Latest Earnings estimates News

Correction: Earns-Cloudflare story

Feb. 14, 2020 3:24 PM EST

SAN FRANCISCO (AP) — In a story Thursday about Cloudflare Inc.’s results — generated by Automated Insights using data from Zacks Investment Research — The Associated Press reported erroneously the company’s name. It is Cloudflare, not Cloudfare. A corrected version of the story...

Tempur Sealy, Redfin rise; Nu Skin, MGM Resorts fall

Feb. 13, 2020 4:15 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Applied Materials Inc., up $2 to $67.37 The chipmaking equipment company gave investors a surprisingly good profit and revenue forecast, along with solid earnings. Nu Skin Enterprises Inc., down $5.82 to $29.97 The seller of...

FILE - In this Oct, 29, 2018 file photo James Murren, CEO of MGM Resorts International, participates in a news conference in New York. Murren the head of casino giant MGM Resorts International says he'll step down as company chairman and chief executive as soon as the company leaders find his successor. Murren was praised in a company statement Wednesday, Feb. 12, 2020, saying he informed the corporate board he intends to leave before his contract expires, at the end of 2021. (AP Photo/Seth Wenig,File)

Chief executive at MGM Resorts says he'll step down

Feb. 12, 2020 7:36 PM EST

LAS VEGAS (AP) — Jim Murren, the head of casino giant MGM Resorts International, says he’ll step down as chairman and chief executive as soon as the company finds a successor. Murren has led the company since 2008. A corporate statement Wednesday said he intends to leave before his contract expires...

FILE - In this Feb. 6, 2020, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 12. (AP Photo/Richard Drew, File)

Solid earnings send stock indexes higher on Wall Street

Feb. 12, 2020 5:11 PM EST

Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains came as worries about the economic impact of the...

Shopify, Teva rise; Western Union, Lyft fall

Feb. 12, 2020 4:27 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: Lyft Inc., down $5.48 to $48.46 The ride-hailing service disappointed investors by sticking to its long-term forecast for profitability by the end of 2021. Akamai Technologies Inc., up $1.08 to $97.45 The cloud services...

FILE - In this May 30, 2019, file photo, the new HealthHUB is shown inside a CVS store in Spring, Texas. CVS Health reports financial results on Wednesday, Feb. 12, 2020. (AP Photo/David J. Phillip, File)

CVS Health swings to 4Q profit, lays out leadership changes

Feb. 12, 2020 11:07 AM EST

CVS Health swung to a fourth-quarter profit and is starting the new year with a management shakeup for its largest business. The company will replace Derica Rice with Dr. Alan Lotvin as the leader of its pharmacy benefit management segment. CVS Health also named former Concerto Healthcare executive Alec...

Sprint, AutoNation rise; Under Armour, Goodyear Tire fall

Feb. 11, 2020 4:42 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Sprint Corp., up $3.72 to $8.52 A federal judge's ruling removed an obstacle to the wireless company's $26.5 billion acquisition by T-Mobile. Under Armour Inc., down $3.03 to $15.12 The athletic clothing company said it may need...

Uber, AbbVie rise; Wynn, Myrian Genetics fall on Wall Street

Feb. 7, 2020 4:17 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Uber Technologies Inc., up $3.54 to $40.63 The ride-hailing company reported a big jump in revenue and says it expects to reach profitability earlier than forecast. Ford Motor Co., down 14 cents to $8.11 The company is shaking up...

Specialist Jay Woods works at his post on the floor of the New York Stock Exchange, Thursday, Feb. 6, 2020. U.S. stocks rose in midday trading Thursday as investors continued focusing on the latest round of corporate earnings and China cut tariffs on key imports as part of a trade war truce. (AP Photo/Richard Drew)

Asian stock markets retreat after surge on China tariff cut

Feb. 6, 2020 11:38 PM EST

Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports. Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. Major Asian markets jumped more than 2% on Thursday after Beijing said it will cut duties on $75 billion of U.S. goods...

Twitter, Tapestry rise; Qualcomm, Yum Brands fall

Feb. 6, 2020 4:26 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Twitter Inc., up $5.02 to $38.41 The messaging service reported surprisingly good growth for daily users and solid revenue in the fourth quarter. Tapestry Inc., up 61 cents to $29 The parent of Coach and Kate Spade beat Wall...