#earningreport

GameStop announced a significant revenue drop for its second quarter, reporting $798.3 million compared to $1.16 billion a year earlier. This sharp decline reflects the ongoing transition of consumer preferences from physical video game sales to digital downloads, game streaming, and e-commerce...

ABM Industries (NYSE: ABM) delivered solid third-quarter earnings for 2024, marked by significant growth in key segments. Sales increased 3.3% year-over-year (Y/Y), reaching $2.09 billion, surpassing the consensus estimate of $2.037 billion. This growth was fueled by outstanding performance in...

Ulta Beauty (ULTA) delivered underwhelming second-quarter 2024 earnings, significantly missing Wall Street expectations. The beauty retailer reported revenue of $2.55 billion, falling short of the anticipated $2.62 billion. Earnings per share (EPS) were $5.30, also below the forecasted $5.50...

Nvidia (NVDA) is set to release its second-quarter earnings after the market closes on Wednesday, August 28. This report is expected to be a major market mover, and there are three critical factors to keep an eye on: ENTERPRISE BUSINESS GROWTH: Watch how Nvidia’s enterprise segment is...

H&R Block's stock experienced a significant surge after the company reported stronger-than-expected fourth-quarter earnings and announced several shareholder-friendly initiatives. The tax preparation firm revealed that its revenue for the quarter ending June 30 increased slightly to $1.06...

Overview: Cisco Systems Inc. has reported earnings that surpassed analysts’ expectations, despite a challenging environment marked by declining revenue and significant workforce reductions. The networking giant is navigating a period of transformation as it seeks to diversify its business and...

Palantir Technologies Inc. (NYSE) today announced financial results for the second quarter ended June 30, 2024. Q2 2024 Highlights Revenue Growth: Revenue grew 27% year-over-year and 7% quarter-over-quarter to $678 million. US Commercial Segment: US commercial revenue increased by 55%...

Snap Inc. forecast current-quarter results below expectations on Thursday, citing stiff competition from larger rivals such as Meta Platforms (parent of Facebook and Instagram) and ByteDance's TikTok. This has led to an 18% drop in its shares after-market. Jasmine Enberg, principal analyst at...

Apple (AAPL) surpassed analysts expectations for the third quarter, reporting an EPS of $1.40 on revenue of $85.5 billion, compared to the anticipated $1.35 EPS and $84.4 billion revenue. However, iPhone sales declined year-over-year, totaling $39.2 billion, short of last year's $39.6 billion...

Revenue: $12.83 billion, down 0.9% year-over-year, missing the Zacks Consensus Estimate of $12.92 billion by 0.70%. EPS: $0.02, compared to $0.13 in the same quarter last year, missing the consensus estimate of $0.10 by 80%. Key Metrics: Total Intel Products Group Revenue: $11.80 billion vs...

Overview: For the quarter ended June 2024, Qualcomm (QCOM) reported revenue of $9.39 billion, an increase of 11.1% over the same period last year. EPS came in at $2.33, compared to $1.87 in the year-ago quarter. The revenue represents a surprise of +1.79% over the Zacks Consensus Estimate of...

Meta’s Strong Q2 Performance Meta Platforms Inc. reported better-than-expected sales for the second quarter, achieving $39.1 billion compared to analysts’ estimates of $38.3 billion. This success, driven by effective AI-driven ad targeting, led to a 5% increase in Meta's shares during late...