Tag Archives: earnings

Nike’s stock is shaping up to be a slam dunk in investors’ portfolios for the foreseeable future after a blowout earnings report Thursday evening sent shares soaring, most analysts contend.  “[Nike] shares should rise another 50% from here,” said Jefferies analyst Randal Konik in a research note to clients. Konik rates Nike as his top pick with a $200 price target.  Added Konik, “Nike is one of the best brands on the planet, the global consumer is very strong, the company is furthering its… Source link

The meme stock army is showing its support for the OG of the 2021 retail trading movement — GameStop (GME) — ahead of the company’s earnings on Wednesday evening. Shares of GameStop rose as much as 6% to $292 in afternoon trading on Tuesday as fast-money traders positioned themselves prior to the earnings release. GameStop was among the top five most commented stocks on social media, according to data from social monitoring service HypeEquity. Talk on social media of call options on… Source link

One month has passed since the last revenue report for Yandex (YNDX). Stocks have risen about 0.3% over that time frame, ahead of the S & P 500. Will the recent positive trends continue until the next earnings announcement, or will Yandex withdraw? To better understand the key factors before jumping into the recent investor and analyst reaction. Let’s take a quick look at the latest earnings report. Yandex First Quarter Revenue Forecast Mistake Yandex reported adjusted earnings per share… Source link

A month has gone by since the last earnings report for Yandex (YNDX). Shares have added about 0.3% 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 important drivers. Yandex’s Q1 Earnings Miss Estimates Yandex… Source link

A month has gone by since the last earnings report for Yandex (YNDX Quick QuoteYNDX – Free Report) . Shares have added about 0.3% 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 important… Source link

The New York Times Mayor Accused of Fraud Has New Problem: Drug Charges for Her Husband The husband of the mayor of Rochester, New York, was arrested Wednesday after police said they discovered drugs and guns in searches of his car and home, the latest crisis for the mayor in a year continually whipsawed by scandal. Mayor Lovely Warren’s husband, Timothy Granison, 42, was accused of being part of a midlevel cocaine trafficking ring and charged Thursday with drug and gun possession in what… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, May 18, 2021 The stock market is entering a new phase Investors right now are faced with a simple question: how much?  How much do they want to pay for earnings growth that continues to blow away expectations but might also be peaking.  Back in early April, my Morning Brief collaborator Sam Ro highlighted the most important chart for… Source link

Coinbase (COIN), the largest cryptocurrency exchange in the U.S., missed analysts’ expectations on the top and bottom line in its Q1 2021 earnings report, its first ever as a public company. Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, in New York’s Times Square, April 14, 2021. (AP Photo/Richard Drew) The company’s stock was down more than 3% following the announcement. “Our strong Q1 2021 results reflect the strength… Source link

Shares of online betting platform DraftKings () were down nearly 7% at market close on Friday after first-quarter financial results that reported a wider than expected loss and higher expenses .  But DraftKings CEO and co-founder Jason Robins struck an optimistic tone when speaking to Yahoo Finance Live on Friday, noting the company beat estimates on earnings per share and raised its full-year guidance by 16% amid increased enthusiasm for sports betting. “We’re seeing nothing in the data to… Source link

Uber (UBER) reported its Q1 2021 earnings after the closing bell on Wednesday, beating analysts’ expectations on the strength of its delivery business. Here are the most important numbers Wall Street is looking for from the report versus how the ride-hailing company performed in the same quarter last year. Gross bookings: $19.54 billion versus $18.07 billion expected Ride gross bookings: $6.8 billion versus $6.6 billion expected Delivery gross bookings: $12.5 billion versus $10.7 billion… Source link