Tag: Earnings Projections
Chegg says benefits of AI push will ‘take time’ as sales forecast comes up short
Shares of Chegg Inc. slipped after hours on Monday, after the education-technology platform forecast first-quarter sales that were below expectations and said it was “too [Read more about this post…]
Super Micro board member buys over $1 million in stock after 600% yearly surge
Super Micro Computer Inc. shares have surged more than 600% over the past year, but one board member just sent a signal of confidence by [Read more about this post…]
Ugg and Hoka owner Decker Outdoor names chief executive as Dave Powers retires
Deckers Outdoor Corp. said success of its Ugg boots and Hoka running shoes drove it to its strongest profit and revenue quarter in its history, [Read more about this post…]
Amazon’s big earnings beat and upbeat cloud talk send its stock soaring
Amazon.com Inc. closed out last year with a big quarter of profit growth — and it signaled that a recent acceleration in its all-important cloud-computing [Read more about this post…]
Boeing results beat on everything, but keeps investors guessing on the outlook
Boeing Co. assuaged investors’ fears for the moment on Wednesday, as the aerospace and defense giant’s fourth-quarter results beat Wall Street expectations in all of [Read more about this post…]
Bloom Energy’s stock wilts after BofA’s ‘sell’ call
Shares of Bloom Energy Corp. sagged Monday toward their worst monthly performance in nearly two years after BofA Securities turned bearish on the hydrogen manufacturer, [Read more about this post…]
Levi Strauss to lay off up to 15% of corporate workforce, stock slides as profit forecast disappoints
With new leadership coming in after difficult 2023, Levi Strauss & Co. on Thursday announced plans to lay off staff and cut costs over the [Read more about this post…]
Intel seen struggling to ‘find its footing’ as guidance miss sends stock tanking
Intel Corp.’s stock hasn’t seen a double-digit percentage decline in more than two years. But it might break that streak after a downbeat earnings forecast. [Read more about this post…]
Humana’s stock tanks as it cuts 2024 guidance amid soaring medical costs
Humana Inc.’s stock fell 13% on Thursday, after the managed care company’s quarterly loss widened amid soaring medical costs and it cut its 2024 profit [Read more about this post…]
Nokia stock climbs as cost cuts limit damage from 23% drop in sales
Nokia shares rallied on Thursday as the telecom equipment maker reported better-than-expected margins despite sales missing estimates. Nokia stock NOKIA, +8.07% NOK, +1.49% in Helsinki [Read more about this post…]
