Woolworths shares have hit a two - year high
after analysts forecast the supermarket giant's grocery sales to keep outpacing those of fierce rival Coles.
Not exact matches
Although Skou remained positive about the outlook for global trade, Maersk shares fell more than 5 percent
after it gave a
forecast for 2018 earnings before interest, tax, depreciation and amortisation (EBITDA) of $ 4 - $ 5 billion, below
analyst expectations of $ 5.3 billion.
Twitter shares (twtr) fell 6.6 % at $ 13.99 in
after - hours trading,
after the social media company's revenue
forecast for the current quarter missed
analysts» expectations.
Its stock fell
after its sales
forecast missed
analysts» estimates.
Health insurer Centene (cnc) raised its profit
forecast for 2017,
after its quarterly profit topped
analysts» estimates on higher enrolments and growth in its Obamacare business.
Even though
analysts have
forecast continued momentum in global economic growth, concerns remain over how policy normalization might bring about changes
after almost a decade of easy money.
The author, Dr. Alok Kumar, came to this conclusion
after examining over 2 million stock
forecasts made by 17,240
analysts covering a total of 13,636 stocks.
An S&P index of homebuilders advanced to a two - month high
after Lennar Corp. rallied 4.2 percent as quarterly results beat
analysts»
forecasts.
The big build was a surprise
after analysts had
forecast a decrease of 189,000 barrels.
Tax preparation company H&R Block dropped almost 8 percent in early trading Wednesday
after reporting revenue that fell short of
analysts» estimates, and distiller Brown - Forman, which makes Jack Daniels and Woodford Reserve, fell 5 percent
after its own results also came up short of
forecasts.
Health Care underperformed with Cardinal Health sliding 21.4 % to $ 50.80
after missing
analyst profit
forecasts.
Meanwhile, the company shares have already increased from $ 14 further on, as many traders started closing their selling transactions
after the
analysts missed the quarterly earnings
forecast.
The shares gained in late trading Tuesday
after the company reported iPhone sales in line with
analysts» expectations, gave a bullish revenue
forecast and highlighted a surging services business.
Big W is expected to post its third consecutive annual loss this year
after losing $ 165 million over the last two years, but
analysts are hoping that Woolworths will wind back
forecasts for losses of $ 150 million following better than expected first - quarter sales.
Investors showed they had little patience for companies that undershot earnings
forecasts, even by the thinnest of margins, sending down shares in retailer Woolworths on Wednesday by 3 per cent
after its March - quarter sales result came in slightly shy of
analyst targets.
Most
forecasts for Fonterra Cooperative Group's [NZX: FCG] payout to New Zealand farmers this season remain below the company's estimate even
after prices advanced at the GlobalDairyTrade auction overnight, suggesting
analysts expect a cut to its
forecast.
Despite the fact that the chief economists have not
forecast growth in US vehicle sales in 2007,
after 16.5 million units were sold in 2006, they were more optimistic about their outlook than many Wall Street
analysts.
Apple's stock price was already decreasing throughout last week
after a J.P. Morgan research note the firm's
analysts had lowered is sales
forecast for the Cupertino company's suppliers.
Wearable fitness device maker Fitbit Inc's profit
forecast for the current quarter fell far short of
analysts» estimates, overshadowing a strong first - quarter report, sending the company's shares down 13 per cent in
after - hours trading.
The latest prediction about the iPhone 7 comes from Piper Jaffray
analyst Gene Munster, who sent Apple stocks up by 9 cents at $ 111.13
after forecasting a price target of $ 172 for Apple's shares in 2016.