All Posts Tagged With: "earnings guidance"
Deere & Co. (NYSE:DE) reported a better-than-expected fiscal third-quarter profit, surprising investors and analysts alike. The company reported that net income rose to $1.55 cents a share in the three months through June, up from $1.53 a year earlier. That was considerable higher than the 94-cent average expected by analysts polled by Bloomberg. The company […]
Slowing sales are continuing to affect Staples’ (NASDAQ:SPLS) bottom line. Staples posted a loss of $766 million, or $1.18 per share, for the second quarter of its fiscal year. In the same period a year ago, the company posted net income of $36 million, or 6 cents a share. The office supply giant said sales […]
JCPenney (NYSE:JCP) reported better-than-expected earnings for the second quarter of its fiscal year. The department store chain reported a 5 cent per-share loss on an adjusted basis. This translated to a loss of about $56 million in the last quarter. Analysts expected a 15 cent loss. The company reported a 41 cent loss in the […]
The Wendy’s Co. (NASDAQ:WEN) appears to be struggling with slowing sales growth. The company reported on Wednesday that same-store sales rose 0.4 percent in the second quarter. Analysts had expected 1.9 percent growth. Same-store sales rose 3.6 percent in the first quarter. Wendy’s had lower restaurant sales from company locations in the quarter due to […]
Caterpillar Inc. (NYSE:CAT) reported second quarter earnings that were better than expected on Tuesday. Caterpillar reported second-quarter net profit of $550 million, down from a revised $802 million a year earlier. The heavy machinery maker reported $1.09 in earnings per share, excluding restructuring costs. This was higher than analysts’ expectations of 96 cents, but lower […]
For the second quarter, ended June 30, Sprint Corp. (NYSE:S) posted a loss of $302 million, or 8 cents a share. Last year in the same quarter, the company lost $20 million, or a penny a share. Sprint’s revenue slid less than expected in the quarter. The company reported revenue of $8.01 billion for the […]