Dollar Tree shares plunged nearly 15% in early trading Thursday after the company fell short of Wall Street earnings expectations for the latest quarter and cut its earnings outlook for the entire year. Here’s how the discounter fared in its first fiscal quarter compared to what Wall Street expected, based on a Refinitiv analyst survey: … Read more
Semiconductor maker Analog Devices posted a quarterly sales record on Tuesday. The stock fell anyway. Management’s comments on the auto business did. Sales in this end market are expected to fall in the current quarter. The revelation sent shares of a host of other auto-related stocks around the world plummeting. “We delivered another very strong … Read more
Last updated: May 24, 2023 at 4:35 p.m. ET First published: May 24, 2023 at 4:32 p.m. ET Executives from Nvidia Corp. predicted record earnings far beyond anything the company saw on Wednesday, pushing the stock into record territory. Nvidia Guided NVDA to $11 Billion Q2 Revenue, Plus or Minus 2%; the chipmaker has never … Read more
Construction workers build a Toll Brothers house in Boca Raton, Florida. Joe Raedle | Getty Images Find out which companies are making headlines in extended trading. Palo Alto Networks – Shares gained 3.5% after the company’s fiscal third-quarter earnings and revenue beat estimates. The cybersecurity company posted adjusted earnings of $1.10 per share and revenue … Read more
AutoZone on Tuesday reported fiscal third-quarter results that beat expectations, but the auto parts maker’s net sales and same-store sales were below consensus. AutoZone (ticker: AZO) posted third-quarter earnings of $34.12 per share, beating analysts’ estimates of $31.51. Net sales for the period were approximately $4.09 billion, slightly below the forecast of $4.12 billion. Domestic… … Read more
Yelp Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York City. Michael Nagle | Bloomberg | Getty Images Find out which companies are making headlines in the midday business. Yelp – Shares of the online review firm jumped more than 9% after activist investor … Read more
Cars are parked outside a Dick’s Sporting Goods store in Monroe Marketplace, Pennsylvania. Paul Tisserand | SOPA Pictures | Light flare | Getty Images Check out the companies making headlines before the bell: Yelp – Yelp shares jumped 11.4% in premarket trading. Activist investor TCS Capital Management has confirmed it has acquired a stake of … Read more
