Earnings

John Deere combine harvesters sit on display during the Farm Progress Show in Boone, Iowa, U.S., on Tuesday, Aug. 28, 2018. Daniel Acker | Bloomberg | Getty Images Shares of Deere fell on Friday after the equipment company missed earnings expectations for its fiscal third quarter and lowered guidance for the full year, saying farmers

A customer pushes a full cart at a Walmart store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart is set to report second-quarter earnings before the bell on Thursday. Here’s what analysts are expecting, based on Refinitiv data: Earnings per share, adjusted: $1.22 Revenue: $130.11 billion Same-store sales: up 2.1% Additional

Victor Luis, CEO of Tapestry Adam Jeffery | CNBC Tapestry forecast a surprise fall in first-quarter revenue and profit on Thursday, as the high-end fashion house struggles with sluggish demand for its Kate Spade handbags, sending its shares down 6%. The company has had problems integrating the millennial-focused Kate Spade brand, which it bought in

J.C. Penney on Thursday reported mixed second-quarter results that showed its sales are continuing to erode.  The department store chain reported a net loss of $48 million, or 15 cents a share, narrower than its loss of $101 million, or 32 cents a share, a year ago. Excluding one-time items, Penney lost 18 cents a

Shares of Nordstrom, Kohl’s, and J.C. Penney fell in premarket trading on Wednesday after Macy’s lowered its profit outlook in an earnings miss that was indicative of challenges within the broader department store and retail sector. Macy’s stock sank more than 13%, while Nordstrom, Kohl’s and Penney all fell more than 4% after the news.

Macy’s second-quarter earnings fell way below analysts’ expectations, as heavy markdowns used during the spring season to clear unsold merchandise weighed on profits. Macy’s also lowered its profit outlook for the full year and now is expecting to earn between $2.85 and $3.05 a share, down from a range of $3.05 to $3.25. Its shares

Analysts are lowering their earnings estimates for the second half of 2019 and there is a chance earnings for the S&P 500 could be negative for 2019. In the last two weeks, strategists at Goldman Sachs and Citigroup have reduced 2019 and 2020 earnings estimates for the S&P 500, citing a sluggish economy, trade war

Lyft President John Zimmer (L) and CEO Logan Green during an interview at an IPO event in Los Angeles March 29, 2019. Michael Luciano | CNBC Lyft, the second most popular ride-hailing platform in the U.S., just reported earnings for the quarter ended June 20: Loss per share: $0.68 adjusted, vs an expected loss of

Tinder logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images IAC said Wednesday it’s exploring a possible distribution of its interests in Match Group and ANGI Homeservices to its shareholders. IAC shares rose as much as 6% in after-hours trading before settling on a slight gain. In a

People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017. Brendan McDermid | Reuters Streaming platform Roku attributed an acceleration in its total revenue growth primarily to growth in advertising as the platform’s monetized

Online real estate company Zillow said on Wednesday it lost more money in the second quarter than it lost last year as it spent heavily to boost its home segments business, sending shares down 17% in extended trading. Zillow spent $240.7 million at its home segment business in the quarter to earn revenue of $248.9

Lionel Bonaventure | AFP | Getty Images Media company Fox Corp reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors. The company said its adjusted profit for the quarter was 62 cents per share, beating analysts’ estimates by 3 cents a

Uber shares dropped as much as 12% in extended trading Thursday after the company delivered disappointing second-quarter results. Shares remained down roughly 8% in premarket trading Friday.  It was a miss on both top and bottom lines for Uber. Net losses for the ride-hailing company soared to $5.24 billion, largely owing to stock based compensation.

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks on a webcast during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Uber’s $5.2 billion second-quarter loss is big on its

Pedestrians walk by the American International Group building. Ramin Talaie | Bloomberg | Getty Images Insurer American International Group beat Wall Street estimates for quarterly profit on Wednesday, boosted investment income, sending its shares up 2.7% in extended trading. A strong performance in commercial and personal insurance in regions outside of North America helped the

A person exits the Viacom offices in New York. Lucas Jackson | Reuters Viacom, the owner of MTV, Comedy Central, and Nickelodeon, beat estimates for quarterly revenue on Thursday, helped by a rare growth in domestic advertising revenue. Net income attributable to Viacom rose to $544 million, or $1.35 per share, in the third quarter

Disney missed Wall Street expectations in its fiscal third-quarter earnings report on Tuesday. The stock fell 3.7% in after-hours trading. Here are the key numbers: Earnings per share: $1.35 vs. $1.75 per share, according to Refinitiv estimates Revenue: $20.25 billion vs. $21.47 billion, per Refinitiv Disney blamed the earnings miss on the ongoing integration of

Dark Phoenix Source: Walt Disney Studios “Avengers: Endgame” may have become the highest-grossing film of all time, but Earth’s mightiest heroes weren’t able to boost Disney‘s studio earnings above analyst estimates in the third quarter. In fact, “Dark Phoenix,” a film obtained by Disney during the 20th Century Fox acquisition earlier this year, was the

A pedestrian walks through the parking lot of a CVS Health Corp. store in Oakland, California, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images CVS Health on Wednesday smashed Wall Street’s second-quarter earnings and revenue expectations and raised its full-year forecast. Here’s what the company reported compared with Wall Street estimates, based on

Qualcomm Inc. CEO Steve Mollenkopf speaks during a keynote address at CES 2017 on January 6, 2017 in Las Vegas, Nevada. Ethan Miller | Getty Images Qualcomm disappointed Wall Street with its latest financial report. According to the company, a large part of the blame falls on Chinese tech giant Huawei. The U.S. chipmaker reported