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Earnings Earnings Announcements

  • NEW YORK _ Estee Lauder Companies Inc. on Friday reported fiscal fourth-quarter earnings of $229 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Seven analysts surveyed by Zacks expected $2.85 billion.

  • William Lauder

    Cosmetics maker Estee Lauder posted a higher-than-expected quarterly profit.

  • Net income attributable to the company rose to $229 million, or 61 cents per share, in the fourth quarter ended June 30, from $94 million, or 25 cents per share, a year earlier. Excluding items, the company earned 51 cents per share, beating analysts' average estimate of 43 cents per share, according to Thomson Reuters I/B/E/S. The New York City- based company's net sales...

  • NEW YORK _ Foot Locker Inc. on Friday reported fiscal second-quarter profit of $51 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share. Foot Locker shares have dropped 33 percent since the beginning of the year.

  • Aug 18- U.S. farm equipment maker Deere& Co on Friday reported a 31.3 percent rise in quarterly profit, and raised its full-year sales and profit forecasts for the third time. The net income attributable to Deere rose to $641.8 million, or $1.97 per share, in the third quarter ended July 30, from $488.8 million, or $1.55 cents per share, a year earlier.

  • A year ago the Moline, Illinois- based company earned $488.8 million, or $1.55 per share. Analysts surveyed by Zacks Investment Research were looking for earnings of $1.93 per share. Its adjusted revenue was $6.83 billion, which was short of the $6.88 billion that analysts polled by Zacks expected.

  • BIRMINGHAM, Ala. _ Hibbett Sports Inc. on Friday reported a fiscal second-quarter loss of $3.2 million, after reporting a profit in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. Six analysts surveyed by Zacks expected $190.9 million.

  • SHANGHAI, Aug 18- China stocks were largely steady on Friday, with investor optimism over strong corporate earnings and economic fundamentals offsetting some pressure to take profits from recent gains. This is supported by a number of factors including strong data, MSCI inclusion and continued reform, "said Pan Shaochang, an analyst at Dongguan Securities.

  • MOSCOW, Aug 18- TMK, Russia's largest maker of steel pipes for the oil and gas industry, said on Friday its first-half core earnings, or EBITDA, rose 2 percent year on year and would rise further in the second half due to stronger sales in the United States. TMK's first-half net profit was down to $23 million from $71 million a year ago, while revenue rose 27 percent to...

  • SHANGHAI, Aug 18- China stocks fell on Friday morning, as basic materials producers- which recently enjoyed major gains- are now getting hit by profit-taking, even when they have announced strong earnings. China CSI300 stock index futures for August rose 0.1 percent, to 3,717.4, 1.90 points above the current value of the underlying index. "The market is relatively...

  • Chinese e-commerce giant Alibaba's profits and valuations look "more sustainable than ever", says Gil Luria of D.A. Davidson & Co.

  • Ping An has developed advanced artificial intelligence and software tools to settle claims without human intervention, says James Garner, chief strategist, Ping An Insurance Group.

  • SANTIAGO, Chile _ LATAM Airlines Group SA on Thursday reported a loss of $138 million in its second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Cramer: Selloff not happening because of Trump

    Jim Cramer reacts to the market's various explanations for Thursday's pullback and reveals the one he thinks is the main driver.

  • *Old Navy sales again a bright spot. Aug 17- Clothing retailer Gap Inc reported better-than-expected second-quarter results and raised its full-year profit forecast, helped by strong demand for Old Navy products, fewer discounts and better managing inventory. Gap's same-store sales increased 1 percent in the three months ended July 29, rising for the third...

  • "Broader product portfolio in a growing spending environment for both semis and display is enabling solid revenue and earnings growth," Jagadish Iyer analyst at Summit Redstone Partners said. Revenue from Applied Materials' display business which makes displays for televisions, PCs and smartphones rose nearly 31 percent to $410 million beating estimates...

  • Cramer reveals the one retailer going after Amazon's Achilles heel

    Jim Cramer says Wal-Mart is the only retailer whose suppliers give it a viable way to compete head-to-head with Amazon.

  • Cramer rationalizes the sell-off — and says it's not happening because of Trump

    Jim Cramer reacts to the market's various explanations for Thursday's pullback and reveals the one he thinks is the main driver.

  • A cashier completes a purchase at a Walmart store in Burbank, California.

    Jim Cramer says Wal-Mart is the only retailer whose suppliers give it a viable way to compete head-to-head with Amazon.

  • Jim Cramer reacts to the market's various explanations for Thursday's pullback and reveals the one he thinks is the main driver.