Home Tags Earnings 2019

Tag: Earnings 2019

Intel CEO Bob Swan

Intel surges 8% on an earnings beat and better-than-expected forecast

Intel's revenue is benefitting from the rush to build data centers like those operated by Google Cloud, Facebook, and Amazon's AWS.
Willy Churchill leaves a Rite Aid store in Oakland, California.

Rite Aid skyrockets 50% on blockbuster earnings, its biggest jump in 10 years

"While we are pleased with these results, we have important work ahead of us," said Rite Aid CEO Heyward Donigan,
Handlers place letters and envelopes into cartons at the Marina Del Rey, California FedEx station

FedEx burns $3.5 billion in market value after a brutal earnings report

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.

Macy’s slips after slashed profit forecast adds to holiday-season jitters

"The late arrival of cold weather, continued soft international tourism" led to sales declines at the department store, said Macy's CEO Jeff Gennette.

Target soars 12% after crushing earnings and raising its full-year profit outlook

"Our third quarter results are further proof of the durability of our strategy," said Target CEO Brian Cornell.

Lowe’s jumps after announcing plans to revamp its underperforming Canadian operations

Lowe's will close 34 under-performing Canadian locations and restructure its Canadian corporate operations to "more efficiently serve stores."

Kohl’s plummets after slashing its profit forecast for the 2nd time this year

The retail chain is boosting investment to "fuel growth and customer acquisition" during the holiday season, CEO Michelle Gass said in the report.

Here are the 5 biggest winners and losers of earnings season

S&P 500 earnings are projected to beat estimates by 2% for the period, according to Bank of America Merrill Lynch.

Wall Street jumps to Roku’s defense after shares tumble on disappointing earnings

Roku's stock price has skyrocketed more than 290% this year thanks to several quarters of better-than-expected earnings.