Earnings

Lowe’s reported second-quarter earnings that beat Wall Street’s estimates, sending its share surging by more than 7% in premarket trading. Here’s how the company did, compared with what Wall Street was expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: $2.15, vs. $2.01 estimated Revenue: $20.99 billion, vs. $20.94 billion estimated Same store sales:
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Back-to-school shopping at a Target store in West Hollywood, California. Joe Scarnici | Getty Images Target‘s second-quarter profit jumped 17%, beating Wall Street estimates and propelling the company to raise its outlook for the rest of the year, the company said Wednesday. CEO Brian Cornell said the company had “outstanding performance” during the first half
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Signage is displayed outside of the Cardinal Health Inc. headquarters in Dublin, Ohio. Ty Wright | Bloomberg | Getty Images Drug distributor Cardinal Health warned on Tuesday that its business could be hurt as it defends itself against several opioid-related lawsuits. Several pharmaceutical wholesale distributors, including Cardinal, have been named as defendants in about 2,500
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Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Nordstrom‘s stock soared by more than 17% after the company released a mixed earnings report that showed weakening sales, but handily beat Wall Street profit estimates.  Here’s how the company did, compared with what Wall Street was expecting, according to Refinitiv
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Elsa Hosk, Adriana Lima, Behati Prinsloo, and Candice Swanepoel pose during the finale of the 2018 Victoria’s Secret Fashion Show at Pier 94 on November 8, 2018 in New York City. Taylor Hill | FilmMagic | Getty Images Lingerie maker Victoria’s Secret dragged on parent company L Brands‘s second-quarter earnings, which topped analysts’ expectations on profit while
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Shoppers arrive at a Home Depot Inc. store in Louisville, Kentucky, U.S., on Monday, Feb. 25, 2019. Luke Sharrett | Bloomberg | Getty Images Home Depot is set to report earnings before the market open on Tuesday. Here’s what analysts are expecting, based on Refinitiv data: Earnings per share, adjusted: $3.08 Revenue: $31.03 billion Same-store
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Nvidia stock rose 7% on Thursday after hours, after the company reported better-than-expected fiscal-second quarter earnings. Here’s what the company reported: Earnings: $1.24 per share, excluding certain items, vs. $1.15 per share as expected by analysts, according to Refinitiv. Revenue: $2.58 billion, vs. $2.54 billion as expected by analysts, according to Refinitiv. Nvidia’s revenue fell
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Macy’s second-quarter earnings fell way below analysts’ expectations, as heavy markdowns used during the spring season to clear unsold merchandise weighed on profits. Macy’s also lowered its profit outlook for the full year and now is expecting to earn between $2.85 and $3.05 a share, down from a range of $3.05 to $3.25. Its shares
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Lyft President John Zimmer (L) and CEO Logan Green during an interview at an IPO event in Los Angeles March 29, 2019. Michael Luciano | CNBC Lyft, the second most popular ride-hailing platform in the U.S., just reported earnings for the quarter ended June 20: Loss per share: $0.68 adjusted, vs an expected loss of
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People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017. Brendan McDermid | Reuters Streaming platform Roku attributed an acceleration in its total revenue growth primarily to growth in advertising as the platform’s monetized
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Pedestrians walk by the American International Group building. Ramin Talaie | Bloomberg | Getty Images Insurer American International Group beat Wall Street estimates for quarterly profit on Wednesday, boosted investment income, sending its shares up 2.7% in extended trading. A strong performance in commercial and personal insurance in regions outside of North America helped the
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A person exits the Viacom offices in New York. Lucas Jackson | Reuters Viacom, the owner of MTV, Comedy Central, and Nickelodeon, beat estimates for quarterly revenue on Thursday, helped by a rare growth in domestic advertising revenue. Net income attributable to Viacom rose to $544 million, or $1.35 per share, in the third quarter
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