BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Stock Earnings'. (Return)

MarketWatch MarketPulseFeb 25, 2021
: VMware stock slips as earnings top Wall Street consensus view
VMware Inc. VMW shares slipped in the extended session Thursday even as the cloud-computing and virtualization software company's quarterly results exceeded the Wall Street consensus view. VMware shares declined 2% after hours, following a 2.2% drop in the regular session to close at $143.53. The company reported fourth-quarter net income of $791 million, or $1.87 a share, compared with $321 million, or 76 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $2.21 a share, compared with $2.05 a share in the year-ago period. Revenue rose to $3.29 billion from $3.07 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast $2.05 a share on revenue of $3.23 billion.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
: Zscaler stock rises as results, outlook top Street view (MarketWatch MarketPulse)

Yahoo BusinessFeb 25, 2021
Beyond Meat Stock Rallies On McDonald's, Yum Brands Deals; Q4 Earnings Mixed


MarketWatch MarketPulseFeb 25, 2021
: Shake Shack posts narrower-than-expected loss on quarter
Shake Shack Inc. SHAK shares ticked higher in the extended session Thursday after the fast-food restaurant chain turned in a narrower-than-expected loss for the quarter. Shake Shack shares rose 1% after hours, following a 5.1% drop in the regular session to close at $118.92. The company posted a fourth-quarter net loss of $19.4 million, or 50 cents a share, whereas it had recorded a net loss of $2.1 million, or 6 cents a share, in the year-earlier quarter. On an adjusted basis, Shake Shack lost 3 cents a share, versus adjusted earnings per share of 6 cents a year prior. The FactSet consensus was for an 11-cent adjusted loss per share. Shake Shack's revenue for the quarter rose to $157.5 million from $151.4 million, right in-line with the analyst consensus of $157.5 million.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseFeb 25, 2021
Etsy revenue more than doubles, crushes consensus estimate
Shares of Etsy Inc. were up more than 3% in after-hours trading Thursday after the online crafts marketplace easily topped expectations with its holiday-quarter results and issued an upbeat forecast. The company reported fourth-quarter net income of $149 million, or $1.08 cents a share, up from $31 million, or 25 cents a share, in the year-earlier quarter. Analysts surveyed by FactSet were expecting 59 cents in earnings per share. Etsy posted revenue of $617 million, up from $270 million a year earlier and more than $100 million ahead of the FactSet consensus, which called for $516 million. Etsy saw gross merchandise sales of $3.61 billion for the quarter, more than double the $1.66 billion that the company posted a year earlier. Analysts tracked by FactSet were modeling $3.08 billion. "Product enhancements and disciplined marketing investments worked together to increase buyer lifetime value, enabling us to increase spend in marketing while maintaining high return on investment," Chief Financial Officer Rachel Glaser said in Etsy's earnings release. The company expects $513 million to $536 million in first-quarter revenue, while analysts were expecting $383 million. Etsy shares have gained nearly 300% over the past 12 months as the S&P 500 has risen 22%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


TRENDING TAGS
StockGameStop Today market Earnings Dow
StocksGameStop Tech Bond making biggest
earningsQ4 Call Transcript Inc Stock
VaccineCOVID-19 Covid Johnson FDA Moderna
Covid-19vaccine Johnson FDA & Moderna
DowDown points Stock Market record
GameStopstocks stock Shares again surge
BondYields Stocks global sell-off yield
BidenOrder supply Administration Review chains
MarketStock stocks Bond Dow Snapshot

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2021 CEOExpress Company LLC