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Benefitting from the growing demand for data center products, Broadcom’s (AVGO) earnings rose sharply in the third quarter and exceeded estimates. The
Benefitting from the growing demand for data center products, Broadcom’s (AVGO) earnings rose sharply in the third quarter and exceeded estimates. The impressive results triggered a stock rally and shares of the chipmaker gained about 3% following the announcement. Adjusted
GameStop (GME) slipped to a loss in the second quarter due to a non-operating tax charge related to its tax matter in France. The top line exceeded analysts' expectations as hardware sales growth overshadowed the shortfall in software sales. However,
Barnes & Noble Inc. (BKS) missed estimates on revenues and earnings for the first quarter of 2019. The retailer reported total sales of $795 million, down 6.9% from the same period last year. Comparable store sales fell 6.1%. Net loss
Navistar International Corporation (NAV) beat analyst estimates on earnings for the third quarter of 2018 but missed the mark on revenues. Shares climbed over 3% premarket following the release. The company reported revenues of $2.6 billion for the third quarter
HD Supply Holdings Inc. (HDS) beat market estimates on revenues and earnings for the second quarter of 2018, sending the stock climbing over 3% during pre-market hours. Net sales rose 18.3% to $1.6 billion from the same period last year
Navistar International (NAV) is set to report third quarter 2018 earnings results on Thursday before the market opens. For the third quarter, analysts estimate sales to come in at $2.6 billion which would reflect a growth of over 20% from
The three major social media companies – Facebook (FB), Twitter (TWTR) and Snap (SNAP) – reported their second-quarter earnings a few weeks ago with mixed results and stock reactions. Let’s take a look at these three companies and how they
Facebook (FB) and Snap (SNAP) are said to have similar features across their social media platforms. Yet, Facebook continues to have a broad reach in terms of users and revenues while Snap lags behind. Let’s look at the performance of
Until a few years ago, digital video streaming was synonymous with the company that successfully pioneered the service – Netflix (NFLX). As the popularity of the path-breaking entertainment medium grew, several new players hit the market offering viewers a plethora
Big Lots Inc. (BIG) missed analyst expectations on revenue and earnings for the second quarter of 2018, sending shares falling nearly 12% in premarket hours. Net sales increased slightly to $1.22 billion from $1.21 billion in the same period last
Signet Jewelers (SIG) topped analysts’ expectations on both sales and earnings numbers for the second quarter of 2019, sending the stock soaring around 18% during premarket hours. Net sales grew 1.5% to $1.42 billion versus the same period in 2018,
Discount retailer Dollar General (DG) reported a 38% jump in earnings for the second quarter helped by contributions from its mature store base and robust performance of its new stores. The top and bottom line came in above analysts' expectations.
Campbell Soup Company (CPB) beat the consensus estimate on Q4 earnings, but missed on the top line. The company also announced its plans to sell its international and fresh-foods units. The revenue miss and the divestiture of the two units
PVH Corp (PVH) reported a 38% jump in earnings for the second quarter helped by broad-based strength across its businesses globally as well as strong momentum in its Tommy Hilfiger and Calvin Klein brands. Revenue and EPS exceeded analysts' expectations
Cloud computing company Salesforce.com (CRM) reported a 550% jump in earnings for the second quarter helped by gains on strategic investments. The top and bottom lines exceeded analysts’ expectations and the company raised its full-year 2019 guidance. The stock, which
Dick’s Sporting Goods (DKS) topped analysts' expectations on its earnings number for the second quarter of 2018 but missed the mark on sales, sending shares crashing by nearly 12% during pre-market hours and the stock continued to trade in the
Warehouse club operator Costco Wholesale Corp. (COST) is expected to report results for the fourth quarter on September 6. Analysts expect the company to post earnings of $2.31 per share on revenues of $43.65 billion. In the trailing four quarters,
Cloud technology company Box, Inc. (BOX) reported a narrower net loss in the second quarter as marked customer base growth and a rise in billings drove revenue higher. Though the results topped street expectations, investors reacted negatively triggering a stock
Tiffany & Co. (TIF) reported second quarter 2018 revenues and earnings that topped market expectations and sent the stock climbing 5% during the premarket trade. Worldwide net sales grew 12% to $1.1 billion versus the prior-year period, helped by growth
Best Buy Co. Inc. (BBY) beat market estimates on revenues and profits for the second quarter of 2019 and raised its outlook for the full fiscal year. Despite the strong results, the company’s third quarter outlook came in short of
A revamped product-line and innovations in store operation pushed Foot Locker’s (FL) second-quarter sales and earnings beyond expectations. Reflecting the underlying softness in the sportswear industry, the company reported lower-than-expected comparable sales, which dragged the stock lower in the premarket
