BP’s Earnings Beat Analysts’ Expectations
BP (BP) reported its second-quarter results today. Its earnings per American depositary share of $0.84 beat analysts’ estimate by about 7%.
Earnings Report
What’s T-Mobile’s Updated Outlook for Fiscal 2019?
Last week, T-Mobile (TMUS) reported strong second-quarter financial results.
Arista Networks: Why Its Q2 Earnings Are Critical
Arista Networks’ (ANET) second-quarter earnings are expected on August 1. Analysts expect Arista Networks to post revenues of $606.86 million.
Kansas City Southern Outshines Its Peers in Q2
Kansas City Southern (KSU) stock opened nearly 3% higher on Friday after reporting better-than-expected second-quarter results.
Why Valero Stock Slumped on Q2 Earnings
In the second quarter, Valero Energy’s refining earnings fell 28% YoY to $1.0 billion due to its weaker refining margin partly offset by higher throughput.
Total SA Stock Fell Marginally After Q2 Earnings
Total SA stock fell 0.9% on Thursday—its earnings release day. The stock was impacted by a 20% YoY fall in its earnings.
Google Earnings: Stock Gains in After-Hours Trading
Google’s earnings just for the second quarter just came out today, and the stock has gained over 7.0% in after-hours trading.
Suncor’s Earnings Rise but Miss Estimate in Q2
Suncor Energy (SU) posted its second-quarter earnings results on July 24. In the quarter, its revenue missed Wall Street’s estimate by 4%.
Why Is Delek Stock Falling?
Analysts expect Delek’s EPS to fall by 38% YoY and 45% quarter-over-quarter to $0.84 in the second quarter of 2019.
Why Harley-Davidson Stock Fell 2% after Its Q1 Earnings Report
Heavyweight motorcycle maker Harley-Davidson (HOG) released its earnings results for the first quarter of 2019 on April 23.
Coca-Cola Stock Rose Due to Revenue Outlook and Q2 Results
On Tuesday, Coca-Cola (KO) stock rose 5.7% as of 10:48 AM ET. The company announced strong second-quarter results and raised its fiscal revenue outlook.
What to Expect From Bristol-Myers Squibb in Q2
Bristol-Myers Squibb will release its second-quarter earnings on Thursday. The revenues will likely rise 7.16% YoY to $6.11 billion in the second quarter.
What Lies Ahead for Steel Stocks After Nucor’s Q2 Miss?
Nucor (NUE), the largest US-based steel producer, released its second-quarter earnings results on Thursday. Here’s what you should know.
Alcoa’s Q2 Earnings Report and Conference Call
On Wednesday, Alcoa (AA) released its second-quarter earnings report after the markets closed. The company reported revenues of $2.71 billion.
Bank of America Posts Mixed Q2 Results Amid Rate Cut Concerns
On Wednesday, Bank of America (BAC) reported mixed second-quarter results. The bank’s profitability beat analysts’ expectation.
ET, EPD, and KMI: Analysts’ Views and Target Prices
According to analysts’ estimates, Energy Transfer (ET) stock has a median target price of $21.24—compared to its current market price of $14.82.
Domino’s Stock Falls on Weak Q2 Sales
Lower-than-expected Q2 sales caused Domino’s stock to fall approximately 7.0% in today’s pre-market trading.
Cannabis Outlook From OrganiGram’s Earnings Report
On Monday, OrganiGram (OGI) reported its third-quarter earnings. Following the company’s earnings, we reported how it performed in the third quarter. To learn more, read OrganiGram’s Third-Quarter Earnings. Form factors Interestingly, OrganiGram stressed that the growth would be heavily driven by retail stores opening in Ontario and Quebec. The company stated that legalizing edibles and […]
Netflix Earnings Forecasts and the Wider Streaming Space
With Q2’s Netflix earnings just around the corner, here’s what you can expect from the online streaming giant and the broader streaming space.
Phillips 66 Stock, SPY, and USGC WTI 3-2-1 Crack Returns
Phillips 66 is expected to post its second-quarter earnings on July 26. Since June 7, the implied volatility has declined by 0.8 percentage points.
PepsiCo’s Q2 Results Impressed Investors
PepsiCo’s Q2 results impressed investors once again. The company’s Q2 revenue grew 2.2% to $16.45 billion and was slightly ahead of analysts’ forecast of $16.43 billion.
What Drove McCormick’s Flavor Solutions Segment?
McCormick’s (MKC) flavor solutions segment’s sales increased 1.0% on a year-over-year basis to $0.54 billion.
How General Mills’ Segments Performed in Q4
In fiscal 2019’s fourth quarter, General Mills’ (GIS) North American Retail net sales fell 2% YoY (year-over-year) to $2.34 billion, and organic sales fell 2% due to lower pricing.
Will Constellation Brands Stock Rise on Q1 Results?
Constellation Brands (STZ) plans to announce its results for the first quarter of fiscal 2020 on June 28. Constellation Brands stock has risen 14.4% since the start of this year. Analysts expect the company’s adjusted EPS to decline 6.8% to $2.05 in the first quarter.
Kroger’s Valuation Compared to Its Peers
As of June 21, Kroger (KR) was trading at a 12-month forward PE ratio of 9.9x. The company’s forward valuation multiple has fallen 5.4% since its first-quarter results on June 20.
