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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 34-44
  • 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 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...
  • Ritz, Oreo maker Mondelez sees sales growing slower than rivals

    Ritz, Oreo maker Mondelez sees sales growing slower than rivals
    Mondelez International Inc. now expects its 2014 sales to grow at a slower rate than the global snack industry, as the company holds firm on raising prices, even though some rivals have not followed its lead and the higher prices have lead to weaker sales...
  • Walgreen stock plummets Wednesday. Here's why.

    Walgreen stock plummets Wednesday. Here's why.
    Before closing Wednesday’s trading down 14 percent at $59.21, shares of Walgreen plummeted as much as 16 percent after the Deerfield-based retailer revised its 2016 profit targets lower by $2 billion and said it would retain its corporate...
  • Horizon Pharma says CVS, Express Scripts may stop coverage of 2 arthritis drugs

    Horizon Pharma says CVS, Express Scripts may stop coverage of 2 arthritis drugs
    The arthritis pain drugs Duexis and Vimovo may not be covered by CVS Caremark or Express Scripts come January, drugmaker Horizon Pharma Inc. said in a filing Monday morning with the SEC. Deerfield-based Horizon Pharma said it was verbally notified...
  • Aetna's Earnings Beat Analysts' Expectations

    Aetna on Tuesday beat analysts' expectations for second-quarter earnings as the insurer had growth in membership, revenues and net income. Net income for the quarter was $548.8 million, or $1.52 per share, compared with $536 million, or $1.49 per share....
  • Harris Corp. profit meets Wall Street forecast

    Harris Corp. profit meets Wall Street forecast
    Lifted by a series of high-tech deals — from satellite technology to classified military systems — Harris Corp. posted a higher quarterly profit and level revenue on Tuesday, meeting the consensus Wall Street forecast for its fourth quarter....