All articles tagged with #earnings guidance
Originally Published 2 months ago — by Investor's Business Daily
Pfizer raised its 2025 profit outlook despite a 6% decline in quarterly sales and an 18% drop in earnings, leading to a slight dip in stock price, as the company reported better-than-expected earnings per share but maintained conservative full-year sales guidance amid mixed division performances.
Originally Published 2 months ago — by CNBC
Fiserv's stock dropped 44% after the company cut its earnings outlook and announced leadership changes, with revenues and earnings falling short of expectations, prompting strategic adjustments and a move to Nasdaq.
Originally Published 6 months ago — by CNBC
Stock futures increased after the S&P 500 hit a new high, reflecting investor optimism amid ongoing trade negotiations and positive earnings guidance, despite some geopolitical tensions and economic uncertainties.
Originally Published 7 months ago — by CNBC
Lululemon's shares fell 20% after it beat first-quarter earnings expectations but cut its full-year guidance due to a challenging macroeconomic environment, tariffs, and economic slowdown fears, leading to a significant stock decline despite strong quarterly revenue and profit.
Originally Published 7 months ago — by Barron's
HP Inc. lowered its 2025 earnings outlook due to increased costs from tariffs and macroeconomic uncertainty, leading to a 15% drop in after-hours stock. Despite beating revenue expectations, the company reported lower-than-expected earnings and plans targeted price hikes to offset tariff-related costs, with full cost recovery expected by Q4.
Originally Published 1 year ago — by Yahoo Finance
American Airlines' stock rose over 7% after the company increased its adjusted profit guidance for the fourth quarter, citing strong travel demand and improved pricing power. The airline now expects adjusted earnings per share to be between 55 and 75 cents, up from the previous range of 25 to 50 cents. Additionally, it anticipates fourth-quarter revenue per available seat mile to be flat or up 1% compared to the same period in 2023, with adjusted costs per available seat mile expected to rise between 5% and 6%.
Originally Published 1 year ago — by Yahoo Finance
Kohl's shares dropped nearly 20% after the company reported disappointing Q3 results, with earnings per share of $0.20 missing expectations of $0.31. Revenue fell 8.8% year-over-year to $3.51 billion, and comparable sales decreased 9.3%. The company lowered its fiscal year 2024 earnings guidance to $1.20-$1.50 per share, below the previous forecast and Wall Street consensus of $1.86. CEO Tom Kingsbury will step down in January 2025, to be succeeded by Ashley Buchanan.
Originally Published 1 year ago — by Business Insider
Disney's CEO Bob Iger has unveiled an unprecedented three-year earnings guidance through 2027, signaling confidence in the company's future and his leadership. This move, rare for a company like Disney, aims to showcase the progress made since Iger's return and set up a smooth transition for his successor, expected to be named in 2026. The guidance highlights significant improvements in Disney's financial performance, particularly in streaming, and is seen as a strategic effort to solidify Iger's legacy and reassure investors.
Originally Published 1 year ago — by Yahoo Finance
Shares of Five Below, Spirit Airlines, and JB Hunt Transport Services are slipping in after-hours trading due to disappointing second quarter earnings guidance and results. Five Below announced a CEO transition and slashed its earnings forecast, Spirit Airlines cut its revenue guidance due to lower non-ticket revenue, and JB Hunt reported earnings and revenue below Wall Street expectations.
Originally Published 1 year ago — by Samsung Global Newsroom
Samsung Electronics has announced its earnings guidance for the first quarter of 2024, with consolidated sales estimated at approximately 71 trillion Korean won and consolidated operating profit at approximately 6.6 trillion Korean won, based on K-IFRS. The estimates represent the median of the provided range, with sales expected to range between 70 trillion to 72 trillion Korean won and operating profit between 6.5 trillion to 6.7 trillion Korean won.
Originally Published 1 year ago — by Yahoo Finance
Palo Alto Networks stock surged 9.3% following positive analyst notes from Susquehanna and JPMorgan, countering recent sell-offs driven by disappointing forward guidance. Analysts believe investor sentiment may have been overly negative and maintain bullish outlooks, despite lowered price targets. The company's shift in strategy towards offering more free services may impact near-term financial performance, but some analysts see potential for long-term gains.
Originally Published 1 year ago — by Video Games Chronicle
Analysts predict that Grand Theft Auto 6 won't be released before April 2025 based on Take-Two's revised earnings guidance for fiscal year 2025, indicating a delay from the previously anticipated early 2025 release window. Despite the drop in earnings expectations, the game's official trailer was released in December, confirming a 2025 release date for PS5 and Xbox Series X/S and revealing that it will partly take place in Vice City with a female protagonist, while Take-Two also announced that Grand Theft Auto 5 has shipped over 195 million units since its 2013 release.
Originally Published 2 years ago — by Seeking Alpha
Archer Daniels Midland places CFO on leave amid an accounting probe related to the nutrition segment, appoints interim CFO, delays Q4 earnings release and annual report filing, withdraws guidance for the nutrition unit, and expects adjusted earnings for FY 2023 to be above $6.90/share, lower than the previous forecast, with the nutrition segment's operating income expected to fall more than 18%.
Originally Published 2 years ago — by Yahoo Finance
Humana's stock fell by 12.8% after the company cut its 2023 earnings guidance due to higher Medicare Advantage costs and increased inpatient utilization. The company's adjusted insurance segment benefit ratio is expected to be higher than previously guided, resulting in lower earnings per share for 2023. Humana will provide an update on its performance and 2024 guidance earlier than planned and anticipates industry-wide impacts on emerging trends. This news led to a drop in the company's stock value.
Originally Published 2 years ago — by MarketWatch
Airline stocks, including Delta Airlines, fell in premarket trades after Delta lowered its 2024 earnings guidance, citing headwinds in the March quarter and a lower-than-expected earnings outlook. This led to a slide in shares of American Airlines, United Airlines, JetBlue Airways, and Alaska Air Group, as well as the U.S. Global Jets ETF. Delta also announced an order for 20 Airbus A350-1000 aircraft for its long-distance fleet.