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The adjusted earnings of Tencent Music Entertainment Group (TME) came in line with analysts’ estimates in the fourth quarter. The company's stock, which
The adjusted earnings of Tencent Music Entertainment Group (TME) came in line with analysts’ estimates in the fourth quarter. The company's stock, which announced the first financial report after debuting in the US stock market, lost about 8% following the report on
FedEx (FDX) reported a 64.3% dip in earnings for the third quarter of 2019 due to the lower tax benefits from the recognition of certain tax loss carryforwards and lower statutory income tax rate. The results missed analysts expectations. Also,
Shares of Smartsheet (NYSE: SMAR) jumped 7% in the extended hours of trading after the company posted strong Q4 results, surpassing analyst estimates. The company’s stock has jumped 75% this year and it’s having a dream run in the bourses
For investors of Advanced Micro Devices (AMD), there seems to be a lot to cheer about this week. A day after Apple (AAPL) launched its revamped iMacs featuring AMD’s graphics processors, shares of the chipmaker gained sharply Tuesday following reports
Tiffany & Co. (TIF), a leading manufacturer and retailer of designer jewelry, is scheduled to report the fourth-quarter 2018 results Friday before the market opens. The progressive slowdown in comparable store sales is expected to continue this time too, impacting
DSW Inc (DSW) Tuesday reported fourth-quarter revenue of $843.4 million, up 16.4% year-over-year, but missing the street expectation of $848.96 million. Comp-store sales reported a growth of 5.4%. On an adjusted basis, the footwear retailer swung to a loss of
One of the largest industrial distributors in North America, HD Supply Holdings Inc (Nasdaq: HDS) posted its fourth-quarter 2018 earnings later on Monday. Both top-line and bottom-line beat estimates, sending shares up 4.66% in after-market trade. Net sales jumped 22.2%
Fast food chain Del Taco Restaurants (TACO) reported higher earnings and revenues for the fourth quarter of fiscal 2018. Earnings missed the Wall Street forecast by a cent, while the top-line matched. The company’s stock dropped sharply during the extended
Tilray (TLRY) reported a wider loss in the fourth quarter due to higher operating costs and expenses. For surviving the rising competition in the industry, the Canadian marijuana firm has resorted to taking capital investments into production capacity expansion. This
General Mills (GIS), the company that makes the popular cereal brand Cheerios, is expected to report earnings of $0.69 per share for the third quarter of 2019, representing a 13% contraction from the prior-year quarter. The results will be published
After its much-anticipated debut in the US stock market, China-based music streaming service Tencent Music (TME) will be reporting its fourth-quarter earnings Tuesday after the closing bell. It is widely expected that the results would match the company’s outstanding performance
Shares of Adobe Systems (ADBE) fell 0.8% during extended trading Thursday, despite the software solutions provider reporting stronger-than-expected earnings for the first quarter, helped by a marked increase in revenues. Revenues of the San Jose, California-based firm climbed 25% to
Ulta Beauty (ULTA) reported an increase in fourth-quarter sales and earnings which also topped market expectations, aided by solid comparable sales growth and stronger store traffic. The company’s stock gained sharply during the extended trading session Thursday following the earnings
Oracle Corp. (ORCL) swung to a profit in the third quarter from a loss last year, helped by lower provision for income taxes as well as a decline in costs and expenses. The results exceeded analysts' expectations. Net income was
Chipmaking giant Broadcom Inc. (AVGO) announced its first-quarter 2019 earnings on March 14, after the closing bell. In the three-month period, revenue grew 9% to $5.79 billion, surpassing market view. Attributable net income shrunk about 92% to hit $471 million.
After surviving the challenges posed by adverse market conditions, sneaker maker Nike (NKE) will be publishing its third-quarter earnings on March 21 after the regular trading hours. It is widely expected that revenues will grow 6.5% year-over-year to $9.57 billion,
Tilray (TLRY), which has been trailing other cannabis stocks since the start of this year, will be put under the scanner as it reports its fourth-quarter results on Monday, March 18, after the regular trading hours. The company has a
Chipmaking giant Broadcom Inc. (AVGO) is touted to post its first-quarter 2019 earnings on March 14. According to Zacks Research, the Street looks at $5.22 per share in earnings in revenue of $5.74 billion. In the previously reported fourth quarter,
Dollar General Corporation (NYSE: DG) reported a 24.3% increase in fourth-quarter earnings to $1.84 per share but missed the street expectation of $1.88 per share. Net sales improved 8.5% to $6.6 billion, in line with analysts’ projection. DG shares fell
Tailored Brands (TLRD) swung to a profit in the fourth quarter from a loss last year, which included a favorable non-cash adjustment to net sales reflecting a reduction of the deferred revenue liability as a result of changes made to
Shares of Pinduoduo (PDD) plunged over 11% during pre-market trading on Wednesday after the Chinese e-commerce platform reported fourth-quarter losses that were wider than what the street had anticipated. On a reported basis, the company swung to a loss of
