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Earnings Forecasts

A collection of news and information related to Earnings Forecasts published by this site and its partners.

Top Earnings Forecasts Articles

Displaying items 12-22
  • Hershey boosts candy prices as food costs rise

    Hershey boosts candy prices as food costs rise
    Bad news for chocolate lovers -- your favorite indulgence is about to get more expensive.  Hershey Co., the nation's leading candy producer, said Tuesday it is raising prices of chocolates such as Kisses, Reese's, Mounds bars and other candies by 8%...
  • Abbott beats 2Q profit forecast

    Abbott Laboratories Inc reported better-than-expected quarterly earnings on Wednesday as demand for its recently-recalled infant formulas began to recover and profit margins improved for other business segments. Sales of nutritional products, the...
  • Webster Financial Posts Higher Quarterly Profits

    The Waterbury-based parent of Webster Bank posted higher second-quarter profits Thursday, with strong loan growth, especially among business borrowers. Webster Financial Corp. said net income for the quarter ended June 30 was $45.2 million, or 50 cents a...
  • GE Profit Rises 13%, Expects Retail Finance IPO By End Of July

    General Electric Co. reported a 13 percent jump in quarterly net income Friday on improved sales of its jet engines and oil and gas equipment, and said it was targeting the initial public offering of its private-label credit-card business for the end of...
  • McDonald's profit misses expectations in 2Q on flat sales

    McDonald's profit misses expectations in 2Q on flat sales
    McDonald’s Corp.’s CEO once again said the world’s largest restaurant company needs more time to show improvements, after missing Wall Street’s quarterly sales and profit expectations for the second consecutive quarter as it...
  • Lockheed profit tops forecast; Orlando results mixed

    Lockheed profit tops forecast; Orlando results mixed
    Despite a small drop in sales, Lockheed Martin Corp.'s big aircraft contracts helped it post a higher second-quarter profit that topped Wall Street's forecast, the company said Tuesday. The defense giant, based in Bethesda, Md., earned $880 million, up...
  • Potbelly shares plunge 25% on lower forecast

    Potbelly shares plunge 25% on lower forecast
    Shares of Chicago-based Potbelly Corp. lost roughly one-fourth of their value in Thursday morning trading, the day after the sandwich chain gave a bleak report on its latest quarter and slashed its expectations for the year. Some Wall Street analysts...
  • Target cuts profit forecast but better recent sales seen; stock rises

    Target cuts profit forecast but better recent sales seen; stock rises
    Target Corp. reduced its annual profit outlook Wednesday while reporting second-quarter earnings that plunged from a year earlier. The earnings report showed the Minneapolis, Minn.-based company is still struggling to recover from a massive data breach...
  • Stock in Busch Gardens' parent company tanks with disappointing earnings

    Stock in Busch Gardens' parent company tanks with disappointing earnings
    Stung by disappointing attendance at its parks in Orlando and San Diego, SeaWorld Entertainment Inc. said Wednesday it will continue battling controversy over its captive killer whales as it makes new investments in its attractions. SeaWorld discussed...
  • Deere to lay off 600 employees at four factories

    Deere to lay off 600 employees at four factories
    Deere & Co., the world's largest maker of farm equipment, said Friday it will lay off 600 workers at four Midwest agricultural-equipment factories, including two in Illinois, because of declining demand for its products. The plants are in Moline and...
  • Integrys cuts earnings forecast on deals, rough winter

    Integrys cuts earnings forecast on deals, rough winter
    Integrys Energy Group Inc. said it swung to a second-quarter profit as revenue soared, but its adjusted results were crimped by higher natural gas distribution costs. The Chicago company, which operates North Shore Gas and Peoples Gas, turned a profit...