The $ 9 million of revenue reportability included $ 3 million of favorable revenue reportability in the second quarter of 2011 compared to $ 6 million of unfavorable revenue reportability in the current
year quarter resulting from certain financed sales not having met the downpayment requirement for revenue recognition purposes by the end of the quarter.
Not exact matches
At the same time, Foot Locker shares, already down sharply this
year, tumbled 25 % in heavy trading as the retailer reported that comparable sales fell 6 % in the second
quarter — a stunning
result given the 1.7 % increase expected by Wall Street, according to Consensus Metrix.
Technology sector
results so far at least from the likes of Amazon, Alphabet, Microsoft, Samsung and SAP have broadly beaten forecasts for the first
quarter, and overall aggregate U.S. earnings growth is tracking seven -
year highs of almost 25 percent.
«Starbucks Q3
results represent the best across - the - board third -
quarter performance in our 42 -
year history,» Starbucks» CEO Howard Schultz said in a statement.
Despite returning to profit growth last
year, investors sold off the company's stock after Exxon reported fourth -
quarter results that fell short of Wall Street's expectations.
Molson Coors CEO Mark Hunter tried to downplay the
results, noting they came in a small
quarter and as the entire U.S. beer industry had a softer - than - anticipated start to the
year.
On a conference call to discuss RIM's fiscal third -
quarter results in December, the co-CEOs revealed that their newest smartphone line, dubbed BlackBerry 10, will not be available until the latter part of the
year.
BP benefited from UK fiscal regime changes,
resulting an a $ 164 million tax credit in the third
quarter, compared with a $ 1.16 billion tax bill in the same
quarter last
year.
«It was our best
quarter ever for Apple Watch and when we add the
results from Beats and AirPods, our total revenue from wearables was up almost 70 percent
year - over-
year,» Maestri said.
While fourth -
quarter net income climbed 21 per cent from
year - ago
results depressed by a litigation charge, Its quarterly performance missed both analysts» estimates and the company's own expectations.
Ubisoft's first -
quarter results this
year got mixed reviews.
Columbia Sportswear Company Reports First
Quarter 2018 Financial
Results; Raises Full
Year 2018 Financial Outlook
You can opt to do it during a scheduled performance review or select another time that may seem like an opportune point in the
year to discuss a raise, preferably right after a great
quarter of financial
results.
During the first
quarter of 2016, Goldman reported its worst
results in four
years as revenue tumbled 40 %.
Every major gaming joint in the Nevada city reported worse
results in the third
quarter of this
year than in Q3 2008, when the stock market crashed.
Yum China: Up over 50 percent this
year, this recent Yum Brands spin - off has been putting up strong
results for the last several
quarters and Cramer expects no different on Thursday.
In the second
quarter —
results were released on May 13 — it posted revenues of $ 21.7 million, up 16 % over the
year before.
If managers wait till the end of the
quarter or
year to salute positive
results, employees may only barely remember the context.
On Tuesday, reporting fourth
quarter results, Verizon conceded that it would see no growth in wireless service revenue this
year due to the increasingly fierce price wars roiling the market.
After companies from cable giant Comcast to satellite TV titan AT&T, which owns DirecTV, reported their fourth
quarter results, the total number of pay TV subscribers dropped 3.4 % from a
year earlier, the highest rate of decline since the trend of cord cutting emerged in 2010, analysts at MoffettNathanson Research reported on Thursday.
* CP recently reported first -
quarter results that were much improved compared with a
year ago.
May 3 - Fannie Mae said on Thursday its net income rose to $ 4.26 billion in the first
quarter from $ 2.77 billion a
year ago as a
result of a hefty gain on its derivatives.
According to the GIIN survey, more than a
quarter of respondents were already tracking the
results of their investments within the framework of the UN Sustainable Development Goals only a
year after the goals were introduced, and another third said they planned to start doing so.
On the other hand, Barclays could see a 4 percent decline in third -
quarter pre-tax profits from a
year ago period when it releases
results on Thursday, Investec said.
There is a shred of hope for pay services to cling to in the MoffettNathanson
results, however: Namely, the fact that the third -
quarter figure was substantially better than the 605,000 fewer subscribers the firm reported in the second
quarter of this
year, news that helped to trigger a sell - off in television - related stocks.
