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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 bear
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 bear
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 bear
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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Downgrades

This Southwest Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Deutsche Bank analyst Scott Deuschle downgraded the rating for L3Harris Technologies, Inc. (NYSE:LHX) from Buy to Hold, but increased the price target from $245 […]
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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 bear
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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