Page 8 - Analyst Expectations News Today

Fast-food chain Wendy’s (NASDAQ:WEN) missed analysts' expectations in Q4 FY2023, with revenue flat year on year at $540.7 million. It made a non-GAAP profit of $0.21 per share, down from its profit of $0.22 per share in the same quarter last year.

2023 ended up much better than investors and the company had expected.

Cloudflare ( NYSE:NET ) Full Year 2023 Results Key Financial Results Revenue: US$1.30b (up 33% from FY 2022). Net loss...

French bank Societe Generale reported a sharp drop in fourth-quarter net income on Thursday, although the lender beat analyst expectations thanks to signs of recovery in its domestic retail business and stable investment bank trading revenue. Sales from trading in SocGen's investment bank slipped by 0.8%, the bank said, as a strong showing for equities offset a 22% decline in fixed income and currencies. SocGen has struggled recently, with its shares lagging rivals and analysts questionin...

Cirrus Logic's stock jumps, but the real story is behind the numbers. The chip designer is unfolding a more diverse strategy.

China's largest chipmaker Semiconductor Manufacturing International Corp (SMIC) on Tuesday reported a 55% fall in fourth-quarter profit, missing analyst expectations as it cited weak global demand and fierce industry competition. Unaudited profit attributable to owners of the company during the quarter came in at $174.68 million, down from $385.53 million in the quarter and missing the consensus estimate of $277 million, according to the LSEG poll of analysts. Revenue for the quarter rose...

Optimism in the air. The S&P 500 is up 4% so far this year, and the Q4 earnings results – we’re about halfway through the reporting season – have been better than expected. The conventional wisdom, and hints from the Federal Reserve, say that interest rates will start coming down later this year, and there’s a growing belief that the economy may have dodged the recession bullet. In his recent market strategy note, Oppenheimer’s chief investment strategist ...

It's been a good week for CMS Energy Corporation ( NYSE:CMS ) shareholders, because the company has just released its...

Apple on Thursday reported China sales that missed Wall Street targets, overshadowing overall sales and profit that beat analysts' targets, powered by iPhone growth. Apple Chief Financial Officer Luca Maestri indicated that revenue in the current quarter would be less than a year ago, when the quarter benefited from a post-COVID boost of about $5 billion in sales. Excluding that gain last year, total and iPhone revenue in the March-ending quarter would be similar to a year earlier, he tol...

Find out how AMD's earnings met expectations but still led to a stock price decline.