Exxon says rising oil and gas prices will net it a Q2 windfall profit of at least $2.5 billion
Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its ...
Tag: Earnings Projections
Micron’s weak forecast adds to Wall Street concerns that chip demand is drying up
Micron Technology Inc. added to Wall Street fears late Thursday that customers may have loaded up on chips during the ...
Nike stock dives as Wall Street jeers margin outlook rather than cheering profit and revenue beats
Shares of Nike Inc. took a tumble Tuesday toward a two-year low after multiple Wall Street analysts cut their price ...
FedEx expects higher profits in fiscal 2023
FedEx Corp. stock rose more than 3% in the extended session Thursday after the delivery and logistics company reported quarterly ...
U.S. companies are still making billions of dollars of adjustments to make earnings look better, study finds
U.S. companies continued to adjust their net income numbers in 2021 to exclude billions of dollars worth of items, according ...
NIO sees supply chain, production ‘back to normal’ in June
Shares of NIO Inc. were hit hard Thursday after a disappointing outlook for the current quarter, as a COVID-19 resurgence ...
Target’s markdown strategy signals a return to pre-COVID pricing across retail, analysts say
Target Corp.’s markdowns to sell off excess inventory could signal a return to pre-COVID pricing across retail, wrote Raymond James ...
Target’s steps to reduce inventory glut are correct but are a few weeks late, analyst says
Target Corp.’s inventory course correction, announced during Tuesday premarket hours, are the right moves but come a little late, one ...
U.S. stocks shake off Target profit warning to erase losses
What’s driving marketsTarget’s TGT, -3.94% profit warning was blamed for adding to the negative tone for equities in early action. ...
C3.ai stock plunges 20% after disappointing forecast
C3.ai shares plummeted 20% in extended trading Wednesday after the software company’s executives guided for smaller revenue gains in the ...
Costco sales top estimates by $1 billion, but misses on same-store sales
Costco Wholesale Corp. brought in $1 billion more than expected in revenue in its latest quarter, keeping the retailer on ...
Gap stock drops as Old Navy’s struggles sink sales and outlook
Gap Inc. shares fell in the extended session Thursday after the clothing retailer turned in a wider-than-expected loss and issued ...
Splunk stock rallies as cloud revenue surges 66% from a year ago
Splunk Inc. rallied in after-hours trading Wednesday as the cloud-based enterprise software company reported results that topped Wall Street estimates and ...
Nutanix stock dives more than 30% after earnings include poor forecast
Nutanix Inc. shares dove more than 30% in after-hours trading Wednesday following a poor fourth-quarter forecast.Nutanix NTNX, +2.24% executives guided ...
Intuit stock rises after tax-season earnings top Street estimate, improved outlook
An earlier version of this article miscalculated a clarification of the company’s fourth-quarter guidance. It has been corrected.Intuit Inc. shares ...
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