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Tag: Earnings Surprises

Nike shares dive, company eyes  billion in cost cuts amid 'softer' outlook

Nike shares dive, company eyes $2 billion in cost cuts amid 'softer' outlook

December 21, 2023December 21, 2023 · Breaking News

Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings call, and said it is…

Read more Nike shares dive, company eyes $2 billion in cost cuts amid 'softer' outlook
Oracle Stock Falls After Earnings Report Disappoints

Oracle Stock Falls After Earnings Report Disappoints

December 11, 2023December 11, 2023 · Business

Oracle shares were heading sharply lower in late trading Monday after the enterprise software giant posted November quarter financial results that fell short of both the company’s own…

Read more Oracle Stock Falls After Earnings Report Disappoints
Broadcom logs earnings beat, but chip stock edges lower

Broadcom logs earnings beat, but chip stock edges lower

December 7, 2023December 7, 2023 · Breaking News

Broadcom Inc. topped profit expectations for its latest quarter, but shares of the chip company were falling in Thursday’s aftermarket action. The company recorded fiscal fourth-quarter net income…

Read more Broadcom logs earnings beat, but chip stock edges lower
Zscaler’s stock falls after earnings as company keeps billings outlook intact

Zscaler’s stock falls after earnings as company keeps billings outlook intact

November 27, 2023November 27, 2023 · Breaking News

Zscaler Inc. topped expectations with its results for the latest quarter and its outlook for the ongoing one, but shares of the cybersecurity company were moving lower in…

Read more Zscaler’s stock falls after earnings as company keeps billings outlook intact
Walmart’s stock tumbles after soft guidance offsets earnings beat

Walmart’s stock tumbles after soft guidance offsets earnings beat

November 16, 2023November 16, 2023 · Breaking News

An earlier version of this article incorrectly said that Walmart’s stock has fallen this year. It has gained 20%. The article has been corrected. Walmart Inc.’s stock tumbled…

Read more Walmart’s stock tumbles after soft guidance offsets earnings beat
Fisker’s stock tanks 10% after EV maker widens loss, revenue falls short

Fisker’s stock tanks 10% after EV maker widens loss, revenue falls short

November 13, 2023November 13, 2023 · Breaking News

Fisker Inc. shares plunged around 10% in the after-hours session Monday after the electric-vehicle maker widened its quarterly loss and reported sales that missed the mark, underscoring the…

Read more Fisker’s stock tanks 10% after EV maker widens loss, revenue falls short
Markets – MarketWatch

Markets – MarketWatch

November 10, 2023November 10, 2023 · Breaking News

Technology-stock gains drive big day, week on Wall Street Source link

Read more Markets – MarketWatch
Unity Software’s stock skids 12% on revenue miss, uncertain outlook

Unity Software’s stock skids 12% on revenue miss, uncertain outlook

November 9, 2023November 9, 2023 · Breaking News

Unity Software Inc.’s stock fell about 12% in extended trading Thursday after the company reported a revenue miss and withheld from offering guidance. “Our results in the third…

Read more Unity Software’s stock skids 12% on revenue miss, uncertain outlook
Hasbro’s stock is having its worst month since the 1980s as toys sales tumble

Hasbro’s stock is having its worst month since the 1980s as toys sales tumble

October 26, 2023October 26, 2023 · Breaking News

Shares of Hasbro Inc. got rocked Thursday, making investors suffer through the worst month in four decades, as a weakening toy market led the company to report disappointing…

Read more Hasbro’s stock is having its worst month since the 1980s as toys sales tumble
Microsoft Tops Estimates, Powered by Cloud Business

Microsoft Tops Estimates, Powered by Cloud Business

October 24, 2023October 24, 2023 · Business

Microsoft shares were trading higher after the company posted better-than-expected financial results for its September quarter, aided by better performance than expected from the company’s cloud computing business.…

Read more Microsoft Tops Estimates, Powered by Cloud Business
Morgan Stanley earnings fall 10% but beat Wall Street expectations

Morgan Stanley earnings fall 10% but beat Wall Street expectations

October 18, 2023October 18, 2023 · Breaking News

Morgan Stanley on Wednesday said its third-quarter profit fell 10% amid weakness in its investment banking business, but its trading and asset-management revenue rose. Morgan Stanley MS, +2.03%…

