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Earnings - CNBC

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Shares of Canadian pot company Cronos slide after revenue disappoints


Shares of Canadian pot company Cronos slid 5 percent Tuesday after the company reports disappointing fourth-quarter revenue.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/26/shares-of-canadian-pot-company-cronos-slide-after-revenue-disappoints.html

Samsung warns first-quarter earnings will fall short of expectations


Samsung, the world's largest smartphone maker, says it is due to weak memory and display business.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/26/samsung-warns-on-first-quarter-earnings.html

WeWork says revenue more than doubled last year to $1.8 billion, but so did its net loss


WeWork is growing rapidly as it expands co-working spaces into more cities, but it's a very costly business.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/25/wework-says-sales-more-than-doubled-last-year-but-so-did-net-loss.html

Tiffany shares bounce back as CEO touts growth opportunities


Tiffany's management team touts growth opportunities for the retailer, despite it reporting a 1 percent drop in sales worldwide during the holiday quarter, calling out "external challenges and uncertainties."

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/22/tiffany-reports-fourth-quarter-2018-earnings.html

Nike shares fall after North American sales growth disappoints


Nike's momentum continues overseas, as it still looks for pockets of growth in North America, like women's apparel.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/21/nike-reports-third-quarter-fiscal-2019-earnings.html

Guess shares tumble on earnings shortfall as Levi Strauss IPO looms


Shares of clothing company Guess tanked more than 12 percent after reporting earnings that missed analyst expectations.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/21/guess-shares-tumble-on-earnings-shortfall-as-levi-strauss-ipo-looms.html

Shares of Olive Garden parent Darden jump after earnings, revenue beat


Darden Restaurants, Olive Garden's parent company, reported earnings Thursday before the bell.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/21/darden-restaurants-q3-2019-earnings.html

Micron says memory chip recovery is coming later in the year, sending shares higher


Micron Technology said it sees a recovery in the memory chip market coming and reported a quarterly profit that beat estimates as cost controls helped offset falling demand and prices.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/21/micron-says-memory-chip-recovery-is-coming-later-in-the-year-sending-shares-higher.html

South Korean semiconductor stocks surge on the back of Micron earnings


Shares of semiconductors companies in South Korea soared during Thursday's trading session after earnings results from Micron.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/21/south-korea-semiconductor-stock-movements-following-micron-earnings.html

General Mills stock jumps after earnings beat and raised outlook


Shares of General Mills jump 3.5 percent after the company reports an earnings beat.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/20/general-mills-stock-jumps-after-earnings-beat-and-raised-outlook.html

Tencent Music's first earnings report exposes soaring licence and production costs


Chinese streaming firm Tencent Music delivered its first earnings report as a public company, meeting market expectations but exposing soaring licence and content production costs.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/20/tencent-musics-first-earnings-report-exposes-soaring-licence-and-production-costs.html

BMW issued a bleak 2019 profit warning and launched a $13.6 billion cost-cutting plan


BMW said it expected group pretax profit to fall by more than 10 percent in 2019 and announced a sweeping $13.6 billion cost savings and efficiency plan.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/20/bmw-warns-of-significant-profit-fall-in-2019-seeks-13point6-billion-in-cost-cuts.html

FedEx just warned the whole globe is slowing


A top executive at FedEx is flagging serious concerns in the global economy.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/19/fedex-just-warned-the-whole-globe-is-slowing.html

FedEx misses on earnings and slashes full-year guidance, citing slowing global trade — stock falls


FedEx issued weak full-year 2019 earnings guidance, the second time it has slashed its outlook since December.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/19/fedex-q3-earnings-2019.html

Ulta Beauty shares climb after earnings, revenue top expectations


Shares of Ulta Beauty rose following the release of the beauty company's better-than-expected fourth-quarter earnings.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/15/ulta-beauty-climb-after-earnings-revenue-top-expectations.html

