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Earnings Miss

Skechers Q2 Earnings Miss Estimates, Sales Rise Y/Y

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Skechers U.S.A., Inc. (NYSE: SKX) delivered second-quarter 2024 results, with the top and bottom lines lagging the Zacks Consensus Estimate. Sales improved but earnings declined year over year. Challenges such as supply-chain disruptions, foreign currency headwinds, regulatory issues in India, and weakened consumer demand in China impacted the overall performance. However, the company continued to […]
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Earnings Miss

Saia Misses Q2 Earnings Estimates

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Saia (NASDAQ: SAIA) came out with quarterly earnings of $3.83 per share, missing the Zacks Consensus Estimate of $4 per share. This compares to earnings of $3.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -4.25%. A quarter ago, it was expected that […]
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Earnings Miss

WesBanco Q2 Earnings Miss Estimates

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WesBanco (NASDAQ: WSBC) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -9.26%. A quarter ago, it was expected that […]
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Earnings Miss

Boston Beer Company: Hard Mountain Dew Is Still A Catalyst, 3 Analysts Cut Forecasts After Q2 Results

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Shares of Boston Beer Company Inc (NYSE:SAM) were climbing in early trading on Friday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Bonnie Herzog reiterated a Sell rating, while reducing the price target from $210 to $230. RBC Capital […]
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Earnings bear
Earnings Miss

TotalEnergies Q2 Earnings and Revenues Lag Estimates

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TotalEnergies SE (NYSE: TTE) reported second-quarter 2024 operating earnings of $1.98 (€1.85) per share, missing the Zacks Consensus Estimate of $2.11 by 6.2%. The bottom line declined 0.5% from the year-ago figure of $1.99 (€1.84). The year-over-year decline was due to lower refining margins. Total Revenues Total revenues for the second quarter were $53.7 billion, […]
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Earnings bear
Earnings Miss

IBM’s AI Bookings To Drive Share Gains, Though ‘Revenue Contribution Of AI Is Currently Small’

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IBM (NYSE:IBM) shares were climbing in early trading on Thursday after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On IBM Analyst James Schneider reiterated a Buy rating while raising the price target from $200 to $205. IBM reported revenues of […]
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Earnings Miss

Chipotle Addresses Negative Feedback On Portions, 9 Analysts Still Cut Forecasts After Better-Than-Expected Earnings Results

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Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) tanked in early trading on Thursday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Christine Cho reiterated a Buy rating, while slashing the price target from $74 to $67. TD Cowen analyst […]
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Earnings bear
Earnings Miss

NVR Stock Down on Q2 Earnings Miss, Homebuilding Revenues Top

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NVR, Inc. (NYSE: NVR) reported mixed second-quarter 2024 results, with earnings missing the Zacks Consensus Estimate while Homebuilding revenues surpassed the same. On the other hand, both metrics increased on a year-over-year basis. The upside was backed by improved demand trends, which resulted in higher settlements. Although the cancellation rate increased during the quarter, growth […]
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