Latest Earnings surprises News

US stocks' mixed finish nudges S&P 500 to a 2nd weekly gain

Sep. 6, 2019 4:55 PM EDT

Major U.S. stock indexes finished little changed Friday after a day of mostly quiet trading capped the S&P 500's second straight weekly gain. The market shook off an early stumble thanks largely to gains in health care stocks, makers of consumer products and retailers. Technology, communications and utilities...

Lululemon, Genesco gain; Domo, Science Applications fall

Sep. 6, 2019 4:32 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Lululemon Athletica Inc., up $14.73 to $203.14 The athletic apparel maker handily beat Wall Street's fiscal second quarter profit expectations and raised its profit forecast for the year. DocuSign Inc., up $10.02 to $56.27 The...

Signet and Palo Alto Networks rise while Mallinckrodt slumps

Sep. 5, 2019 4:30 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Palo Alto Networks Inc., up $11.56 to $212.05 The cybersecurity company beat Wall Street's fiscal fourth quarter forecasts and will buy Zingbox for $75 million. Signet Jewelers Ltd., up $2.96 to $13.97 The jewelry company behind...

Best Buy 2Q profit beats estimates, but revenue misses

Aug. 29, 2019 2:44 PM EDT

NEW YORK (AP) — Best Buy Co. reported a sales shortfall for the fiscal second quarter and trimmed its annual sales forecast, blaming uncertainty surrounding an escalating trade war with China heading into the holiday shopping season. Shares of the retailer fell 8% in afternoon trading Thursday. "It is...

Tiffany, Syneos Health rise while Autodesk, Movado fall

Aug. 28, 2019 4:31 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Autodesk Inc., down $10.13 to $140.08 The software company slashed its full-year profit and revenue forecasts. Tiffany & Co., up $2.50 to $85.17 The luxury jeweler posted results that beat analysts' expectations and...

Johnson & Johnson, Papa John's rise; Smucker, Farfetch fall

Aug. 27, 2019 4:47 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Altria Group Inc., down $1.87 to $45.25 The tobacco company confirmed that it's in talks to combine with Philip Morris International. Johnson & Johnson, up $1.84 to $129.64 A $572 million ruling against the company in an...

BJ's Wholesale, Keysight rise while L Brands, Retrophin fall

Aug. 22, 2019 4:28 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: BJ's Wholesale Club Holdings Inc., up $3.87 to $26.42 The wholesale membership warehouse beat Wall Street's second quarter profit expectations and maintained a solid forecast for the year. L Brands Inc., down 70 cents to $19.33...

Ellison's home improvement at Lowe's is paying off

Aug. 21, 2019 2:57 PM EDT

Lowe's blew past second quarter profit expectations, buoyed by strong demand for spring goods and sales to contractors. Even though the home improvement retailer wrestled with lower lumber prices and rough spring weather, CEO Marvin Ellison said Lowe's saw growth in same-store sales across the U.S. "Our...

Home Depot and Moderna rise while Fabrinet and Sarepta fall

Aug. 20, 2019 4:44 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Home Depot Inc., up $9.14 to $217.09 The home improvement retailer handily beat Wall Street's second quarter profit forecasts as the housing market gained strength. Baidu Inc., up $4.50 to $108.72 The Chinese internet search...

Tapestry offers downbeat outlook and its stock tumbles

Aug. 15, 2019 4:12 PM EDT

NEW YORK (AP) — Tapestry Inc.'s shares lost nearly a quarter of their value Thursday after the upscale handbag and fashion company said that it would have an unexpected drop in profit and revenue in the current quarter. The New York-based company, which owns the Coach, Kate Spade and Stuart Weitzman...