This morning, Advanced Auto Parts (AAP) released first-quarter earnings that came in way under expectations. Along with a dismal earnings report, the company weakened its outlook and slashed its quarterly dividend. Safe to say things are tumultuous right now for the North Carolina-based company. While analysts were expecting an EPS of $2.57/share, the company [...]
Nvidia (NVDA) stole the show in Thursday morning’s trading session, after a 1st quarter earnings report that shook the financial world up. The stock is currently up 27% as of Noon. Today’s performance is poised to be the biggest single-day rise in market value at over $200 billion. For the first quarter, the [...]
On Friday, John Deere (DE) reported fiscal 2nd quarter earnings that came in well above analyst expectations. And yet, the stock closed lower than it opened at. And so far in Monday’s trading session, DE is picking up where it left off - heading down lower and lower. The company has only failed to [...]
Foot Locker (FL) released company earnings Friday morning, in which the company didn’t just underperform - they expect things to get worse in the road ahead. The previous full-year guidance has been abandoned amidst a challenging economic climate. And as a result, shares are down 27% so far today. Just how bad was it, [...]
Alibaba (BABA) reported earnings for the first time since the company split into six separate units - and the first time since China’s full reopening. While this report was highly anticipated by shareholders and prospective investors alike, it fell short of expectations. The company grew revenue by a modest 2% year over year to [...]
Columbia Care Inc. (CCHWF) started the week with a bang, releasing its 1st quarter earnings report and exceeding analyst expectations. As a result, the stock has climbed more than 20%. But as you’ll discover below, there are still 3 major issues investors should be aware of. The cannabis company posted revenue of $124.54 million, [...]
PayPal (PYPL) delivered first-quarter earnings on Monday after the market closed. The market responded Tuesday by sending shares off a cliff, as the company has lost more than 10% since. This reaction has many perplexed as the earnings report was mostly positive. PayPal saw a 10% growth in total payment volume year over year [...]
Microsoft (MSFT) issued its fiscal Q3 earnings earlier this week, and as of Friday, the ripples haven’t yet subsided. The company impressed with both a revenue and EPS beat, and has climbed nearly 10% since Tuesday evening when the report went out. Earnings came in at $2.45 per share compared to the estimate of [...]
Tuesday was an exciting day for Alphabet investors - the parent company of Google (GOOGL, GOOG). The company reported first-quarter earnings for the year that beat analyst estimates handily. And, along with this overperformance was the announcement of a $70b stock buyback program. The company exceeded the revenue consensus of $68.96 billion that had [...]
Yesterday, AT&T (T) posted 1st quarter earnings that left much to be desired. While subscriber growth was up, revenue was down - and the market reacted by sending shares down more than 10% in Thursday’s trading session. A key indicator of the telecommunication company’s well-being is postpaid phone plans - a figure representing the [...]
