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Analyst Expectations

All articles tagged with #analyst expectations

technology1 year ago

"AI Boom Propels Micron to Record High Earnings, Boosts Chip Stocks"

Micron reported better-than-expected second quarter earnings, with revenue at $5.82 billion and adjusted EPS at $0.42, surpassing analyst estimates. TD Cowen Managing Director Krish Sankar praised the company for exceeding all expectations and highlighted the surging demand for high bandwidth memory, positively impacting Micron's outlook. Sankar remains optimistic about pricing and sees Micron as a major beneficiary of the boost in AI spending.

via Yahoo Finance|
#analyst-expectations#demand#earnings
business2 years ago

"Carnival Stock: A Bounceback for the Cruise Industry?"

Carnival Corp, the world's largest cruise line operator, is set to release its fiscal fourth-quarter results this week. Analysts are expecting a loss of $0.13 per share on $5.3 billion in revenue. Despite the anticipated loss, analysts have raised their price targets on Carnival, indicating optimism for a strong report. The cruise industry has been recovering from the COVID-19 crisis, with profitability returning and bookings surpassing pre-pandemic levels. Carnival has a history of surpassing earnings estimates, and positive net income is possible. The company has been paying down debt and is trading at a reasonable valuation.

via Yahoo Finance|
#analyst-expectations#business#carnival-corp
business2 years ago

Alaska Air Group's Stock Plummets on Disappointing Revenue Forecast

Airline stocks experienced a drop after Alaska Air Group reported better-than-expected second-quarter earnings of $3 per share, surpassing analyst expectations of $2.71 per share. However, the airline's forecast for third-quarter revenue growth of 0 to 3% from the previous year was less optimistic, causing a decline in airline stocks.

via The Wall Street Journal|
#airline-stocks#alaska-air-group#analyst-expectations