Earnings

Campbell Soup reported better-than-expected quarterly profit Thursday while sales fell short of expectations and the company announced plans to shed two of its international units and its fresh foods business. Here’s what the company reported versus what Wall Street expected, based on average estimates of analysts polled by Thomson Reuters. Adjusted earnings per share of
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Shares of American Outdoor Brands jumped more than 12 percent after the bell on Thursday after the company reported second quarter earnings that beat Wall Street analysts’ expectations. Here’s how the company did compared with Thomson Reuters consensus estimates: Earnings per share: 21 cents vs. 12 cents expected Revenue: $138.8 million vs. $134.5 million expected
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Shares of Big Lots plunged in premarket trading Friday after the discount retailer reported second-quarter earnings that fell short of Wall Street expectations. The company’s stock dropped more than 10 percent before the opening bell, set to add to its 14.7 percent decline so far this year. The Columbus, Ohio-based company reported quarterly net income
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Dollar General‘s quarterly same-store sales topped analysts’ estimates on Thursday as more customers shopped for apparel and groceries at the discount store chain. Same-store sales rose 3.7 percent in the three months ended Aug. 3, above the 2.83 percent increase estimated by analysts on average, according to Thomson Reuters I/B/E/S. The company’s net income rose
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Box shares dropped as much as 6 percent after the company reported earnings for the second quarter of its 2019 fiscal year and offered slightly weak guidance for the third quarter. Here’s how Box did in its second quarter, which ended July 31: Earnings: Loss of 5 cents per share, excluding certain items, vs. loss
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L Brands, the parent of Victoria’s Secret and Bath & Body Works, on Wednesday lowered its profit outlook, which overshadowed quarterly earnings and revenue that topped analysts’ expectations. The company said it now expects full-year earnings per share between $2.45 and $2.70, down from its previous forecast for earnings per share between $2.70 and $3.
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HP reported better-than-expected fiscal third quarter earnings on Thursday, but the stock dipped in extended trading. Here are the key numbers: Earnings: 52 cents per share, excluding certain items, vs. 51 cents per share as expected by analysts, according to Thomson Reuters. Revenue: $14.59 billion, vs. $14.27 billion as expected by analysts, according to Thomson
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VMware’s second-quarter profit and revenue beat analysts’ estimates on Thursday, helped by strong demand for its cloud-based software services. The company’s services revenue, which accounts for majority of its total revenue, rose about 11 percent to $1.27 billion in the second quarter, in line with estimates. Last month, Dell Technologies said it would pay $21.7
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Alibaba reported mixed fiscal first-quarter earnings on Thursday. Revenue soared 61 percent year over year, boosted by its core e-commerce business and fast-growing cloud division, but earnings fell short expectations. Here’s how the company did, compared to Thomson Reuters consensus estimates: Revenue: 80.92 billion yuan, vs. 80.75 billion yuan expected Adjusted earnings per share: 8.04
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Synopsys reported better-than-expected quarterly results and forecast fourth-quarter above Wall Street estimates on Wednesday, as the maker of chip design software benefits from rising demand from semiconductor clients. The company’s shares rose nearly 5 percent to $99.40 in after-market trading, on track to open at a record high on Thursday. Synopsys, whose clients include Intel
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Lowe’s on Wednesday reported second-quarter earnings and revenue that surpassed analysts’ expectations, but same-store sales fell short and weren’t nearly as strong as rival Home Depot. The North Carolina-based home improvement retailer also announced it will be shuttering all 99 Orchard Supply Hardware stores that it owns by the end of this year as it
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Medical device maker Medtronic posted a better-than-expected quarterly profit on Tuesday, helped by higher sales in its top-selling cardiac and vascular unit, underpinning strength across its businesses. Shares of the Dublin-based company rose 4 percent to $93.50 in premarket trading. The cardiac and vascular unit that makes defibrillators, pace-makers, heart valves and stents raked in
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Kohl’s shares tumbled Tuesday morning despite releasing second-quarter earnings that beat analysts’ profit and sales estimates. The retailer also raised its profit outlook for the year. Kohl’s shares had already climbed more than 111 percent from a year ago, bringing the retailer’s market cap to $13.2 billion. Retail rival Macy’s saw a similar sell-off in
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Nordstrom on Thursday reported earnings and sales for the second quarter that topped analysts’ expectations and also raised its outlook for the full year, citing momentum in its online business and robust traffic at Nordstrom Rack. Its shares soared more than 13 percent in after-hours trading on the news. Nordstrom’s earnings followed mixed results from
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Nvidia stock fell by 6 percent on Thursday after the company reported better-than-expected earnings and lower-than-expected revenue guidance. The company will hold a conference call with analysts at 5:30 p.m. Eastern time. Here are the major numbers: Earnings: $1.76 per share, excluding certain items, vs. $1.66 per share as expected by analysts, according to Thomson
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Deere reported weaker-than-expected earnings on Friday as rising costs take a bite out of the tractor company’s bottom line. Deere posted adjusted earnings per share of $2.59 for its fiscal third quarter. Analysts at Reuters expected a profit of $2.75 per share. CEO Samuel Allen said the company “continued to face cost pressures for raw
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Walmart is set to report second-quarter earnings before the bell on Thursday. Here’s what analysts are expecting, based on a survey by Thomson Reuters: * Earnings per share: $1.22* Revenue: $125.97 billion* Same-store sales: an increase of 2.2 percent Walmart has been focused on bulking up its online platform to compete with its biggest rival,
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JD.com, China’s second largest e-commerce firm, reported a 31.2 percent rise in second-quarter revenue on Thursday, falling short of analysts’ estimates after a worse-than-expected sale season. The firm posted revenue of 122.3 billion yuan ($17.73 billion) for the quarter ended June 30, compared with analysts’ estimate of 122.7 billion yuan according to Thomson Reuters I/B/E/S.
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Macy’s shares tumbled Wednesday morning despite the department store operator reporting quarterly earnings and sales that topped analysts’ expectations and hiking its forecast for the full year. Amid tax reform and strong employment, consumers have been spending more across the U.S. and are expected to do so through this holiday season. However, Macy’s is still
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