On Monday afternoon, the tech giant reported third
quarter earnings that were 14 % below the same
quarter's
results last
year.
The demand woes are essentially tied to three main factors: Across the industry, retailers still had to unload food shipments from the fourth
quarter,
resulting in some delayed ordering at the start of 2017; executives also blamed a delay in tax refunds for hurting consumer demand during the
quarter; and then there was a shift in the timing for Easter — the holiday landed in March for 2016 but April this
year.
Despite PC shipments declining in 2016, IDC said that overall fourth
quarter shipment
results indicate a possible PC market rebound in the New
Year.
In its statement, Red Hat said the transaction should not materially affect
results of its second
quarter, ending August 31, or the fiscal
year ending February 28, 2018.
Kohl's, which will report full fourth
quarter results, slashed its full
year earnings forecast to $ 2.92 to $ 2.97 per share, down from its previous guidance of $ 3.12 to $ 3.32 per diluted share.
But that
result is actually a little bit better than what happened during the fourth
quarter of last
year when the economy shrank 6.3 percent.
The South Korean tech giant's third -
quarter earnings revealed a rebound after almost two
years of soft
results.
It earned $ 699 million more in profits and according to the financial
results of the second
quarter of fiscal
year 2014, worldwide sales net sales, U.S. net sales and international net sales had all increased.
Sales in that category nearly tripled last
quarter compared to a
year earlier, though the company declined to give specific
results.
«If numbers remain what they are today we will not improve our
results in the second
quarter versus the one of last
year,» chief financial officer Denis Petrin told reporters after the company's annual meeting.
LOS ANGELES — Netflix slashed its prediction for how many U.S. video - streaming subscribers it would add this
year after subpar third -
quarter results, causing a sharp sell - off in its stock in after - hours trading.
Agilent Technologies to Host Webcast of Second -
Quarter Fiscal
Year 2018 Financial
Results Conference Call
Numerous banks have seen tax write - downs in the billions in their fourth
quarter results due to the Republican - led tax overhaul passed in December of last
year, though the losses are expected to be one - offs.
Apple's fiscal
year ends in September, so to include the most recent reported
results, let's examine its financials for the past four, four -
quarter periods, ending with the 12 months running from June 2016 to June 2017.
The Blue Oval, under new CEO Jim Hackett, has broken with Detroit custom and will report its full -
year 2017 and fourth
quarter results after the bell on Wednesday.
Giving preliminary estimates for
results ahead of the meeting, Shell said its underlying fourth -
quarter earnings on a current cost of supplies basis would be between $ 1.6 to 1.9 billion, down from $ 3.26 billion a
year ago.
«While we are seeing solid U.S. fuel margins
year to date, this
quarter's
results were negatively impacted by volatility in the crude oil market, particularly in the southwest US,» he said in a news release.
«
Results are likely to be a bit uneven from
quarter to
quarter going forward,» Pane said in a statement, adding on a conference call that sales in the second half would be roughly comparable with the previous
year.
Apple's gargantuan net income has piled up over the
years,
resulting in a cash reserve of $ 267.2 billion as of the March
quarter.
The company had better - than - expected
results for its third
quarter as its revenue and profits improved compared with a
year ago.
Lululemon Athletica forecast lower - than - expected current -
quarter results, after posting a profit that was almost unchanged from a
year earlier.
The following first
quarter sales table provides
results by geography and product category, as well as the percentage change compared to the prior
year quarter on a reported basis and a constant currency basis.
The
results also showed that Uber cut its fourth -
quarter net loss by 25 per cent from the third
quarter as new CEO Dara Khosrowshahi moves to make the company profitable ahead of a planned initial public stock offering sometime next
year.
Meanwhile, numerous imbalances abroad could deliver shocks this
year, any one of which could
result in two
quarters of negative growth here — the technical definition of a recession.
Under Previous Standards, Adjusted EBITDA for the
quarter grew 14.9 % (11.5 % excluding the impact of FX movements) versus prior
year, primarily as a
result of an increase in Total Revenues.