1. Home
  2. Earnings Miss

Earnings Miss

From 4.2 Million Thanksgiving Pies To Record Pizza Sales: Costco Hits 4 Major Milestones In Q1, Beating Earnings Estimates

Costco Wholesale Corporation‘s (NASDAQ:COST) first-quarter revenue and earnings per share beat analyst estimates. The management highlighted four new milestones achieved by the company during the said quarter. What Happened: According to the president and CEO of the company Ron Vachris, “Costco Logistics completed nearly 1 million deliveries in Q1 and over 196,000 deliveries last week […]

Oracle’s Earnings Fallout Offers Hidden Contrarian Opportunity

Enterprise-software stalwart Oracle Corp (NYSE:ORCL) suffered significant volatility during Monday’s after-hours session following the release of disappointing financial results. For its fiscal second quarter, the company posted adjusted earnings per share of $1.47, missing Wall Street’s consensus view of $1.48. Further, on the top line, sales of $14.06 billion fell short of the anticipated $14.11 […]

Target Says Shoppers Wait For ‘Deals’ A Day After Rival Walmart Credits Market Gains To Wealthy Households: TGT Edges Up Marginally In Thursday Premarket

Target Corporation (NYSE:TGT) and Walmart Inc. (NYSE:WMT) released their September quarter results just a day apart. Target’s management highlighted that its customers were most active during sales and promotional events, while Walmart’s leadership attributed 75% of its market share growth to households earning six-figure incomes. Target’s executive vice president and chief commercial officer company Rick […]

Nvidia Shares To Climb Over $140+ Levels, Says Technical Analyst Ahead Of Q3 Results: ‘…Will Have To Beat Street Expectations For The Trend To Continue’

The world’s largest market capitalization company, Nvidia Corp (NASDAQ:NVDA), will report its September quarter earnings on Wednesday, Nov. 20. The street is keenly waiting for the company to report its financials as its shares have risen 191% year-to-date but declined by 2.5% over the last month. On a year-to-date basis, Nvidia has outperformed the Nasdaq […]

Apple’s Key Supplier Foxconn’s Gross Profit Hit 7 Year High In Q3, Aims To Expand AI Capabilities By Next Year

Apple Inc.‘s (NASDAQ:AAPL) Taiwan-based supplier Foxconn (OTC:HNHPF) reported its third-quarter results on Thursday. The company, also known as Hon Hai Precision Industry, said its profit margins improved across the board. According to the company’s press release, its gross profit margin hit a quarterly record high not seen since 2017. Net profit attributable to owners of […]

Morgan Stanley Analysts Optimistic After Q3: Fed Rate Declines ‘Should Drive Robust Growth’ In Asset Management

Morgan Stanley (NYSE:MS) stock received price target increases from analysts after beating Street estimates and showing strength across multiple company segments in third-quarter financial results. The Morgan Stanley Analysts: Barclays analyst Jason Goldberg maintained an Overweight rating and raised the price target from $121 to $135. Bank of America analyst Ebrahim Poonawala reiterated a Buy rating […]

Delta Air Lines Lags Q3 Earnings Estimates

Delta Air Lines (NYSE: DAL) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $2.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was […]