Latest Earnings estimates News

Asian shares mixed over concerns about oil tankers, trade

Jun. 13, 2019 10:52 PM EDT

TOKYO (AP) — Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China. Japan's benchmark Nikkei 225 edged up 0.2% to 21,076.11 in morning...

Investors should guard against tunnel vision on trade wars

Jun. 11, 2019 5:26 PM EDT

NEW YORK (AP) — Once this trade-war cloud gets lifted, investors should have little to worry about, right? Monday's market action makes it seem that way: Stocks around the world climbed after President Donald Trump withdrew a threat to impose tariffs on Mexico, at least for now. That leaves investors...

Asian stocks trail US rise on US-Mexico trade deal optimism

Jun. 7, 2019 2:41 AM EDT

TOKYO (AP) — Asian shares were mostly higher Friday on investor optimism about a possible trade deal between the U.S. and Mexico before tariffs take effect. Japan's Nikkei 225 gained 0.5% to 20,884.71, while Australia's S&P/ASX 200 rose nearly 1.0% to 6,443.90. South Korea's Kospi fell 0.2% to...

Plant-based burger maker Beyond Meat beats forecasts in 1Q

Jun. 6, 2019 6:35 PM EDT

Beyond Meat went beyond expectations in its first earnings report since its stock market debut last month. The plant-based meat maker's shares soared after it beat Wall Street's first quarter earnings and revenue forecasts. Beyond Meat also said it expects full-year revenue to hit $210 million this year, more...

Asian stocks mixed after Trump threatens Mexico tariffs

Jun. 5, 2019 11:49 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday as traders kept a close watch on impending U.S. tariffs on Mexico while trade talks with Beijing remained at a standstill. Japan's Nikkei 225 index added 0.3% to 20,832.46 while the Shanghai Composite index lost 0.5% to 2,848.34. The benchmark in...

Campbell Soup fiscal 3Q results beat estimates

Jun. 5, 2019 10:55 AM EDT

CAMDEN, N.J. (AP) — Campbell Soup Co. on Wednesday reported fiscal third-quarter net income of $84 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Camden, New Jersey-based company said it had net income of 28 cents. Earnings, adjusted to account for discontinued...

Tiffany 1Q sales drop as tourist spending slumps

Jun. 4, 2019 2:08 PM EDT

NEW YORK (AP) — Tiffany & Co. topped first quarter profit expectations but fewer tourists at its U.S. stores, particularly from China, dragged on sales and the company trimmed its expectations for the year. Tiffany said earlier this year that holiday sales were hurt by a drop in spending by Chinese...

Asian shares mixed, trade worries continue on Trump tariffs

May. 30, 2019 10:45 PM EDT

TOKYO (AP) — Asian shares were mixed Friday as trade worries continued after President Donald Trump announced additional tariffs on imports from Mexico. Japan's benchmark Nikkei 225 dipped 0.7% in early trading to 20,796.38, while Australia's S&P/ASX 200 inched down 0.1% to 6,383.70. South Korea's...

Gap's 1Q results fall short of Wall Street estimates

May. 30, 2019 5:30 PM EDT

SAN FRANCISCO (AP) — Gap Inc. reported fiscal first-quarter results on Thursday that fell well short of analysts' expectations, sending the company's stock tumbling more than 10% in after-market trading. The downbeat performance comes three months after the retailer said it was creating two independent...

PVH and Movado slide while Burlington and DSW rise

May. 30, 2019 4:49 PM EDT

Stocks that moved substantially or traded heavily on Thursday: PVH Corp., down $14.76 to $84.49 The owner of the Calvin Klein and Tommy Hilfiger brands cut its full-year profit forecast, citing soft sales in the U.S. and China. Palo Alto Networks Inc., down $11.02 to $204.30 The security software maker issued a...