Comparable Quarter News Today

Compass Minerals Announces Lithium Project Termination and Focus on Core Businesses

On Thursday, Amazon.com Inc (NASDAQ: AMZN) topped analyst estimates with its quarterly results thanks to a record holiday season. After earnings rebounded, Amazon also guided for accelerating cloud growth. Fourth Quarter Had A Record-Breaking Holiday Season For the quarter that ended on December 31st, the Seattle-based company reported its pre-tax earnings rebounded from 2022’s comparable quarter ($2.7 billion) to $13.2 billion, topping analyst estimates of $10.4 billion. Revenue also inc...

On Tuesday, Nio Inc (NYSE: NIO) reported a narrower-than-expected third quarter loss. Like other automakers in China, Nio was pressured to slash prices, thinning its margins, in response to the price war that Tesla Inc (NASDAQ: TSLA) ignited at the beginning of the year. Nio’s Third Quarter Highlights Nio reported revenue below estimates of 19.4 billion yuan as sales amounted to 19.1 billion Chinese yuan which is about $2.7 billion. On the bright side, revenue rose 47% YoY. Unfortunately,...

With quarterly earnings reports from Target (NYSE: TGT), as well as Home Depot (NYSE: HD), Walmart (NYSE: WMT), Macy's (NYSE: M), TJX Companies (NYSE: TJX), this week will bring valuable insights on consumers’ purchasing power and behavior. Target opened the retail earnings week by delivering an unexpected third quarter earnings beat despite declining sales. Its shares rose 15% upon the report during early trading. Target Blew Past Both Top And Bottom-Line Expectations As It Delivere...

Net Revenues and Net Income Surge by 38% and 177% Respectively

Last Tuesday, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) reported its revenue returned to double digit growth after more than a year. But although its revenue and earnings both topped estimates, Google-parent stock dropped as cloud revenue fell short. The downward trend was a contrast compared to the rising trend the share prices of its competitors experienced, namely of Microsoft Corporation (NASDAQ: MSFT), Amazon.com Inc (NASDAQ: AMZN) and Meta Platforms (NASDAQ: META). But today, the Google paren

Levi Strauss & Co (NYSE: LEVI) reported muted third quarter earnings while slashing its annual outlook again after already cutting its full year profit guidance three months ago. The iconic denim maker got dragged down by weaker shopping trends, both at department stores and big-box retailers across the U.S such as Macy’s Inc (NYSE: M), Kohl’s Corporation (NYSE: KSS) and Target Corporation (NYSE: TGT). A month ago, Target posted its first quarterly sales decline in six years d...

Although Tesla Inc (NASDAQ: TSLA) helped create the EV industry, both in the U.S. and China, it is now facing intense competition on both fronts. Fighting for market share, Tesla started a price war at the beginning of the year. Although price wars tend to eliminate weaker players from the race, Tesla rivals responded on both continents. Ford Motor (NYSE: F) lowered the price of its flagship electric pickup, F-150, and so did Tesla’s rivals in China, BYD Company Limited (OTC: BYDDY), Nio ...

Nio Inc (NYSE: NIO) reported a wider-than-expected second quarter loss amid its transition to an updated EV platform and worsening China economy. But EV startup is expecting the remaining half of the year to be better as it continues its efforts challenge the EV king Tesla Inc (NASDAQ: TSLA) and China’s best-selling EV brand BYD Company Limited (OTC: BYDDY) as well as its EV startup peers, XPeng Inc (NYSE: XPEV) and Li Auto Inc (NASDAQ: LI). Nio’s Second Quarter Highlights For the ...

A story of sharply divergent quarterly results that began with Target Corporation (NYSE: TGT) and The Home Depot Inc (NYSE: HD) struggling on one side, and Walmart Inc (NYSE: WMT) and The TJX Companies Inc (NYSE: TJX) thriving on the other, continued last week with Foot Locker Inc (NYSE: FL) and Urban Outfitters (NASDAQ: URBN). Last Wednesday, Foot Locker shares plunged 28% as the sneaker retailer slashed its outlook for the second time this year and reported another quarter of falling sales. Ev