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Macy’s Inc. (M) beat analyst expectations on sales and earnings numbers for the second quarter of 2018, despite sales seeing a slight
Macy’s Inc. (M) beat analyst expectations on sales and earnings numbers for the second quarter of 2018, despite sales seeing a slight decline from the prior-year period. The company also raised its earnings outlook for the full year of 2018.
[caption id="attachment_10997" align="aligncenter" width="1024"] Picture courtesy: BagoGames[/caption] The semiconductor sector wrapped up the June quarter on a high note, except for a few misses, thriving on the fast-growing datacenter and gaming businesses. When it comes to the quarterly performance of
Canadian Solar (CSIQ) shares fell after the company reported the second-quarter earnings and revenue that failed to meet the consensus estimates. The company posted earnings of $0.26 per share on revenue of $650.6 million. The company also cut its outlook
Aftermarket auto parts supplier Advance Auto Parts (AAP) delivered better-than-expected results in second-quarter of 2018, wherein both revenue and earnings topped analysts estimates. On an adjusted basis, the company reported EPS of $1.97, an increase of 24.7%. This was above
The Home Depot Inc. (HD) beat market estimates on both revenues and earnings for the second quarter of 2018. The home improvement retailer reported sales of $30.5 billion, up 8.4% from the same period last year. Comparable sales were up
Last Friday, Microsoft chief Satya Nadella sold about 328,000 shares in the company, representing 30% of common stock he holds, at an average price of $109.4 amounting to a total of $35.9 million. After the Friday’s transaction, Nadella holds 778,596
Jinko Solar Holding Co. Ltd. (JKS) beat market expectations on revenue numbers for the second quarter of 2018 but missed on earnings. The solar panel-maker reported total revenues of $915.9 million, a decrease of 23.5% from the same period last
Cloud storage company Dropbox (DBX) reported a narrower loss in the second quarter as paid users growth and per-user revenue drove revenue higher. The top and bottom line came in ahead of analysts’ expectations. Shares of the company, which went
Hydrogen fuel cell maker Plug Power Inc (PLUG) reported a 75% increase in its second-quarter revenue to $39.9 million, in line with the guidance set by the company. The company reported a narrower net loss of $25.8 million or $0.12
Booking Holdings (BKNG) reported better-than-expected second quarter results before the opening bell. The company, which was supposed to post its results on Wednesday, rescheduled to Thursday as certain business metrics were to be re-confirmed before the release. Shares of the
Shares of the fabless semiconductor company, Himax Technologies (HIMX), fell 2% during the pre-market trading after its revenue missed analysts estimates. During the second quarter, the company’s revenue increased 19.5% on a year-over-year basis to $181.4 million. Analysts were expecting
Monster Beverage Corporation (MNST) reported a 21% jump in earnings for the second quarter driven by higher net sales from its Drinks segment as well as lower income taxes. The bottom line exceeded analyst expectations, while the top line was
Continuing the strong momentum that started after going public nearly a year ago, Roku (ROKU) emerged from the negative territory in the second quarter reporting better than expected results. Shares of the TV streaming firm gained about 8% in the
Crowd-sourced review forum Yelp (YELP) reported better-than-expected revenue during the second quarter, helped by strong growth in the core advertising business. Revenue came in at $235 million, higher than $231 million expected by the Wall Street – with ad revenue
21st Century Fox (FOXA) beat analyst expectations on revenue and adjusted EPS numbers for the fourth quarter of 2018. The media giant reported revenues of $7.94 billion, up 18% from the same period last year. Revenue growth reflects double-digit growth
CVS Health (CVS) slipped to a loss in the second quarter from a profit last year, hurt by certain goodwill impairment charges related to the Long-Term Care business. However, revenue and net loss for the quarter exceeded analysts’ expectations. Shares
It’s been just a month since John Schnatter, founder of Papa John’s (PZZA) was ousted from the company due to the alleged racist comments made by him during a conference call in May. Since the news broke out in July,
Television streaming platform Roku (ROKU) is all set to announce its fourth financial report since going public in September last year. When it releases the second-quarter numbers Wednesday after the closing bell, the California-based cable operator is widely expected to
Entertainment conglomerate Walt Disney Company (DIS) closed its eventful third quarter on a positive note, with earnings registering double-digit growth on broad-based revenue growth. However, the results fell short of analysts’ forecast, sending the company’s stock down by 3% in
Cloud communications platform Twilio Inc. (TWLO) turned to profit in the second quarter from a loss last year helped by a sharp increase in revenues. The result defied analysts’ forecast for a loss. The impressive outcome and the company’s high-end guidance
A lot has changed at Walt Disney (DIS) ever since it released the second-quarter results a few months ago, and the most significant of them all is the deal to acquire the coveted assets of rival media firm 21st Century
