Earnings

Lowe’s reported second-quarter earnings that beat Wall Street’s estimates, sending its share surging by more than 7% in premarket trading. Here’s how the company did, compared with what Wall Street was expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: $2.15, vs. $2.01 estimated Revenue: $20.99 billion, vs. $20.94 billion estimated Same store sales:
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Back-to-school shopping at a Target store in West Hollywood, California. Joe Scarnici | Getty Images Target‘s second-quarter profit jumped 17%, beating Wall Street estimates and propelling the company to raise its outlook for the rest of the year, the company said Wednesday. CEO Brian Cornell said the company had “outstanding performance” during the first half
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Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Nordstrom‘s stock soared by more than 17% after the company released a mixed earnings report that showed weakening sales, but handily beat Wall Street profit estimates.  Here’s how the company did, compared with what Wall Street was expecting, according to Refinitiv
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Signage is displayed outside of the Cardinal Health Inc. headquarters in Dublin, Ohio. Ty Wright | Bloomberg | Getty Images Drug distributor Cardinal Health warned on Tuesday that its business could be hurt as it defends itself against several opioid-related lawsuits. Several pharmaceutical wholesale distributors, including Cardinal, have been named as defendants in about 2,500
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Toll Brothers reported a better-than-expected quarterly profit on higher home prices, but its shares fell as orders declined, hinting at weaker demand for new homes. Slowing economic growth and recent stock market volatility, triggered by an escalating U.S.-China trade war, have made some Chinese buyers more cautious about investing in the U.S. property market, potentially
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Nvidia stock rose 7% on Thursday after hours, after the company reported better-than-expected fiscal-second quarter earnings. Here’s what the company reported: Earnings: $1.24 per share, excluding certain items, vs. $1.15 per share as expected by analysts, according to Refinitiv. Revenue: $2.58 billion, vs. $2.54 billion as expected by analysts, according to Refinitiv. Nvidia’s revenue fell
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Lyft President John Zimmer (L) and CEO Logan Green during an interview at an IPO event in Los Angeles March 29, 2019. Michael Luciano | CNBC Lyft, the second most popular ride-hailing platform in the U.S., just reported earnings for the quarter ended June 20: Loss per share: $0.68 adjusted, vs an expected loss of
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