Earnings

Hewlett Packard Enterprise shares skyrocketed as much as 19 percent on Thursday after the company reported first quarter financial results that blasted past analysts’ expectations on top and bottom lines. Here’s how the company did compared with what Wall Street expected: EPS: 34 cents vs. 22 cents expected according to Thomson Reuters Revenue: $7.67 billion
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The Cheesecake Factory on Wednesday reported fourth-quarter earnings of $57.7 million. On a per-share basis, the Calabasas Hills, California-based company said it had profit of $1.24. Earnings, adjusted for pretax gains, were 53 cents per share. The results met Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was also
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Roku shares plunged 18 percent Thursday, a day after the maker of digital streaming devices provided a revenue estimate that trailed analysts’ estimates. Roku said sales in the first quarter will be $120 million to $130 million, falling short of the $131.7 million average estimate of analysts surveyed by Thomson Reuters. Here’s what Roku reported
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Domino’s Pizza on Tuesday reported fourth-quarter same-store sales that missed estimates,fueling worries that the delivery chain’s sales could be weakening and sending shares lower in morning trading. Investors also assessed a report by Brazil Journal, citing people with knowledge of the matter, that said Restaurant Brands International is putting together a bid to buy Domino’s.
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Largest U.S. standalone medical device maker Medtronic reported a third-quarter profit in-line with analysts’ estimates, as sales across all its units, except the minimally invasive therapies business, grew. Sales in its cardiac and vascular unit which sells defibrillators, pace-makers, heart valves and stents jumped 10 percent to $2.8 billion, accounting for nearly 40 percent of
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Home Depot on Tuesday reported fourth-quarter earnings and sales that topped Wall Street’s expectations, as more shoppers flocked to its stores and spent more per trip. The home improvement retailer’s stock was climbing around 1 percent Tuesday morning on the news. Here’s what Home Depot reported compared with what analysts were expecting, based on a
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Kraft Heinz’s quarterly revenue missed analysts’ expectations on Friday on weakening demand from retailers in the United States for processed foods such as peanuts and cheese. The company, which owns brands such as Velveeta cheese and Heinz ketchup, said net sales inched up 0.3 percent to $6.88 billion in the fourth quarter ended Dec. 30.
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Coca-Cola beat analysts’ expectations on the top and bottom lines on Friday, as bets on new launches like Coke Zero helped counter shifts away from its core beverages. Here’s how the company did compared with expectations in a survey of analysts by Thomson Reuters: EPS: 39 cents vs. the expected 38 cents. Revenue: $7.51 billion
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Shares of Shake Shack whipsawed after the closing bell on Thursday after the company posted better-than-expected fourth-quarter earnings, but provided cautious sales guidance. The stock was up as much as 5.3 percent before it turned negative, slipping 4 percent. The sudden stock downturn was likely the result of the company providing weaker revenue and same-store
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CBS reported fourth-quarter earnings and revenue that beat analysts’ expectations on Thursday. Here’s how the company did compared with what Wall Street expected: EPS: $1.20 vs. $1.14 expected according to Thomson Reuters Revenue: $3.92 billion vs. $3.70 billion expected according to Thomson Reuters Entertainment revenue: $2.82 billion vs. $2.59 billion expected by StreetAccount Cable networks
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U.S. oilfield services company Halliburton’s first-quarter earnings will be reduced by 10 cents per share due to delays in deliveries of sand used in fracking, Chief Financial Officer Christopher Weber said on Thursday. Halliburton’s shares fell 2.5 percent after Weber’s comments during a webcast presentation at the Credit Suisse Energy Summit. Shale drillers blast sand
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Cisco on Wednesday saw its stock jump 6 percent after the company reported better than expected earnings for its fiscal second quarter, which ended on Jan. 27. Earnings: 63 cents per share, vs. 59 cents per share as expected by analysts, according to Thomson Reuters. Revenue: $11.89 billion, vs. $11.81 billion as expected by analysts,
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Adriano Machado | Reuters The chief executive of Uber Technologies, Dara Khosrowshahi. Uber has just revealed its fourth-quarter financial results, which show that the ride-hailing company’s loss jumped 61 percent in 2017. The company lost $4.5 billion last year, up from $2.8 billion in 2016, according to figures first reported by The Information and confirmed
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Shares of Blue Apron spiked 9 percent on Tuesday after the company posted smaller-than-expected fourth-quarter loss on the back of operational improvements at its fulfillment center in New Jersey. The company said its net loss narrowed to $39.1 million, or 20 cents per share, narrower than the loss of $26.07 million, or down 39 cents
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Under Armour shares soared more than 17 percent Tuesday morning after the company reported sales that topped analysts’ expectations, fueled largely by growth outside of North America. Under Armour said total revenue in the fourth quarter climbed 5 percent to $1.37 billion. Analysts were expecting $1.31 billion, according to a Thomson Reuters survey. Sales in
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