Earnings

Under Armour shares initially jumped more than 5 percent on Tuesday after the athletic apparel maker reported better-than-expected fourth-quarter earnings and sales. The sneaker maker earned 9 cents a share on an adjusted basis, topping expectations of 4 cents, based on a poll by Refinitiv. Sales during the quarter were $1.39 billion, again ahead of
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Twitter is expected to report its fourth quarter 2018 earnings before the bell on Thursday. Here are the numbers analysts are expecting: Earnings per share: 25 cents expected, per Refinitiv consensus estimate Revenue: $868.1 million expected, per Refinitiv consensus estimate Monthly active users (MAUs), excluding SMS users: 321.1 million expected, according to FactSet consensus Investors
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Skechers stock rocketed 16 percent higher in premarket trading after the shoemaker gave strong profit guidance for the quarter ahead while reporting better-than-expected fourth-quarter earnings Thursday evening. “2018 was a year of record sales—our first fourth quarter of over a billion dollars and, combined with three previous record quarters, a new annual sales record of
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Shares of Dunkin’ Brands dropped more than 4 percent during pre-market trading Thursday after the company reported flat same-store sales growth for the fourth-quarter, saying it was focused on rolling out espresso drinks as part of a long-term strategy to attract more coffee drinkers. Dunkin’ re-launched its espresso, which is used in drinks like cappuccinos
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Alphabet appears to have spooked investors with its fourth-quarter earnings report Monday. The stock shed 3 percent immediately after the report and opened in negative territory Tuesday. Shares were barely in the red in early trading, despite overall market gains. The company beat Wall Street expectations on both earnings and revenue. The figures aren’t comparable
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Independent research firm Bespoke Investment has uncovered an earnings trend that hasn’t happened since the bull market started. According to its co-founder Paul Hickey, companies are seeing their strongest stock price performances on the days they’re reporting earnings in a decade. “The average return of companies reporting earnings so far this earnings season has been
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Clorox shares jumped 5 percent before the bell Monday after it reported second-quarter profits that topped Wall Street’s expectations and reaffirmed its 2019 outlook. The consumer goods maker posted adjusted earnings per share of $1.40, beating consensus projections of $1.30. It posted 4 percent sales growth in the second quarter, bringing revenues for the three
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Alphabet is set to report fourth-quarter earnings Monday. Investors will want to see strong advertising numbers amid threats from Amazon and rising costs to doing business. Google, which makes up the vast majority of Alphabet’s business, is increasingly seeing Amazon encroach into its core advdertising business. Revenue in Amazon’s “Other” category — which the company
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Amazon’s cloud-computing division said revenue jumped 45 percent in the fourth quarter, as the company continued to cement its lead over Microsoft and Google. Sales at Amazon Web Services climbed to $7.43 billion from $5.11 billion a year ago, topping the $7.29 billion consensus estimate among analysts polled by FactSet. AWS revenue represented 10 percent
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Antivirus software maker Symantec shares rose in extended trade on Thursday after beating profit and revenue estimates in the December quarter and raising guidance on strong enterprise and consumer businesses. The company also announced that its Chief Financial Officer Nicholas Noviello will be stepping down to pursue other opportunities, following a slew of key executive
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General Electric shares soared to their best day in a decade following the Thursday’s fourth-quarter earnings report but J.P. Morgan analyst Stephen Tusa remained unconvinced by GE’s results. “We come away from the 4Q scratching our heads at the stock reaction,” Tusa said in a note to investors. “We believe one has to make highly
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Despite the scandals and controversies, Facebook analysts agree on one thing: the social media giant keeps growing with no sign of slowing down. Analysts also agree that by all metrics, the company exceeded expectations posting strong fourth quarter numbers after the bell on Wednesday. Analysts pointed out that advertisers continue to spend money on the
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Celgene, which is being bought by Bristol-Myers Squibb, reported a better-than-expected fourth-quarter profit on Thursday, driven mainly by higher sales of psoriasis drug Otezla. Bristol-Myers agreed to buy Celgene for about $74 billion earlier this month, a deal that will expand its pipeline of cancer drugs as the company goes head-to-head against rival Merck &
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After a barrage of mostly negative headlines in recent months, Facebook reports after the bell Wednesday. Despite the headwinds, analysts remain mostly bullish that the social media titan looks strong heading into the report where they’ll be watching for key metrics on ad revenue, privacy, and messenger integration. Facebook has come under tremendous pressure from
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Intel will report its fourth-quarter earnings after market close on Thursday. Executives will discuss the results with analysts at 5 p.m. Eastern time. Here are the numbers to follow: Earnings: $1.22 per share as expected by analysts, excluding certain items, according to Refinitiv. Revenue: $19.01 billion as expected by analysts, according to Refinitiv. While the
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Colgate-Palmolive forecast a surprise fall in 2019 profit on Friday, as the world’s largest toothpaste maker spent more on advertising, while battling higher commodity costs. The company’s share fell 3 percent to 60.4 before the bell. Colgate is spending more on advertising as it battles competition from brands such as Procter & Gamble’s Oral-B and
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