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Agilent Technologies (A) stock gained over 5% after reporting better-than-expected earnings in the fourth quarter. Net income rose 21% to 81 cents
Agilent Technologies (A) stock gained over 5% after reporting better-than-expected earnings in the fourth quarter. Net income rose 21% to 81 cents per share, higher than the average analysts’ estimate of 73 cents per share. On a GAAP basis, net
Payroll solutions provider Intuit Inc. (INTU) swung to a profit in the first quarter from a loss last year helped by higher income tax benefit. The results exceeded analysts' expectations. The company guided second-quarter earnings and revenue above consensus estimates.
Specialty retailer Urban Outfitters (URBN) Monday said its earnings increased sharply in the third quarter, helped by broad-based comparable sales growth. The results topped estimates, sending the company’s stock higher in the after-hours trading. [caption id="attachment_16912" align="alignnone" width="1280"] Urban Outfitters
JD.com Inc. (JD) beat analysts’ expectations on earnings for the third quarter of 2018 but revenue came in shy of estimates. The consensus estimate was for adjusted EPS of $0.08 on revenue of $15.6 billion. The stock was down 3.6%
With the semiconductor industry showing signs of cooling off - thanks to the demand crunch and tariff crisis - the market sentiment towards chip stocks is not very optimistic. While shares of the leading chipmakers witnessed notable declines in the
Viacom (VIAB) reported a 43% dip in earnings for the fourth quarter due to higher costs and expenses as well as a gain on the asset sale in the prior-year quarter. The results exceeded analysts' expectations. Following this, the stock
Helmerich & Payne Inc. (HP) surpassed market estimates on both revenue and earnings for the fourth quarter of 2018. The stock stood at $60.04 at market close on Thursday. Total operating revenue grew 31% to $697 million from the same
Earnings of semiconductor giant Nvidia Corp. (NVDA) surged and topped estimates in the third quarter of 2019 when all the operating segments registered double-digit revenue growth. Meanwhile, total reported revenues and the outlook for the fourth quarter fell short of
Nordstrom (JWN) reported a 41% dip in earnings for the third quarter due to the reversal of the previous quarter's impact of the revenue recognition standard as it relates to the timing of the Anniversary Sale. The results missed analysts'
Applied Materials (AMAT) reported fourth quarter 2018 earnings after the market closed today. The company posted EPS of $0.97, meeting the analysts' views. Revenues of $4.01 billion slightly exceeded the Street's targets. GAAP EPS stood at $0.89 compared to $0.91
The highest valued soccer club in the world, Manchester United (MANU), Thursday surprised investors by posting first-quarter adjusted earnings of 4.26 pence ($0.06) per share. Wall Street was expecting the company to post a loss of $0.09 per share. Adjusted
J.C. Penney Company Inc. (JCP) reported a wider loss in the third quarter due to lower sales and a 5.4% decline in comparable sales. The bottom line came in narrower than analysts' expectations while the top line missed consensus estimates.
Walmart Inc. (WMT) surpassed market expectations on earnings for the third quarter of 2019 but revenues came in shy. The stock was up 0.5% in premarket hours on Thursday. Total revenue grew 1.4% year-over-year to $124.9 billion, slightly missing the
Canadian Solar Inc. (CSIQ) topped market estimates on earnings for the third quarter of 2018 but missed the mark on revenue. Total revenue dropped 15.8% year-over-year to $768 million, missing the consensus estimate of $806 million. The stock was down
Another impressive performance by its key business segments pushed up Cisco’s (CSCO) revenues in the first quarter, defying the challenges posed by the US-China trade standoff. Earnings increased and topped estimates, sending the company's stock higher in Wednesday’s extended trading
NetApp Inc. (NTAP) reported a 39% jump in earnings for the second quarter driven by strong product revenues. The results exceeded analysts' expectations. The data storage provider guided third-quarter earnings and revenue in line with consensus. Despite this, shares of
Snap Inc. (SNAP) is facing an investigation by the US Department of Justice and the Securities and Exchange Commission over disclosures related to its IPO, as per a report by Reuters. The agencies subpoenaed the company for details about its
Meal-kit company Blue Apron Holdings (APRN) reported a narrower loss in the third quarter helped by expense management and operational efficiencies. Revenue plunged 28% due to a decline in customers. Following this, the stock inched down over 9% in the
It was good news for generic drug firms such as Allergan (AGN) and Mylan (MYL), as pharma giant Pfizer (PFE) lost a long legal battle in Britain regarding the patents surrounding its hit drug Lyrica. Pain drug Lyrica — generically:
Department store giant Macy’s Inc (M) reported a 107% jump in earnings for the third quarter helped by the combination of healthy brick & mortar stores, robust e-commerce, and a great mobile experience. The bottom line exceeded analysts’ expectations while
Canopy Growth Corporation’s (CGC, WEED) stock fell over 8.8% in premarket hours on Wednesday after the company reported a wider loss and missed estimates on revenue for the second quarter of 2019. Total revenues were CAD23.3 million, up 33% versus