The Key Drivers behind Lululemon’s Q1 Revenue Growth
Lululemon (LULU) generated revenue of $782.32 million in the first quarter of fiscal 2019, which ended on May 5. The company’s first-quarter revenue came in way ahead of analysts’ expectation of $755.31 million, up grew 20.4% on a year-over-year basis. Here’s why.
Lululemon’s Growth Streak Continues in the First Quarter
Lululemon (LULU) impressed investors with upbeat results for the first quarter of fiscal 2019. The athletic apparel company announced its first-quarter results after the financial markets closed on June 12, and the stock rose 5.3% in after-market hours trading.
Emerging Markets: Medtronic’s Key Revenue Driver in 2019
In the fourth quarter, Medtronic earned revenue of $4.28 billion in the US market, a YoY (year-over-year) rise of 2.3% on a reported and constant-currency basis.
Analysts Expect NIO to Outperform TSLA, TCEHY, BIDU, and BABA
According to the latest consensus data compiled by Thomson Reuters, six out of a total of 12 analysts covering NIO (NIO) recommended a “buy” for the stock.
What Dragged Kohl’s Sales Down in the First Quarter?
After six consecutive quarters of same-store sales growth, Kohl’s (KSS) disappointed investors by reporting a 3.4% decline in its same-store sales in the first quarter of fiscal 2019, which ended on May 4.
Same-Day Delivery Services Drove Target’s Digital Sales
Target’s (TGT) digital sales continued to grow at a brisk pace driven by the expansion of its e-commerce platform.
A Look at Autodesk’s Revenue and Earnings Growth
Autodesk’s (ADSK) sales declined at a compound annual growth rate (or CAGR) of 2.5% between fiscal 2014 and fiscal 2018.
A Look at the Key Revenue Drivers for Autodesk in 2020 and Beyond
Autodesk (ADSK) reported strong revenue growth in fiscal 2019.
What Were Cisco’s Revenue Drivers in Q3?
Cisco Systems’ (CSCO) revenue of $12.96 billion exceeded analysts’ expectation by 0.5% in the third quarter of fiscal 2019.
How Is Cisco Stock Performing Compared to Its Peers?
Cisco Systems stock soared 6.7% on May 16 after it posted upbeat results for the third quarter of fiscal 2019.
Will Nordstrom’s First-Quarter Results Help Its Stock Recover?
Nordstrom (JWN) plans to announce its results for the first quarter of fiscal 2019 after the financial markets close on May 21.
What Drove Revenue for Cisco’s Infrastructure Platform in Q3?
Cisco’s (CSCO) Infrastructure Platform segment is the company’s largest business segment in terms of revenue.
Cisco Stock Rises after Better-than-Expected Earnings and Revenue
Hardware networking giant Cisco (CSCO) announced its third quarter of fiscal 2019 results on May 15.
What to Expect from Walmart’s Q1 Results
Walmart (WMT) is scheduled to announce its first-quarter results on May 16. Analysts expect Walmart’s net sales to improve.
What’s Affecting Disney’s Revenue?
The Walt Disney Company’s (DIS) revenue of $14.92 billion exceeded the expectation of $14.36 billion in the second quarter of fiscal 2019.
Disney Beat Q2 Earnings Estimates but Fell from the Previous Year
The Walt Disney Company (DIS) reported adjusted EPS of $1.61 in the first quarter, exceeding analysts’ consensus expectation of $1.58.
TripAdvisor’s Monthly Unique Visitors Fell in the First Quarter
TripAdvisor’s (TRIP) average monthly unique visitors fell 5% YoY to 411 million users in the first quarter due to its hotel marketing optimization initiatives.
BHC’s Salix Segment: Xifaxan Drove Its Revenues in Q1
In the first quarter, Bausch Health Companies (BHC) reported revenues of $445 million for its Salix segment.
A Look at Cisco’s Earnings and Revenue Growth
Cisco (CSCO) is a giant in the hardware networking space. It’s a leader in the switching, routing, applications, and security markets.
Yum! Outperforms Analysts’ Same-Store Sales Growth Estimates
Yum! Brands (YUM) posted overall SSSG (same-store sales growth) of 4.0% in the first quarter of 2019, outperforming analysts’ estimate of 2.7%.
Why Yum! Brands’ Revenue Fell in the First Quarter
Yum! Brands reported revenue of $1.25 billion in the first quarter of 2019, which represented a fall of 8.5% from $1.56 billion in the first quarter of 2018.
How Square Fared in the First Quarter
Payments company Square (SQ) reported its first-quarter 2019 results on Wednesday, May 1.
Why Did Frontier’s Customer Churn Rate Increase in Q1?
Frontier Communications (FTR) has been making efforts to retain its customers and maintain a lower churn rate in a highly competitive telecommunications sector.
Spotify’s Average Revenue per User Continues to Decline
Spotify’s (SPOT) average revenue per user (or ARPU) has been declining over the past several quarters.
What Will Drive Wendy’s Revenue in Q1 2019?
Analysts expect Wendy’s (WEN) to post adjusted EPS of $399.5 million in the first quarter of 2019, a rise of 5.0% from its $380.6 million in the first quarter of 2018.