Latest Earnings surprises News

Splunk, Coty rise; Ross Stores, Hertz fall

May. 22, 2020 4:20 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: NVIDIA Corp., up $10.04 to $361.05. The chipmaker gave investors an encouraging revenue forecast after a surprisingly good first quarter. Deere & Co., down $2.10 to $140.71. The tractor and backhoe maker beat Wall Street's...

Inovio, Spotify rise; Urban Outfitters, Eaton Vance fall

May. 20, 2020 4:31 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: Urban Outfitters Inc., down $1.39 to $16.54. The clothing and accessories retailer reported a surprisingly big loss during the first quarter as shutdowns hurt sales. Lowe's Companies Inc., up 12 cents to $116.99. The home...

Home Depot, Kohl's fall; Southwest, Advance Auto Parts rise

May. 19, 2020 4:20 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Advance Auto Parts Inc., up $4.71 to $135.82. The auto parts retailer said its sales have been improving significantly during the second quarter. Home Depot Inc., down $7.25 to $238.10. The home-improvement chain reported...

Uber, Monster Beverages rise; TripAdvisor, Motorola fall

May. 8, 2020 4:24 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Uber Technologies Inc., up $1.86 to $32.79. The ride-hailing giant reported a revenue surge for its meal delivery business during the first quarter. TripAdvisor Inc., down 81 cents to $17.91. The travel website reported...

Peloton, PayPal rise; Elanco, Danaher fall

May. 7, 2020 4:23 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Peloton Interactive Inc., up $6.09 to $44.12. The exercise bike and treadmill company reported a surge in fiscal third-quarter revenue that beat Wall Street forecasts. PayPal Holdings Inc., up $17.98 to $146.29. The technology...

FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa.  U.S. auto safety investigators have found no apparent defect with the passenger air bag seat sensors in thousands of older General Motors sedans. The National Highway Traffic Safety Administration denied a 2013 petition filed by a private crash investigator seeking a formal investigation of full-size cars including the Chevrolet Impala from the 2004 to 2010 model years.  (AP Photo/Matt Rourke, File)

With factories dark, GM profit slumps 88%; 2Q likely worse

May. 6, 2020 11:54 AM EDT

DETROIT (AP) — General Motors' first-quarter net income fell 88%, but it still managed to make $247 million despite the arrival of the global coronavirus pandemic. U.S. automakers suspended production in much of the world in late March. For GM, that clipped revenue for the quarter by 6%, to $32.7 billion,...

Delta, Tyson fall; Co-Diagnostics, Sempra Energy rise

May. 4, 2020 4:28 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday: Delta Air Lines Inc., down $1.55 to $22.57. Warren Buffett sold all of Berkshire Hathaway's stakes in the four largest airlines. Comcast Corp., down 76 cents to $36.22. The cable and entertainment company is considering layoffs...

A person wearing a mask jogs past an Amazon Go store, Thursday, April 30, 2020, in downtown Seattle. Amazon.com is expected to announce earnings for the first quarter of 2020 at the close of markets Thursday, a report that is expected to be closely watched due to the effects of the coronavirus outbreak on the company. (AP Photo/Ted S. Warren)

Amazon profit falls as pandemic-related costs rise

Apr. 30, 2020 7:14 PM EDT

NEW YORK (AP) — Amazon’s sales soared in the first three months of the year, as more home-bound people shopped online amid the coronavirus pandemic. But getting millions of packages to shopper’s doorsteps is expensive. The rising costs pushed Amazon’s first-quarter profit down 29% and...

FILE - This April 12, 2016 file photo shows the Microsoft logo in Issy-les-Moulineaux, outside Paris, France. Ongoing demand for Microsoft's cloud computing services help softened the blow of the coronavirus pandemic on the software giant's other products during the first three months of the year. The company on Wednesday, April 29, 2020 reported fiscal third-quarter profit of $10.75 billion, up 22% from the same period last year. Net income of $1.40 per share beat Wall Street expectations of $1.27 a share. (AP Photo/Michel Euler, File)

Microsoft's cloud business helps offset pandemic woes

Apr. 29, 2020 5:31 PM EDT

Ongoing demand for Microsoft's cloud computing services help softened the blow of the coronavirus pandemic on the software giant's other products during the first three months of the year. The company on Wednesday reported fiscal third-quarter profit of $10.75 billion, up 22% from the same period last year. Net...

D.R. Horton, 3M rise; Merck, Centene fall

Apr. 28, 2020 4:22 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: D.R. Horton Inc., up $4.82 to $46.93. The homebuilder reported surprisingly good fiscal second-quarter profits and revenue. 3M Co., up $3.96 to $157.61. The maker of Post-it notes, masks and respirators reported a jump in...