Read more Morgan Stanley earnings fall 10% but beat Wall Street expectations
United Airlines’ stock falls after bleak outlook for end of the year

United Airlines’ stock falls after bleak outlook for end of the year

October 17, 2023October 17, 2023 · Breaking News

United Airlines Holdings Inc. reported third-quarter earnings late Tuesday that were better than Wall Street expected, but the airline’s stock fell as the company called for lower profits…

Read more United Airlines’ stock falls after bleak outlook for end of the year
Rivian shares sink after preliminary sales estimates, plan to offer .5 billion in convertible notes

Rivian shares sink after preliminary sales estimates, plan to offer $1.5 billion in convertible notes

October 4, 2023October 4, 2023 · Breaking News

Shares of Rivian Automotive Inc. slid in the extended session Wednesday after the EV maker issued preliminary quarterly sales estimates that were on par with Wall Street’s forecasts…

Read more Rivian shares sink after preliminary sales estimates, plan to offer $1.5 billion in convertible notes
Exxon expects profit bump from oil prices of around  billion in third quarter

Exxon expects profit bump from oil prices of around $1 billion in third quarter

October 4, 2023October 4, 2023 · Breaking News

Exxon Mobil Corp. said in a filing late Wednesday that its third-quarter profit is likely to get a bump of around $1 billion from rising crude prices. Exxon…

Read more Exxon expects profit bump from oil prices of around $1 billion in third quarter
Clorox slashes forecast due to effects of cyberattack; stock falls

Clorox slashes forecast due to effects of cyberattack; stock falls

October 4, 2023October 4, 2023 · Breaking News

Clorox Co. shares fell in the extended session Wednesday after the company slashed its outlook stemming from the impact of a cybersecurity attack over the summer. Clorox CLX,…

Read more Clorox slashes forecast due to effects of cyberattack; stock falls
Nike stock rises as profit beats estimates and inventories fall

Nike stock rises as profit beats estimates and inventories fall

September 28, 2023September 28, 2023 · Breaking News

Nike Inc. on Thursday reported a fiscal first-quarter profit that beat expectations, although revenue came up just shy of Wall Street’s estimates, amid a drop in sales for…

Read more Nike stock rises as profit beats estimates and inventories fall
Costco earnings top Wall Street estimates, but stock falls

Costco earnings top Wall Street estimates, but stock falls

September 26, 2023September 26, 2023 · Breaking News

Costco Wholesale Corp. shares slipped in the extended session Tuesday even after the membership warehouse chain reported quarterly results that topped Wall Street estimates. Costco COST, -1.01% shares…

Read more Costco earnings top Wall Street estimates, but stock falls
KB Home stock slips despite earnings beat, raised forecast and ‘steady’ demand

KB Home stock slips despite earnings beat, raised forecast and ‘steady’ demand

September 20, 2023September 21, 2023 · Breaking News

KB Home shares declined in the extended session Wednesday even after the home builder reported results that topped Wall Street estimates, hiked its revenue forecast for the year…

Read more KB Home stock slips despite earnings beat, raised forecast and ‘steady’ demand
The economy is doing better than anyone thinks, but these troubles are in the pipeline, says Bill Ackman

The economy is doing better than anyone thinks, but these troubles are in the pipeline, says Bill Ackman

September 12, 2023September 12, 2023 · Breaking News

Stock investors are showing some hesitancy for Tuesday, with big signals on the economy coming this week via consumer prices and retail sales. Ahead of that, Apple is…

Read more The economy is doing better than anyone thinks, but these troubles are in the pipeline, says Bill Ackman
Oracle stock sinks as revenue outlook falls below Wall Street consensus

Oracle stock sinks as revenue outlook falls below Wall Street consensus

September 11, 2023September 11, 2023 · Breaking News

Oracle Corp. shares dropped in extended trading Monday after the software company’s revenue forecast for the current quarter fell short of Wall Street expectations. Oracle ORCL, +0.31% shares,…

Read more Oracle stock sinks as revenue outlook falls below Wall Street consensus
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