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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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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Tapestry blamed falling tourist spending and a slowing global economy for a cut in its forecast for full-year adjusted profit on Thursday, as it reported disappointing holiday numbers and a fall in sales at Kate Spade handbags. Shares of the New York-based fashion house fell 12 percent to $34.53 in early trading after it said
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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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Video game stocks are getting killed Wednesday after two of the top companies in the space reported quarterly earnings. Shares of EA were trading roughly 15 percent down ahead of the market open Wednesday, a day after the company cited “intense competition” in the space as contributing to a revenue miss for its fiscal third
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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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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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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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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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Amazon is reporting its all-important fourth-quarter earnings on Thursday after the bell. The fourth-quarter is typically the largest for Amazon because it includes the holiday shopping season. Investors remain bullish on the quarter, but will be paying close attention to the top line, as revenue fell short of expectations in the last two quarters. Here’s
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The last two times Amazon has reported quarterly results, revenue has fallen short of expectations. Now investors are facing the prospects of slowing growth at the e-commerce giant. Amazon is slated to announce fourth-quarter earnings after the bell on Thursday. Analysts surveyed by Refinitiv expect the company to report revenue growth of 18.8 percent from
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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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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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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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On Facebook’s last earnings call in October, CEO Mark Zuckerberg spoke excitedly about the company’s growth opportunities in its Stories product, an important segue for investors who were focused on the disappointing revenue and user numbers. “I just think that this is the future,” Zuckerberg told analysts after the report. “The opportunity will be even
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