Earnings Miss

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

November 21, 2024 author

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 […]

Earnings Miss

Target Plunges 21% While Williams-Sonoma Soars 27% On Same Day

November 20, 2024 author

Investors were treated to quite the pair trade on Wednesday when shares of big box retailer Target Corp (NYSE:TGT) sunk while shares of home furnishing retailer Williams-Sonoma, Inc. (NYSE:WSM) rocketed off earnings. The two stocks were the biggest movers of the day, according to Benzinga Pro. Price Action: Target’s stock closed the day at $121.72, […]

Earnings Miss

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’

November 19, 2024 author

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 […]

Earnings Miss

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

November 14, 2024 author

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 […]

Earnings Miss

Wolfspeed Stock Is Falling After The Bell: What’s Going On?

November 7, 2024 author

Wolfspeed Inc (NYSE:WOLF) shares are tumbling in Wednesday’s after-hours session in the wake of the company’s third-quarter financial results. Wolfspeed announced initiatives to streamline its cost structure. Here’s a rundown of the report. Q1 Revenue: $194.7 million, versus estimates of $200.39 million Q1 Adjusted EPS: Loss of 91 cents, versus estimates for a loss of […]

Earnings Miss

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

October 17, 2024 author

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 […]

Earnings Miss

Delta Air Lines Lags Q3 Earnings Estimates

October 10, 2024 author

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 […]

Earnings Miss

Fee Income to Support Citizens Financial’s Q3 Earnings Amid Lower NII

October 9, 2024 author

Citizens Financial Group, Inc. (NYSE: CFG) is scheduled to report its third-quarter 2024 results on Oct. 16, before the opening bell. The company’s earnings and revenues in the third quarter are expected to have declined from the year-ago reported figures. In the second quarter of 2024, CFG’s earnings missed the Zacks Consensus Estimate on lower […]

Earnings Miss

Here’s Why Investors Should Hold on to Landstar Stock Now

October 9, 2024 author

Landstar System (NASDAQ: LSTR) is benefiting from its robust financial stability and strong liquidity. The shareholder-friendly approach also bodes well for the company. However, the company is grappling with the freight market downturn. Factors Favoring LSTR Landstar’s commitment to shareholder value is commendable, as the company consistently returns significant capital to its investors through stock […]

Earnings Miss

3 Blue Chip Opportunities the Market Overlooked—Now’s Your Chance

October 8, 2024 author

The stock market’s insatiable appetite for high-growth stories often leaves a trail of undervalued opportunities in its wake. Blue-chip stocks are the corporate world’s stalwarts and frequently get overshadowed by the allure of the latest market darlings. This creates a unique opportunity for investors seeking stability and consistent returns, offering the potential for capital appreciation […]

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