What you need to know: Yahoo saw a 4 % year - over-year drop in adjusted revenue to $ 1.04 billion,
missing analyst forecasts of $ 1.06 billion.
Not exact matches
Furthermore, Apple's overall fourth - quarter revenue of US$ 28.27 billion was more than $ 1 billion short of
forecasts; it was the first time Apple
missed analyst sales
forecasts since 2008.
The Franco - Dutch airline reported on Friday an operating result of 1.488 billion euros ($ 1.87 billion), up 42 percent but slightly
missing the average
analyst forecast for 1.53 billion euros in a company compiled consensus.
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.
COPENHAGEN, Feb 9 (Reuters)- A.P. Moller - Maersk's move to focus on transport and jettison oil was tested on Friday as the world's largest container shipping firm
missed profit
forecasts and gave what
analysts saw as a conservative outlook.
The economy contracted for a third consecutive quarter over October - December, shrinking 0.1 percent from the previous quarter and
missing analysts»
forecast of a 0.1 percent expansion.
Its stock fell after its sales
forecast missed analysts» estimates.
Southwest Airlines» quarterly revenue
missed analysts» estimates, hurt by a computer outage in July, and the company
forecast a key profitability measure for the fourth quarter to decline more than what some
analysts had expected.
Weak pricing was the biggest reason that Cenovus
missed on most
forecasts, said
analyst Travis Wood of National Bank Financial Markets.
But other retailers have been pushing the holidays earlier and earlier, looking to ensure that they won't
miss out on sales during a year when
analysts, on average, are
forecasting holiday spending to be up only about 2 percent to 3 percent from last year.
The company also
forecast net operating revenue at between $ 17.8 billion and $ 18.2 billion,
missing analysts» estimate of $ 18.90 billion.
The
analyst points out that a Dupixent
miss this early in the launch is disappointing and could foreshadow a slower than
forecast ramp.
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.
Auto sales in February
missed analysts»
forecasts and were down from January.
But how many
forecasts did those
analysts miss before they got that one right?
The pressure to meet and beat
analysts»
forecasts, where
missing earnings expectations may lead to significant stock price declines, often prompts management to focus on short - term quarterly earnings.