Earnings

Matthew Staver | Bloomberg | Getty Images The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Micron Technology shares dropped more than 6 percent during after hours trading Tuesday after the company missed revenue expectations in its quarterly earnings. The company reported $7.91 billion, missing revenue estimates of $8.02 billion. However, it
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Daniel Becerril | AP Employees work at the assembly line of International brand commercial trucks, owned by Navistar, at the manufacturing plant in Escobedo, on the outskirts of Monterrey, Mexico, June 29, 2017. Truck maker Navistar reported better-than-expected quarterly profit and revenue on Tuesday, as strong freight demand helped drive sales of its high-margin heavy-duty
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Toll Brothers beat top and bottom line estimates for its fourth-quarter earnings report. Two of the homebuilder’s key metrics, deliveries and backlog, were at the highest levels in more than a decade. However, first quarter guidance from Toll Brothers was weaker than expected, with a deliveries range that was markedly below Wall Street’s expectation, according
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U.S. luxury home builder Toll Brothers on Tuesday reported its first fall in quarterly orders in more than four years, hit by rising interest rates and higher home prices. Toll’s results are the latest evidence of slowing housing demand, after years of steady recovery following the housing crash of 2007-2008. The company’s shares were down
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Cloud storage provider Box reported a smaller-than-expected quarterly loss as it added more customers, and forecast full-year revenue estimates above analysts’ estimates. The company’s shares, which have fallen about 14 percent this year, rose 5 percent in extended trading. Box ended its third quarter with more than 90,000 paying customers, up from 87,000 in the
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Salesforce.com is in peak performance mode as companies shift their operations to become more digital and cloud-reliant, the software giant’s Chairman, co-founder and co-CEO Marc Benioff told CNBC on Tuesday. “I don’t think the company’s ever been stronger or been in a better position, and the reason why is every company that we’re dealing with
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A boost in construction equipment sales drove profit higher for Deere in the fourth quarter, but the results fell short of Wall Street expectations and pulled on shares before the opening bell Wednesday. The maker of agricultural and construction equipment reported a 46 percent boost in profit, to $784.8 million, or $2.42 per share. Earnings,
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David Maung | Bloomberg | Getty Images An employee uses a microscope at the Medtronic assembly plant in Tijuana, Mexico. Medical device maker Medtronic posted a better-than-expected quarterly profit on Tuesday, helped by strong performance across all segments. The company’s top-selling cardiac and vascular unit that makes defibrillators, pace-makers, heart valves and stents raked in
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Lowe’s on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, though same-store sales were softer than what Wall Street had anticipated and the company lowered its full-year estimates. Shares of the home improvement retailer dropped nearly 3 percent. Here’s what the company reported compared with what Wall Street was expecting, based on a
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L Brands shares fell 4 percent postmarket Monday after the company said it would slash its annual dividend in half to $1.20. The company, known for its brands Victoria’s Secret and Bath & Body Works, beat profit expectations. L Brands reported adjusted earnings of 16 cents a share versus a Refinitiv estimate of 15 cents.
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Cisco stock rose 5 percent after the company reported better-than-expected earnings for the first quarter of its 2019 fiscal year. Executives will discuss the results with analysts on a conference call at 4:30 p.m. Eastern time. Here’s how the company did: Earnings: 75 cents per share, excluding certain items, vs. 72 cents per share as
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The company also broke out some figures for Uber Eats to the press for the first time, saying it accounted for $2.1 billion in gross bookings in Q3. That’s an increase of 150 percent from the same quarter a year ago, Uber says. Uber is rapidly expanding its food delivery business and is investing in
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Macy’s on Wednesday reported quarterly earnings that topped analysts’ expectations, saying strong digital sales boosted results, while the retailer continues to make investments to improve its stores. The department store chain also raised its earnings outlook for the full year, expecting a strong holiday quarter. Its shares whipsawed on the news, climbing more than 2
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The company narrowed its expectation for full-year earnings before interest, tax, depreciation and amortisation (EBITDA) to $3.6 billion to $4.0 billion from $3.5 billion to $4.2 billion previously. The former conglomerate is restructuring to focus entirely on transport and logistics and plans to step up competition with delivery companies UPS and Fedex. Maersk bought German
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“All of that revenue for this quarter is medical and we look forward to next quarter, when we’ll start to see some Canadian adult-use revenue in that earnings report,” Kennedy said. “The biggest challenge is that there’s just so much demand, which is interesting to see,” he added. “It definitely takes six to 12 months
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