Friday, 20 December 2019

BlackBerry quarterly revenue rises 18%

Canada's BlackBerry reported an 18% rise in third-quarter revenue on Friday, helped by increase in demand for its cybersecurity software.

from Earnings https://ift.tt/2Q8z3KH
via IFTTT

Nike earnings beat, sales rise, as Jordan brand hits $1 billion

Nike on Thursday reported quarterly earnings and sales that beat analysts' expectations. Its stock had hit an all-time high earlier in the day.

from Earnings https://ift.tt/35II5V6
via IFTTT

Thursday, 19 December 2019

Conagra Brands beats profit estimates on strong snack, frozen food demand

Conagra Brands topped Wall Street quarterly sales and profit estimates on Thursday, helped by strong demand for the Slim Jim maker's snacks and frozen foods, sending its shares up about 8%.

from Earnings https://ift.tt/2sNrbGf
via IFTTT

Micron signals recovery in 2020, says received supply licenses for Huawei

Micron Technology said it expected a recovery in 2020 after a "cyclical bottom" in the second quarter, and that it had received all requested licenses to supply some products to its largest customer, Huawei Technologies.

from Earnings https://ift.tt/2EECmUl
via IFTTT

Wednesday, 18 December 2019

General Mills misses quarterly sales estimates

General Mills' quarterly sales missed Wall Street expectations on Wednesday, as the Cheerios maker was hit by lower demand for its snacks and yogurts in the United States.

from Earnings https://ift.tt/38VfONp
via IFTTT

FedEx shares slide after missing earnings expectations, lowering 2020 guidance

FedEx shares sank during extended trading Tuesday after the shipping giant posted weaker-than-expected earnings in its fiscal second quarter.

from Earnings https://ift.tt/2rYc0Kj
via IFTTT

Tuesday, 17 December 2019

Eli Lilly sees higher-than-expected 2020, citing growing demand for its medicines

Eli Lilly on Tuesday forecast a higher-than-expected profit for 2020, citing growing demand for its medicines. Lilly has been banking on drugs such as Trulicity and Taltz as it faces competition from cheap generic versions of its older medicines.

from Earnings https://ift.tt/2PSPoTI
via IFTTT

Friday, 13 December 2019

Costco quarterly revenue misses estimates on weak e-commerce growth

Costco Wholesale reported lower-than-expected quarterly revenue on Thursday, hit by a slowdown in the number of customers shopping on the warehouse club operator's website.

from Earnings https://ift.tt/34kwSsi
via IFTTT

Oracle stock drops as revenue falls short

Oracle beat estimates on earnings but revenue was up less than 1%, missing on the top line.

from Earnings https://ift.tt/2slwpJc
via IFTTT

Broadcom's full-year forecast fails to impress Wall Street, shares down

Broadcom's fourth-quarter earnings beat Street estimates on Thursday, but investors were put off by slowing growth in semiconductor business and a lukewarm revenue forecast for 2020, sending its shares down about 2% in extended trade.

from Earnings https://ift.tt/2ROnjj2
via IFTTT

Adobe beats revenue, profit estimates for fourth quarter, shares rise

Adobe beat Wall Street estimates for fourth-quarter revenue and profit on Thursday on higher subscriptions in its core digital media business, which includes the flagship Creative Cloud suite of software.

from Earnings https://ift.tt/2EaCmvl
via IFTTT

Thursday, 12 December 2019

Delta shares jump after the airline raises its 2020 earnings guidance

Delta CEO Ed Bastian points to the strong U.S. consumer as being behind a solid 2020.

from Earnings https://ift.tt/34eBaBF
via IFTTT

Lululemon earnings beat estimates, but shares fall on weaker-than-expected outlook

Lululemon on Wednesday reported quarterly earnings and sales that topped analysts' estimates, as more shoppers around the world picked up its yoga pants and sports bras.

from Earnings https://ift.tt/2Pd9p8s
via IFTTT

Wednesday, 11 December 2019

Chevron is writing down as much as $11 billion worth of assets, and it could cost the entire market

Chevron announced it's writing down as much as $11 billion worth of assets, which could impact earnings for the entire market.

from Earnings https://ift.tt/2rsfBAn
via IFTTT

Home Depot forecasts 2020 sales growth below expectations

The company said last month that its One Home Depot strategy, which aims to improve the online and brick-and-mortar businesses, was not yet generating as much revenue as it had expected, prompting it to cut its 2019 sales forecast for the second time.

from Earnings https://ift.tt/2LKpRe6
via IFTTT

GameStop shares plunge 20% as weak console demand prompts forecast cut

GameStop cut its full-year profit forecast as the video-game retailer struggles with customers delaying console purchases ahead of new launches and a shift to digital downloads of games.

from Earnings https://ift.tt/2rCMSIV
via IFTTT

Chevron expects $10 billion to $11 billion charge in the fourth quarter; plans asset sales

U.S. oil major Chevron on Tuesday said it expects to write down the value of its assets $10 billion to $11 billion this quarter and is considering selling some natural gas projects to prepare for long-term low prices.

from Earnings https://ift.tt/2E3V5sl
via IFTTT

Friday, 6 December 2019

Ulta Beauty profit beats on demand for high-margin cosmetics; shares rise 11%

Ulta Beauty beat quarterly profit estimates on Thursday, driven by sales of higher-margin cosmetics products, sending the retailer's shares up over 11% in extended trading.

from Earnings https://ift.tt/2Yn7UXV
via IFTTT

CrowdStrike rises after beating in its third-quarter results

The stock has been under pressure in recent months, as a result of a broader pullback in software stocks.

from Earnings https://ift.tt/2PcTEgo
via IFTTT

Zoom shares slide as growth slows

Zoom's revenue grew 85% in the quarter as growth kept slowing sequentially.

from Earnings https://ift.tt/2sNe8ER
via IFTTT

Thursday, 5 December 2019

Tiffany shares down after a big earnings miss

Tiffany earnings per share fell far short of analysts' expectations.

from Earnings https://ift.tt/3820NZs
via IFTTT

Dollar General raises profit forecast after same-store sales beat expectations

Dollar General raised its full-year profit forecast on Thursday after reporting a better-than-expected quarterly same-store sales as it attracted more shoppers to its stores.

from Earnings https://ift.tt/36fUhgf
via IFTTT

RH third-quarter earnings top estimates, prompting company to raise 2019 outlook

RH, formerly Restoration Hardware, posted third-quarter earnings that topped analysts' estimates and raised its 2019 forecast.

from Earnings https://ift.tt/384FnLi
via IFTTT

Slack's stock rises on quarterly results but outlook points to higher-than-expected losses

Slack's stock performance has disappointed investors since the company's public market debut in June, as Microsoft has stepped up its investment in the space.

from Earnings https://ift.tt/350yRDD
via IFTTT

Wednesday, 4 December 2019

Campbell Soup cuts full-year sales forecast on European chips business sale

Campbell Soup Co on Wednesday lowered its sales forecast for fiscal 2020, hit by the sale of its European chips business, and reported quarterly sales below expectations.

from Earnings https://ift.tt/2Yic4Ra
via IFTTT

Workday third-quarter profit and revenue beat; shares rise

Workday beat Wall Street estimates for third-quarter profit and revenue, and raised its full-year forecast for sales in its biggest business.

from Earnings https://ift.tt/34OmKcl
via IFTTT

Salesforce's stock bounces around after revenue and profit beat

Salesforce is counting on big acquisitions to maintain its high rate of revenue growth.

from Earnings https://ift.tt/2RgePAN
via IFTTT