Category: Earnings

American Express earnings q2 2019

Credit card issuer American Express beat analysts’ estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by its customers....

Domino’s stock sinks on disappointing sales, fanning expansion doubts

The Domino’s Pizza company logo is displayed on the jacket of delivery driver in London, U.K., on February 27, 2017. Jason Alden | Bloomberg | Getty Images...

Chart suggests earnings aren’t just slowing they’re going negative

Economic forecaster Lakshman Achuthan has a warning for investors: Brace for earnings to go negative. According to the Economic Cycle Research Institute co-founder, the...

Impressive, focus remains on earnings

Tesla shares surged Wednesday after what Barclays called the company’s “impressive” record quarterly deliveries number, but Wall Street analysts...

Nike reports fiscal 4Q 2019 earnings

Nike sold more sneakers and sports gear during the fiscal fourth quarter than Wall Street expected, helping to boost revenues by 4% to just over $10 billion. Its...

Cheerios maker General Mills stock tumbles after sales disappoint

General Mills Cereal boxes Joe Raedle | Getty Images Shares of General Mills tumbled Wednesday after the Cheerios maker’s quarterly revenue fell short of...

Carnival cuts 2019 profit on Cuba travel ban, higher expenses

The Carnival Paradise cruise ship arrives in port June 30, 2017 in Havana, Cuba. Alexander Creutzmann | Mambo photo | Getty Images Carnival cut its profit forecast for...

Chip stocks are tanking after ‘depressing’ Broadcom earnings

Broadcom led a plunge in chip stocks Friday after the chipmaker missed revenue expectations and lowered guidance for 2019 citing a “broad-based” slowdown in...

Norwegian Cruise Line says Cuba travel ban to hit 2019 earnings

The Norwegian SKY cruise ship docked the last day in Havana on June 4, 2019. Cruise ships will no longer operate to Cuba. Trump administration banned cruises, private...

JM Smucker forecasts full-year profit above estimates

Packages Dunkin’ Donuts and Folgers coffee are displayed on a shelf at a grocery store in San Rafael, California. Getty Images Packaged food maker J.M. Smucker...