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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

Morgan Stanley reports drop in profit, but wealth management gains

Morgan Stanley reported a drop in quarterly profit Thursday, hit by lower market activity amid global trade tensions and expectations for U.S. interest rate cuts......»»

Category: topSource: reutersJul 18th, 2019

Morgan Stanley profit beats on wealth management gains, lower expenses

Morgan Stanley reported a drop in quarterly profit but beat analysts' expectations on gains in its wealth-management business and lower expenses......»»

Category: topSource: reutersJul 18th, 2019

Citigroup just beat analysts’ profit expectations on gains from Tradeweb IPO

Citigroup beat analysts’ expectations on gains from the initial public offering of e.....»»

Category: topSource: usatodayJul 15th, 2019

Samsung Electronics profit guidance beats expectations on one-off gains, outlook weak

Samsung Electronics Co Ltd forecast a steep plunge in its second-quarter operating profit as the U.S.-China trade war wreaks havoc in global chip and smartphone markets, although one-off gains helped it beat analyst expectations......»»

Category: topSource: reutersJul 4th, 2019

Advance Auto Parts stock gains after profit and revenue beat expectations

Shares.....»»

Category: topSource: marketwatchMay 22nd, 2019

Lowe"s stock tumbles after profit missed expectations, full-year guidance slashed

Shares of Lowe's Companies tumbled 10% in premarket trade Wednesday, after the home improvement retailer missed fiscal first-quarter profit expectations and slashed its full-year outlook. Net income for the quarter t.....»»

Category: topSource: marketwatchMay 22nd, 2019

Tencent books record, estimate-busting first-quarter profit, boosted by investment gains

Tencent Holdings Ltd posted record quarterly profit on Wednesday, smashing market expectations, as the social media and gaming giant booked a rise in the value of its investments while fintech and cloud computing make up for declines in games......»»

Category: topSource: reutersMay 15th, 2019

Papa John"s stock gains 5% after pizza chain"s Q1 tops views

Papa John's International Inc. shares rose 5% in the extended session Tuesday after the pizza chain reported adjusted first-quarter profit and sales above Wall Street expectations. Papa John's said it lost $3.8 million, or 12 ce.....»»

Category: topSource: marketwatchMay 7th, 2019

Planet Fitness stock gains 9% after company"s same-store sales rise

Planet Fitness Inc. shares gain more than 9% in the extended session Thursday after the company beat adjusted per-share profit expectations for its fiscal first quarter and its sa.....»»

Category: topSource: marketwatchMay 2nd, 2019

3M’s stock suffers worst day since 1987 stock-market crash

Shares of 3M Co. ring up the biggest one-day decline in over 30 years, after the industrial, health-care and consumer products company missed profit and revenue expectations, slashed its full-year outlook, and said it was cutting 2,000 jobs......»»

Category: topSource: marketwatchApr 28th, 2019

Starbucks stock gains after earnings beat

Starbucks Inc. shares were up 2.6% in after-hours trading Thursday after the company beat earnings expectations and raised its full-year profit forecast. The company reported fiscal second-quarter net income of $663.2 million, or .....»»

Category: topSource: marketwatchApr 25th, 2019

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

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

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

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

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

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