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Tag: Earnings 2019
Intel's revenue is benefitting from the rush to build data centers like those operated by Google Cloud, Facebook, and Amazon's AWS.
"While we are pleased with these results, we have important work ahead of us," said Rite Aid CEO Heyward Donigan,
FedEx also shifted its full-year earnings estimate lower, citing a greater shift to costly home deliveries.
Dick’s Sporting Goods jumps 13% after beating earnings expectations and raising its full-year profit outlook
"As we head into the holiday season, we remain very enthusiastic about our business," said CEO Ed Stack in a press release.
"The late arrival of cold weather, continued soft international tourism" led to sales declines at the department store, said Macy's CEO Jeff Gennette.
"Our third quarter results are further proof of the durability of our strategy," said Target CEO Brian Cornell.
Lowe's will close 34 under-performing Canadian locations and restructure its Canadian corporate operations to "more efficiently serve stores."
The retail chain is boosting investment to "fuel growth and customer acquisition" during the holiday season, CEO Michelle Gass said in the report.
S&P 500 earnings are projected to beat estimates by 2% for the period, according to Bank of America Merrill Lynch.
Roku's stock price has skyrocketed more than 290% this year thanks to several quarters of better-than-expected earnings.