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Starbucks Q3 Earnings Preview: Estimates, Analyst Price Targets And Key Items To Watch
Tuesday, August 1, 2023 - 11:01am | 657Coffee giant Starbucks Corporation (NASDAQ: SBUX) is set to report third-quarter (Q3) financial results after market close Tuesday. Here is a look at earnings estimates, analyst price targets, and several key items on the minds of investors and analysts. Earnings Estimates: Analysts expect...
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Advance Auto Parts Q1 Earnings: Initial Takeaways Of 3 Top Analysts
Tuesday, May 24, 2022 - 1:44pm | 493Advance Auto Parts, Inc. (NYSE: AAP) reported fiscal first-quarter revenues and earnings of $3.37 billion and $3.57 per share, respectively, marginally missing Street expectations on both metrics. Wells Fargo On Advance Auto Parts: Analyst Zachary Fadem maintained an Equal Weight rating for the...
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Why These 4 Analysts Cut Carvana's Price Target
Sunday, April 24, 2022 - 10:13am | 493Carvana Co (NYSE: CVNA) last Wednesday reported disappointing first-quarter results. BofA Securities: Analyst Nat Schindler maintained a Buy rating on the company while reducing the price target from $277 to $225. “Omicron remained a headwind in 1Q, pressuring production and logistics...
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Why Wayfair Shares Are Moving Lower Today
Thursday, April 7, 2022 - 8:43am | 277Wayfair Inc (NYSE: W) shares are trading lower Thursday after Wells Fargo analyst Zachary Fadem downgraded the stock from an Equal-Weight rating to an Underweight rating and lowered the price target from $110 to $100. Following a series of recent checks, the Wells Fargo analyst ...
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Why RH Stock Is Trading Higher Today
Thursday, June 10, 2021 - 9:53am | 263RH (NYSE: RH) is trading higher Thursday morning after the company reported better-than-expected financial results. What Happened: RH reported first-quarter earnings of $4.89 per share, which beat the estimate of $4.07 per share. The company reported quarterly revenue of $860.8 million, which...
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Bed Bath & Beyond Hope: Can The Struggling Retailer Turn It Around Soon?
Thursday, January 9, 2020 - 2:00pm | 645Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares continued to free fall on Thursday after a dismal third-quarter report. The results split sell-side analysts, with some convinced a new CEO will get the housewares chain turned around, but others warning they're still waiting for signs the...
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Analysts Furnish Portfolios With RH After Beat-And-Raise Quarter
Thursday, December 5, 2019 - 12:01pm | 764Restoration Hardware Holdings (NYSE: RH) surged Thursday after reporting its third consecutive bottom-line beat and raise. “To management’s credit, this is becoming a common theme, as earnings have surprised to the upside multiple times this year,” Raymond James analysts...
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At Home Wrecked: Analysts Break Down Retailer's Disastrous Forecast
Thursday, December 5, 2019 - 10:14am | 768At Home Group Inc (NYSE: HOME) beat top- and bottom-line third-quarter estimates but disappointed analysts with a guidance cut. The store has reduced pricing on Christmas and everyday merchandise as the holiday season rolls slowly. “We expect shares to be weak on the news, but believe...
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Best Buy Soars On Q3 Earnings Beat, But Tariffs Remain A Concern
Wednesday, November 27, 2019 - 12:55pm | 761Best Buy Co Inc (NYSE: BBY) shares hit a 52-week high Tuesday after reporting a third-quarter earnings beat. Tariffs At Front Of Mind For Best Buy Analysts High-quality growth is priced into Best Buy shares, as investors are “increasingly willing to pay a premium” for the...
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Sell-Side Is Constructive On Lowe's After Q3 Earnings Beat
Thursday, November 21, 2019 - 2:14pm | 588Lowe's Companies, Inc. (NYSE: LOW) continues to put up strong margins even on below-expected sales, and the U.S. picture for home improvement is good and likely to improve into next year, sell-side analysts said. Lowe's put up a strong third-quarter earnings beat on Wednesday and raised...
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Home Depot Fix Up Is Coming: Analysts Not As Bearish As Investors After Sales Miss
Wednesday, November 20, 2019 - 11:38am | 623Home Depot Inc (NYSE: HD) shares were dropping again on Wednesday, continuing a sell-off that followed a revenue miss, disappointing same-store sales and a downward revision to guidance. But several sell-side analysts said underlying trends point to a sales rebound, adding the company should see a...
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Bed Bath & Beyond Analysts React To Q2 Print, Same-Store Sales Miss
Thursday, October 3, 2019 - 2:54pm | 890Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares were volatile Thursday in the wake of the retailer's second-quarter same-store sales miss. Credit Suisse analyst Seth Sigman said the second-quarter results were weak and point to a company still undergoing a transition. “The quarter...
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Analysts Agree: Nothing To Restore With RH Stock
Wednesday, September 11, 2019 - 12:29pm | 726Luxury lifestyle retailer of home goods RH (NYSE: RH) reported second-quarter results that came in above management's own pre-announcement in July. BofA: Another Beat And Raise RH reported a typical beat and raise quarter as results were "much stronger" than expected, Bank of America...
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Lowe's Has Self-Help Comeback, Boosts Hopes For Rest Of The Year
Thursday, August 22, 2019 - 12:01pm | 767Lowe's Companies Inc (NYSE: LOW) had a comeback quarter that left analysts optimistic about the rest of the year as the home improvement chain tries to catch up to rival Home Depot Inc. (NYSE: HD). Lowe’s beat analysts’ earnings estimates by 14 cents and won praise for strong...
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Home Depot Core Strength Goes On Despite Cheaper Lumber, Bad Weather And China
Wednesday, August 21, 2019 - 11:10am | 524Home Depot Inc (NYSE: HD) rode a continuing strong home improvement market to a solid quarter, keeping analysts upbeat, but watching China and interest rates. Home Depot’s second-quarter earnings beat Street expectations with margins and share repurchases giving it a boost, mitigating low...