News . Data . Research
Homebuilder KB Home (KBH) reported a 74% jump in earnings for the third quarter helped by continued growth in its core homebuilding
Homebuilder KB Home (KBH) reported a 74% jump in earnings for the third quarter helped by continued growth in its core homebuilding business. The bottom came in above analysts' expectations, while the top line missed consensus. The strong results, which
Nike’s (NKE) North America recovery gathered steam in the first quarter when the company’s earnings jumped on strong revenue growth. Meanwhile, the stock dropped sharply in the extended trading hours Tuesday as investors reacted negatively to the higher costs and
Facebook (FB) acquired Instagram and WhatsApp from their founders and turned them into its biggest money-spinners. While both platforms have hit the 1-billion users mark since their acquisitions, all four co-founders have jumped ship leaving the social media giant in
FactSet (FDS) reported fourth quarter 2018 results which, despite seeing growth, missed market expectations sending the stock down 5% during premarket hours. The company posted a 5.9% increase in total revenues to $345.9 million while organic revenues grew 5.3% to
Guggenheim Securities on Wednesday raised Netflix’s (NFLX) price target from $360 to $420, expressing optimism over the streaming giant’s growth potential in the international markets, especially in India. Anybody who has carefully analyzed the South Asian country’s streaming history (a
The online ticketing solutions provider Eventbrite (NYSE: EB) had an excellent debut day, rising 58.70% from its IPO price of $23 per share. Eventbrite, which raised $230 million by selling 10 million Class A shares, skyrocketed to $39.30 at midday
Shares of Micron (MU) made strong gains Thursday after the chipmaker reported record high revenues for the fourth quarter, sending its earnings beyond Wall Street expectations. The Boise, Idaho-based semiconductor giant posted adjusted earnings of $4.31 billion or $3.53
Thor Industries Inc. (THO) surpassed market expectations on revenues for the fourth quarter of 2018 but missed on earnings. The stock has dropped more than 12% on Thursday. Net sales dropped 3% to $1.87 billion. In the Towable segment, net
Darden Restaurants Inc. (DRI) topped analysts’ expectations on sales and earnings for the first quarter of 2019. Shares rose over 4% during premarket trade following the results announcement. The restaurant chain reported a 6.5% increase in total sales to $2.06
Shares of Red Hat (RHT) fell sharply in the extended trading session Wednesday after the company posted below-consensus revenues for its second quarter. Apparently, investors were not impressed by the strong earnings growth. Earnings, adjusted for one-off items, moved up
Investigations carried out by federal agencies showed that hackers exploited seemingly minor flaws in the electronic voting system to manipulate the vote tally in the last presidential election. The findings might not surprise Americans as much as it would have
AutoZone Inc. (AZO) beat analysts' expectations on earnings for the fourth quarter of 2018 but sales missed market consensus causing the stock to fall over 5% during premarket hours. The auto parts retailer reported a 1.3% increase in net sales
FedEx (FDX) reported a 40% jump in earnings for the first quarter helped by higher volumes, increased yields and a favorable net impact of fuel at all transportation segments. The top line exceeded market consensus. The company also lifted its
If you think the Apple event was one-of-a-kind "special", think again. Except for Watch Series 4, Apple seems to be tracing the path of Android. Now before you protest, we'll just say this. The budget OnePlus 6, which was released
Dave & Buster’s Entertainment (PLAY) beat market estimates on revenues and profits for the second quarter of 2018, making the stock to trade in during the morning session. The company reported total revenues of $319.2 million, up 13.7% from the
Adobe Systems (ADBE) reported a 59% jump in earnings for the third quarter as the fast-paced subscription growth, specifically Digital Media, drove the revenue higher. The top and bottom line, as expected, came in above analysts' expectations. Investors remained unsatisfied
Fred’s Inc. (FRED) missed market expectations on revenues for the second quarter of 2018. Net sales dropped 4.3% to $419.7 million versus the same period last year. The Wall Street estimate for sales was $437.1 million. Comparable store sales were
User metrics are said to be the lifeline of social media companies and tend to point out the company’s future growth potential. Let’s look at the user metric trends of the three major ones. This is Part 2 of AlphaStreet’s
Genesco Inc. (GCO) surpassed market expectations on revenue and earnings numbers for the second quarter of 2019. Net sales grew 6% to $654 million versus the prior-year period. Meanwhile, total comparable sales rose 3%, reflecting the highest gain in over
Five Below (FIVE) reported a 49% jump in earnings for the second quarter helped by new stores performance, healthy comparable sales, strong gross margin performance, and favorable tax rate. The high-growth value retailer’s stock rose more than 8% in the
Chipmaker Micron Technology (MU) has been bleeding during Thursday’s morning trading session and has nosedived about 10%. This has happened to a company which announced a week back about its $3 billion investment and a creation of 1,100 jobs in
