Latest Earnings estimates News

Cisco, BJ's Wholesale rise; Kohl's, Amcor fall

Aug. 18, 2022 16:29 PM EDT

Stocks that traded heavily or had substantial price changes Thursday: Cisco Systems Inc., up $2.71 to $49.37. The seller of routers, switches and software reported strong fiscal fourth-quarter financial results. Keysight Technologies Inc., up $10.07 to...

Target takes a hit after heavy discounts to clear inventory

Aug. 17, 2022 09:59 AM EDT

NEW YORK (AP) — Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted inventories of clothing, home goods and electronics. In early June, Target warned that it was canceling orders from...

Disney, Dillard's rise; Six Flags, Sonos fall

Aug. 11, 2022 16:16 PM EDT

Stocks that traded heavily or had substantial price changes Thursday: Walt Disney Co., up $5.34 to $117.77. The media and entertainment giant added 14.4 million Disney+ subscribers last quarter and will raise prices for the streaming service. Six Flags...

Axon, Trade Desk rise; Alcon, Rackspace fall

Aug. 10, 2022 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Alcon Inc., down $3.53 to $71.94. The eye care company trimmed its profit and revenue forecasts for the year. Trade Desk Inc., up $19.74 to $74.24. ...

Viatris, First Solar rise; Tyson Foods, Nvidia fall

Aug. 08, 2022 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Viatris Inc., up 36 cents to $10.09. The generic drugmaker beat Wall Street's second-quarter earnings and revenue forecasts. Tyson Foods Inc., down $7.35 to $80.10. ...

Buffett's firm reports $44B loss but its businesses thrive

Aug. 06, 2022 14:33 PM EDT

OMAHA, Neb. (AP) — Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted, but Berkshire Hathaway’s many operating companies generally performed well suggesting the overall economy is weathering the pressure from inflation...

Zillow, Monster Beverage fall; Yelp, Atlassian rise

Aug. 05, 2022 16:14 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Warner Bros. Discovery Inc., down $2.89 to $14.59. The owner of CNN and HBO reported a surprising loss for the second quarter. Atlassian Corp., up $38.18 to $268.59. ...

Alibaba revenue beats expectations despite contraction

Aug. 04, 2022 23:41 PM EDT

HONG KONG (AP) — Chinese e-commerce firm Alibaba Group Holding on Thursday beat market expectations for revenue in its quarter ended June, even as revenue was nearly flat and its net income plunged 50%. The company has been grappling with increased regulatory scrutiny and fines...

COVID-19 vaccine sales push Moderna past expectations in Q2

Aug. 03, 2022 12:14 PM EDT

Better-than-expected COVID-19 vaccine sales pushed Moderna past Wall Street’s second-quarter forecasts. The company said that its Spikevax vaccine brought in $4.53 billion during the quarter. Analysts were looking for around $3.6 billion, according to FactSet. ...

Growing prescriptions help push CVS past Q2 expectations

Aug. 03, 2022 10:59 AM EDT

CVS Health thumped second-quarter expectations and hiked its full-year forecast as growing prescription claims and COVID-19 test kits sales countered a drop in vaccinations. A longer cough, cold and flu season also brought in more business, and claims in CVS Health's biggest segment,...