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Nordstrom Shares Take Dive, 5 Analysts Blame 'Cautious Consumer' For 2024 Outlook
Wednesday, March 6, 2024 - 12:34pm | 611Shares of Nordstrom Inc (NYSE: JWN) tanked in early trading on Wednesday, even after the company reported upbeat fourth-quarter sales and earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Telsey Advisory Group analyst Dana Telsey...
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Why This Revolve Group Analyst Is Turning Bullish
Wednesday, January 17, 2024 - 12:59pm | 311Shares of Revolve Group Inc (NYSE: RVLV) have lost almost 19% over the past month. The company is poised for gross margin expansion, driven by more controlled inventory and likely stabilization or nominal improvements in return rates, according to Piper Sandler. The Revolve Group Analyst: Edward...
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3 Of 4 Birkenstock Analysts Are Bullish: What Does BofA Securities Expect From Shoemaker?
Monday, November 6, 2023 - 12:04pm | 525Shares of Birkenstock Holding PLC (NYSE: BIRK) climbed more than 6% last week, after the IPO in mid-October. Here’s a look at analysts who recently initiated coverage of the stock. Telsey Advisory Group analyst Dana Telsey initiated coverage with an Outperform rating and a price target of $...
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5 Uber Analysts Hail Q4 Revenue Beat, Omicron Rebound
Thursday, February 10, 2022 - 4:50pm | 490Uber Technologies Inc (NYES: UBER) reported a fourth-quarter sales beat Wednesday and said business is bouncing back from the omicron outbreak. Uber reported a fourth-quarter adjusted EPS loss of 26 cents on revenue of $5.78 billion. Both numbers exceeded consensus analyst estimates of a 35-cent...
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Lyft Stock Bounces After Q4 Earnings: 5 Top Analysts React To Revenue Beat, Rider Miss
Wednesday, February 9, 2022 - 2:14pm | 543LYFT Inc (NASDAQ: LYFT) shares traded higher by 2.7% on Wednesday after the company reported a fourth-quarter revenue beat despite disappointing rider growth. Lyft reported fourth-quarter adjusted EPS of 9 cents on revenue of $970 million, Both numbers topped the consensus analyst estimate of...
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Stitch Fix Stock Tumbles After Q1 Earnings: Analysts React To Subscriber Miss, Guidance Cut
Wednesday, December 8, 2021 - 5:08pm | 445Stitch Fix Inc (NASDAQ: SFIX) shares dropped 22.8% on Wednesday after the company slashed its full-year revenue guidance. On Tuesday, Stitch Fix reported a fiscal first-quarter adjusted EPS loss of 2 cents, beating consensus analyst estimates of a 14-cent loss. First-quarter revenue of $581 million...
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Nordstrom Analysts Break Down Q3 Earnings: 'Ongoing Market Share Loss'
Wednesday, November 24, 2021 - 1:29pm | 534Nordstrom, Inc. (NYSE: JWN) shares plunged on Wednesday after the company reported a third-quarter earnings miss driven by rising labor costs. Nordstrom reported third-quarter adjusted EPS of 39 cents, missing analyst estimates of 56 cents. Revenue for the quarter was $3.64 billion, beating analyst...
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Walmart Analysts Break Down Q3 Earnings: 'Well-Positioned To Gain Market Share'
Wednesday, November 17, 2021 - 2:25pm | 491Walmart Inc (NYSE: WMT) shares traded mostly flat on Wednesday after the discount retailer reported better-than-expected earnings and said it's well-positioned for the holiday shopping season despite supply chain disruptions. Walmart reported third-quarter adjusted EPS of $1.45 on revenue of $...
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6 Peloton Analysts Break Down Q1 Earnings: 'Not The Year We Envisioned'
Friday, November 5, 2021 - 4:05pm | 605Peloton Interactive Inc (NASDAQ: PTON) shares dropped 35% Friday after the company reported a wider-than-expected loss and aggressively cut its full-year guidance. Peloton reported a fiscal first-quarter EPS loss of $1.25 on revenue of $805.2 million. Both numbers fell short of consensus...
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Etsy Stock Rises After Q3 Earnings: 3 Analysts React To Resilient Non-Mask GMS Growth
Thursday, November 4, 2021 - 4:03pm | 390Etsy Inc (NASDAQ: ETSY) shares jumped 15% on Thursday after the company reported resilient sales growth in a post-COVID-19 pandemic world. Etsy reported third-quarter adjusted EPS of 62 cents on $532.4 million in revenue. Both numbers topped consensus analyst estimates of 54 cents and $518.9...
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Zillow Stock Sinks After Q3 Earnings: 7 Analysts React To iBuying Shutdown
Wednesday, November 3, 2021 - 3:45pm | 720Zillow Group Inc (NASDAQ: Z) shares plunged 24.5% on Wednesday after the company reported an unexpected third-quarter loss and said it will be winding down its homebuying business. Zillow reported a third-quarter adjusted EPS loss of 95 cents on revenue of $1.74 billion. Both numbers missed...
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6 Lyft Analysts Break Down Q3 Earnings: 'We Think Uber Should Benefit'
Wednesday, November 3, 2021 - 1:31pm | 677LYFT Inc (NASDAQ: LYFT) shares traded higher by 8.8% and Uber Technologies Inc (NASDAQ: UBER) gained 6.8% Wednesday after Lyft reported third-quarter earnings and revenue beats and said driver shortages are easing. Lyft reported third-quarter adjusted EPS of 5 cents on revenue of $864.4 million....
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Amazon Analysts Break Down Q3 Earnings: 'Would Be Buyers On Weakness'
Friday, October 29, 2021 - 4:40pm | 756Amazon.com, Inc. (NASDAQ: AMZN) shares dropped 2.9% on Friday after the company reported an ugly earnings miss and disappointing guidance. Amazon reported third-quarter adjusted EPS of $6.12 on revenue of $110.8 billion. Both numbers missed consensus analyst estimates of $8.92 and $111.6 billion,...
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eBay Stock Sinks After Q3 Earnings: 3 Analysts React To Soft International GMV
Thursday, October 28, 2021 - 4:15pm | 374Shares of eBay Inc (NASDAQ: EBAY) dropped 6.7% on Thursday after the company reported strong growth in key verticals but disappointed the market with soft international sales. On Wednesday, eBay reported third-quarter adjusted EPS of 90 cents on revenue of $2.5 billion. Both numbers topped...
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7 Peloton Analysts Break Down Q4 Earnings: 'Signs Of Softening Demand, Increasing Costs'
Friday, August 27, 2021 - 12:48pm | 712Peloton Interactive Inc (NASDAQ: PTON) shares dropped 8.3% on Friday morning after the home exercise company reported a sharp drop in revenue growth. On Thursday, Peloton reported a fiscal fourth-quarter adjusted EPS loss of $1.05, much larger than the 45-cent loss analysts were expecting. Revenue...