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The Street Debates What To Do With Big Lots After Mixed Q4 Earnings
Monday, March 11, 2019 - 1:28pm | 589Retail chain Big Lots, Inc. (NYSE: BIG) last week reported fourth-quarter earnings that missed expectations on top line, but beat on the bottom line. The Street isn't fully convinced the company can sustain its growth rates moving forward. The Analysts Bank of America's Jason Haas...
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Is Dollar Tree A Bargain Stock After Q4 Earnings?
Thursday, March 7, 2019 - 4:05pm | 652Dollar Tree, Inc. (NASDAQ: DLTR) reported a top-and-bottom line beat in its fourth-quarter results and simultaneously said it will shutter 390 Family Dollar stores. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets' Scot...
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The Street Reacts To Target's Q4 Earnings, Analyst Day
Wednesday, March 6, 2019 - 5:36pm | 561Target Corporation (NYSE: TGT) followed up its fourth-quarter earnings report Tuesday with an analyst day presentation, which garnered a mixed reaction. Reasonable Earnings Growth Outlook One of the key highlights from Target's earnings report is 31-percent growth in digital sales and the...
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General Electric's Power Business Is Flickering, Company 'Long Way' From Seeing Turnaround
Wednesday, March 6, 2019 - 3:47pm | 464Wall Street is having trouble seeing the light when it comes to a turnaround for General Electric Co. (NYSE: GE)'s weak Power business. Powering Down Analysts said GE's Tuesday announcement of more coming financial woes in 2019 was worse than expected and the notion that the Power...
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Analysts Remain Skeptical Amid General Electric's Aggressive Asset Sales
Monday, March 4, 2019 - 8:41am | 817After a disastrous couple of years, General Electric Company (NYSE: GE) is off to a red-hot start to 2019, up 39 percent year-to-date. A large part of that market optimism has been based on GE’s successful asset sales in the first part of the year, but the obvious question for long-term...
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Analysts: Campbell's Soup Will Cool Down
Thursday, February 28, 2019 - 5:06pm | 345Campbell Soup Co. (NYSE: CPB) reported second-quarter results that beat expectations Wednesday, but analysts say the iconic company’s overall business isn’t exactly heating up. Campbell’s shares traded up by about 5 percent after the report of better-than expected earnings of...
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Best Buy Helped by Leasing Option, Investment In Services
Thursday, February 28, 2019 - 3:22pm | 558Best Buy Co. Inc. (NYSE: BBY) may be the quintessential big box store, but some outside-the-box thinking is helping the company’s performance in a tough industry, analysts say. Best Buy reported its most promising same-store sales figures in years and above-estimate earnings Wednesday, while...
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Under Armour Posts Q4 Earnings Beat, But Analysts Unconvinced
Wednesday, February 13, 2019 - 4:32pm | 792Under Armour Inc (NYSE: UAA) shares rose after the apparel maker reported a surprise fourth-quarter earnings beat. Still, several Wall Street analysts said in research reports that they're are unconvinced that Under Armour is an attractive buy. Wedbush Discouraged By Demand,...
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Was Amazon's Q4 A Game-Changing Thesis? The Street Debates
Friday, February 1, 2019 - 11:38am | 1116Amazon.com, Inc. (NASDAQ: AMZN) reported a clean beat across the board in its fourth-quarter results but management's commentary during the conference call spooked some investors. Here is a summary of how some of the Street's top analysts reacted to the print and conference call. The...
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Feinseth: Facebook Delivered A Blow To Skeptics And Critics
Thursday, January 31, 2019 - 12:49pm | 357Social media giant Facebook, Inc. (NASDAQ: FB) delivered a major blow to the skeptics and critics in its fourth-quarter results, according to Tigress Financial Partners' Ivan Feinseth. What Happened Facebook ended 2018 with full-year revenue growth of more than 30 percent despite many reports...
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Verizon Issues Q4 Print, 2019 Outlook: 4 Analyst Takes
Wednesday, January 30, 2019 - 4:42pm | 603Telecommunications giant Verizon Communications Inc. (NYSE: VZ) reported Tuesday with fourth-quarter results that fell short of expectations on the revenue line, but subscriber growth was strong. The Analysts Wells Fargo's Jennifer Fritzsche maintains an Outperform rating on...
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The Street Reacts To Caterpillar's First Notable Miss In Years
Tuesday, January 29, 2019 - 1:41pm | 898Heavy construction and equipment maker Caterpillar Inc. (NYSE: CAT) reported Monday with fourth-quarter results that fell short of expectations for the first time in around two years. Here's how the Street reacted. The Analysts Morgan Stanley's Courtney Yakavonis maintains an...
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The Street Mostly Agrees: Starbucks Print Shows 'Positive, Less Controversial' Quarter
Friday, January 25, 2019 - 2:04pm | 662Coffee chain Starbucks Corporation (NASDAQ: SBUX) reported Thursday afternoon with a top-and bottom-line first-quarter beat. Here's how the Street reacted. The Analysts Morgan Stanley's John Glass maintains an Equal-weight rating on Starbucks with an unchanged $70...
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The Street Breaks Down What's Next For Netflix After Price Hike
Wednesday, January 16, 2019 - 3:21pm | 580Netflix, Inc. (NASDAQ: NFLX) customers will be paying as much as 18 percent more for their streaming video subscription and Street analysts were mostly optimistic on the move. What Benefit Will It Bring? Netflix's announced a price increase of 13 percent to 18 percent depending on the...
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'Jaw-Dropping': Wall Street Reacts To Apple's Guidance Cut, China Business
Thursday, January 3, 2019 - 12:46pm | 1097Apple Inc. (NASDAQ: AAPL) cautioned investors Wednesday that its holiday quarter revenue is likely to come in "lower than anticipated." Here's how Street analysts are reacting to the guidance cut. The Analyst Wedbush's Dan Ives maintains an Outperform rating...