Dollar General's 2019 profit forecast disappoints, shares fall 6%


Dollar General reported better-than-expected same-store sales on Thursday, as its customers spent more on groceries at the discount retailer's stores.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/14/dollar-general-beats-quarterly-same-store-sales-estimates-and-raises-its-dividend.html

GE earnings forecast falls short of estimates, CEO Culp says 'We have work to do'


GE expects 2019 adjusted earnings between 50 cents and 60 cents a share, below the 70 cents a share Wall Street expected.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/14/ge-shares-drop-after-giving-2019-forecast-lower-than-wall-street-estimates.html

Cloudera plummets on a disappointing forecast


Cloudera fell sharply after reporting worse-than-expected earnings for its fiscal fourth quarter

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/13/cloudera-earnings-q4-2019.html

Cloud company MongoDB soars after crushing earnings


The company saw a massive boon from revenue in its Atlas segment, its fully managed cloud database product.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/13/mongodb-q4-2019-earnings.html

Goldman: Tesla's earnings and deliveries likely to disappoint this quarter, so sell the stock


Goldman's 12-month price target is $210, representing a 25 percent drop from here.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/13/goldman-teslas-earnings-and-deliveries-likely-to-disappoint-this-quarter-so-sell-the-stock.html

Home security firm ADT's outlook disappoints, shares sink 10%


ADT reported a quarterly loss and forecast 2019 revenue below Wall Street estimates amid intensifying competition from fast-growing do-it-yourself home security offerings.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/12/home-security-firm-adts-outlook-disappoints-shares-sink-10percent.html

Stitch Fix on pace for best day ever after strong earnings and revenue growth


Shares of Stitch Fix soared as much as 20 percent in extended trading Monday following the release of the online personal styling company's strong second-quarter earnings.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/11/stitch-fix-stock-soars-20percent-after-earnings-beat.html

Eventbrite loses one-third of its value after revealing merger struggles; trades below IPO price


The plunge marks a 40 percent drop from the stock's all-time high.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/08/eventbrite-plunges-after-revealing-ticketfly-merger-challenges.html

Costco beats profit estimates and boosts minimum wage in the US and Canada


Costco Wholesale whizzed past analysts' estimates for quarterly profit as the warehouse club operator's margins were lifted by a drop in gas prices and a shift to lower-cost sourcing.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/08/costco-beats-profit-estimates-as-margin-pressures-ease-shares-rise.html

Shares of LaCroix maker National Beverage crater 16% after blaming poor earnings on 'injustice'


Shares of National Beverage Corp., the maker of popular seltzer water LaCroix, skidded 16 percent after the company blamed a drop in sales and profit on "injustice."

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/07/lacroix-maker-national-beverage-blames-poor-earnings-on-injustice.html

Eventbrite crashes 25% after giving weak revenue guidance


The company said it sees first-quarter revenue between $80 million and $84 million. That's far short of the $91 million analysts polled by Refinitiv had forecast.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/07/eventbrite-crashes-25percent-after-giving-weak-revenue-guidance.html

Barnes & Noble shares tank 16% on disappointing holiday sales


Shares of Barnes & Noble fell more than 16 percent after the company reported fiscal third-quarter earnings Thursday that missed analysts' expectations.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/07/barnes--noble-earnings-q3-2019.html

Investors drive Kroger shares down 12% as earnings show cost of competing against Amazon


Kroger reports earnings and revenue that fell short of analysts' expectations, sending its shares sharply lower.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/07/kroger-shares-plunge-after-earnings-revenue-miss.html

American Eagle forecasts profit below estimates; shares slide


American Eagle Outfitters forecast current-quarter profit below analysts' estimates on Wednesday as the apparel maker spends more on advertising and new Aerie store openings.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/07/american-eagle-forecasts-profit-below-estimates-shares-slide.html

Exxon Mobil shares slump as the oil major tells investors to brace for higher spending


Exxon Mobil forecasts its earnings potential through 2025 is better than previously forecast, but also expects to increase capital spending.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/03/06/exxon-mobil-issues-improved-profit-and-cash-flow-outlook.html

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