Toast Inc. shares were building on their massive Thursday rally in the aftermarket as the maker of payment software and technology for the restaurant industry gave an upbeat forecast for Read more
Tag: Earnings Projections
Trulieve issues cautious guidance ahead of key holiday season
Trulieve Cannabis Corp. posted a 34% increase in third-quarter revenue amid strength in its overall business, but the company expects 2022 sales to be toward the low end of the Read more
Home Depot earnings: Wall Street stays upbeat despite signs of weakening home improvement demand
Home Depot Inc. investors will soon learn the real story about what’s happening in the home improvement sector, as some others in the business have said demand is weakening while Read more
Nio stock bounces as losses doubled expectations but delivery outlook was upbeat
Shares of Nio Inc. rallied Thursday, off a more-than-two-year low in the previous session, after the China-based electric vehicle maker reported third-quarter per-share losses that were more than double what Read more
AstraZeneca lifts guidance after forecast-beating profit and sales
AstraZeneca PLC on Thursday lifted its guidance for the full year after reporting a swing to net profit and higher sales for the third quarter of the year, which both Read more
ArcelorMittal profit misses forecasts, as shipments fall, energy costs rise
ArcelorMittal on Thursday reported third-quarter net income that missed expectations as market conditions deteriorated, marked by lower shipments and higher energy costs. The Luxembourg-based steelmaker MT, -2.24% MT, -0.25% said Read more
Marqeta stock gains after earnings as revenue forecast exceeds expectations
Shares of Marqeta Inc. were up about 6% in after-hours trading Wednesday after the company, which makes card-issuing technology, topped revenue expectations for its latest quarter and issued an upbeat Read more
Disney stock tumbles toward worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helping to send shares of the media giant toward their worst daily performance in more than two decades. Though Disney DIS, Read more
Ahold Delhaize lifts guidance, announces $1 billion in buybacks as profit rises
Royal Ahold Delhaize NV on Wednesday raised its full-year adjusted EPS guidance and announced a new 1 billion euro ($1.01 billion) share buyback as it reported a 13% rise in Read more
Adidas cuts 2022 outlook after Yeezy partnership ends
Adidas again cut revenue and earnings guidance for the year to account for the end of its Yeezy label partnership with designer Kanye West, but said it expects a recovery Read more