Latest Earnings estimates News
FedEx's profit nearly triples as online shopping grows
NEW YORK (AP) — FedEx said Thursday that its profit nearly tripled in its most recent quarter, despite winter weather that hobbled some of its facilities. Online shopping has surged during the pandemic as more people avoid going inside stores. That has made package...
SEC suing AT&T for telling analysts nonpublic information
The Securities and Exchange Commission is suing AT&T and three of its investor relations executives for telling Wall Street analysts about the telecom giant's sales data before it released quarterly results. The early warning helped AT&T avoid having its results...
SmileDirectClub: Q4 Earnings Snapshot
NASHVILLE, Tenn. (AP) — SmileDirectClub Inc. (SDC) on Thursday reported a fourth-quarter loss of $9.7 million. A year earlier, it reported a loss of $26.2 million. On a per-share basis, the Nashville, Tennessee-based company said it had a loss of 9...
For the first time since COVID, profits are rising again
NEW YORK (AP) — The freefall for corporate profits because of the pandemic is over, at least for now. The last few companies are letting their investors know how much profit they made during the last three months of 2020, and if the trend holds, they’ll likely blow...
Michaels, DISH Network rise; B&G Foods, Wendy's fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Ross Stores Inc., down $6.59 to $111.05. The discount retailer gave investors a weak profit forecast after reporting disappointing fourth-quarter earnings. ...
Kohl's reports mixed 4Q results but offers upbeat outlook
NEW YORK (AP) — Kohl's reported mixed results for its fiscal fourth quarter, delivering a 30% increase in profits but a 10% drop in sales. Results handily beat Wall Street estimates. Online sales growth remained strong, up 22% for the latest quarter, and accounted for...
Best Buy, Domino's fall; Twitter, Smucker rise
Stocks that traded heavily or had substantial price changes Thursday: Quanta Services Inc., up $3.48 to $84.61. The contractor for utility and energy companies reported surprisingly good fourth-quarter profits. L Brands Inc., up...
Lowe's 4Q results surge as people plow money into homes
NEW YORK (AP) — Lowe’s Cos. extended its strong sales streak through the holiday season as customers kept investing in their homes during the pandemic. The nation's second largest home improvement retailer behind Home Depot reported that fourth-quarter profits almost...
Macy's closes out a tough year with hope for 2021
NEW YORK (AP) — Macy's is looking ahead to a year of recovery and rebuilding from the pandemic as the iconic department store chain offered annual forecasts that beat Wall Street forecasts. Driving that optimism is Macy's push to accelerate online sales, while focusing...
Walmart, SunPower fall; Twilio, Cheesecake Factory rise
NEW YORK (AP) — Stocks that traded heavily or made big moves Thursday: Sleep Number Corp., up $1.23 to $121.24. The bed maker reported earnings for its latest quarter that easily beat analysts' forecasts. Cheesecake Factory...
