Latest Earnings surprises News

Southwest, JetBlue boost forecasts on strong travel demand

May. 26, 2022 12:13 PM EDT

NEW YORK (AP) — Airline stocks rallied Thursday after Southwest Airlines and JetBlue Airways said revenue from summer travel will be stronger than previously expected as travel bounces back after two years of the pandemic. The comments, which the airlines made in regulatory...

Macy's raises annual profit outlook on strong Q1 results

May. 26, 2022 12:01 PM EDT

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 performance, announced Thursday, was among the...

Ross Stores, Applied Materials fall; Palo Alto, Deckers rise

May. 20, 2022 16:54 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Deckers Outdoor Corp., up $28.49 to $255.28. The maker of Ugg footwear handily beat Wall Street's fourth-quarter profit forecasts. Palo Alto Networks Inc., up $42.31 to...

Consumers shift again, flummoxing big retailers like Target

May. 18, 2022 20:29 PM EDT

NEW YORK (AP) — The pandemic vastly changed the way Americans spend money and now as they return to pre-pandemic behavior, they’re tripping up retailers again. That dynamic has only been intensified in recent months as inflation jumps sharply, and the latest financial report...

Tesla, Occidental rise; New Relic, Merck fall

May. 13, 2022 16:29 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Motorola Solutions Inc., up $13.75 to $215.29. The communications equipment maker's first-quarter profit and revenue beat Wall Street forecasts. Tesla Inc., up $41.59...

Nebraska tax collections beat expectations in April

May. 13, 2022 11:32 AM EDT

LINCOLN, Neb. (AP) — Nebraska collected more tax revenue than projected in April and is still well ahead of expectations for the current fiscal year, according to new numbers released Friday. The state Department of Revenue reported net April tax receipts of $939 million, which is...

Callaway, Alcon rise; Wendy's, Fiverr International fall

May. 11, 2022 16:17 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Alcon AG, up $4.54 to $69.83. The maker of eye care products reported strong fiscal first-quarter financial results. Grocery Outlet Holding Corp., up $4.58 to...

Sysco, Simon Property rise; Peloton, Dentsply fall

May. 10, 2022 16:21 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Microchip Technology Inc., up $3.94 to $68.25. The chipmaker gave investors an encouraging profit and revenue forecast after reporting strong fiscal fourth-quarter financial...

Uber, Elanco fall; TreeHouse Foods, Energizer rise

May. 09, 2022 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: TreeHouse Foods Inc., up $4.42 to $34.96. The maker of own-brand packaged food for grocery stores beat analysts' first-quarter earnings and revenue forecasts. Uber...

Airbnb posts much smaller Q1 loss, revenue doubles from 2021

May. 03, 2022 18:53 PM EDT

Airbnb sharply narrowed its first-quarter loss to $19 million, as the rebound in travel after two years of pandemic caused bookings to jump and revenue to rise 70% from a year ago. The short-stay home-rentals company predicted Tuesday that revenue in the second quarter will top Wall...