Foot Locker, Amazon, HP Inc., Autodesk and more



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Discover the companies that make the headlines before the bell:

Foot Locker – The shoe and sportswear retailer announced adjusted quarterly earnings of $ 1.53 per share, with missing estimates of 7 cents per share. Revenues were also lower than expected and same-store sales growth of 4.6% was lower than the 5.1% estimate of analysts surveyed by Refinitiv.

Hibbett Sports – Hibbett Sports posted adjusted earnings of $ 1.61 per share for the first quarter, up 29 cents from the estimates. The sporting goods retailer's business turnover also exceeded estimates, and a 5.1% increase in same-store sales was above the consensus forecast of a 1-point increase, 6%.

The Buckle – The accessories retailer fell 4 cents a share, far from consensus expectations, with a quarterly profit of 31 cents per share. Revenues, however, exceeded analysts' forecasts and same-store sales fell by less than 1.3%, as expected. Analysts expected a 2.4% decline in sales of compositions.

Amazon.com – Amazon shares will reach $ 3,000 between mid-2021 and mid-2022, according to a Piper Jaffray analyst report. Piper said this decision – which would represent a jump of more than 60% from current levels – is based on the fact that Amazon respects what it sees as conservative growth targets.

HP Inc. – HP Inc. reported adjusted quarterly earnings of 53 cents per share, up 2 cents from consensus estimates. Revenues from computer and printer manufacturers also exceeded Street's forecasts and published quarterly forecasts that were broadly in line with the consensus.

Hewlett Packard Enterprise – HPE gained 5 cents per share above expectations, with adjusted quarterly profit of 42 cents per share. The revenues of the business technology provider were, however, lower than analysts' estimates, but the company raised its financial targets for the full year.

Ross Stores – Ross stores posted adjusted earnings of $ 1.13 per share for the most recent quarter, one cent higher than estimated. The discount retailer's business figure also outpaced the forecast, but Ross has given lower-than-expected forecast for the current quarter, as it's attacking the underperformance of women's clothing as well than at higher freight and salary costs.

Deckers Outdoor – Deckers posted an adjusted profit of 85 cents per share for its last quarter, which is significantly higher than the consensus estimate of 8 cents per share. The shoe maker's revenues also beat Wall Street forecasts. Net results were helped by an increase in gross margins.

Autodesk – Autodesk posted adjusted earnings of 45 cents per share for the first quarter, down 2 cents from the bottom line. The software maker's revenue also fell short of expectations, but its results improved over the previous year's figures as its subscription revenues increased.

Intuit – Intuit exceeded the consensus forecast of 15 cents per share, with a tax benefit of $ 5.55 in the third quarter, per share. TurboTax software revenue also exceeded estimates and the company raised its guidance for the year.

Boeing – The Federal Aviation Administration is expecting Boeing's 737 Max fixed-jet jet to be approved for re-entry by the end of June, according to sources that spoke to Reuters. This follows a meeting on the 737 MAX Thursday bringing together more than 30 global air regulators.

Big Lots – Piper Jaffray is worried about the retailer's exposure to customs duties on goods from China.

Constellation Brands – Spirits and beer manufacturers were downgraded to the same weight as Morgan Stanley's "overweight", primarily valuation after a jump of 36% from the low of January 9th. Morgan Stanley also reports a possible slowdown in beer demand this summer.

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