U.S. stocks closed Wednesday lower as another bout of earnings results hit traders’ desks and Wall Street weighed the outlook for interest rates after Federal Reserve Chair Jerome Powell signaled more hikes may be needed than markets are pricing in. The S&P 500 (^GSPC) declined 1.1%, while the Dow Jones […]
Earnings
U.S. stocks rallied Thursday as investors digested the release of gross domestic product data and another round of corporate earnings. The S&P 500 (^GSPC) increased by 1.1%, while the Dow Jones Industrial Average (^DJI) added by 0.6%. The technology-heavy Nasdaq Composite (^IXIC) rose by roughly 1.8%, led by a more […]
U.S. stocks lost steam Tuesday after back-to-back days of gains as investors evaluated another round of quarterly financial results from companies. The S&P 500 (^GSPC) slipped 0.1%, while Dow Jones Industrial Average (^DJI) rose a modest 0.3%. The technology-heavy Nasdaq Composite (^IXIC), meanwhile, was off by roughly the same margin. […]
Microsoft issued a disappointing revenue forecast for the current quarter in its earnings call on Tuesday, causing a reverse in the stock price after the shares initially rallied on better-than-expected earnings for the December quarter. The technology company saw a dropoff in business at the end of 2022 in core […]
Chipotle (CMG) posted third quarter 2022 earnings results Tuesday after market close that slightly beat market expectations. Here’s what the California-based company reported, compared to Wall Street’s expectations, according to Bloomberg consensus estimates: Revenue: $2.2 billion versus $2.24 billion expected Adj. earnings per share (EPS): $9.51 versus $9.23 expected Same-store […]
Microsoft shares fell about 7% in extended trading on Tuesday after the company reported softer cloud revenue than expected in its fiscal first quarter and gave weak quarterly guidance. Here’s how the company did: Earnings: $2.35 per share, vs. $2.30 per share as expected by analysts, according to Refinitiv. Revenue: […]
U.S. stocks closed another session of losses Thursday as third-quarter financial results from companies continued to barrel in against a backdrop of persisting growth concerns on Wall Street. The S&P 500 (^GSPC) fell 0.8%, while the Dow Jones Industrial Average (^DJI) shed around 90 points, or 0.3%. The technology-heavy Nasdaq […]
U.S. stocks extended a downtrend on Monday to start the week lower as Wall Street steered into third-quarter earnings season and braced for a batch of inflation reports. The technology-heavy Nasdaq Composite (^IXIC) led declines, dropping 1% to a two-year low as a set of fresh restrictions by the Biden […]
Image source: The Motley Fool. Simpson Manufacturing Inc (NYSE: SSD)Q3 2020 Earnings CallOct 26, 2020, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings and welcome to Simpson Manufacturing Company Incorporated Third Quarter 2020 Earnings Conference Call. At this time, all participants are in […]
Apollo Commerical Finance (ARI) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A […]
Hanover Insurance Group (THG – Free Report) came out with quarterly earnings of $2.23 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.96 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise […]