Zoom's full-year revenue guidance came in right where analysts expected. The earnings forecast is what was strong.
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Monday, 30 August 2021
Thursday, 26 August 2021
Peloton shares fall after cycle maker posts disappointing earnings and outlook; cuts Bike price
Peloton reported Thursday that revenue growth in its fiscal fourth quarter tapered off dramatically from the prior quarter.
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Wednesday, 25 August 2021
Ulta shares rise after beauty retailer posts 60% gain in revenue, as makeup sales recover
Shares of Ulta Beauty rose in extended trading after the retailer posted second-quarter results that topped analyst expectations on the top and bottom lines.
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Salesforce raises full-year earnings guidance following Slack acquisition
Salesforce will gain $530 million in revenue in the current fiscal year thanks to a contribution from Slack, an $27.7 billion acquisition that closed in July.
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Dick's Sporting Goods shares rise after second-quarter sales surge 21%, retailer raises forecast
The big-box retailer's sales have soared during the pandemic, as customers have bought workout clothes, sneakers, golf clubs and other outdoor equipment.
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Eyeglass retailer Warby Parker in IPO filing reveals rising sales—but also widening losses
The brand, which is best known for selling lower-priced, fashion-forward prescription glasses, is preparing to debut on Wall Street.
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Tuesday, 24 August 2021
Nordstrom earnings beat, retailer raises forecast, but shares fall as sales still below 2019 levels
Nordstrom reported fiscal second-quarter profit and sales that topped analysts' estimates.
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Best Buy shares rise on earnings beat, retailer says consumers are upgrading tech to work at home
The consumer electronics retailer said it has benefited from a healthy consumer, government stimulus and permanent lifestyle changes.
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Friday, 20 August 2021
Foot Locker shares soar on huge earnings beat and on retailer's optimism for 2H
Foot Locker crushed fiscal second-quarter earnings estimates and voiced optimism about the back half of the year.
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Victoria's Secret shares tumble, Bath & Body Works rises after first post-split earnings reports
Victoria's Secret said its sales have yet to return to pre-pandemic levels, while Bath & Body Works is optimistic about its fall and holiday lineup.
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Thursday, 19 August 2021
Kohl's earnings top estimates, retailer raises forecast as higher foot traffic drives sales
Kohl's said its higher forecast positions the department store to achieve many of its 2023 strategic goals this year, well ahead of our plan.
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Macy's shares jump as earnings trounce estimates, retailer says it's gaining new customers online
Macy's on Thursday reported fiscal second-quarter profit and revenue that topped analysts' estimates.
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Wednesday, 18 August 2021
Robinhood revenue doubles for second quarter, but shares fall after app warns trading is slowing
Robinhood reported second-quarter earnings after the bell on Wednesday, in its first report since going public.
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Robinhood says dogecoin accounted for 62% of crypto revenue in Q2 as meme-inspired currency soared
Robinhood, which derives significant revenue from crypto trading, announced earnings on Wednesday for the first time since its IPO last month.
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Nvidia beats earnings expectations, but cryptocurrency chip sales falter
Nvidia's cryptocurrency chip products, CMP, had lower sales than the company predicted in May.
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Cisco delivers slight beat as revenue grows 8%
Cisco called for 5% to 7% growth in the new fiscal year, after supply constraints cut into sales of data center hardware such as ethernet switches.
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Lowe's earnings beat estimates, as home professionals help drive growth
The home improvement retailer has reported eye-popping growth during the pandemic.
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Target earnings top estimates, retailer raises forecast as back-to-school spending kicks in
The big-box retailer faces tough comparisons with year-ago quarter when its comparable sales growth hit an all-time high.
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Tuesday, 17 August 2021
Walmart is set to report earnings before the bell
The discounter is lapping a three-month period when it benefited from stimulus checks but lost ground to rival grocers.
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Home Depot shares tumble despite earnings beat, retailer rang up fewer customers as DIY trends weaken
Home Depot beat analysts' estimates for its fiscal second-quarter profit and sales as fewer customers visited its stores but those who did spent more per trip.
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Chinese electric scooter company Niu shakes off pandemic slump and predicts strong sales ahead
Niu said Monday that revenue grew by 46.5% in the second quarter, and forecast it would grow at about the same pace — or better — in the third quarter.
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Monday, 16 August 2021
Retailers begin reporting this week, but the delta variant is a big wild card
Big retailers get their time to shine as they report earnings this week. The question is whether they can maintain momentum through the rest of 2021.
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Thursday, 12 August 2021
Airbnb revenues jumped 300% but the company is warning about delta
Airbnb's revenue came in at $1.34 billion, up nearly 300% year-over-year.
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Disney set to report fiscal third-quarter earnings after the bell
Disney reports fiscal third-quarter earnings after the bell Thursday.
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Palantir revenue jumps 49% in second quarter
Palantir's business has gotten a boost from the pandemic and it recently extended contracts with government health agencies.
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Chinese Tesla rival Nio narrows losses as revenue surges 127%
Amid the global chip shortage, the Nio CEO said the firm has been "working closely" with its partners to "improve the overall supply chain production capacity."
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Tuesday, 10 August 2021
Doximity shares jump after digital health company says revenue doubled in first report since IPO
Doximity said revenue in the fiscal first quarter climbed to $72.7 million from $36.4 million a year earlier.
