Tag Archives: earnings

The world’s largest multichannel video game retailer GameStop is expected to report its fiscal second-quarter loss of -$0.67 per share, an improvement from a loss of -$1.40 per share seen in the same period a year ago. The Grapevine, Texas-based company would post year-over-year revenue growth of about 20% year-on-year to around $1.1 billion. EPS estimates have been exceeded twice in the last four quarters. GameStop Corp. will report second-quarter fiscal 2021 earnings results after the… Source link

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But when you pick a company that is really flourishing, you can make more than 100%. For instance, the price of Yandex N.V. (NASDAQ:YNDX) stock is up an impressive 254% over the last five years. And in the last month, the share price has gained 15%. We note that Yandex reported its financial results recently; luckily, you can catch up on the latest revenue and profit… Source link

Video communications giant Zoom (ZM) reported its fiscal Q2 2022 earnings after the bell on Monday, beating analysts’ expectations on the top and bottom line. But the company’s growth has slowed as businesses and schools reopen.  The company’s stock was down over 10% in after-hours trading. Here are the most important numbers from the report compared to what Wall Street expected of the company, as compiled by Bloomberg. The company also issued guidance for the third quarter that fell just… Source link

(Bloomberg) — Peloton Interactive Inc. tumbled Friday after delivering a disappointing sales outlook, the latest setback in a year marked by product recalls and waning consumer interest. The at-home fitness company disclosed other unwelcome news in its earnings report late Thursday, including that it’s cutting the price of its most popular bike, a move aimed at broadening its customer base but one that will also hurt its bottom line this year. Peloton also said it found a problem with the… Source link

A month has gone by since the last earnings report for Yandex (YNDX Quick QuoteYNDX – Free Report) . Shares have added about 2.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Yandex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at its most recent earnings report in order to get a better handle on the… Source link

HP Inc. (HPQ) reported better than expected fiscal third quarter earnings on Thursday evening, powered by a tight grip on costs in each of its business segments.  Third quarter sales at HP’s personal systems were unchanged versus a year ago. Sales for the printing segment rose 24% from a year ago. Operating profit margins in the personal systems segment rose 290 basis points from the prior year, and gained 540 basis points in the printing business. Here is how HP performed versus Wall… Source link

By this point in the COVID-19 pandemic, Best Buy was supposed to be headed back to the days of Best Buy of old — reasonable levels of sales and earnings growth as people bought tech gear only when really needed or around a cool product launch.  But that hasn’t happened, actually quite the contrary.  With work life likely changed forever because of the pandemic — at the very least well into 2022 judging by pushed out return-to-office dates from the likes of Apple and others — Best Buy… Source link

Stock futures opened slightly higher Thursday evening as investors considered the latest batch of earnings and economic data and continued to contemplate the path forward for monetary policy.  Contracts on the S&P 500 edged up. Earlier, the index narrowly eked out its first positive trading session in three days. Technology stocks led the way higher, and the Nasdaq outperformed.  Traders this week have watched a number of market concerns unfold, with infections related to the Delta variant… Source link

Target (TGT) delivered solid results for the second quarter and joins a select few retailers — namely rival Walmart — in saying the COVID-19 Delta variant hasn’t led to a marked sales slowdown for the all-important back-to-school shopping season even as consumer confidence has begun to wane. “While the current environment remains volatile, our results over the last 18 months have proven conclusively that our team and operating model can seamlessly adapt to changes in the environment, and… Source link

Stocks fell on Tuesday, with the major indexes pulling back from record levels amid a mixed batch of earnings results from major retailers. A closely watched monthly report on retail sales also missed estimates, pointing to a bigger-than-expected deceleration in consumer spending. The S&P 500 declined after closing at an all-time high by the end of Monday’s session. That marked the index’s fifth consecutive record close. The Dow and Nasdaq also traded lower. Shares of Dow component Walmart ( Source link