Financial Performance

Financial Performance

Workday Tops Q3 Estimates But Stock Dips 1.9%

CFO Robynne Sisco cautioned that the Scout RFP acquisition and new products launching next year would have a delayed impact on its results.

Matthew Heller
December 4, 2019
Banking & Capital Markets

U.S. Banks’ Earnings Drop 7.3% to $57B in Q3

It was the first quarterly decline in net income since late 2018 but the industry generated nearly $100 billion in new loans.
Financial Performance

China Tariffs to Eat Into Dollar Tree Q4 Profits

The discount retailer's shares fell more than 16% after it cut its outlook for the holiday season due in part to tariff costs.
Financial Performance

Pure Storage Shares Dive on Weak Guidance

Like other tech infrastructure suppliers, Pure is "seeing signs of a more challenging global business environment."
Financial Performance

Macy’s Posts First Comp Sales Drop in 2 Years

“The mall is getting more toxic," one analyst warns. "Mall traffic will likely continue to wane over the years ahead.”
Financial Performance

JCPenney Loss Narrows to $93M, Shares Jump

The ailing retailer's third-quarter results gave investors “some hope” that its turnaround efforts are “gaining traction.”
Financial Performance

Cisco Sees Revenue Drop Amid Weak Demand

First-quarter results beat analysts' estimates but the revenue guidance for the current quarter helped send Cisco shares down 5.1%.
Financial Performance

Gap Beats Estimates But Comp Sales Dip 4%

“We are not pleased with the third-quarter results and are focused on aggressively addressing operational issues," the struggling retailer says.
Financial Performance

Slaughterhouse Fire Singes Tyson Beef Sales

The largest U.S. meat producer missed fourth-quarter earnings estimates as beef sales volumes dropped 4.2%.
People

Gap Shares Dive on Old Navy Spinoff Doubts

The surprise resignation of CEO Art Peck has Wall Street "wondering whether the split could be delayed or abandoned altogether."
Accounting & Tax

Zillow Gets Boost From Home Sales Business

The company says its Q3 results show its shift into directly buying and selling homes is "gaining traction."
Financial Performance

Teva Shares Rise on Revenue Beat, Guidance; New CFO Named

The drug maker missed earnings estimates but "management appears to be executing as planned to close out the year."
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