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Autodesk (ADSK) reported its first-quarter results after the closing bell. The quarterly results topped analyst estimates both on revenue and earnings front.
Autodesk (ADSK) reported its first-quarter results after the closing bell. The quarterly results topped analyst estimates both on revenue and earnings front. The company’s revenue increased 15% to $560 million and adjusted earnings came in at $0.06 per share compared
Medical device company Medtronic (MDT) posted better-than-expected fourth quarter earnings, sending its shares up. Earnings during the quarter came in at $1.07 a share. Excluding items, the company earned $1.42, topping analysts’ estimate of $1.39. Revenue came in at $8.1
NetApp’s (NTAP) fourth quarter revenue and earnings topped Street estimates. Net revenue of $1.64 billion, surged 11% over the prior year period, and adjusted earnings climbed 22% to $1.05 per share. Shares of the data storage provider dipped more than
Wall Street Investors who were divided in their opinion on the merits of the trade sanctions imposed by President Trump against China a couple of months ago are relieved a lot this week after a potential trade war was ‘put
Premium lifestyle products manufacturer Ralph Lauren (RL), which was trounced by a year-over-year trend of declining revenue for more than three years, continued the same trend in the recently ended fourth quarter with a 2.3% decline in revenue at $1.52
Jewelry maker Tiffany & Co. (TIF) reported a 53% jump in earnings in the first quarter, riding on a 15% rise in worldwide net sales, higher operating margin and lower effective tax rate. The company has also raised its sales
Lowe’s (LOW) today reported lower-than-expected Q1 earnings, sending its shares down as much as 8% during the pre-market trading. The Mooresville, North Carolina-based company reported almost 70% jump in earnings to $1.19 per share but it came below the analysts’
Intuit (INTU) reported better-than-expected results for the third quarter, beating analyst estimates on both revenue and earnings front. Revenues climbed by 15% to almost $2.93 billion, while adjusted earnings of $4.82 per share witnessed a 24% jump compared to the
Urban Outfitters (URBN), which had a dream run over the past year, reported another quarter of earnings and sales numbers surpassing consensus estimates. Revenue came in at $855 million, surging 12.4%, aided by double-digit increases in comp store and digital
Car parts retailer Advance Auto Parts (AAP) shares dipped 3% during the morning session after the company’s revenue failed to meet analysts’ expectations. Revenues came in at $2.87 billion, down 0.6% from $2.89 billion in the previous year. Comparable store
Auto parts retailer and top industry performer AutoZone (AZO) reported earnings of $366.72 million or $13.42 per share in the third quarter, up from with $331.70 million or $11.44 per share during the prior year period. This topped analyst estimates
Kohl’s Corporation (KSS) reported a 3.5% increase in total revenues to $4.2 billion for the first quarter of 2018. Comparable sales increased 3.6% during the quarter. Net income increased 14% to $75 million from the prior-year period. Diluted EPS rose
All the hype about 5G is reaching a fever pitch. 5G or the fifth generation of wireless networks is faster than 4G, allows more devices to connect to the internet, and offers consistent coverage; and this explains the eagerness surrounding
The membership-based warehouse operator BJ Wholesale Club, which competes with the likes of Costco (COST) and Sam’s Club, is all set to rejoin the public market. The company took the first step towards filing an IPO on Thursday and decided
Nordstrom (JWN) reported better-than-expected first quarter results. The company is reporting its quarterly results for the first time since the founding family’s bid to take the company private was rejected by the Board citing insufficient valuations. Shares of the specialty
Applied Materials (AMAT), a supplier of semiconductor manufacturing equipment to chipmakers around the world, posted strong top and bottom line results, beating consensus estimates. The company reported record quarterly revenue for the quarter of $4.57 billion, a 29% increase year-over-year.
Specialty retailer of kids' merchandise, The Children’s Place (PLCE), saw its stock slipping 3.26% on Thursday during pre-market trading. The company posted weaker-than-expected earnings for the first quarter of 2018, negatively impacted by winter storms and unseasonably cold temperatures that
Walmart’s (WMT) efforts to revitalize its e-commerce business yielded the desired results in the first quarter when earnings rose sharply and surpassed estimates. The company said the recent acquisition of Flipkart — marking its foray into the Indian market —
Telecommunications and media are probably the two sectors that benefitted the most from President Donald Trump’s new industrial policy. The diverse formulae being tried out by companies to combat pricing and competitive pressures have resulted in the emergence of a
Shares of Macy’s Inc. (M) were up 9% during the pre-market trading after it reported upbeat results for the first quarter and raised the outlook for the year. Macy’s stock, which jumped about 27% so far this year, spiked 7%
Solar power company Canadian Solar (CSIQ) reported first-quarter earnings results that beat Wall Street expectations on both the top and bottom lines. Despite the upbeat results, the company’s share fell 3.51% during pre-market trading. The company, which recently completed the
