Earnings

Honeywell forecast its fourth-quarter earnings at the top of its previous guidance on Wednesday and raised its forecast for both quarterly and full-year 2017 sales. The U.S. industrial conglomerate said final quarter earnings should come in at around $1.84 per share, excluding separation costs, compared to its previous guidance of $1.79 to $1.84 per share.
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Daniel Acker | Bloomberg | Getty Images Bottles of Eli Lilly’s Cialis brand medication on a pharmacy shelf in Princeton, Illinois. Eli Lilly on Wednesday forecast 2018 earnings and revenue largely above analysts’ estimates in part due to strong demand for recently launched diabetes drug Trulicity and psoriasis drug Taltz. The company said it expected
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Verizon will leave its earnings “plateau” behind in 2018 thanks to an over-the-top platform launch by year’s end, according to Nomura. “After three years of stable to declining earnings per share — Verizon’s self-described ‘plateau’ — we think the company is finally poised to resume earnings per share growth,” wrote Kvaal on Monday. “Verizon has
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American Eagle Outfitters on Wednesday forecast strong earnings for the key holiday selling season and delivered third-quarter comparable sales ahead of Wall Street targets, driven by robust demand for its Aerie line of lingerie. The news sent shares of the apparel maker up nearly 4 percent to $16.71 in premarket trading. American Eagle expects earnings
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Kroger forecast upbeat same-store sales for the holiday quarter and reported higher-than-expected third-quarter results on Thursday after its aggressive discounting lured more customers to its stores, sending its shares up 12.5 percent. Kroger said sales at identical stores open at least a year would exceed 1.1 percent in the fourth quarter as its efforts to
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UnitedHealth Group shares dipped in after-hours trading Monday on news that the managed health-care giant issued a disappointing earnings forecast. Shares dropped more than 2 percent in trading after the bell, before regaining ground. Shares were recently down about 1.5 percent. UnitedHealth projected revenue for 2018 that would be only marginally higher than most earlier
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U.S. tractor maker Deere’s profit rose 79 percent year-over-year in the fourth quarter, as it sold more farm machinery in overseas markets, particularly in South America. Moline, Illinois-based Deere said on Wednesday net income attributable to the company rose to $510.3 million or $1.57 per share in the quarter ended Oct. 29, from $285.3 million
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Enterprise software company Salesforce.com saw its stock sink on Tuesday after it reported better-than-expected earnings for the third quarter of its 2018 fiscal year, which ended on Oct. 31. Salesforce stock was about 2.1 percent lower in premarket trading Wednesday. EPS: Excluding certain items, 39 cents per share vs. 37 cents per share as expected
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Dollar Tree, the biggest U.S. dollar-store chain operator, on Tuesday reported third-quarter comparable store sales and profit that beat Wall Street estimates, helped by higher customer traffic and spending at its stores. Sales at stores open for more than a year rose 3.3 percent, above the 2.4 percent rise expected by analysts, while same-store sales
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Campbell Soup reported on Tuesday first-quarter revenue that missed Wall Street estimates on lower demand for soups and V8 vegetable juices, leading the company to cut its 2018 adjusted profit forecast. Shares of the world’s largest soup maker fell 8 percent to $45.90 before the bell on Tuesday. The company cut its fiscal 2018 adjusted
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Lowe’s reported third-quarter earnings and sales that outpaced analysts’ expectations, as more shoppers turned up at its stores for emergency supplies and repairs following devastating hurricanes and wildfires. The home improvement retailer’s shares were climbing more than 1.5 percent in premarket trade Tuesday on the news. Here’s what Lowe’s reported, compared with what Wall Street
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Abercrombie & Fitch posted quarterly same-store sales growth after more than a year of declines and forecast robust sales for the holiday quarter, as its California-themed surfwear brand Hollister helped revive the retailer. Shares of the company, which also beat its third-quarter net sales and profit estimates, jumped 25 percent to $15.09 in premarket trading
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Luke Sharrett | Bloomberg | Getty Images Nike sneakers sit on display at a Foot Locker store inside the South Park Mall in Strongsville, Ohio, March 4, 2014. Shares of sports retailers soared on Friday after Foot Locker, Shoe Carnival, and Hibbett Sports reported better-than-expected quarterly profits. Foot Locker, up 22 percent, was the most
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Shares of L Brands sunk about 6 percent before the opening bell on Thursday, after it continued to struggle with weakness in its Victoria’s Secret business. The once high-flying brand now competes against a host of new competition including American Eagle’s Aerie. The brand has also been hurt by a decline in mall traffic. Third-quarter
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J.M. Smucker’s topped analysts’ forecasts for second-quarter sales and profit, as it sold more pet food products and benefited from price hikes for Jif peanut butter and other consumer items. Smucker’s shares, which have fallen 17 percent this year, rose 4 percent in premarket trading on Thursday. Net sales in its pet foods business, Smucker’s
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Viacom, owner of MTV, Comedy Central, and Paramount, said Thursday it expects high single-digit declines in revenue from U.S. cable TV operators and online distributors in the first half of 2018, sending its shares down 8 percent. The company said pay-TV subscribers continued to decline. The New York-based media company beat analyst estimates on revenue
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Target on Wednesday reported a bigger-than-expected increase in quarterly same-store sales, a positive sign for the big-box retailer’s turnaround plan. Target also raised its earnings outlook for the full year, though its fourth-quarter forecast, which includes key holiday sales, is lower than analysts’ expectations. That sent Target shares tumbling more than 8 percent shortly after
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Home Depot‘s same-store sales blew past Wall Street estimates, boosted by repairs after devastating hurricanes and wildfires. Revenue from Hurricanes Harvey and Irma added roughly $282 million to the sales total for the third quarter, the company said Tuesday. As the number of customer transactions increased, shoppers on average have also been spending more across
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Time‘s tight leash on costs helped it beat analysts’ expectations on profit and stick to its yearly forecast for operating income on Thursday despite further sharp falls in sales of magazines and hard copy advertising. Shares in the owner of Time, Sports Illustrated and People magazines have almost halved in value since March as it
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Nvidia reported earnings Thursday that beat Wall Street expectations. Here’s how the company did: EPS: $1.33 vs. 94 cents expected according to Thomson Reuters Revenue: $2.64 billion vs. $2.36 billion expected according to Thomson Reuters Shares initially fell as much as 2 percent in after-hours trading Thursday but later ticked up more than a percent.
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