Walmart (WMT) reported third-quarter earnings this morning that beat Wall Street’s consensus on both the top and bottom line, but sparked concern over the overall state of the economy. The stock is down 7% so far in Thursday’s trading session. The company reported a 5.2% climb in revenue year over year, posting $160.8 billion [...]
Target (TGT) reported fiscal third-quarter earnings before the bell this Wednesday morning, and the results sent shares into a frenzy. They’re up 17% so far this morning after the retailer beat the top and bottom line consensus. For the past few quarters Target has faced a weakening environment as inflationary pressures have shoppers looking [...]
Fisker Inc. (FSR) fell off a cliff after reporting third-quarter earnings after the bell Monday. Shares are down more than 21% in Tuesday morning’s session so far, and the stock has lost more than 42% of its value in the last month. The electric vehicle manufacturer posted a steep loss for the quarter of [...]
By Leslie N. Masonson, MBA Weatherford International plc (WFRD), a Nasdaq-listed company, was incorporated in 1972 in Houston, Texas, where it is currently headquartered. It has $4.98 billion in annual sales and a market capitalization of $6.9 billion. The Company operates in 75 countries with 18,000 full-time employees in 335 operating locations. Weatherford may [...]
Shares of Tyson Foods (TSN) are all over the place this Monday morning after the company reported a mixed bag in 4th quarter earnings coupled with a lackluster guidance for the upcoming year. Shares moved nearly 3% lower in pre-market trading, then climbed 4% at the opening bell, all before falling back down to [...]
Friday morning was a rude awakening for shareholders of the Trade Desk (TTD), which fell more than 18% after delivering third-quarter earnings Thursday evening. Despite exceeding analysts’ forecasts, the stock is down on concerns of a weak ad environment going into the biggest quarter of the year. The digital ad platform reported revenue of [...]
Walt Disney stock (DIS) is up more than 7% in Thursday morning’s trading session after the media and entertainment company reported fourth-quarter earnings that sparked hope among investors and analysts alike. The company grew revenue 5.4% year over year to $21.35 billion. This narrowly beat the analyst consensus of $21.33 billion. EPS of 82 [...]
Shares of Bumble (BMBL) are up 2% after a roller coaster ride this morning. The stock initially tumbled 8% in pre-market trading before climbing 7% when the market opened. All of this is a result of the company delivering a third-quarter earnings update that fell short of expectations. Bumble, the online dating and networking [...]
Planet Fitness (PLNT) delivered third-quarter earnings that sent shares 12% higher in Tuesday morning’s session after beating the consensus on the top and bottom lines. Revenue for the third quarter climbed to $277.6 million, representing nearly 14% growth YoY. The FactSet consensus was just $268.2 million. A big chunk of this growth can be [...]
Shares of Dish Network Corporation (DISH) dropped more than 22% Monday morning. The company delivered third-quarter earnings that shocked the market, posting an unexpected loss amidst dwindling subscribers. The pay-TV and wireless company reported a dramatic 9.5% drop in revenue, falling short of the expectation. Revenue of $3.70 billion was well below the FactSet [...]
