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Nike Shares Crash 15% In Pre-Market Amid Missed Q4 Expectations And Potential 'Headwinds' Next Year
Friday, June 28, 2024 - 6:29am | 464Shares of Nike Inc. (NYSE:NKE) experienced a 15% drop during Friday’s pre-market trading. This followed the company’s announcement of its fourth quarter revenues on Thursday, which fell short of expectations. What Happened: Nike’s fourth-quarter revenue was $12.6 billion, a 2%...
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UBS Beats Q4 Earnings Estimates, Announces $1B Share Buyback Amid Credit Suisse Integration
Tuesday, February 6, 2024 - 3:34am | 576UBS Group AG (NYSE:UBS) on Tuesday announced a share buyback of up to $1 billion, following a better-than-expected fourth-quarter performance, despite ongoing challenges related to the integration of Credit Suisse. What Happened: UBS reported a net loss of $279 million for the quarter, attributed...
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Tesla, Netflix, Intel Take Center Stage In Pivotal Q4 Earnings Week As S&P 500 Eyes Breaking New Highs
Monday, January 22, 2024 - 6:00am | 1934The earnings season is gaining momentum as the tech reporting season kicks off this week. With the S&P 500 Index reaching a new high on Friday, investors are keenly watching earnings reports to sustain the market’s upward momentum. Mixed Q4 Earnings So Far About 10% of the S...
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Ahead Of Roku's Q4 Results, Analyst Identifies 3 Things Investors Should Watch: 'Struggle To See A Profitability Inflection'
Tuesday, February 14, 2023 - 7:18am | 522Roku Inc. (NASDAQ: ROKU) is scheduled to report its quarterly results on Wednesday, after the market close. Analysts, on average, expect a loss of $1.73 per share, reversing from a profit of $0.17 per share and a 7% revenue decline to $804.19 million. An analyst at KeyBanc Capital Markets...
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Target Earnings Report- Not So Much About Earnings But About Consumer Behavior
Wednesday, March 4, 2020 - 12:39pm | 811Target Corporation (NYSE: TGT) shares started 2019 with a value around $66 and finished the year with a share price around $128, almost passing the bar of $130 around Christmas. This investors' fate in Target was based on good results in sales and profitability segment. The reason for...
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ATSG Gains In Q4 On Strength Of E-Commerce, Military Customers
Wednesday, March 4, 2020 - 10:05am | 775Air Transport Services Group (NASDAQ: ATSG) reported fourth-quarter adjusted pretax earnings increased $28.1 million, or 29%, to $124.3 million, ahead of analysts' expectations, on the strength of its aircraft leasing and contract air transport divisions. ATSG's fourth-quarter revenue topped $403...
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Retail Snapshot – Can This Week Make a Difference?
Tuesday, March 3, 2020 - 11:02am | 901This week's earnings reports will give us some more info and data to digest last week's market drop. But without some major players' announcements, it seems improbable that this week will shift the market back up. Nevertheless, this week's reports will help the investors feel the...
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Great Quarter For Tankers Coincides With Stock-Market Rout
Thursday, February 27, 2020 - 3:47pm | 980Pity the public tanker owners. After years of suffering through terrible freight markets, they finally have a breakout quarter to boast about — and just as they do so, the broader stock market is crashing around them on coronavirus fears. "It has actually felt like a bit of a horror movie at times...
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Railcar Depression Evident In FreightCar America's 4Q Results
Thursday, February 27, 2020 - 2:54pm | 833A sputtering industrial economy along with precision scheduled railroading (PSR) initiatives, which are designed to improve asset utilization and drive other efficiencies, have significantly impaired demand for railcars, sending a significant number of railcars into storage. These fundamentals...
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SmileDirectClub Shares Tank As Company Reports Q4 Earnings Miss
Tuesday, February 25, 2020 - 10:41pm | 307Shares of SmileDirectClub Inc. (NASDAQ: SDC) plunged in the after-hours session on Tuesday as the teledentistry company missed analyst expectations for the fourth quarter. What Happened SmileDirectClub reported a net loss of $97 million for the quarter that ended in December, even as the net...
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Restored Biodiesel Blender Credit Boosts TravelCenters Of America Q4 Profits
Tuesday, February 25, 2020 - 11:46am | 343TravelCenters of America Inc. (NASDAQ: TA) reported higher fourth-quarter net income Tuesday from the restoration of the federal biodiesel blending tax credit and selling 5.3% more diesel fuel and gasoline. The operator of travel centers in 44 states and Canada reported a 1.4% increase in non-fuel...
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Earnings To The Rescue? HP, Macy's, Home Depot All Report Solid Results, Providing Lift
Tuesday, February 25, 2020 - 10:52am | 2315Anyone hoping for a quick comeback from the worst session in two years could be in for disappointment. Things seem to be on more solid footing to start Tuesday amid a host of decent earnings news, but several stocks got downgraded and the virus showed no signs of slowing down. Some of the...
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BNSF's Fourth-Quarter And Annual Profits Rise
Monday, February 24, 2020 - 4:53pm | 837A reduction in operating expenses helped Western U.S. railroad BNSF achieve a 4% increase in fourth-quarter net profit and a 5% increase in annual net profit despite lower revenues on both a quarterly and annual basis. Fourth-quarter net income totaled $1.42 billion, compared with $1.37 billion...
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Cannabis Countdown: Top 10 Marijuana Stock News Stories Of The Week
Monday, February 24, 2020 - 9:55am | 1877Cannabis Countdown: Top 10 Marijuana Stock News Stories of the Week Welcome to the Cannabis Countdown. In this week’s rendition, we’ll recap and countdown the top 10 Marijuana Stock News stories for the week of February 17th – 23rd, 2020. Without further ado, let’s...
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TripAdvisor Exceeds Estimates In Q4 2019
Friday, February 21, 2020 - 3:07pm | 780TripAdvisor, Inc. (NASDAQ: TRIP), a popular travel guide and research website, had two main questions on its agenda during Thursday's earnings call. One addressed the impact of the coronavirus outbreak and the other was regarding the competition. Although traveling to Asia does not make a large...