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Tyson Foods (TSN) reported a 21% jump in earnings for the third quarter as strong sales from Beef and Prepared Foods segments
Tyson Foods (TSN) reported a 21% jump in earnings for the third quarter as strong sales from Beef and Prepared Foods segments drove sales higher, slightly offset by oversupply and pricing headwinds. The bottom-line exceeded analysts’ expectations, while the top-line
When a decade ago PetroChina hit the magic number of $1 trillion, management and shareholders raved. However, the celebration was short-lived. Unfavorable market conditions sent the stock into a free fall in the following months. In the past ten years,
Shares of Groupon (GRPN) fell 7% during the pre-market trading after the company reported second-quarter results as it missed analysts estimates on both top-and-bottom lines. The stock continued to trade in the negative zone during the early regular trading hours.
Earnings of gaming giant Activision Blizzard (ATVI) increased sharply in the second quarter and surpassed analysts’ expectations, aided by record mobile revenues and net bookings. Meanwhile, the stock dropped about 3% in the extended session Thursday after the company issued
GoPro Inc. (GPRO) reported a wider loss in the second quarter due to a decline in revenue. The top and bottom line exceeded analysts' expectations. After remaining in the red territory throughout the day, the stock showed a short gain
Take-Two Interactive (TTWO), the parent of studios that gave us gaming hits such as Max Payne and Grand Theft Auto, posted a 7% slip in net revenue of $388 million for the first quarter of fiscal 2019, generating earnings of
Health insurer Cigna (CI) reported a surge in its second-quarter profit and revenue, mainly due to strong performance across multiple businesses. The company also raised its full-year 2018 outlook that sent the stock up 2.22%. Cigna’s revenue rose 10% to
Regeneron Pharmaceuticals Thursday reported better-than-expected second quarter earnings of $5.45 per share on a revenue of $1.6 billion. Revenue for the quarter rose 9% year-over-year driven by strong US sales growth of Eylea and Dupixent drugs. On a GAAP basis,
Teva Pharmaceutical Industries Ltd. (TEVA) beat market estimates on adjusted EPS for Q2 2018 while revenues came in line with expectations. Despite these results, the stock fell around 5% in premarket trade. Teva reported a decrease of 18% in revenues
Continuing the protracted losing streak, meal-kit company Blue Apron Holdings (APRN) Thursday reported a net loss for the second quarter, when revenues fell sharply and missed estimates as the company’s customer base continued to shrink. Analysts were looking for a
Chemical giant DowDuPont (DDP) reported a higher adjusted profit as well as a rise in sales during the second-quarter results, aided by growth across all its businesses as well as the launch of new products. During the quarter, adjusted earnings
Cognizant Technology Solutions Corporation (CTSH) reported revenues of $4.01 billion for the second quarter of 2018, an increase of 9.2% compared to the same period last year. GAAP net income dropped to $456 million or $0.78 per share from $470
Square (SQ) reported stellar results for the second quarter beating analyst estimates on both earnings and revenue front. However, earnings guidance for the quarter ending September came in below street expectations pushing the stock marginally down in the extended hours
[embed]https://www.youtube.com/watch?v=1I9UtyZMTek&t=284s[/embed] Stock is up about 9% to $327.50 at 7:00 PM ET Call ends. Musk says self-funding is the best strategy for the company at the moment, but it won't affect productivity. Musk expresses confidence that the energy
T-Mobile US (TMUS) reported Q2 earnings and wireless customer additions that both topped analysts’ views. The company reported its quarterly results for the second time after it announced a merger deal worth $26.5 billion with Sprint (S). Revenue was up
Italian sports carmaker Ferrari N.V. (RACE) reported an 18% growth in earnings for the second quarter helped by higher volume and increased mix/price. The company experienced the continued growth in shipments of its vehicles and confirmed its full-year guidance. The
The maker of fitness trackers, Fitbit (FIT), reported a net loss that almost doubled to 49 cents per share in the second quarter on revenue of $299.3 million. On an adjusted basis, the company reported a loss of 22 cents
HR services provider Automatic Data Processing (ADP) today reported a steep 59% decline in Q4 2018 earnings. This decrease was mainly due to the impact of pre-tax charges of $365 million related to the company's Voluntary Early Retirement Program and
Electric car maker Tesla (TSLA) Wednesday reported record revenues for the second quarter and reiterated its promise to become profitable in the second half. The company posted a wider net loss for the quarter, when margins were squeezed by higher
Chesapeake Energy (CHK) slipped to a loss in the second quarter from a profit last year, due to lower revenue from oil, natural gas, and NGL as well as an increase in expenses from marketing and depreciation, depletion and amortization.
Garmin Ltd. (GRMN) surpassed market expectations on revenue and pro forma EPS numbers for the second quarter of 2018 and raised its outlook for the full year. The company reported revenues of $894 million for Q2 2018, up 8% compared
