and a newer licensing model for its wireless technology that has soothed relations with some big customers. Shares of the company rose 1.5 percent in extended trading on Wednesday. Qualcomm is the world’s biggest
0 Comments
“Every single new product we’ve launched is doing very well,” he added. Shares of the company were up 1.8 percent on Thursday morning. Total revenue, however, fell 14 percent in dollar terms to $5.34 billion and core earnings per share, which exclude some items, were down 37 percent to 71 cents, reflecting lower income from
0 Comments
Shares of Roku plunged as much as 12 percent in extended trading Wednesday despite beating on both the top and bottom lines in its third-quarter earnings. Shares eased off shortly after the report to trade roughly 10 percent lower than Wednesday’s close of $58.86 Here’s how the company did compared with what Wall Street was
0 Comments
News Corp. reported fiscal first-quarter earnings Wednesday that beat analysts’ expectations for earnings but missed on revenue. Here’s how the company did compared with what Wall Street expected, based on a survey of analysts by Refinitiv: Earnings: 17 cents per share vs. 4 cents per share expected Revenue: $2.52 billion vs. $2.54 billion expected Shares
0 Comments
Payment company Square reported quarterly earnings and revenue that beat analysts’ expectations on Wednesday but came up slightly short on forward guidance. Here’s how the company did compared with what Wall Street expected: Earnings: 13 cents per share vs. 11 cents per share forecast by Refinitiv. Revenue: $431 million vs. $413.9 million forecast by Refinitiv.
0 Comments
Take-Two Interactive reported earnings for its 2019 fiscal second quarter after the bell on Wednesday. The company is known best for developing popular videogames like “Red Dead Redemption” and “Grand Theft Auto” as the parent company of Rockstar Games and 2K. The stock was up over 2.5 percent after the bell. Here are the key
0 Comments
Chevron reported quarterly earnings that beat analysts’ expectations on Friday, as record-setting oil and gas production boosted the company’s bottom line. Shares of the oil major were more than 2 percent in premarket trading. Chevron posted a profit of $4.05 billion for the quarter, more than double its earnings from a year ago. That came
0 Comments
Exxon’s global crude oil production roughly matched its output in the year ago period. However, the company’s natural gas output slipped 6.1 percent from a year ago to 9 billion cubic feet per day. Despite churning out fewer hydrocarbons, earnings in the upstream exploration and production segment more than doubled to $4.23 billion from a
0 Comments
Cybersecurity firm Symantec beat analysts’ estimates for second-quarter profit and revenue on Thursday, easing investor concerns following three consecutive quarters of disappointing results and forecast cuts. Symantec shares jumped more than 8 percent in extended trade following the announcement. The stock ended up 3.2 percent at $18.73. “This was a big step in the right
0 Comments
Apple reported earnings for its fiscal fourth quarter Thursday that beat Wall Street estimates on both the top and bottom lines. It also locked in a strategy of boosting prices to offset slowing sales — posting an eye-popping average selling price for the iPhone during the key September quarter. But shares of Apple fell more
0 Comments