Text size A large Carnival cruise ship docked at port in turquoise blue water. Dreamstine Shares of Carnival were rising Friday after the cruise line posted second-quarter revenue that rose sharply fr...
Tag: Earnings
Jim Cramer Says Earnings Estimate Cuts Will Form an Investable Bottom; Here Are 3 ‘Strong Buy’ Stocks That Are Already Down 50%
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. I...
Carnival, FedEx, Zendesk and more
The Carnival Paradise cruise ship arrives in port June 30, 2017 in Havana, Cuba. Alexander Creutzmann | Mambo photo | Getty Images Here are the stocks making headlines in midday trading: Carnival Crui...
Wells Fargo Stock Leads Banks As Stress Tests Boost Dividend Bets
Updated at 10:37 am EST Wells Fargo (WFC) – Get Wells Fargo & Company Report, and JPMorgan (JPM) – Get JP Morgan Chase & Co. Report traded higher Friday after the Federal Reserve...
The market could reach an ‘investable’ bottom after analysts cut earnings estimates, Jim Cramer says
CNBC’s Jim Cramer on Thursday said that a possible upcoming slew of earnings estimate cuts from analysts could create a sell-off and an opportunity for investors to do some buying. “Over t...
CarMax, FedEx, Seagen and more
Check out the companies making headlines before the bell: CarMax (KMX) – The automobile retailer beat estimates by 7 cents with quarterly earnings of $1.56 per share, and revenue that also beat analys...
FedEx up on Q4 earnings: ‘we expect further momentum in fiscal 2023’
FedEx Corporation (NYSE: FDX) reported in-line earnings for its fiscal fourth quarter on Thursday. Shares are up 3.0% in extended trading on better-than-expected guidance for fiscal 2023. FedEx Q4 ear...
Olive Garden parent Darden Restaurants’ (DRI) Q4 2022 earnings
An Olive Garden restaurant in Silverdale. Darden Restaurants, Inc. which owns Olive Garden and other restaurant chains is scheduled to report its fourth-quarter 2022 earnings on June 23. Toby Scott | ...
1Q22’s Soaring Economic Earnings Aren’t Sustainable
Businessman presenting financial analysis with charts generated by big data displaying international … [+] success and dollar signs getty Economic earnings increased year-over-year (YoY) for all...
These dividend stocks yield at least 5% and have plenty of room to raise payouts
This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts co...
Accenture, Darden Restaurants, FactSet and more
Check out the companies making headlines before the bell: Accenture (ACN) – The consulting firm’s shares fell 3.3% in the premarket after its quarterly revenue beat forecasts but earnings were i...
This dividend fund is down 3% vs. S&P’s 20% drop. Here are its top stock picks
By now even the most ardent tech and growth-stock enthusiasts realize the bull market is over. John Kornitzer’s approach to selecting high-quality stocks for the Buffalo Flexible Income Fund is one th...
PepsiCo is a better buy than Coca-Cola on higher earnings and faster growth
PepsiCo Inc (NASDAQ:PEP) and The Coca-Cola Company (NYSE:KO) are attractive for the bear market. The companies pay regular dividends, and their prices are relatively less volatile. However, their earn...
Winnebago, La-Z-Boy, Revlon and others
Check out the companies making headlines before the bell: Winnebago (WGO) – The recreational vehicle maker saw its stock jump 3.4% after it beat top and bottom-line estimates for its latest quarter. W...
Diamondback Stock Jumps. Its Dividend Increase Is ‘Hard to Ignore.’
Diamondback Energy stock gained after announcing a dividend increase. Spencer Platt/Getty Images Text size Diamondback Energy surged on Tuesday after the oil explorer said it would increase its base d...
Tesla stock has ‘gone on sale,’ according to one analyst. Here’s what investors should do
Tesla Inc. stock is caught up in the tech selloff as well as some company and industry headwinds, but that doesn’t mean investors should shy away from the “highly attractive entry point” the pullback ...
Marathon Petroleum is a strong buy as earnings and momentum remain strong
Marathon Petroleum Corporation (NYSE:MPC) shed 19.43% last week to close at $87. This comes after the bear market is confirmed. While bear market fears are indeed real, this analysis considers Maratho...
What the Fed’s biggest rate hike in decades means for the bear market in bonds
Historically bad. That’s how the mammoth $53 trillion U.S. fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo...
Why stock-market investors are ‘nervous’ that an earnings recession may be looming
Investors are anxious the stock market may be facing an earnings recession, potentially leading to deeper losses after the S&P 500 index just suffered its worst week since March 2020. “It’s prett...
‘The Profit’ Star Marcus Lemonis Scooped Up Camping World Stock
Text size Marcus Lemonis, of the CNBC show “The Profit,” says RV company Camping World is “the most important thing” in his life. Michael Nagle/Bloomberg Camping World Holdings stock has tumbled in 20...
Citigroup Stock Is the Cheapest of the Big Banks. It’s Ready to Take Off.
Text size Even Warren Buffett’s Berkshire Hathaway has been buying Citi stock, a vote of confidence if there ever was one. Mario Tama/Getty Images Bank stocks have gotten hit as concerns about the U.S...
The Housing Market Just Hit a Wall. What’s Next for Prices, Brokers, and Builder Stocks.
My summer portfolio strategy is to play the old disco hit “Baby Come Back” while slow dancing with my December brokerage statements. If it works, I have a business idea involving Hall, Oates, and a tw...
Bed Bath & Beyond is reducing store hours and turning down the air conditioning to cut costs, analysts say
Bed Bath & Beyond Inc. is turning down the air conditioning at its stores in order to save cash, according to Bank of America analysts who conducted channel checks and store visits. Other measures...