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Helped by a 9% increase in the average sales price of homes, Lennar Corp (LEN) reported fourth-quarter earnings that surpassed analysts’ estimate.
Helped by a 9% increase in the average sales price of homes, Lennar Corp (LEN) reported fourth-quarter earnings that surpassed analysts’ estimate. The company reported adjusted earnings of $1.96 per share, compared to $1.91 per share expected by analysts. On
Smart Global Holdings (SGH) reported a 48% jump in earnings for the first quarter helped by the strength in its Specialty Memory business. The top line exceeded analysts’ expectations while the bottom line missed consensus estimates. The stock fell 11.41%
Helen of Troy (HELE) on Tuesday reported third-quarter earnings that surpassed analysts’ expectations. The maker of consumer products said its adjusted earnings declined 4% to $2.40 per share, higher than $2.16 per share expected by analysts. Consolidated net sales revenue
Frozen foods supplier Lamb Weston Holdings (LW) reported a 55% jump in earnings for the second quarter of fiscal 2019 helped by pricing actions, favorable mix, and growth in its Global and Retail segments. The results exceeded analysts expectations. The
AngioDynamics posted second-quarter earnings on Friday, Jan. 4. before trading hours. Net sales for the period inched 5.5% to $91.5 million, with diluted net profit jumping to $0.06 per share — growing six-fold from last year's $0.01 per share. Net income soared
FCA US LLC, the US wing of Fiat Chrysler Automobiles N.V., on Thursday posted retail sales of 2018 — the highest in the last 17 years. The Italian-American auto giant also posted December US sales jumping 14% to 196,520 vehicles.
Worldwide semiconductor sales soared 9.8% to $37.7 billion in November 2018. However, this was 1.1% lower than the October sales, according to The Semiconductor Industry Association (SIA). SIA President John Neuffer said, "The global semiconductor industry continues to post solid
Nearly half the US is getting a better New Year, as 22 states are just days away from raising the minimum wage in 2019. Out of the 22, nineteen are expected to implement these welcome changes on January 1st itself.
A couple of weeks back, Disney (DIS) released the first theatrical trailer of Avengers: Endgame and movie buffs can’t stop speculating about the fate of Tony Stark and others. Thanks to a highly successful Infinity Wars, expectations are sky high
After ending a choppy session on Friday, US futures are pointing to a lower open in the stock market today. A partial shutdown of the US government is likely to continue until after Christmas as the Congress missed a midnight
Used-car retailer CarMax (KMX) posted its third-quarter earnings on Friday, Dec. 21 before the opening bell. Top-line fell short of market expectations. Net sales and operating revenues for the Fortune-500 company rose 4.6% to $4.30 billion, even as used-unit sales
The creator of Farmville and Words With Friends, Zynga Inc (ZNGA), has had a tough run in the stock market ever since it went public seven years ago. The stock has been strictly trading sideways as the company continues to
Nike’s (NKE) recovery in North America gathered steam in the second quarter when the sneaker maker registered double-digit revenue growth, aided by its digital transformation initiatives. Both the top-line and earnings beat estimates, sending the stock higher in the after-hours
Carnival Corporation (CCL/CUK) reported a 10% decline in earnings for the fourth quarter, as fuel, payroll and currency headwinds offset streamlined operations. The bottom line came in line with analysts' expectations while the top line exceeded consensus estimates. The leisure
Conagra Brands (CAG) reported second quarter 2019 results and fell more than 5% during the extended trading hours, hurt by the sales miss and weak outlook. The packaged food company's GAAP EPS from continuing operations decreased to $0.32 from $0.54 in the prior
BlackBerry (BB) Thursday reported third-quarter results that surpassed analysts’ expectations. Revenue was flat compared to the year-over period at $226 million, but higher than $212.58 million expected by analysts. Adjusted earnings of 5 cents per share was above analysts’ prediction
Walgreens Boots Alliance (WBA) Thursday reported first-quarter results that surpassed analysts’ expectations. Net sales increased 10% during the quarter to $33.8 billion, slightly higher than $33.58 billion expected by analysts. Meanwhile, earnings rose 14% to $1.46 per share during the
Accenture (ACN) topped market estimates on both revenue and earnings for the first quarter of 2019 and updated its guidance for the full fiscal year. Shares were up 2% during premarket hours on Thursday. [caption id="attachment_18918" align="aligncenter" width="608"] Accenture Q1
Drugstore chain Rite Aid Corporation (RAD) slipped to a loss in the third quarter from a profit last year, due to lower discontinued operations. The results exceeded analysts' expectations. Following this, the stock inched up over 6% in the after-market
Shares of Paychex (PAYX) rose 0.6% after the company reported better-than-expected second quarter results. Earnings rose 20% to $0.65 per share, surpassing $0.63 per share expected by analysts. Total revenue improved 7% to $858.9 million driven by a 5% increase
Cheerios-maker General Mills (GIS) posted its second-quarter earnings on Wednesday, Dec. 19 before the opening bell. Revenue rose 5% to $4.41 billion, while net profit fell 20% to $343 million or $0.57 per diluted share, missing market estimates. Analysts expected
