Consensus Expectations News Today

Shares of consumer products behemoth Proctor & Gamble (NYSE:PG) jumped 5.2% in the morning session after the company reported second-quarter results with EPS exceeding Wall Street's expectations. Looking ahead, full year EPS guidance was raised and now stands above Consensus expectations. On the other hand, volume and organic growth missed, leading to a slight revenue miss. Despite this, Proctor & Gamble maintained its top-line outlook for the full year with expectations for growt...

As the year slowly winds down, these three stocks haven't slowed, all trading near 52-week highs.

Avocado company Mission Produce (NASDAQ:AVO) missed analysts' expectations in Q4 FY2023, with revenue up 8.4% year on year to $257.9 million. It made a non-GAAP profit of $0.11 per share, down from its profit of $0.13 per share in the same quarter last year.

Just one-tenth of a percentage point was enough to trigger big moves in global markets that were some of the sharpest we've seen this year. The U.S. CPI came in flat for last month, against consensus expectations of a 0.1% rise. Next up is British inflation data, due at 0700 GMT.

"After more than a decade of easy money, we believe there are many known risks, but even greater unknowns that have yet to surface," JPMorgan said.

In the wake of 2022’s bear market, not many were expecting the bull market that defined the first half of the year to take place. But that was not the only surprise on offer. Also contrasting sharply with expectations set out at the start of 2023, Deutsche Bank analyst Bryan Keane notes e-commerce volumes have been “far more robust than expected,” and with all relevant metrics indicating resilience in online spending, this strength continued into 3Q23. As such, with PayPal&#...

CEO Evan Spiegel told employees in a memo that Snap could log more than 475 million daily active users and more than 20% in full ads revenue growth in 2024.

CEO Evan Spiegel told employees in a memo that Snap could log more than 475 million daily active users and more than 20% in full ads revenue growth in 2024.

CEO Evan Spiegel told employees in a memo that Snap could log more than 475 million daily active users and more than 20% in full ads revenue growth in 2024.

Economists expect the US economy to have added jobs at a slower pace in June than in the month prior, while other key indicators like the unemployment rate and wage growth could still indicate a tight labor market.