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Thomson Reuters cuts sales outlook, narrowly misses earnings

Thomson Reuters reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday, while cutting its full-year sales outlook due to disruption to the global economy from the coronavirus crisis......»»

Category: topSource: reutersMay 5th, 2020

Coronavirus clouds Intel outlook, despite short-term bump from PC buying

Intel Corp on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it could not make a forecast for the full year because of economic uncertainty caused by the coronavirus pandemic......»»

Category: topSource: reutersApr 23rd, 2020

Wall Street retreats as crude slump batters energy stocks

A slide in energy stocks weighed on Wall Street on Monday as crude prices crashed at the start of a week packed with quarterly earnings reports and economic data likely to underline the damage from the coronavirus outbreak......»»

Category: topSource: reutersApr 20th, 2020

Earnings Results: FedEx sales grow amid coronavirus outbreak, but earnings guidance is pulled

FedEx Corp. shares surged in the extended session Tuesday, after the shipper reported revenue that topped Wall Street estimates for the quarter despite the spread of COVID-19 but suspended its outlook for the year due to uncertainty......»»

Category: topSource: marketwatchMar 18th, 2020

Snap shares plunge 14% on revenue, earnings miss

Snap Inc. shares plunged after the company’s fourth-quarter earnings fell short of Wall Street estimates on Tuesday, momentarily blunting a year-long financial bounce back that had catapulted the past year......»»

Category: topSource: marketwatchFeb 4th, 2020

Virus fears, weak data spark 600-pt Dow plunge

Wall Street had its biggest one-day drop since October, capping off the worst January in four years as coronavirus fears, economic jitters and disappointing earnings fueled investor anxiety. Conway G. Gittens has the market action......»»

Category: videoSource: reutersJan 31st, 2020

The Ratings Game: Zillow stock suffering biggest plunge in six years as host of analysts slash price targets

Zillow shares tumble toward their biggest one-day selloff in nearly six years, as the real estate information marketplace’s disappointing earnings report and outlook prompted a host of Wall Street analysts to slash their price targets......»»

Category: topSource: marketwatchAug 7th, 2018

MKS Instruments stock drops on poor fourth-quarter outlook

MKS Instruments Inc. shares dropped in the extended session Tuesday after the maker of testing equipment for the chip and healthcare tech sectors forecast earnings that fell short of Wall Street estimates. MKS shares shed 12% after hours, f.....»»

Category: topSource: marketwatchOct 23rd, 2018

Wall Street edges lower as global growth fears resurface

U.S. stocks fell on Tuesday, weighed by losses in the industrials and technology sectors, as fears of slowing global economic growth resurfaced after the International Monetary Fund trimmed its outlook in a week of heavy corporate earnings......»»

Category: topSource: reutersJan 22nd, 2019

Johnson & Johnson Q1 Earnings Top Wall Street Estimates On Strong Medical Devices Sales, Drugmaker Boosts Annual Outlook

On Tuesday, Johnson & Johnson (NYSE:JNJ) reported first-quarter adjusted EPS of $2.71, up 12.4% year over year, beat.....»»

Category: worldSource: nytApr 16th, 2024

Earnings Results: Palo Alto Networks stock rises on earnings beat, outlook hike

Palo Alto Networks Inc. shares rose in the extended session Thursday after the cybersecurity company reported results that topped Wall Street estimates and hiked its outlook for the year......»»

Category: topSource: marketwatchMay 20th, 2021

Earnings Results: Cisco stock drops as higher costs amid chip shortage ding earnings outlook

Cisco Systems Inc. shares dropped in the extended session Wednesday as the company's earnings outlook fell short of Wall Street expectations because of higher costs from suppliers amid a global semiconductor shortage......»»

Category: topSource: marketwatchMay 19th, 2021

Walmart hikes profit forecast as stimulus checks boost sales

Walmart Inc. raised its full-year earnings outlook as another batch of stimulus checks propelled same-store sales past Wall Street estimates......»»

Category: topSource: foxnewsMay 18th, 2021

Earnings Results: Activision Blizzard stock rises as ‘Call of Duty’ drives revenue gains

Activision Blizzard Inc. shares rise in the extended session Tuesday after the company's quarterly results and outlook topped Wall Street expectations, driven by its "Call of Duty" franchise......»»

Category: topSource: marketwatchMay 4th, 2021

Blowout earnings won’t guarantee stock bounce

Blockbuster earnings results may not power the stock market to new highs like many investors are hoping, says one Wall Street bank......»»

Category: topSource: foxnewsApr 13th, 2021

Earnings Results: Micron defends ‘disciplined’ capital spending amid chip shortage

Micron Technology Inc. shares rose in the extended session Wednesday after the Boise, Idaho-based chip maker's earnings and outlook topped Wall Street estimates and its CEO defended its capital spending amid a worldwide chip shortage......»»

Category: topSource: marketwatchMar 31st, 2021

Wall Street Analysts Respond To Gamestop Earnings, Stock Plunge

Wall Street Analysts Respond To Gamestop Earnings, Stock Plunge .....»»

Category: personnelSource: nytMar 24th, 2021

Earnings Results: Okta to buy competitor Auth0 for $6.5 billion, stock drops as earnings outlook comes up short

Okta Inc. shares dropped in the extended session Wednesday after the identity-management services company's bottom-line outlook fell well short of Wall Street expectations and as company announced a big acquisition......»»

Category: topSource: marketwatchMar 3rd, 2021

Earnings Results: Marvell stock declines on in-line earnings

Marvell Technology Group Ltd. shares decline after the chip maker’s quarterly earnings meet Wall Street expectations and the company issues an outlook that could potentially disappoint analysts......»»

Category: topSource: marketwatchMar 3rd, 2021

Earnings Results: McAfee stock rises as earnings, outlook top Street view

McAfee Corp. shares rose in the extended session Tuesday after the security software company's quarterly results and outlook exceeded Wall Street expectations......»»

Category: topSource: marketwatchFeb 23rd, 2021