Category: Earnings

Goldman Sachs earnings beat the Street, equities trading surges 38%

Goldman Sachs reported first-quarter results that beat significantly on both the top and bottom line as the bank’s traders took advantage of a volatile stock...

Bed Bath & Beyond shares crater on weak 2018 forecast

Shares of Bed Bath & Beyond fell more than 18 percent in trading Thursday after the retailer issued a weaker 2018 forecast. The decline puts the retailer’s...

Stock market wants to move on from trade war fears to focus on the blockbuster earnings season ahead

President Trump could blow this up again, but for the moment the markets seem mollified and eager to move on. Source link

Strong profits seen overcoming concerns about big tech

The second quarter: Start of a tech unwind, or another run at historic highs? The first quarter started euphorically, with stocks at historic highs in January, but ended...

Walgreens profit, sales beat estimates and boosts its 2018 forecast

Walgreens Boots Alliance’s quarterly profit and sales beat analysts’ estimates on Wednesday, as the drugstore chain’s partnerships with pharmacy...

Nike shares pop on earnings beat as US sales slump reverses

Nike on Thursday reported earnings and revenue that beat analysts’ expectations, fueled once again by international growth and momentum within China. Its shares...

Tiffany’s shares tumble 6% as same-store sales, forecast disappoint

Tiffany & Co missed analysts’ estimates with quarterly same-store sales numbers on Friday and forecast a full-year profit largely below expectations, as the...

Kroger shares plummet on disappointing profit outlook

Kroger on Thursday reported fourth-quarter earnings in-line with analysts’ estimates but issued a disappointing profit outlook for 2018. Its shares plummeted more...

American Eagle Outfitters tops same-store estimates

American Eagle Outfitters‘ sales at established stores topped analysts’ estimates for the holiday shopping quarter, helped by robust demand for its Aerie...

Angry Birds’ head of games departs after profit warning

“Angry Birds” maker Rovio said on Friday its head of games was leaving, a week after the Finnish company issued a profit warning that sent its shares...