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Monday's Market Minute: Goodbye August, Hello September To Remember!
Monday, August 31, 2020 - 10:18am | 555This week brings four major focal points for traders and investors. We have two major stock splits, month-end activity, economic data to keep an eye on, and earnings – all of which have potential to move markets. Let’s begin with the stock splits many investors are talking about. It...
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9 Stock's Moving In Tuesday's After Hours Session
Tuesday, November 21, 2017 - 6:44pm | 381Gainers: GameStop Corp. (NYSE: GME) shares are up 4 percent after reporting a third quarter earnings and sales beat. Third quarter adjusted EPS came in at 48 cents, 5 cents higher than estimates. Sales beat estimates by $30 million, coming in at $1.99 billion. Axalta Coating Systems LTD (NYSE:...
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Retail Earnings Expectations: Ascena Vs. Urban Outfitters
Sunday, March 5, 2017 - 9:28pm | 584Earnings reports from two apparel retailers will be among highlights this week. Wall Street analysts expect earnings declines from both of them. However, top-line growth is anticipated from one of them. The big retailers have reported their latest quarterly results, showing varying degrees of...
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Mild Expectations For Best Buy And GameStop Earnings
Sunday, August 21, 2016 - 8:33pm | 733Upcoming earnings highlights include the latest results from two specialty retailers. Wall Street analysts are looking for earnings and revenue declines from both of them. Both have tended to beat earnings expectations in recent quarters. Many retailers have had their moment in the earnings...
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Retail Analyst On Abercrombie & Fitch CEO Departure: Former Guess CEO And Former Abercrombie COO Might Make Good Replacements
Tuesday, December 9, 2014 - 7:09pm | 231Speaking to Benzinga, Talented Blonde President and Retail Analyst Kristin Bentz offered a couple examples of retail industry veterans who might be good to replace departing Abercrombie & Fitch Co. (NYSE: ANF) CEO Michael Jeffries. The first name she mentioned was former Guess?, Inc. (NYSE...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 4:37pm | 2822U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...
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Memories Of March Return As Momentum Stocks Hit Hard
Tuesday, July 8, 2014 - 4:49pm | 1900U.S. stocks sold off hard with momentum stocks seeing larger losses with names like Twitter, Facebook, FireEye and others under-performed major indices significantly. The Fed's richmond President Jeffrey Lacker commented that U.S. inflation has bottomed and is moving towards its target...
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Michael Kors and Other Retail Stocks Recommended by Jefferies
Tuesday, June 4, 2013 - 2:02pm | 969Analysts at Jefferies are betting that, as the U.S. economy recovers, consumer discretionary spending will rise. They have recommended that investors buy Deckers Outdoor (NASDAQ: DECK), Fossil (NASDAQ: FOSL), Michael Kors Holdings (NYSE: KORS) and Tumi Holdings (NYSE: TUMI). Below we take a...
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Earnings Expectations for the Week of November 26
Sunday, November 25, 2012 - 2:19pm | 934While the holiday season is in full swing now, the earnings season is winding down. Perhaps the most prominent quarterly reports on this week's schedule those from Kroger, the country's largest grocery store chain, and Tiffany, the iconic purveyor of luxury goods. The consensus forecasts of...
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Earnings Expectations for the Week of August 20
Monday, August 20, 2012 - 12:33pm | 943Last week, big-box retailers Walmart (NYSE: WMT) and Home Depot (NYSE: HD) said their earnings and sales rose in the most recent quarter, and they both boosted their full-year earnings per share (EPS) guidance. More earnings reports are due from retailers this week, highlighted by second-quarter...
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Honda, Movado and Others Analysts Are Bullish On
Monday, May 14, 2012 - 6:41am | 1003Here is a quick look some dividend payers in the consumer goods sector that have a consensus recommendation of analysts of Strong Buy. The world's largest brewer, Anheuser-Busch InBev (NYSE: BUD), has seen its share price rise almost 31% in the past half year, despite pulling back a bit in the...
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Guess? Earnings Preview: Lower EPS, Higher Sales Expected
Tuesday, March 13, 2012 - 6:43am | 917Guess? (NYSE: GES) is scheduled to report fiscal fourth-quarter results tomorrow, March 14, after the closing bell. Investors have seen the company's net income fall year over year by an average of 2.3% over the past five quarters. But revenue has now risen for three straight quarters. Investors...
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Earnings Expectations for the Week of March 12 (URBN, ROST)
Sunday, March 11, 2012 - 11:04am | 1206Things will quiet on the earnings front this week. Perhaps the two most prominent quarterly reports will come from retailers and S&P 500 components Urban Outfitters (NASDAQ: URBN) and Ross Stores (NASDAQ: ROST). Analysts on average expect both companies to post year-over-year revenue growth of...
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Earnings Expectations for the Week of November 28
Sunday, November 27, 2011 - 12:38pm | 918The holiday shopping season is officially off and running. Though things will be pretty quiet on the earnings front this week, a handful of retailers are scheduled to share the results of their most recent quarters. These include Aeropostale (NYSE: ARO), American Eagle Outfitters (NYSE: AEO), Big...
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Guess? Earnings Preview: Double-Digit Revenue Growth Expected
Wednesday, August 24, 2011 - 7:09am | 646Guess? (NYSE: GES) is scheduled to report second-quarter fiscal 2012 results later today, after the markets close. Investors will be watching to see whether expansion in Europe and Asia will again offset domestic weakness and provide another positive earnings surprise, as it did in the first...