November 19, 20240 Comments

Walmart hikes annual earnings outlook, beats Q3 estimates; shares jump By Investing.com

Walmart (NYSE:) shares rose over 3% Tuesday after the retail giant hiked its annual earnings outlook and reported better-than-expected Q3 results. The third quarter adjusted earnings per share (EPS) came in at $0.58, topping consensus expectations of $0.53. Walmart’s revenue for the quarter rose to $169.6 billion, also above the $167.67 billion estimated by analysts. Comparable sales performance in the US, excluding fuel, was strong across segments. Total (EPA:) US

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November 19, 20240 Comments

Walmart earnings beat by $0.05, revenue topped estimates By Investing.com

Investing.com – Walmart (NYSE: ) reported fourth quarter EPS of $0.58, $0.05 better than the analyst estimate of $0.53. Revenue for the quarter came in at $169.6B versus the consensus estimate of $167.67B. Guidance Walmart sees FY 2025 EPS of $2.42-$2.47 versus the analyst consensus of $2.45. Walmart’s stock price closed at $84.08. It is up 11.07% in the last 3 months and up 62.42% in the last 12 months.

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November 16, 20240 Comments

Trip.com ADR earnings beat by ¥0.12, revenue fell short of estimates By Investing.com

Investing.com – Trip.com ADR (NASDAQ: ) reported third quarter EPS of ¥7.05, ¥0.12 better than the analyst estimate of ¥6.93. Revenue for the quarter came in at ¥15.6B versus the consensus estimate of ¥15.63B. Trip.com ADR’s stock price closed at ¥59.49. It is up 38.64% in the last 3 months and up 67.81% in the last 12 months. Trip.com ADR saw 10 positive EPS revisions and 3 negative EPS revisions

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November 15, 20240 Comments

Alibaba shares rise as Q3 earnings top estimates By Investing.com

Investing.com — Chinese e-commerce giant Alibaba (NYSE:) Group Holding Ltd (NYSE: BABA) reported better-than-expected third-quarter earnings on Thursday, sending its shares up 3.2% in premarket trading. The company posted adjusted earnings per share of RMB15.06 ($2.15), beating analyst estimates of RMB14.79, but falling 4% year-over-year. Revenue came in at RMB236.5 billion ($33.7 billion), up 5% YoY but slightly below the consensus forecast of RMB239.97 billion. Alibaba’s core China commerce retail business

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November 13, 20240 Comments

Tencent Q3 revenue rises 8% on gaming strength, matches estimates By Reuters

BEIJING (Reuters) – Chinese technology giant Tencent Holdings (OTC:) posted on Wednesday a 8% rise in third-quarter revenue, driven by growth in its gaming business after the recent launches of new titles. Tencent, the world’s largest video game company and operator of the WeChat messaging platform, reported revenue of 167.19 billion yuan ($23.14 billion) for the quarter ended Sept. 30, in line with average analyst estimates of 167.8 billion yuan,

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November 11, 20240 Comments

Sapiens earnings missed by $0.05, revenue fell short of estimates By Investing.com

Investing.com – Sapiens (NASDAQ: ) reported third quarter EPS of $0.33, $0.05 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $137M versus the consensus estimate of $140.38M. Guidance Sapiens sees FY 2024 revenue of $541.00M-$546.00M versus the analyst consensus of $552.70M. Sapiens’s stock price closed at $39.45. It is up 13.53% in the last 3 months and up 59.85% in the last 12 months.

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November 8, 20240 Comments

Paramount Global misses revenue estimates on weak box office, cable TV declines By Reuters

(Reuters) – Paramount Global missed quarterly revenue estimates on Friday as a lack of big hits at the box office and declines in its cable business outweighed better-than-expected subscriber growth at its streaming service after the return of NFL content. Revenue at the TV media business, which includes CBS and MTV, fell 6% in the third quarter due to lower spending from advertisers, a drop in subscribers and absence of

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