Earnings

Source: Hewlett Packard Enterprise New server racks in the Hewlett Packard Enterprise Executive Briefing Center feature the new branding. Hewlett Packard Enterprise reported a better-than-expected quarterly profit and raised its full-year earnings forecast on Tuesday, helped by higher demand for its servers, storage and networking equipment. The company, created in 2015 from the breakup of
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Andrew Harrer | Bloomberg | Getty Images William Rhodes III, chief executive officer of AutoZone Inc., waits to begin a listening session with U.S. President Donald Trump, not pictured, Retail Industry Leaders Association, and member company chief executive officers in the Roosevelt Room of the White House in Washington, D.C. AutoZone’s Rhodes noted the changes
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TJX reported better-than-expected quarterly same-store sales on Tuesday, as deep discounts brought more bargain hunters into its T.J. Maxx and Marshalls apparel stores. Online shopping has taken a toll on traditional brick-and-mortar stores but TJX, unlike other retailers, has not seen huge cuts in inventory and store closures. TJX does not advertise brands. It instead
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Three of Cisco’s four product categories surpassed estimates, though. The most important, the Infrastructure Platforms segment, which includes data-center networking switches, had $7.16 billion in revenue, above the FactSet consensus estimate of $7.14 billion, StreetAccount said. Cisco “continues to achieve success” in selling its Catalyst 9000 switches, and the fact that they require customers to
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The world’s largest steelmaker ArcelorMittal said the outlook for 2018 had improved after a sharp pick-up in steel prices and increased iron ore shipments helped it deliver higher-than-expected first-quarter earnings on Friday. The group did not give a specific forecast for its own prospects but repeated that it saw 2018 global apparent steel consumption, which
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Thomson Reuters on Friday reported slightly higher-than-expected first-quarter sales and earnings, and forecast low-single-digit growth in 2018 revenue in its remaining business. The news and information company announced earlier this year that it is selling a majority stake of its financial & risk unit to private-equity firm Blackstone. Thomson Reuters reported quarterly revenue of $1.38
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Dropbox stock fluctuated and then gradually fell after it reported better-than-expected first quarter results in its first earnings report as a public company on Thursday. Earnings: Excluding certain items, 8 cents per share vs. 5 cents per share as expected by analysts, according to Thomson Reuters. Revenue: $316.3 million vs. $309.2 million as expected by
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Twenty-First Century Fox said Wednesday its cable business posted its “highest earnings ever” in the fiscal third quarter. Executive chairmen Rupert and Lachlan Murdoch said in a statement that double-digit growth in domestic affiliate revenue helped drive strength in its cable division. Fox’s cable unit reported revenue of $4.42 billion, topping a StreetAccount consensus estimate
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Shares of Roku popped in extended trading Wednesday after the company reported better-than-expected first-quarter financial results. The stock price was up about 1.5 percent when the report was released after the bell, following a pre-earnings rally of nearly 9 percent in the regular trading session. Here’s what Roku reported: Loss per share: 7 cents, excluding
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Roku on Wednesday afternoon releases its third quarterly earnings statement as a public company, and the options market is implying it expects something unique: relatively little. Stacey Gilbert, head of derivative strategy at Susquehanna, told CNBC’s “Trading Nation” that shares of the streaming technology company, which have plunged 36 percent this year, are expected to
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Caterpillar may have tainted the entire earnings season for industrial companies with one line, according to CNBC’s Jim Cramer, and now the company is trying to walk it back. Caterpillar’s management on Tuesday sought to clarify last month’s now-infamous “high-water mark” comment — made by CFO Bradley Halverson on the heavy equipment maker’s first-quarter earnings
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Alibaba reported better than expected topline results on Friday, driven by strong sales in its commerce and cloud computing units, even as margins were squeezed by a flurry of investments. The company’s March-quarter revenue grew 61 percent to 61.9 billion yuan ($9.73 billion) from a year earlier, beating analyst estimates of a 53 percent increase.
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