Page 26 - Consensus Estimates News Today

Hewlett Packard Enterprise (HPE) announced better-than-expected fiscal second-quarter results. Hewlett Packard is a multinational enterprise information technology company. Following the announcement, shares of the company declined 1.5% in Tuesday’s extended trading session. Revenues of $6.7 billion surpassed the Street’s estimates of $6.62 billion and jumped 11% from the year-ago period driven by healthy demand for its products. Adjusted earnings came in at $0.46 per share, beatin...

AutoZone (AZO), an American retailer of automotive parts and accessories, reported stronger-than-expected fiscal third quarter results. However, shares fell almost 2% on May 25. The company’s revenues of $3.7 billion surpassed the Street’s estimates of $3.26 billion and jumped 31.4% from the year-ago period. Earnings came in at $26.48 per share, beating the consensus estimates of $20.14 per share and soared 84% year-over-year. The increase in earnings was driven by stronger commerc...

Shareholders in Great Portland Estates Plc ( LON:GPOR ) may be thrilled to learn that the analysts have just delivered...

The pandemic’s ruinous implications for AMC (AMC) have been well-documented. The theater chain delivered its 4Q20 earnings report last week, unsurprisingly reporting downbeat results. However, the company managed a beat on the top-line, with revenue coming in at $162 million, ahead of consensus estimates by $20 million. Still, as an indication of what a struggle 2020 has been, the figure was 89% below the results from the same period in the previous year. With theaters shuttered or operat...

Shares of AMC Entertainment increased 6.5% in Wednesday’s extended trading session after the world’s largest movie theater chain operator reported stronger-than-expected 4Q revenues. AMC Entertainment’s (AMC) 4Q revenues of $162.5 million came in well ahead of Street estimates of $142.4 million. However, the top-line plunged 88.8% on a year-over-year basis, reflecting the adverse impact of the COVID-19 pandemic. The company said that it was operating 394 domestic theatres as...

Shares of Synchronoss fell 6.1% in Monday’s extended trading session after the company forecasted 2021 revenues that came in below consensus estimates. Meanwhile, the cloud messaging and digital solution and services provider reported better-than-expected 4Q results. Synchronoss (SNCR) reported a non-GAAP net loss of $0.19 per share in 4Q, significantly narrower than the Street’s estimate of a $0.53 loss per share. However, the loss widened on a year-over-year basis from $0.06 cent...

Shares of Splunk Inc. surged by 5.1% in after-hours trading on March 3 as the company posted 4Q results, which topped analysts’ estimates. The data analytics software company’s revenues generated $745 million, down by 6% year-on-year but ahead of consensus estimates of $682.2 million. Splunk reported non-GAAP net income per share of $0.38 that exceeded analysts’ expectations of $0.04. Splunk’s (SPLK) CEO Doug Merritt said, “We now have more than 500 customers i...

(Bloomberg) -- Latin American e-commerce powerhouse MercadoLibre Inc. is more than doubling its Brazilian investment this year, planning to deploy in 2021 the same amount it spent in the past four years combined.The firm plans to pour a record 10 billion reais ($1.8 billion) into Brazil in 2021, up from 4 billion reais last year, to be spent mostly on expanding its logistics network, said Commerce President Stelleo Tolda in an interview with Bloomberg News. Investments in other Latin American ma...

Zoom Video Communications reported earnings after market close on Monday.

Shares of Fastly dropped 15.5% yesterday after the cloud computing services provider offered 1Q 2021 guidance that missed the Street’s estimates. However, the company delivered better-than-expected results for the fourth quarter. Fastly (FSLY) reported an adjusted loss of $0.09 per share, compared to a loss of $0.10 per share in the year-ago period. Analysts were anticipating a loss of $0.11 per share. The company’s adjusted gross margin expanded 610 basis points to 63.7%, driven b...