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June 12, 2021

estimates

Illinois GOP lawmakers sue Democrats for using population estimates for redistricting

TheHill
USA TODAY – For more and to sign up click here Jordan Williams Illinois GOP lawmakers sued their Democratic counterparts Wednesday for using population estimates to create new legislative maps. The federal lawsuit from Illinois House Minority leader Jim Durkin (R) and Senate Minority leader Dan McConchie (R) allege that......

Stitch Fix shares soar as sales top estimates, styling service raises full-year outlook

CNBC
CNBC – For more and to sign up click here The Stitch Fix application for download in the Apple App Store on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard | Bloomberg......

Lululemon first-quarter sales rise 88%, topping estimates, as store traffic rebounds

CNBC
CNBC – For more and to sign up click here Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon Athletica said Thursday fiscal first-quarter revenue soared 88%, topping analysts’ estimates, as shopper......

Lenovo’s Q4 profit growth of 512% beats estimates

Reuters
The Lenovo logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/Illustration China’s Lenovo Group (0992.HK) on Thursday posted a better-than-expected rise of 512% in fourth-quarter profit, as more consumers working and studying from home powered demand for the world’s biggest maker of personal computers. Profit for the......

American Eagle is the latest apparel retailer to crush estimates as teens head back to the mall

CNBC
CNBC – For more and to sign up click here A shopper wearing a protective mask walks past a sale sign at an American Eagle Outfitters Inc. clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty......

Palo Alto Networks earnings exceed estimates amid worries about cybersecurity

CNBC
CNBC – For more and to sign up click here Nikesh Arora, CEO of Palo Alto Networks and formerly SoftBank Group Corp. President and COO, speaks during the SoftBank Academia Special Lecture with Chairman and CEO Masayoshi Son in Tokyo on October 22, 2015. KAZUHIRO NOGI | AFP | Getty......

Kohl’s sales jump nearly 70%, soaring past estimates, retailer hikes full-year outlook

CNBC
CNBC – For more and to sign up click here Vehicles sit parked in front of a Kohl’s department store in Ashland, Ky. Luke Sharrett | Bloomberg | Getty Images Kohl’s on Thursday reported first-quarter earnings and sales that topped analysts’ estimates, and raised its outlook for the full year,......

Home Depot crushes estimates, its sales jump 32.7% as customers rang up bigger purchases

CNBC
CNBC – For more and to sign up click here Customers wearing protective masks wait to check out at a Home Depot store in Pleasanton, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot on Tuesday crushed Wall Street’s earnings estimates as......

Imperial Brands revenue misses estimates on tepid U.S. retailer demand

Reuters
Packs of Gauloises cigarettes are on display in a tobacco shop in Vienna, Austria, May 12, 2017. REUTERS/Leonhard Foeger Imperial Brands (IMB.L) fell short of estimates for first-half profit and sales on Tuesday, hurt by lower retailer demand for cigarettes in the United States, though the tobacco company reiterated its......

Square sails past profit estimates as bitcoin volumes surge

Reuters
Jack Dorsey, CEO of Square and CEO of Twitter, speaks during an interview November 19, 2015. REUTERS/Lucas Jackson Payments firm Square Inc (SQ.N) handily beat Wall Street expectations for quarterly profit on Thursday, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its peer-to-peer payment service Cash......

Thomson Reuters tops first quarter revenue, operating profit estimates

Reuters
The logo of Thomson Reuters is pictured at the entrance of its Paris headquarters, France, March 7, 2016. REUTERS/Charles Platiau Thomson Reuters (TRI.TO) reported higher first quarter revenue and operating profit on Tuesday, helped by its three main divisions and a rebounding economy, saying full-year sales growth will be at......

Oil giant Saudi Aramco beats estimates with 30% hike in first-quarter profit

CNBC
CNBC – For more and to sign up click here Oil tanks at an oil processing facility of Saudi Aramco, a Saudi Arabian state-owned oil and gas company, at the Abqaiq oil field. Stanislav Krasilnikov | TASS via Getty Images Oil giant Saudi Aramco reported a 30% jump in net......

Dramatic increase in New York’s census numbers compared to estimates draws concern from onlookers

USA TODAY – For more and to sign up click here The unexpected increase in the New York state population that emerged in the 2020 U.S. Census is casting a shadow of doubt on the accuracy of the final data, experts warn. According to a preliminary analysis published this week......

Burger King parent’s earnings beat estimates as systemwide sales top 2019 levels

CNBC
CNBC – For more and to sign up click here Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019. Brendan McDermid | Reuters Restaurant Brands International on Friday reported quarterly earnings that topped Wall Street’s expectations......

S&P, Nasdaq 100 futures are higher after Apple & Facebook beat estimates

CNBC
CNBC – For more and to sign up click here U.S. stock index futures were mixed in overnight trading on Wednesday, after the major averages posted losses for the day. Futures contracts tied to the Dow Jones Industrial Average shed 3 points. S&P 500 futures advanced 0.2%, while Nasdaq 100......

Taco Bell parent Yum Brands tops earnings estimates fueled by U.S. sales growth

CNBC
CNBC – For more and to sign up click here A Taco Bell location in New York. Scott Mlyn | CNBC Yum Brands on Wednesday reported quarterly earnings that crushed analysts’ expectations as U.S. consumers returned to its restaurants. Shares of the company rose less than 1% in premarket trading. Here’s what......

BP beats first-quarter estimates on stronger commodity prices, improving oil demand

CNBC
CNBC – For more and to sign up click here BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images LONDON — British energy major BP on Tuesday reported stronger-than-anticipated earnings for the first quarter,......

AT&T beats revenue, wireless subscribers estimates

Reuters
April 22 (Reuters) – AT&T Inc’s wireless subscriber additions more than doubled first-quarter estimates, as the reopening of the U.S. economy after months of pandemic-led restrictions boosted its smartphone sales and media business, pushing revenue past Street targets. The company said on Thursday it added 595,000 net wireless phone subscribers......

AT&T beats revenue estimates as reopening helps phone sales

Reuters
The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid AT&T Inc (T.N) beat Wall Street revenue targets as the reopening of the U.S. economy following pandemic-linked restrictions boosted smartphone sales......

Chipotle earnings smash estimates as online sales overtake in-person orders

CNBC
CNBC – For more and to sign up click here A person wearing a protective mask and gloves exits a Chipotle restaurant in San Francisco, California, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday topped earnings estimates as the company’s digital sales......

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