Earnings

Jensen Huang, chief executive officer of Nvidia Corp. David Paul Morris | Bloomberg | Getty Images Chipmaker Nvidia will issue an earnings report for the first quarter of fiscal 2020 after the market close on Thursday. Here are the numbers to watch: Earnings: Excluding certain items, 81 cents per share as expected by analysts, according
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A technician checks on a stack of wafers at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Applied Materials forecast third-quarter profit and revenue above estimates and reported better-than-expected quarterly results on Thursday, allaying investor concerns about slowing semiconductor demand. Shares of the company rose nearly 6%
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Adam Neumann, co-founder and chief executive officer of WeWork. Michael Nagle | Bloomberg | Getty Images As newly public companies representing the sharing economy, Uber and Lyft stumbled out of the gate. WeWork is trying to prepare a different narrative for Wall Street. In an interview with CNBC to discuss the company’s first-quarter financials, CFO
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Walmart on Thursday reported earnings that topped analysts’ expectations but sales came up short, as international revenues declined with currency headwinds dragging on its business overseas. E-commerce sales grew 37%, boosted by its home and fashion businesses, Walmart said. That was better than online sales growth of 33% a year ago, but moderated from a
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Copies of ‘Grand Theft Auto V’ on display for sale at a GameStop store in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Take-Two Interactive Software reported lower-than-expected quarterly revenue and forecast first-quarter sales below analysts’ expectations, as it faces intense competition from free-to-play “battle royale” games “Fortnite” and “PUBG.” Shares of the company
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Symantec stock fell as much as 15% Thursday after the security company said its president and CEO, Greg Clark, has stepped down. The company is looking for a replacement. Symantec director Richard Hill, formerly CEO of Novellus Systems, was named interim president and CEO, effective immediately, according to a statement. “As we enter into a
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GoPro raised its full-year revenue forecast and reported a smaller-than-expected loss on Thursday, boosted by strong demand for its new line of action cameras from its flagship brand HERO, sending its shares up 13%. The company’s action cameras, which are popular among surfers, sky divers and Instagram travel bloggers, have been facing stiff competition from
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Disney popped about 1% after reporting earnings and revenue that beat analyst estimates for its second quarter 2019. Here’s how Disney’s report compared to analysts’ estimates: Earnings per share: $1.61 per share, ex-items, versus $1.58 per share expected, per Refinitiv survey of analysts Revenue: $14.92 billion, versus $14.36 billion expected, per Refinitiv Disney reported a
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The Mallinckrodt Pharmaceuticals sign at the company’s offices in St. Louis. Whitney Curtis | AP Shares of Mallinckrodt Pharmaceuticals seesawed Tuesday morning, swinging up by as much as 16.4% before the markets opened but trading lower after the company reported otherwise strong first-quarter earnings and raised its profit outlook for the year. Mallinckrodt attributed its strong quarterly
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Heather Bresch, CEO of Mylan. Adam Jeffery | CNBC Drugmaker Mylan missed Wall Street estimates for quarterly revenue on Tuesday, hurt by restructuring at its Morgantown plant in West Virginia and a stronger dollar, sending its shares down 4.5%. Revenue from its North America business fell 6% to $922.9 million and missed estimates of $952.43
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Weight Watchers International Inc. food products. Michael Nagle | Bloomberg | Getty Images Weight Watchers on Thursday reported first-quarter mixed first-quarter results and boosted its full-year forecast.  Shares of the company rose 5% after the markets closed. They’ve slid nearly 48%so far this year. Here’s what the company reported compared with what Wall Street was
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New York City on August 6, 2018. ANGELA WEISS | AFP | Getty Images CBS sees advertising prices rising for its slate of TV shows in the upcoming fall programming season, executives said, as the TV broadcaster and media company on Thursday reported first-quarter revenue falling short of analysts’ estimates from weaker content licensing and
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