Latest Earnings estimates News
Wall Street's bubble may be gone, but stocks can still fall
NEW YORK (AP) — The good news for stocks is that this year’s sell-off means they no longer look eye-wateringly expensive. The bad news: That won’t matter if corporate profits give out. A stock’s price rises or falls for essentially two reasons: how much cash a...
Kohl's, JM Smucker rise; Target, Encompass fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Target Corp., down $3.69 to $155.98. The retailer is canceling orders from suppliers and slashing prices as consumers shift spending from goods to services. Kohl's...
MongoDB, Chewy rise; Ciena, Hewlett Packard Enterprise fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Meta Platforms Inc., up $10.22 to $198.86. The No. 2 executive at Facebook's owner, Sheryl Sandberg, is stepping down. Hewlett Packard Enterprise Co., down 82 cents...
Macy's raises annual profit outlook on strong Q1 results
NEW YORK (AP) — Shoppers' return to occasion dressing helped to power Macy's fiscal first-quarter results, and the department store chain raised its annual earnings outlook even as surging inflation is crimping Americans' budgets. The results announced Thursday were among the few...
Best Buy lowers outlook as Q1 results show inflation's bite
NEW YORK (AP) — Best Buy Co. posted first-quarter results Tuesday that showed shoppers pulled back on spending, while higher costs ate into profits. The nation's largest consumer electronics chain also cut its annual outlook, noting a deteriorating macro economic environment. ...
Snap, Nautilus fall; Nordson, Insulet rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Best Buy Co., up 88 cents to $73.47. The nation’s largest consumer electronics chain reported strong first-quarter revenue. Nautilus Inc., down 48 cents to $2.03. ...
Kohl's cuts annual forecast, as it gets stung with inflation
NEW YORK (AP) — Kohl’s Corp. cut its annual earnings and sales forecast, as the department store chain joins a string of retailers stung with soaring inflation. The reduction, announced Thursday, came as it reported fiscal first-quarter results that came below analysts'...
Target, Lowe's fall; TJX, Agilysys rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Target Corp., down $53.67 to $161.61. The retailer's first-quarter profits were squeezed by higher costs amid persistently rising inflation. Lowe's Companies Inc.,...
Walmart Q1 profit dragged down as inflation takes a bite
NEW YORK (AP) — Walmart reported stronger sales for its fiscal first quarter, but its profit took a beating as the nation's largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain. The company also on Tuesday cut its...
Home Depot overcomes slow start to year, rising home prices
Home Depot's first-quarter sales improved despite a slow spring start and the home improvement chain raised its full-year guidance. Revenue increased about 4% to $38.91 billion, easily beating Wall Street expectations, according to a survey of analysts by Zacks Investment Research. ...
