Carter's Inc. (NYSE: CRI), a major American designer & marketer of children’s apparel reported earnings on Monday. Source: Apparel Resources The apparel company reported adjusted diluted earnings per share of $2.81 on Net Sales of $1.1 billion for the fourth quarter. The market though was expecting an EPS of $2.89. CRI shares were down by 12% as the company also reported a weak forecast for the year 2020. This has
Sharing information on stocks we will keep a close watch on, in the coming week. There can be good trading opportunities in these tickers: Monday - (HP Inc. and Carter’s Inc.): HP Inc. (NYSE: HPQ) to report quarterly earnings after market and Carter's Inc. (NYSE: CRI) to report earnings before the market opens on Monday. Shares of HP, the computer and printer company have stayed flat over the past year
NVIDIA surprised markets on Valentine's Day with great quarterly results. The company reported that its fourth-quarter revenue touched the figure of $3.11 billion, almost 41% higher than the $2.21 billion it reported in the 4th quarter last year!Other key highlights from the earnings reported are as follows:GAAP earnings per diluted share for the quarter was $1.53, 66% higher than $0.92 in the previous year.Total revenue for fiscal 2020 was $10.92 billion,
The ailing shares of Restaurant Brands International Inc (NYSE: QSR) got a much-needed uplift after the company reported quarterly results beating market expectations. In its quarterly results released on Monday, Restaurant Brands International (RBI) reported a stellar growth of 34.4% on same-store sales by Popeyes (almost twice of analyst expectations!). Driving the surge was its hugely popular fried chicken sandwich. As CEO Jose Cil put it, the chicken sandwich has proven to
Shares of the popular interactive fitness platform, Peloton Interactive Inc. (NASDAQ: PTON), fell by more than 10% after the company reported earnings on Wednesday. Peloton has created a good presence in interactive fitness and is notably known for its exercise bikes that are equipped with features enabling users to join virtual spin classes from their homes. The exercise bikes sell for more than $2,000 a pop. SOURCE: PELOTON INTERACTIVE Peloton
source: Google eBay (NASDAQ: EBAY) shares dropped by ~ 5 percent after the company reported fourth-quarter 2019 earnings last week. The online marketplace actually reported better than expected earnings for the quarter. However, the earnings forecast for the coming quarter disappointed analysts. The company forecasted earnings for the upcoming quarter to be 50 to 53 cents a share on sales of $2.55 to $2.60 billion. These projections didn't go well with
Walmart (NYSE: WMT), the major U.S. retailer, reported flat earnings on Tuesday in its fourth-quarter earnings call. The company reported a Net Income of $4.14 billion for the quarter, almost 12.3% higher than $3.69 billion reported in the 4th quarter of last year. Revenue reported was $140.6 billion, an increase of 2.1%; slightly below analyst expectations of $141.5 billion. Adjusted Earnings per share came to be $1.38 below analyst expectations of $1.44. This was a rate profit miss for Walmart.
Apple beats earnings estimates, shares rise Apple (NASDAQ: AAPL) reported financial results for its fiscal 2020 first quarter ending December 28, 2019. Quarterly revenue stood at $91.8 billion beating expectations of $88.43 billion by a good margin. The revenue growth represents a 9% increase from the year-ago quarter and an all-time record! Earnings were also very positive with the company reporting quarterly earnings per diluted share of $4.99 beating estimates of $4.54 per
Boeing (NYSE: BA) has started the year on the wrong footing. BA continues to make headlines for all the wrong reasons. Over the past year, Boeing stock has lost 6.3% of its value. In contrast, its competitor, in a market that is pretty much a duopoly, has gained 45.6%. This divergent performance reflects various negative developments and challenges that Boeing has had to deal with since early 2019. 2019 was already
Tesla started 2020 on a high reporting that it has delivered 367,500 vehicles in 2019. This exceeds the forecast of 360,000 deliveries made in October. Wall Street exhibited a renewed optimism in Tesla, in contrast to the damp sentiment of early 2019, driving Tesla's stock to a high of ~ $425 a share. Tesla's stock is up more than 50% from the year before. This impressive run-up is despite the stock
