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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

Cigna stock gains, as profit and revenue rise above expectations

Shares of Cigna Corp. gained 0.5% in premarket trading Friday, after the health services company reported first-quarter profit and revenue that rose above expectations, as total customer r.....»»

Category: topSource: marketwatchMay 7th, 2021

Colgate-Palmolive stock gains after profit, sales top expectations

Shares of Colgate-Palmolive Co. edged up 0.2% in premarket trading Friday, after the oral, person and home care and pet nutrition company reported first-quarter profit and sales that topped expectations and provided an in-line full-year outlook. .....»»

Category: topSource: marketwatchApr 30th, 2021

Raytheon"s stock gains after profit beat and upbeat outlook, but revenue came up a little short

Shares of Raytheon Technologies Corp. edged up 0.6% in premarket trading Tuesday, after the aerospace and defense contractor reported a first-quarter profit that beat expectations, and provided an upbeat outlook, while revenue came up a little short. The.....»»

Category: topSource: marketwatchApr 27th, 2021

Regions Financial stock gains after profit, revenue rise above expectations, but NII comes up shy

Shares of Regions Financial Corp. rose 0.4% in premarket trading Friday, after the Alabama-based regional bank reported first-quarter profit and revenue that rose abo.....»»

Category: topSource: marketwatchApr 23rd, 2021

Dow"s stock rises after profit and sales beats, as prices increased across all businesses

Shares of Dow Inc. rose 1.0% in premarket trading Thursday, after the materials science company reported first-quarter profit and sales that rose above expectations, helped by price gains across all op.....»»

Category: topSource: marketwatchApr 22nd, 2021

Target stock rallies after sales rise more than expected, boosted by traffic and average ticket gains

Shares of Target Corp. rallied 1.8% in premarket trading Tuesday, after the discount retail giant reported fiscal fourth-quarter profit and sales that rose above expectations, boosted by .....»»

Category: topSource: marketwatchMar 2nd, 2021

: Global Payments stock gains after profit beat, Google partnership announcement

Shares of Global Payments Inc. were up 2.9% in premarket trading Monday after the financial technology company beat profit expectations for its latest quarter while also announcing a partnership with Alphabet Inc.'s Google......»»

Category: personnelSource: nytFeb 8th, 2021

US stocks are facing a perfect alignment of conditions that will help monstrous earnings growth translate into sizable share gains, according to a Wall Street chief strategist

Periods with historically low Treasury yields and strong earnings tend to drive the biggest market gains, strategist James Paulsen said. Stan Honda/AFP/Getty Images Expectations for strong profit growth amid low yields in 2021 should se.....»»

Category: topSource: businessinsiderFeb 6th, 2021

Philip Morris beats profit and revenue expectations, stock gains

Shares of Philip Morris International Inc. edged up 0.4% in premarket trading Thursday, after the cigarette maker reported fourth-quarter profit and revenue that beat expectations, as strength in heated tobacco volume helped offset declines in cigarette.....»»

Category: topSource: marketwatchFeb 4th, 2021

Bank of America"s stock slips after profit beat expectations but revenue falls shy

Shares of Bank of America Corp. slipped 0.2% in premarket trading Tuesday, erasing earlier gains, after the bank reported a fourth-quarter profit that beat expectations but revenue that fell short, as .....»»

Category: topSource: marketwatchJan 19th, 2021

Cintas stock gains after profit, revenue beat expectations

Shares of.....»»

Category: topSource: marketwatchDec 22nd, 2020

DuPont"s stock gains after swinging to loss but adjusted profit, sales beat expectations

Shares of DuPont de Nemours Inc. rose 1.0% in premarket trading Tuesday, after the materials and ingredients company reported a first-quarter adjusted profit and sales that topped expectations, .....»»

Category: topSource: marketwatchMay 5th, 2020

Diamondback Energy stock gains after company beats profit views

Diamondback Energy Inc. shares rallied in the extended session Monday after the oil and gas producer reported an adjusted first-quarter profit above Wall Street expectations and said it would cur.....»»

Category: topSource: marketwatchMay 4th, 2020

Performance Food"s stock gains after adjusted profit beat expectations, while revenue missed

Shares of Performance Food Group Co. rose 2.2% in premarket trading Monday, after the foodservice distribution company reported a fiscal third-quarter adjusted profit that was well abo.....»»

Category: topSource: marketwatchMay 4th, 2020

Kraft Heinz"s stock gains after profit and revenue beats, helped by increased demand related to COVID-19

Shares of Kraft Heinz Co. rose 1.3% in premarket trading Thursday, after the food and beverage company beat profit and sales expectations, helped by increased consumer demand related to the COVID-19 pand.....»»

Category: topSource: marketwatchApr 30th, 2020

Merck"s stock gains after profit and sales beat, but outlook is downbeat

Shares of Merck & Co. Inc. rose 1% in premarket trading Tuesday, after the drug giant reported first-quarter profit and sales that beat expectations, but provided a downbeat full-year outlook. Net income rose to $3.22 billio.....»»

Category: topSource: marketwatchApr 28th, 2020

Edwards Lifesciences expects COVID-19 to subtract half a billion dollars from sales, stock gains

Edwards Lifesciences Corp. announced Thursday that sales and profit for the first quarter came in higher than expectations despite COVID-19, sending shares higher even while detailing the financial hit the pandemic will have on its fina.....»»

Category: topSource: marketwatchApr 23rd, 2020

J.P. Morgan Chase misses profit, revenue expectations but beats on NII; stock gains

Shares of J.P. Morgan Chase & Co. rose 0.8% in premarket trading, after the banking giant reported first-quarter profit and revenue that missed expectations, hurt by the COVID-19 pandemic, but beat on net interest income and saw strong grow.....»»

Category: topSource: marketwatchApr 14th, 2020

Paychex tops profit expectations while revenue matches; stock gains ground

Shares of Paychex Inc. rose 0.7% in premarket trading Wednesday, after the human resources services company reported a fiscal third-quarter profit that topped expectations, but revenue that matched and provided .....»»

Category: topSource: marketwatchMar 25th, 2020

Keysight stock gains after fiscal Q1 sales, profit beat

Shares of Keysight Technologies Inc. rose more than 6% in the extended session Monday after the maker of electronics test and measurement equipment and software reported fiscal first-quarter profit and sales above Wall Street expectations. K.....»»

Category: topSource: marketwatchFeb 24th, 2020