Category: earnings
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China Faces Gloomy Earnings Season Amid Doubts Over Stimulus
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Breadcrumb links BMN Business China’s stimulus campaign came too late and was too small to have a significant impact on full-year corporate earnings, according to analysts, leaving investors bracing for a disappointing earnings season. Article writer: Bloomberg News Bloomberg News Posted on January 16, 2025 • 3 minutes read You…
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Currency Exchange International to Report its 2024 Fourth Quarter and Fiscal Year End Results on January 22, 2025, and Host Earnings Conference Call on January 23, 2025 at 8:30 AM EST
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Article content TORONTO, January 15, 2025 (GLOBE NEWSWIRE) — currencyexchangeinternational,a company(the“a company”)(TSX: CXI;Otcp: Cairn)will announce its financial results for the fourth quarter and the end of the fiscal year 2024 (ending October 31, 2024) after the market close on Wednesday, January 22, 2025. After the release, Currency Exchange International Corp.…
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Ahead of Earnings, Analysts Say ‘Robust’ Costco May See Stock Split
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Lindsay Nicholson/UCG/Universal Images Group/Getty Images Costco Wholesale is scheduled to report earnings after the bell on Thursday as it opens its next fiscal year, with analysts expecting revenue and profits to rise. Most analysts tracked by Visible Alpha have a “buy” rating, but the average price target indicates they think…
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Watch These GameStop Price Levels After ‘Roaring Kitty’ Post Ahead of Earnings Report
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Source: TradingView.com GameStop shares will likely remain in the spotlight on Monday ahead of the video game retailer’s eagerly anticipated earnings report on Tuesday and recent meme-based trading activity. The stock price formed a bullish engulfing pattern after a slight decline in above-average trading volume. Investors should monitor key general…
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HP earnings in line with expectations, CEO says tariffs would hit the consumer
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All eyes are on demand for AI PCs and the HP Inc. CEO’s tariffs. (HPQ) Enrique Lloris entering 2025. “Some of this (potential tariff cost) should go to consumers given our gross margin in the categories. But again, we need to wait and see what the final tariffs are for…
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CrowdStrike Falls After Disappointing Earnings Outlook
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(Bloomberg) — CrowdStrike Holdings Inc. Earnings forecasts were weaker than expected, disappointing investors who were watching for signs that the cybersecurity company had recovered from a faulty update that crashed computers around the world. Most read from Bloomberg Adjusted earnings will range from 84 cents to 86 cents per share…
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CrowdStrike Falls After Disappointing Earnings Outlook
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(Bloomberg) — CrowdStrike Holdings Inc. Earnings forecasts were weaker than expected, disappointing investors who were watching for signs that the cybersecurity company had recovered from a faulty update that crashed computers around the world. Most read from Bloomberg Adjusted earnings will range from 84 cents to 86 cents per share…
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Dow, S&P 500 jump after Nvidia earnings, while Alphabet tumbles
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US stocks whipsawed Thursday as investors digested Nvidia’s (NVDA) earnings and a tumble from Alphabet (GOOG, GOOGL) amid a Department of Justice move to break up its empire. The Dow Jones Industrial Average (^DJI) led the way higher, gaining over 450 points, or about 1.1%. The S&P 500 (^GSPC) gained…
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Nvidia earnings, forecasts top expectations as ‘age of AI is in full steam’
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Nvidia (NVDA) reported third-quarter earnings after the bell on Wednesday that beat expectations on the strength of sales of its high-powered AI chips that are powering what CEO Jensen Huang called the “AI era.” Nvidia, the world’s largest publicly traded company by market capitalization, reported earnings per share (EPS) of…
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Target just had its biggest earnings miss in years — and the stock plummets 21% to a 1-year-low
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the goal (TGT) Price cuts and early holiday promotions don’t quite hit the mark Expected results. Target stock fell more than 21% on Wednesday morning after reporting disappointing results Third quarter earnings. Despite cutting prices on thousands of items and seeing an uptick in customer traffic, shoppers weary of inflation…
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Nvidia stock rises on AI spending, chip deal ahead of earnings
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Nvidia (NVDA) stock rose more than 4% on Tuesday following bullish remarks from Wall Street analysts who pointed to strong demand for chips ahead of its earnings report scheduled Wednesday afternoon. In a client note this week, Stifel analyst Robin Roy raised his price target on Nvidia to $180 from…
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Here are the major earnings after the close today
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November. November 13, 2024 at 10:00 AM ETSaid, CSCO, CIGHP, KLIC, EC, BZH, TTEK, SMSI, DGII, WYY, DRRX, IDN, PVCT, SB, HI, OMER, BDORY, BRFS, AOIFF, AGRO, AEMD, VXRT, TLPH, OTRK, CAPR, ADAP, BOXL , AYTU, GRYP, ECOR, BNGO, SONO, HROW, GOEV, DADA, GWH, SPRU, DLO, NLCP, NUby: Deepa Sarvaiah,…
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Robinhood Posts 165% Revenue Growth In Q3 Earnings Report
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This article is also available in Spanish. Robinhood, the popular American financial services company, is finally out of the woods. In its report for the third quarter ending September 30, 2024, the company revealed its results Revenue increased by 165%The total net deposits since the beginning of the year to…
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Google parent Alphabet Q3 earnings deliver double digit revenue growth
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Alphabet, Google’s parent company, topped Wall Street’s revenue targets Tuesday in third-quarter financial results that showed strong growth in the company’s core businesses. The company said revenue grew 15% to $88.3 billion in the third quarter, exceeding Wall Street targets of $86.3 billion. Meanwhile, Alphabet’s focus on keeping costs under…
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Big Tech earnings preview: slowest growth in 6 quarters
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Slowing earnings growth is removing some of the strength surrounding the tech giants in the stock market as they prepare to report their earnings this week. Whether they can reverse this trend will go a long way in determining whether the rally in stocks can continue. The five largest companies…
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Mercedes car earnings plunge as China shuns luxury
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Written by Andrei Sychev (Reuters) – German luxury automaker Mercedes-Benz said on Friday that third-quarter profits at its core auto division fell 64%, significantly below analyst estimates, as Chinese consumers continued to cut back on purchases of luxury goods in a weak economy. “The third-quarter results do not meet our…
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Boeing strike: contract vote makes earnings day a cliffhanger
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Kelly Ortberg’s first earnings as Boeing CEO gained an element of suspense as workers vote on the same day whether to accept the plane maker’s latest proposal and end a five-week strike. Boeing and the union representing 33,000 striking members have reached a tentative new agreement for a 35% pay…
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Netflix earnings, subscriber growth top estimates as investors eye potential price hikes
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Netflix ( NFLX ) stock rose as much as 5% in after-hours trading on Thursday, as the streaming giant beat third-quarter EPS, revenue and projected sales estimates for the current quarter that came in ahead of Wall Street expectations. Revenue surpassed Bloomberg’s consensus estimate of $9.78 billion to reach $9.83…
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Mercer International Inc. Announces Preliminary Results for the Third Quarter of 2024 and Earnings Conference Call Details
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Oct 16, 2024 • 6 minute…