The latest retail sales data indicated solid consumer health. Retail sales rose 0.1% in August versus economists' estimates for a 0.2% decline, according to Dow Jones. Excluding autos, the number also came in at a 0.1% increase, which slightly missed the 0.2% consensus forecast. While investor...
Sell-side forecasts call for Microsoft’s earnings growth to re-accelerate starting in the fiscal year ending June 2024. That year, consensus calls for earnings of$11.04 per share. This represents a nearly 16% increase compared to estimates for fiscal 2023. Even better, by fiscal 2025, analyst...
In a research note about Abbott's study, Bank of America analyst Travis Steed reiterated his buy rating on Abbott shares saying, "estimates for 2024 seem derisked and ABT's gross margin expansion gives room for upside along with its balance sheet." —Christina Cheddar Berk Tue, Nov 14 20233...
While AMZN beat on revenue, they missed earnings per share (EPS) estimates and projected slower sales for Q1 2023. In March 2023, CEO Andy Jassy and Amazon announced 9,000 more layoffs. While they claim the layoffs will create a ‘leaner’ Amazon, investors have their doubts. ...
The estimates from sell-side strategists put the average target for the S&P 500 at 4,902 for the end of 2024, implying an advance of 6.2% from Monday’s level, according to MarketWatch calculations of the data (see table below). That is below the average yearly return of...
Company goals are aspirational and not guarantees or promises that all goals will be met. Statistics and metrics included in ourESGdocuments are estimates and may be based on assumptions or developing standards.
Company goals are aspirational and not guarantees or promises that all goals will be met. Statistics and metrics included in ourESGdocuments are estimates and may be based on assumptions or developing standards.
Lululemon sees 2023 sales, profit above estimates on strong demand Chipmaker Micron forecasts in line quarterly revenue as AI boom fuels demand Lyft names new CEO, shares reversed course after hopes of a sale were scrapped US home prices fell in January for seventh straight month FAA head re...
"What remains encouraging to us is that the estimates for the remaining 493 are improving starting in the third quarter as growth rates for both the top of the market and the rest of the market normalize," Ryan Grabinski, director of investment strategy and quantitative research, wrote in a...
Shake Shack– The stock gained more than 15% after the burger chain's revenue topped estimates. Shake Shack earned 27 cents per share, excluding items, on revenue of $316 million, above the LSEG estimate of $314 million. Shake Shack also narrowed its full-year revenue estimate to between ...