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Slashed profit expectations may set stage for gains

There could well be a silver lining in all the caution around the stock market as the earnings season approaches: Shares do way better when profit expectations have fallen, and lately, they've been falling like a rock......»»

Category: topSource: reutersJan 11th, 2019

TE Connectivity"s stock gains, as profit beat helps offset downbeat outlook

Shares of TE Connectivity Ltd. rose 1.2% in morning trade, after the maker of connectivity and sensors products reported fiscal first-quarter earnings that beat expectations, although the outlook was downbeat. Net income rose .....»»

Category: topSource: marketwatchOct 31st, 2018

Earnings Results: Facebook stock seesaws after earnings beat, but gains after forecast isn’t as scary

Facebook Inc. beat Wall Street expectations for profit Tuesday, despite numerous public-relations crises over the past several months and a forecast that led to a record drop for shares three months ago......»»

Category: topSource: marketwatchOct 30th, 2018

Bank of America"s lagging loan growth overshadows profit gains

Bank of America Corp's loan growth lagged rivals and fees from advising on deals and underwriting bonds fell in the third quarter, sending its share price 1.7 lower even as profit beat expectations......»»

Category: topSource: reutersOct 15th, 2018

JPMorgan Earnings Feast on Higher Interest Rates, Lower Taxes

JPMorgan reported quarterly results Friday morning that beat analysts expectations for both per-share earnings and revenues. Higher interest income and lower taxes drove most of the profit gains......»»

Category: blogSource: 247wallstOct 12th, 2018

Pepsi-parent PepsiCo"s stock gains after profit and revenue rise above expectations

Shares of PepsiCo Inc. gained 0.5% in premarket trade Tuesday, after the beverage and .....»»

Category: topSource: marketwatchOct 2nd, 2018

Pepsi stock gains after profit and revenue rise above expectations

Shares of PepsiCo Inc. gained 0.5% in premarket trade Tuesday, after the beverage and .....»»

Category: topSource: marketwatchOct 2nd, 2018

Sprint gains postpaid subscribers

Sprint surprised Wall Street with a surge in the number of postpaid wireless subcribers - double analysts' expectations. As Fred Katayama reports, profit fell but also beat estimates......»»

Category: videoSource: reutersAug 1st, 2018

GE beats diminished profit expectations, trims cash flow target

U.S. industrial conglomerate General Electric Co reported a smaller-than-expected drop in quarterly profit on Friday as weakness in power and renewables energy offset gains in its aviation, oil and gas and healthcare units......»»

Category: topSource: reutersJul 20th, 2018

Micron earnings show continued gains, but stock dips

Micron Technology Inc. beat earnings expectations as profit and revenue continued to grow quickly in a report issued Wednesday afternoon, but shares still declined slightly in after-hours trading. Micron reported third-quarter ne.....»»

Category: topSource: marketwatchJun 20th, 2018

Demand drives gains in sales, profits at Tech Data

Sales jumped 22 percent and profit was up 10 percent during the first quarter of the fiscal year at Tech Data Corp. The topline growth and operating results exceeded expectations, said Bob Dutkowsky, chairman and CEO at Tech Data (NASDAQ: TECD), based i.....»»

Category: topSource: bizjournalsMay 31st, 2018

P&G"s stock gains after profit and sales rise, top expectations

Shares of Procter & Gamble Co. rose 0.7% in premarket trade Thur.....»»

Category: topSource: marketwatchApr 19th, 2018

JPMorgan profit just below estimates on weak investment banking

(Reuters) - JPMorgan Chase & Co's quarterly profit fell short of Wall Street expectations on Friday as lower revenue from investment banking ate into gains from stock trading and higher interest rates......»»

Category: topSource: reutersApr 13th, 2018

JPMorgan profit just below forecast on weak investment banking

(Reuters) - JPMorgan Chase & Co's quarterly profit fell short of Wall Street expectations on Friday as lower revenue from investment banking ate into gains from U.S. corporate tax changes and higher interest rates......»»

Category: topSource: reutersApr 13th, 2018

Delta"s gains after profit and sales beat expectations

Shares of Delta Air Lines Inc. rose 0.6% in premarket trade Thursday, after the air carrier beat first-quarter profit and sales expectations, but provided a somewhat downbeat revenue grow.....»»

Category: topSource: marketwatchApr 12th, 2018

UBS posts $690 million fourth-quarter pre-tax earnings, missing expectations

UBS on Tuesday posted a $690 million fourth-quarter pre-tax profit, hit by a slowdown in its flagship wealth management business and weaker earnings in its investment bank......»»

Category: topSource: reuters41 min. ago

One week in, here"s what we"ve learned from earnings season

Profit reports have been surprisingly strong compared to analyst expectations. Or at least they aren't as bad as feared......»»

Category: topSource: moneycentralJan 20th, 2019

"The Gift That Keeps On Giving" - Trader Warns Market Gains "Just Too Easy"

With stocks set for their 4th weekly gain in a row - despite tumbling earnings expectations and macro data... Questions remain as to what (or who) is behind this extreme rebound... But, as former fund manager and FX trader Richard Breslow note.....»»

Category: blogSource: zerohedgeJan 18th, 2019

Nautilus stock plummets after profit and revenue outlook is well-below expectations

Shares Nautilus Inc. plummeted 42% toward a more-than 5-year low in premarket trade Friday, after the fitness company provided a fourth-quarter outlook that was well be.....»»

Category: topSource: marketwatchJan 18th, 2019

The Wall Street Journal: Apple supplier Nidec slashes profit forecast on weak demand from China

Nidec Corp., a bellwether for the global economy as a supplier of components for Apple Inc. smartphones and other consumer products, slashed its earnings forecast and blamed the U.S.-China trade conflict for a sharp slowdown in Chinese demand......»»

Category: topSource: marketwatchJan 17th, 2019

American Express swings to profit, narrowly misses revenue expectations

Shares of American Express Co. fell more than 2% in.....»»

Category: topSource: marketwatchJan 17th, 2019