Microsoft Corp. eclipsed profit and sales estimates and produced stronger-than-expected revenue across all of its business segments in an earnings report Tuesday, and shares jumped after executives’ f...
Tag: Earnings Projections
PayPal has been cut in half by Wall Street, but ‘uncertainty’ still looms as earnings approach
After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...
CarMax’s Awful Earnings Send a Warning to All Car Stocks. Here’s What to Know.
Text size Cars sitting in the parking lot are reflected in the windows of used car retailer CarMax. Yana Paskova/Getty Images Used car giant CarMax delivered an earning miss that has sent the stock lo...
Walgreens Earnings Top Estimates but Its Outlook Crushes the Stock.
Text size Walgreens delivers a second-quarter earnings beat. (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images Walgreens Boots Alliance tumbled Thursday after investors were disappo...
UiPath stock drops 20% after outlook falls short of Wall Street expectations
UiPath Inc. shares dropped in the extended session Wednesday after the “software robot” provider’s weaker-than-expected outlook overshadowed a beat of Wall Street’s quarterly results estimates. UiPath...
Nike Reports Earnings Monday. Don’t Get Your Hopes Up.
Text size The Nike store in Miami Beach, Fla. Joe Raedle/Getty Images Nike already had a China problem. Now you can add Europe to the list. The only question ahead of Monday’s earnings report is wheth...
CrowdStrike stock surges 15% on strong outlook, earnings beat
CrowdStrike Holdings Inc. shares surged in the extended session Wednesday after the cybersecurity company’s forecast for the year came in well ahead of what Wall Street was expecting. CrowdStrike CRW...
Asana stock falls 15% after loss more than doubles, forecast calls for more red ink
Asana Inc. shares retreated in extended trading Wednesday, after the company reported that losses doubled from a year ago and predicted more red ink in the new year. Asana ASAN, +9.71%, a collaboratio...
Coupang falls short of expectations for holiday quarter, but gives upbeat earnings outlook
Coupang Inc. fell short of earnings and revenue expectations with its fourth-quarter results Wednesday, though the South Korean e-commerce company forecast a slimmer-than-anticipated loss for the full...
C3.ai increases full-year revenue outlook, but stock dips
Shares of C3.ai Inc. were headed lower in after-hours trading Wednesday, though the maker of artificial-intelligence software reported better-than-expected revenue and earnings results and raised its ...
Plug Power’s Outlook Remains Strong, Boosting the Stock Despite Mixed Earnings
Text size Plug Power said it is on track to achieve its goal of $3 billion in revenue in 2025. Dreamstime Shares of Plug Power were rising in late trading as investors expressed cautious optimism over...
Novavax’s Revenue Falls Short. Management Expects a Surge.
Text size A doctor handles a vial holding a potential coronavirus vaccine at a Novavax lab in 2020. Andrew Caballero-Reynolds/AFP via Getty Images The Covid-19 vaccine maker Novavax expects sales of b...
Home Building Stocks Are Ultracheap, Analyst Says. Investors Are Catching On.
Home building stocks now are “dirt cheap,” according to one Wall Street analyst, and investors are beginning to take notice. Stephen Kim, the home building analyst at Evercore ISI, wrote in a client ...
Coinbase stock falls as crypto platform casts doubt on Q1 outlook
Coinbase Global Inc. stock fell nearly 6% in extended trading Thursday after the Silicon Valley crypto platform crushed Wall Street expectations for its fourth quarter but cast doubt on current-quarte...
Beyond Meat Stock Falls on Larger Loss, Downbeat Forecast
Text size Beyond Meat’s revenue from U.S. retail sales declined. Drew Angerer/Getty Images Beyond Meat issued a disappointing sales forecast as it reported weaker fourth-quarter results than exp...
Alibaba’s Quarterly Profit Is Set to Plummet 60%. Here’s Why.
Text size Alibaba earnings are due Thursday. Qilai Shen/Bloomberg Alibaba ‘s quarterly profit is expected to fall almost 60% year over year when the Chinese tech giant reports earnings on Thursday. In...
Opinion: Are you sharing a Netflix password? Not for long …
After an unprecedented downturn in subscriber growth in the first quarter, Netflix executives are eyeing the millions of people using other subscribers’ accounts as a way to reverse the streaming serv...