Latest Earnings estimates News

This is the sign on a Rite Aid Pharmacy in Pittsburgh, Pa., Tuesday, April 14, 2020.  Rite Aid topped Wall Street expectations for the fiscal second quarter, Thursday, Sept. 24,  and gave a revised annual forecast, one quarter after withdrawing it due to COVID-19 uncertainty. (AP Photo/Gene J. Puskar)

Rite Aid tops Street 2Q expectations, revises forecast

Sep. 24, 2020 9:14 AM EDT

Rite Aid topped Wall Street expectations for the fiscal second quarter and gave a revised annual forecast, one quarter after withdrawing it due to COVID-19 uncertainty. The drugstore chain said Thursday that its quarterly loss shrank to $13.2 million from $79.3 million in the previous year’s quarter. An...

Crocs, Zumiez rise; Dave & Buster's, Nikola fall

Sep. 11, 2020 4:35 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday: Oracle Corp., down 33 cents to $57. The software maker reported surprisingly good fiscal first-quarter earnings and gave investors an encouraging profit forecast. Peloton Interactive Inc., down $3.71 to $84.04. A surge in...

Workday, Nutanix rise; Ollie's, Big Lots fall

Aug. 28, 2020 4:40 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday: Workday, Inc., up $27.25 to $243.88. The business software company raised its subscription revenue forecast after beating Wall Street's second-quarter earnings expectations. Dell Technologies Inc., up $3.78 to $66.21. The laptop...

Abbott, Abercrombie & Fitch rise; Coty, Greif fall

Aug. 27, 2020 4:20 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Thursday: NetApp Inc., up $1.70 to $43.91. The data storage company handily beat Wall Street's fiscal first-quarter profit and revenue forecasts. Builders FirstSource Inc., up $2.33 to $30.24. The building materials company is buying North...

Salesforce, Anaplan rise; Nordstrom, Pure Storage fall

Aug. 26, 2020 4:21 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday: Hewlett Packard Enterprise Co., up 34 cents to $9.67. The information technology company beat analysts' fiscal third-quarter profit and revenue forecasts. Pure Storage Inc., down $1.70 to $15.05. The data storage company warned...

FILE - In this May 18, 2020 file photo, Gus Promollo delivers an order into a customer's trunk at Dick's Sporting Goods in Paramus, N.J.  At home workouts and outdoor athletic activities are shaping up to be good business for Dick’s Sporting Goods. The retailer’s second-quarter results easily beat Wall Street’s expectations, Wednesday, Aug. 26,  as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. (AP Photo/Seth Wenig, File)

No sweat: Dick's crushes 2Q as consumers focus on fitness

Aug. 26, 2020 3:02 PM EDT

At home workouts and outdoor athletic activities are shaping up to be good business for Dick's Sporting Goods. The retailer's second-quarter results easily beat Wall Street's expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. While many consumers...

FILE - In this Wednesday, May 27, 2020, file photo, shoppers walk past a Nordstrom window display at The Grove shopping center in Los Angeles. On Tuesday, Aug. 25, 2020, Nordstrom Inc. reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced the upscale department store chain to temporarily close its stores. (AP Photo/Marcio Jose Sanchez, File)

Nordstrom's 2Q sales down 53% hurt by pandemic fallout

Aug. 25, 2020 6:05 PM EDT

NEW YORK (AP) — Nordstrom Inc. on Tuesday reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced the upscale department store chain to temporarily close its stores. The Seattle-based retailer's business was also hurt by the shift of its...

In this Aug. 27, 2019 photo, the Best Buy logo is shown on a store in Richfield, Minn.  Best Buy Co. reported that online sales more than tripled in the fiscal second quarter, Tuesday, Aug. 25, 2020, as shoppers bought computers, tablets and large appliances to help them cook, work and learn from home during the pandemic.    (AP Photo/Jim Mone)

Best Buy's 2Q online sales surge but challenges remain

Aug. 25, 2020 12:49 PM EDT

NEW YORK (AP) — Best Buy Co. reported that online sales more than tripled in the fiscal second quarter, as shoppers bought computers, tablets and large appliances to help them cook, work and learn from home during the pandemic. Overall, the nation's largest consumer electronics chain, based in Richfield,...

FILE - In this June 16, 2020, file photo, a sign for a Wall Street building is shown in New York. This earnings reporting season for big U.S. companies has been historically bad, and yet still much better than Wall Street expected. (AP Photo/Mark Lennihan, File)

Spring in their step: Wall St. bullish as 2Q profits plunge

Aug. 20, 2020 10:33 AM EDT

NEW YORK (AP) — Earnings for big U.S. companies were historically bad last quarter — and yet still much better than expected. CEOs across the country are almost finished telling investors how their companies fared from April through June, when pandemic-related shutdowns pummeled the economy into...

FILE-  In this March 22, 2020 file photo customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. A massive surge in online sales and increased business at its U.S. stores helped push Lowe’s second-quarter performance above analysts’ estimates. Similar to rival Home Depot, Lowe’s Cos. has experienced stronger interest in its products as people continue to stay home amid the virus outbreak.  (AP Photo/Mark J. Terrill, File)

DIY projects ramp up in pandemic, and so do sales at Lowe's

Aug. 19, 2020 11:30 AM EDT

Home improvement retailer Lowe's Cos. became the latest big box retailer to report surging sales during the fiscal second quarter as Americans are finding more ways to improve their home during the pandemic. Comparable store sales in the U.S. spiked 35.1% at Lowe's, and online orders more than doubled. The...