Earnings

FedEx reported fiscal third-quarter earnings and revenue Tuesday that beat analysts’ expectations. Here’s how the company did compared with what Wall Street expected: EPS: $3.72 vs. $3.11, according to Thomson Reuters Revenue: $16.52 billion vs. $16.16 billion, according to Thomson Reuters In the year ago quarter, FedEx reported earnings of $2.30 a share on $15
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Oracle stock fell as much as 4 percent on Monday immediately after the company released mixed results for the third quarter of its 2018 fiscal year, which ended on February 28. The stock tumbled lower after executives issued guidance. * Earnings: Excluding certain items, 83 cents per share vs. 72 cents expected by analysts, according
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American Eagle Outfitters‘ sales at established stores topped analysts’ estimates for the holiday shopping quarter, helped by robust demand for its Aerie line of lingerie. The company’s comparable sales rose 8 percent in the fourth quarter ended Feb. 3, beating analysts’ average estimate of a 7.34 percent rise, according to Thomson Reuters I/B/E/S. Net income
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Kroger on Thursday reported fourth-quarter earnings in-line with analysts’ estimates but issued a disappointing profit outlook for 2018. Its shares plummeted more than 11 percent in early trading following the news. Net income for the fourth quarter totaled $854 million, or 96 cents a share, compared with $506 million, or 53 cents a share, a
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Salesforce stock rose 2 percent shortly after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on Jan. 31, after the bell on Wednesday. Here’s how the company did: Earnings: Excluding certain items, 35 cents in earnings per share vs. 33 cents as expected by analysts, according to
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Cybersecurity company Palo Alto Networks’ quarterly revenue and profit topped Wall Street estimates and the company gave an upbeat third-quarter forecast, helped by better-than-expected growth in its product business. The company’s shares rose 5.1 percent to $178 after the bell on Monday. Revenue in the company’s product business, which includes firewall protection software Panorama, rose
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Shares of Fitbit plunged as much as 12 percent in pre-market trading Tuesday — a day after a disappointing quarterly report. Shares shed as much as 15 percent in extended trading Monday. The wearable technology company lost 2 cents per share on revenue of $571 million in the fourth quarter. Analysts polled by Thomson Reuters
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Warren Buffett’s Berkshire Hathaway on Saturday reported a record quarterly and annual profit, benefiting from a lower U.S. corporate income tax rate. Fourth-quarter net income increased roughly fivefold to $32.55 billion, or $19,790 per Class A share, from $6.29 billion, or $3,823 per share, a year earlier. Quarterly operating profit for the Omaha, Nebraska-based conglomerate
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