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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 23-33
  • 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...
  • Huntington Ingalls reports strong 2nd quarter profit

    Huntington Ingalls reports strong 2nd quarter profit
    The overall military drawdown has thrown a scare into some areas of the Hampton Roads economy, but a Thursday report from shipbuilding giant Huntington Ingalls Industries indicated smooth sailing for now. Second-quarter earnings rose 75 percent compared...
  • Target cuts profit estimate as data breach costs rise

    Target cuts profit estimate as data breach costs rise
    Target Corp cut its second-quarter earnings estimate due to a significant rise in costs related to a data breach last year and higher promotions and discounts to lure customers in North America. The third-largest U.S. retailer also warned of weak sales...
  • As Japan sales fall, North America powers Toyota's profit

    As Japan sales fall, North America powers Toyota's profit
    Strong sales in the U.S., favorable currency exchange rates and cost-cutting contributed to a healthy quarterly profit gain for Toyota Motor Corp. The Japanese automaker said Tuesday its net income rose 4.6% to 587.7 billion yen ($5.76 billion) for...
  • Target cuts forecast, pegs data breach costs at nearly $150 million

    Target Corp. lowered its second-quarter earnings forecast Tuesday and said expenses from its massive data breach probably would be close to $150 million. Promotional discounts in U.S. stores and weaker-than-expected sales in Canada led to the lower...
  • Potbelly posts 2Q results slightly ahead of weak forecast

    Potbelly posts 2Q results slightly ahead of weak forecast
    Potbelly Corp. posted a second-quarter profit that was slightly better than the sandwich chain suggested it would be in July, and said that is disappointed in results at longstanding locations. Potbelly said its priority is to increase visits to its...
  • Disney reports record profit for its third quarter

    Disney reports record profit for its third quarter
    The billion-dollar MyMagic+ technology initiative should start making a positive impact on Walt Disney Co.'s bottom line in its current fourth quarter, company executives told analysts Tuesday as they reported record third-quarter earnings. Disney...
  • Groupon shares tumble on 2Q loss, forecast cut

    Groupon shares tumble on 2Q loss, forecast cut
    Shares of Groupon tumbled 18 percent in early trading Wednesday as investors reacted to the company's widened second-quarter loss and reduced full-year earnings forecast.  Groupon's wider loss was due to higher taxes and expenses that overshadowed an...