Costco, Tiffany and Michael Kors all report earnings on Wednesday, and "Fast Money" traders discussed how to play their stocks.
*Forecasts Q2 rev $270 mln- $274 mln vs est $272.4 mln. May 26 (Reuters)- Human resource software company Workday Inc forecast current-quarter billings below market expectations and reported a bigger quarterly net loss due to higher spending on marketing and product development. That number fell below market research firm FactSet StreetAccount's estimate of...
May 26- Digital video recorder maker TiVo Inc reported better-than-expected quarterly revenue and profit, helped by higher subscriptions. TiVo's set-top boxes are in high demand from cable users as they also allow access to online video services such as Netflix Inc, Hulu and Google Inc's YouTube. TiVo, whose clients include DirecTV, is trying to partner with...
May 26- Workday Inc's quarterly net loss widened by 3.6 percent as the human resource software company spent more on marketing and product development. The company, whose rivals include SAP SE and Oracle Corp, said net loss widened to $61.6 million, or 33 cents per share in the first quarter ended April 30, from $59.4 million, or 32 cents per share, a year earlier.
NEW YORK _ Fairway Group Holdings Corp. on Tuesday reported a loss of $8.5 million in its fiscal fourth quarter. The New York- based company said it had a loss of 20 cents per share. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
SAN JOSE, Calif.— TiVo Inc. attracted another 285,000 subscribers to its digital video recording technology during its fiscal first quarter, helping propel the company to a performance that exceeded analysts' projections. The results announced Tuesday lifted TiVo's slumping stock by more than 4 percent in extended trading. TiVo also announced it is buying...
May 26- Workday Inc posted a 57 percent rise in quarterly revenue, helped by strong subscription growth for its web-based human resource management software. The company's revenue rose to $251 million in the first quarter ended April 30 from $159.7 million a year earlier. Net loss widened to $61.6 million, or 33 cents per share, from $59.4 million, or 32 cents per...
May 26- Digital video recorder maker TiVo Inc's quarterly revenue rose about 7.2 percent, helped by higher subscriptions. TiVo's net income fell to $7.9 million from $8.1 million a year earlier. Net revenue rose to $114.7 million from $107.1 million.
Analysts expected Workday to take a loss of 8 cents per share on $244.7 million in revenue, according to Zacks Investment Research. The Pleasanton, California- based company is forecasting $270 million to $274 million in revenue in the second quarter, and raised its full-year forecasts slightly, to a range of $1.13 billion to $1.15 billion in revenue.
SAN JOSE, Calif. _ Nimble Storage Inc. on Tuesday reported a loss of $29 million in its fiscal first quarter. For the current quarter ending in July, Nimble Storage expects its results to range from a loss of 12 cents per share to a loss of 11 cents per share. Nimble Storage shares have decreased slightly more than 7 percent since the beginning of the year.
MUMBAI/ NEW DELHI, May 26- Tata Motors Ltd, India's biggest automaker by revenue, reported a surprise 56 percent drop in quarterly net profit on Tuesday, hit by cooling demand for its sleek Jaguar saloons and sporty Range Rovers in the key Chinese market. The company said it expected mixed economic conditions in China, the world's largest auto market, and other...
Stephen Furlong, airlines analyst at Davy Research, says that the market really liked the earnings guidance in Ryanair's latest numbers.
ATHENS, Greece _ StealthGas Inc. on Tuesday reported first-quarter net income of $5.8 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. StealthGas shares have risen 4 percent since the beginning of the year.
MONTREAL— MONTREAL— CAE Inc. on Tuesday reported fiscal fourth-quarter profit of $51.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Three analysts surveyed by Zacks expected $508.5 million.
Some of the names on the move ahead of the open.
MEMPHIS, Tenn. _ AutoZone Inc. on Tuesday reported fiscal third-quarter net income of $309.1 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $9.50 per share. AutoZone shares have risen 11 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 3 percent.
YAHUD, Israel _ Magal Security Systems Ltd. on Tuesday reported a loss of $450,000 in its first quarter. The Yahud, Israel- based company said it had a loss of 3 cents per share. Keywords: Magal Security, Earnings Report.
Ryanair has posted a 66 percent increase in full year profit. Mark Simpson, aviation analyst at Goodbody, evaluates its earnings.
DUBLIN— Europe's leading budget airline Ryanair has beaten forecasts again, reporting full-year net profits of 867 million euros, 66 percent higher than the year before. Ryanair unveiled a target for the fiscal year 2016 of between 940 million euros and 970 million euros. Many analysts said they expected Ryanair to beat that forecast, potentially breaching...
Neil Sorahan, CFO of Ryanair, says the Gulf carriers have "mopped up" all of the long-haul aircraft available and the Irish company would not be offering those flights soon.