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Wall Street Weighs In On Square Earnings, Cash App And More
Thursday, November 7, 2019 - 11:11am | 780Read More...Square Inc (NYSE: SQ) traded higher on Thursday after the company topped third-quarter EPS and revenue estimates and raised its full-year revenue and EPS guidance. The new EPS guidance range for the fourth quarter came up short of consensus analyst estimates. In addition to reporting earnings...
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Facebook's Strong Quarter, Outlook Have Sell-Side Hitting Like On The Stock
Thursday, October 31, 2019 - 12:45pm | 664Read More...Facebook Inc. (NASDAQ: FB) was a pleasant surprise to analysts with third quarter ad revenue growth up 31% year over year to beat Street estimates by nearly 2%, with operating income about 13% above the consensus forecast. Both daily and monthly active users of the platform continued to increase,...
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What To Make Of Apple Earnings: Wearables, China And Apple TV+
Thursday, October 31, 2019 - 11:18am | 856Read More...Apple Inc. (NASDAQ: AAPL) shares traded higher by 2% on Thursday after the company beat earnings and revenue expectations in the fiscal fourth quarter and guided for better-than-expected sales in the critical holiday quarter. Apple reported 18% Services segment growth and 54% revenue growth in...
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Analysts Drink Up Starbucks' Solid Quarter
Thursday, October 31, 2019 - 10:05am | 588Read More...Starbucks Corporation (NASDAQ: SBUX) delivered a significant sales beat, a 5% comps increase and an inline bottom-line in its fourth-quarter earnings report. “Starbucks continues to make progress driven by increased customer traffic especially in later dayparts and continues to reach more...
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Hey Google! Sell-Side Sentiment Solid After Alphabet's Q3 Earnings Disappoint
Tuesday, October 29, 2019 - 11:20am | 782Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares dipped 2% on Tuesday after the company’s third-quarter earnings report fell short of Wall Street expectations. Google’s parent company reported third-quarter EPS of $10.12, below consensus estimates of $12.42. Revenue of $40.5 billion...
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International Subscriber Growth Keeps Analysts Mostly Still Tuned In To Netflix
Thursday, October 17, 2019 - 3:39pm | 782Read More...Will Netflix Inc. (NASDAQ: NFLX) be able to fend off new competition and continue to grow subscribers? It wasn't looking so good a few months ago, but after a rebound in subscriber growth in the third quarter led by overseas customers some analysts are thinking: Stranger Things have happened....
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Wall Street Reacts To IBM's Weak Quarter
Thursday, October 17, 2019 - 1:07pm | 594Read More...IBM (NYSE: IBM) shares tumbled 6% on Thursday after the company missed consensus revenue expectations and reported its fifth consecutive quarter of negative sales growth. Third-quarter revenue was down 4% from a year ago, but IBM’s recently closed Red Hat acquisition was a silver lining. Red...
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Analysts Say Additional Fastenal Upside Is Limited Following Earnings Pop
Monday, October 14, 2019 - 10:53am | 600Read More...Fastenal Company (NASDAQ: FAST) shares jumped 17.2% to a new all-time high on Friday after the company reported earnings and revenue beats. The construction equipment maker reported 7.8% sales growth, while gross margins dropped from 48.1% to 47.2%. Fastenal’s strong quarter was reassuring...
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KeyBanc Bullish On Cooper Companies' Revenue Momentum, But Says Mix May Hurt Margins
Friday, October 11, 2019 - 12:44pm | 324Read More...While Cooper Companies Inc (NYSE: COO) should be able to sustain its revenue growth momentum, despite changes in the competitive landscape, its gross margin may come under pressure due to mix shift and capacity investments, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Matthew...
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Market Loves Bed Bath & Beyond CEO Hire, But Analysts Warn Turnaround Is A Tough Job
Thursday, October 10, 2019 - 11:17am | 674Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares surged 25% Thursday after announcing it has hired Mark Tritton as its new CEO, stealing him from Target Corporation (NYSE: TGT). The move also drew praise from Wall Street analysts who said Tritton is a good fit for the housewares chain as it tries...
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Akamai Technologies Receives Downgrade Amid Streaming Excitement
Thursday, September 19, 2019 - 2:53pm | 451Read More...Akamai Technologies, Inc. (NASDAQ: AKAM) has received a downgrade amid the excitement around new streaming services. The Analyst KeyBanc’s Brandon Nispel downgrades from Overweight to Sector Weight with no assigned price target. The Thesis Akamai’s valuation reflects strong sentiment...
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The Street's Reaction To Apple's New Products: 'Meh On Phones But Wow, Streaming Is Really Cheap'
Wednesday, September 11, 2019 - 11:39am | 882Read More...While Apple Inc. (NASDAQ: AAPL) watchers zoned in Cupertino’s new iPhone and Apple TV+ unveil, reaction from analysts was a bit muted, though generally positive, with most saying the company did the expected with upgrades of existing products. One excited exception was for the unexpectedly...
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Analysts Cheer Lululemon's Impressive Growth, Innovation Is Still Key
Friday, September 6, 2019 - 12:30pm | 438Read More...Lululemon Athletica Inc. (NASDAQ: LULU) shares traded higher on Friday after the company knocked it out of the park with its second-quarter earnings report. Lululemon reported earnings and revenue above analyst forecasts and said same-store sales growth was up 15% last quarter, beating consensus...
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'A Massive Green Field Growth Opportunity': Wall Street Weighs In On DocuSign
Friday, September 6, 2019 - 11:21am | 623Read More...Docusign Inc (NASDAQ: DOCU) shares soared 20% on Friday after the company reported second-quarter earnings and blew third-quarter guidance expectations out of the water. DocuSign missed second-quarter EPS estimates but beat on revenue. Friday’s big move was likely in response to the company...
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Sell-Side: Short-Term Pain For Long-Term Gain With Palo Alto Networks
Thursday, September 5, 2019 - 1:00pm | 707Read More...Shares of Palo Alto Networks Inc (NYSE: PANW) continued to rebound with investors and sell-side analysts seeing long-term upside amid a shift to cloud security that outweighs weaker near-term guidance. The stock initially dropped after the fourth-quarter print despite results that beat Street...
















