Key Takeaways Analysts estimate adjusted EPS of $0.48 vs. $0.34 in Q4 FY 2020. The number of automobiles sold is expected to decline YOY. Revenue is expected to rise YOY despite global supply chain disruptions, rebounding from the most recent quarter’s decline. Ford Motor Co. (F) has struggled to make enough vehicles to meet surging […]
Read MoreOne of the big challenges for average investors is sifting through the mountains of information that comes from the market on a daily basis. I think that may be the biggest reason that so many investors have learned over the course of decades of market activity to rely on analyst estimates for a company’s future […]
Read MoreInflation data will be in focus this week, with investors set to receive the Bureau of Labor Statistics’ (BLS) latest Consumer Price Index (CPI) as the Federal Reserve’s next monetary policy moves remain in focus. Quarterly earnings season also ramps up as some of the big banks report results. Market participants are bracing for another […]
Read MoreAthletic gear retailer Dick’s Sporting Goods (DKS) reports third-quarter earnings on Tuesday before the market open. DKS stock edged higher on Monday. The company reports as it grapples with limited product availability caused by a manufacturing shutdown in Vietnam hitting companies like Nike (NKE). Dick’s Sporting Goods Earnings Estimates: Wall Street expects Dick’s to earn […]
Read MoreWalmart Inc. WMT, stock rose 2.2% in Tuesday premarket trading after the retail giant raised its full-year earnings guidance, the third consecutive quarter it has done so. Net income totaled $3.11 billion, or $1.11 per share, down from $5.14 billion, or $1.80 per share, last year. Adjusted EPS of $1.45 beat the FactSet consensus for […]
Read MoreDisney (DIS) posted quarterly results that missed Wall Street’s expectations as the media giant saw a more marked-than-expected slowdown in Disney+ streaming subscribers, with consumer mobility picking up and virus-related disruptions weighing on show production. Shares fell more than 3% in late trading following. the results. Here were the main metrics Disney posted in its […]
Read MoreNetflix said 142 million member households viewed Squid Game in the first four weeks after its release. Courtesy of Netflix Netflix shares inched higher in late trading Tuesday after the streaming video giant posted better-than-expected subscriber growth for the September quarter, while projecting further gains in the fourth quarter. For the quarter, Netflix (ticker: NFLX) […]
Read MoreSummer has wound down, the Q3 earnings reports will be coming in over the next few weeks, and every investor can see that the market is hitting a rolling boil. For investors in search of a bright spot, Canaccord Chief Market Strategist Tony Dwyer believes the increasing volatility in the market could lead to attractive […]
Read MoreFedEx’s shares slid more than 8% Wednesday after a big earnings miss, owing to rising labor costs outpacing strong revenue. David Paul Morris/Bloomberg Common stocks are supposed to be hedges against inflation, according to Finance 101, because corporations typically pass along higher costs to customers by increasing selling prices. But if they can’t, companies must […]
Read MorePlus, Microsoft said its Windows 11 operating system will begin rolling out on October 5, Zoom shares are down after the company’s growth shows signs of slowing, and sustainable shoe brand Allbirds said it has filed to go public.
Read MorePlus, Microsoft said its Windows 11 operating system will begin rolling out on October 5, Zoom shares are down after the company’s growth shows signs of slowing, and sustainable shoe brand Allbirds said it has filed to go public.
Read MorePlus, Fed Chair Jerome Powell said the central bank is likely to begin tapering before the end of this year, Apple announced App Store updates, and Rivian Automotive confidentially filed to go public.
Read MorePlus, Ulta reported second quarter sales jumped more than 60%, Salesforce delivered an earnings beat, and Forbes is going public via a SPAC merger.
Read MorePlus, Dick’s Sporting Goods reported sales growth of 21% for the second quarter, American Airlines warned that rising COVID infections are denting August revenue, and Microsoft said its cloud gaming services is coming to new Xbox devices this holiday season.
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