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Coinbase profits surge following volatile stretch of cryptocurrency trading
While the company offered no formal guidance, it did say trading volume will be lower in the third quarter compared to Q2.
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Monday, 9 August 2021
AMC posts narrower-than-expected loss, but CEO warns theater chain 'isn't out of the woods yet'
Shares of AMC Entertainment rose after the company posted a narrower-than-expected loss during the second quarter.
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Saturday, 7 August 2021
Berkshire Hathaway's operating earnings jump 21% as recovering economy boosts railroad, energy units
The conglomerate reported operating earnings of $6.686 billion, up 21% from $5.513 billion a year ago,
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Friday, 6 August 2021
Norwegian Cruise Line posts mixed results ahead of first U.S. voyage since last year
Norwegian Cruise Line reported mixed second-quarter results on Friday as future bookings remained strong ahead of its first cruise in the U.S. since last year.
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Huawei chairman says the ‘aim is to survive’ as revenue slides 29%
The chairman of Huawei said the Chinese technology company's "aim is to survive" as revenue fell almost 30% in the first half of the year.
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The world's largest container shipping firm posts soaring second-quarter earnings
Maersk has posted a sharp increase in second-quarter earnings as congestions and bottlenecks continue to drive up shipping rates.
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Thursday, 5 August 2021
Cloud stocks soar to fresh records as Datadog's results help boost Cloudflare and Asana
Datadog shares jumped 15% on Thursday on better-than-expected results, helping push other cloud stocks to all-time highs.
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Virgin Galactic reopens ticket sales, with next spaceflight test targeting late September
Virgin Galactic delivered second-quarter results after the market closed on Thursday.
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Beyond Meat loss widens amid higher costs, shares fall as pandemic clouds outlook
Beyond Meat shares fell in extended trading after the company reported a wider-than-expected loss for its second quarter.
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Wayfair shares rise after earnings top estimates and sales stay above pre-pandemic levels
Online furniture retailer Wayfair reported second-quarter earnings that topped estimates with sales remaining above pre-pandemic levels.
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Moderna says its Covid vaccine booster produced ‘robust’ immune response against delta
Moderna said its Covid-19 vaccine booster shot produced a "robust" antibody response against the highly contagious delta variant.
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Singapore's largest bank reports 37% on-year jump in second-quarter profit, beats expectations
DBS Group Holdings' net profit for the April-to-June quarter jumped 37% from a year ago to 1.7 billion Singapore dollars ($1.26 billion).
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Adidas raises outlook despite falling sales in China as boycott there continues
The German sportswear giant increased its outlook for the year, despite a drop in sales in Greater China.
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Wednesday, 4 August 2021
Etsy stock plunges as weak guidance suggests pandemic e-commerce boom is stalling
Etsy and other digital retailers have benefited greatly from the Covid-19 pandemic, which pushed consumers to shop online in order to avoid spreading the virus.
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Uber beats estimates, but core business lost $509 million in Q2
Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.
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Budget carrier Frontier says delta variant drives bookings lower
Budget airline Frontier says the delta variant is driving down bookings.
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A 'roaring era' for concerts and live events is coming, says Live Nation CEO
Live Nation's Ticketmaster just had one of its best months ever in North America, a sign that audiences are ready to venture outside the home.
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Royal Caribbean shares fall as cruise line posts wider-than-expected loss, disappointing revenue
Royal Caribbean reported second-quarter results with a wider-than-expected loss and a disappointing revenue.
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General Motors misses Wall Street second-quarter earnings expectations, raises 2021 guidance
GM has projected better-than-expected results in the second quarter despite the industrywide impact of the semiconductor shortage.
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Germany’s Commerzbank reports second-quarter loss as restructuring, write-off charges bite
Commerzbank on Wednesday reported a net second-quarter loss due to restructuring costs and an exceptional write-off to an outsourcing project.
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Synthetic biology company Zymergen plunges 68% after saying product revenue will be 'immaterial' in 2022, removing CEO
Three months after its IPO, Zymergen is warning investors that revenue is much further out than expected.
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Tuesday, 3 August 2021
Lyft revenue grows 125% from last year
The company also beat analyst expectations when it came to active riders.
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Nikola reports narrower-than-expected loss during second quarter
The results come five days after a federal grand jury charged Nikola founder Trevor Milton with three counts of criminal fraud.
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SolarEdge shares surge after quarterly earnings top estimates
The residential solar power company’s shares gained on Tuesday morning following strong quarterly results.
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Under Armour shares surge as earnings top estimates, retailer hikes outlook
Under Armour reported Tuesday fiscal second-quarter profit and sales that topped analysts' estimates.
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Oil giant BP ups dividend and confirms share buybacks as it posts better-than-expected quarterly profit
Oil and gas giant BP beat second-quarter earnings expectations on Tuesday, while expanding its dividend and share buyback program.
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France's Societe Generale beats profit forecast in second quarter as retail banking returns
Societe Generale has beaten expectations in the second quarter due to a bounce back in retail banking and fewer loan defaults.
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Monday, 2 August 2021
HSBC’s reported pre-tax profit more than doubles to $10.8 billion in first half of 2021
HSBC shares in Hong Kong jumped more than 3% following earnings release.
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