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This list tracks the largest earnings misses for companies recently reporting earnings. This list is produced daily using the real-time earnings results reported by Selerity and limited to the top 30 stocks that meet the criteria.
Retailers continue to report first-quarter earnings, with 43 retailers so far mentioning tariffs during their Q1 earnings calls. Meanwhile, most of the big-name department stores registered negative same store sales, with the exception of Macy's and Dillard's. Jharonne Martis, Director of Consumer Research at Refinitiv, joins the Final Round to discuss
Best Buy and L Brands both reporting solid numbers and same-store sales beating estimates. This comes as tariffs weigh on big retails like Best Buy as they await how it'll impact their prices and the wider retail sector. Mary Epner, Principal at Mary Epner Retail Analysis joins Yahoo Finance's Seana Smith.
Stock futures: The China trade war smashed the stock market Thursday. Boeing rose late on 737 Max hopes. Autodesk and Splunk were key earnings movers.
The enterprise hardware maker mixed results for its fiscal second-quarter. Why one Wall Street analyst thinks it’s time for the company to consider an acquisition.
Check out the companies making headlines after the bell:Shares of HP Inc. HPQ rose more than 1% in extended trading after the software company reported second-quarter earnings that beat expectations. The company reported earnings of 53 cents per share on revenue of $14.
Autodesk (ADSK) delivered earnings and revenue surprises of -4.26% and -0.71%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Autodesk, a maker of computer-aided design software, late Thursday missed Wall Street's targets for its fiscal first quarter. The Autodesk earnings news drove its stock lower in late trades.
Autodesk missed on earnings and revenue for the quarter. Autodesk ADSK shares fell more than 9% in extended trading on Thursday after the company, whose design software is used in the construction and entertainment industries, reported lower-than-expected revenue and profit in the fiscal first quarter. Autodesk's revenue grew 31% in the quarter, the company said .
Shares of Autodesk Inc. fell more than 6% in the extended session Thursday after the software company reported a surprise first-quarter loss and revenue that fell short of Wall Street views. Autodesk said it lost $24 million, or 11 cents a share, in the quarter, compared with a loss of $82 million, or 38 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 45 cents a share, compared with 6 cents a share a year ago. Revenue rose 31% to $735 million, the company said. Analysts polled by FactSet had expected GAAP profit of 12 cents a share on sales of $741 million. Autodesk shares had ended the regular trading day down 2.6%.
U.S. stocks slumped on Thursday as investors dumped shares of companies in growth and cyclical sectors, with energy and technology leading declines, on fears that the escalating U.S.-China trade war would stymie global economic growth. Among S&P 500 sectors, only utilities and real estate, both considered defensive areas, registered gains as investors moved to safe-haven assets such as Treasuries. Stocks pared losses in the last hour of trading, but Wall Street's major indexes all ended more than 1% lower.
SAN RAFAEL, Calif. (AP) _ Autodesk Inc. (ADSK) on Thursday reported a loss of $24.2 million in its fiscal first quarter. The results fell short of Wall Street expectations. For the current quarter ending in August, Autodesk expects its per-share earnings to range from 59 cents to 63 cents.
One of the best tools for winning in retail in 2019 is a good omnichannel strategy. But nothing can save you if you’re selling fashion that isn’t to customers’ tastes.
Shares of Lowe's Companies Inc. (LOW) tumbled 11.85% to $97.94 on Wednesday after missing consensus estimates on non-GAAP earnings for the first quarter of fiscal 2019 by 11 cents. It posted $1.22 per diluted share, a 2.5% increase from the prior-year quarter. Warning! GuruFocus has detected 2 Warning Signs with LOW.
shares were plummeting on Thursday after the storage hardware and software giant shared disappointing results and quarterly guidance that were blamed on several factors. At the same time, NetApp did issue a somewhat better full-year outlook -- an outlook that its CEO says is attainable with the help of sales team changes and larger contributions from high-growth businesses. On Wednesday afternoon, NetApp reported April quarter (fiscal fourth quarter) revenue of $1.59 billion (up 4% annually) and non-GAAP EPS of $1.22, missing consensus analyst estimates of $1.64 billion and $1.26, respectively. For the whole of fiscal 2020 (it ends in April 2020), NetApp is guiding for revenue to grow at the low end of "[a] mid-single-digit range." In addition, CFO Ron Pasek said on NetApp's earnings call that the company is "committed to delivering low-teens EPS growth" before accounting for the impact of new stock buybacks, and that it has recently "conducted workforce realignments." Relative to the company's reported fiscal 2019 numbers, pre-earnings consensus estimates implied 4% revenue growth and 11% EPS growth.
Investing.com - Autodesk (NASDAQ:ADSK) reported first quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.
Let's see if investors should buy Lululemon stock heading into its first-quarter fiscal 2019 earnings results?
NetApp stock was sliding in the wake of disappointing quarterly results and weak guidance that suggest lingering problems around data center sales.