Lululemon, GrubHub, Zoom, Crowdstrike & more



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Crowdstrike – Crowdstrike has announced a quarterly loss of 18 cents per share, or 5 cents less than the action planned by Wall Street. The cybersecurity company's revenues also exceeded analysts' expectations and Crowdstrike raised its outlook for the year. After the results, Zoom and Crowdstrike were under pressure, indicating investors' anxiety about potentially high valuations.

Costco – The warehouse retailer reported a 5.5% increase in same-store sales in August, exceeding Refinitiv's consensus estimate of 4.9%.

DocuSign – DocuSign posted a quarterly adjusted profit of 1 cent per share, below the consensus of 4 cents per share. Revenues, however, exceeded estimates and the electronic signature technology provider reported optimistic forecasts for the current quarter.

Beyond Meat – The plant-based hamburger maker was rated "underperforming" in the new hedge at D.A. Davidson, with a price target of $ 130 per share. The company said its view did not reflect a negative view of the company or its ability to run, but rather the size of the total addressable market and the number of potential repeat buyers.

Kellogg – Goldman Sachs has improved the grain manufacturer's shares to "buy" from "neutrals", anticipating faster sales of organic products and improved profit margins.

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