That's despite the company
beating on earnings per share and revenue expectations.
Apple's earnings, reported after Tuesday's close,
beat on both earnings and revenues, and its stock jumped as much as 5 percent before settling in to a smaller 3.3 percent gain.
Cisco shares jumped after the firm
beat on earnings, citing signs of improvement.
Chipotle Mexican Grill shares soared more than 17 % after the company
beat on earnings, showed an improvement in same store sales, and announced it was allocating more money to buy back stock.
Red Hat
beat on earnings and revenue expectations.
Kohl's managed to
beat on earnings — which the market liked — but whiffed on sales, which investors didn't.
Facebook (FB) beat on revenue, posting $ 5.38 billion vs analyst expectations of $ 5.25 billion;
it beat on earnings per share (EPS), with 77 cents per share, healthily above expectations of 62 cents per share; and most importantly for the company's future, it beat on monthly active users, bringing its total to 1.65 billion, where expectations were at 1.62 billion.
Shares of Constellation Brands are rallying after the company
beat on earnings per share and revenue expectations.
Adobe Systems Inc.
beat on earnings per share and revenue expectations.
ConAgra Brands
beat on earnings estimates and despite the selloff on Wall Street, shares are higher Thursday.
This response came despite the fact that the company
beat on earnings and revenue and earned an ROIC of 28 %, its highest since 2009.
In October the company
beat on earnings but missed on revenue, while in February it topped both estimates.
Not exact matches
Apple's second - quarter
earnings beat on Tuesday illustrated just how differently this company's stock behaves compared with the rest of the market, CNBC's Jim Cramer said.
Baidu — Baidu
beat forecasts
on both the top and bottom lines with its latest
earnings,
on the strength of stronger advertising sales for the China - based internet search giant.
Carter Copeland, Melius Research, discusses his call
on Boeing after reporting a strong first - quarter
earnings beat.
The prescription management company
beat estimates
on earnings but missed
on revenues.
The mobile carrier
beat estimates
on revenues and
earnings but its net adds were lower than expected.
BP
on Tuesday also
beat earnings expectations, trimming its 2016 capital spending by another $ 1 billion.
Apple reported quarterly
earnings on Thursday that
beat expectations, and revenue that also topped estimates.
Nike
on Thursday reported third - quarter
earnings that
beat analysts» forecasts for
earnings and revenue.
The multinational technology companyreported first quarter
earnings,
beating analyst expectations
on both the top and bottom lines.
In the third quarter, Bank of America
beat on the top and bottom lines, reporting
earnings per share of $ 0.41
on revenue of $ 21.64 billion.
Morgan Stanley
beat expectations in the same quarter last year, reporting diluted
earnings per share of $ 0.43 ($ 0.32 expected)
on revenue of $ 7.86 billion ($ 7.63 billion expected).
On Tuesday, the firm announced first quarter
earnings that
beat expectations, thanks to strong performance from its bond trading unit.
In the second quarter, the firm posted a big
beat, reporting
earnings per share of $ 3.72 ($ 3.08 expected)
on revenue of $ 7.93 billion ($ 7.55 billion expected).
HP's third - quarter report is expected to show
earnings that barely
beat analysts» expectations after the company focused
on cost - cutting and higher - margin business areas ahead of the impending split of its computer and printer businesses from its enterprise hardware and service arm.
Legere attributed T - Mobile's handy
earnings beat on Monday mainly to its customer growth — 1.1 million total net additions — and boosted service revenues, something not seen in the wireless industry in several years.
Netflix latest
earnings report
beat analysts» estimates, mostly
on the back of its high number of subscription additions.
T - Mobile reported quarterly
earnings and revenue that
beat analysts» expectations
on Tuesday.
But crossover sales were largely what drove GM's
earnings beat on Thursday, and the automaker's income was down because it had spent a lot of time retooling its factories — to build more trucks.
Oracle reported fiscal third - quarter
earnings on Wednesday that
beat analysts» expectations, as software revenue popped.
On Thursday, its parent company, Alphabet, posted
earnings that
beat analyst expectations, helping lift its share price 6 % for the week.
After Tesla reported
earnings on Wednesday,
beating Wall Street expectations with a modest $ 0.02 profit, CEO Elon Musk took questions from analysts.
The technology company reported
earnings after the bell,
beating expectations
on both its top and bottom lines.
The Utah - based bank holding company reported
earnings of 57 cents a share
on revenues of $ 116.9 million,
beating analyst expectations
on both top and bottom lines.
But if Amazon manages to show a sizable
earnings beat for its next report
on July 27, Bezos could become the world's richest person even sooner than that.
The
earnings beat was positive overall, and it was helpful to hear details
on how Ford plans to improve its finances, said Jeff Windau, an analyst for Edward Jones.
Despite the weakness in CIBC results, it was the sixth big bank to
beat analysts» expectations
on adjusted
earnings per share in the quarter.
The world's largest producer of gasoline engines posted
earnings on Wednesday, delivering a 1 - cent
earnings beat off of an 83 - cent basis and revenue up just 1.2 percent year over year.
Yum China stock plunged nearly 7 percent after hours despite
beating estimates
on earnings.
The internet company
beat analyst estimates
on earnings and revenue.
Shares of E-Trade dropped about 2.2 percent after the bell, despite that the financial services company
beat Wall Street expectations
on top and bottom lines, reporting
earnings of 64 cents
on $ 637 million in revenue.
The record
earnings and margin
beat analysts» expectations of 3.65 billion euros in operating profit, based
on the median of 14 estimates in an Inquiry Financial poll for Reuters.
The real estate and railway holdings company
beat analyst expectations
on earnings, but fell slightly short
on revenue.
Morgan Stanley posted fourth - quarter
earnings and revenue
on Thursday that
beat analyst expectations
on strong results in wealth management.
Google parent company Alphabet just reported its first quarter
earnings,
beating analyst expectations
on both the top and bottom line.
Wells Fargo
on Friday reported an
earnings beat, helped by the new tax law.
Starbucks reported
earnings per share (EPS) of 58 cents,
beating street expectations by one cent,
on revenue of $ 6.07 billion.
One bright star
on a gloomy day was Alcoa's
beat on analyst expectations in its quarterly
earnings report
on Monday.
Earnings before interest, taxes and one - time items rose 20 % to 4.13 billion kroner ($ 652 million),
beating estimates of 3.82 billion kroner Sales rose 2 %
on a basis that excludes currency and acquisition effects, compared with analysts projections for growth of 3.2 % Debt reduced by 14 % to 21.9 billion kroner Carlsberg reduced its full - year forecast for gains from currency shifts to 50 million kroner from 300 million kroner.