-
Intel falls after earnings. What market analysts see next
Intel’s post-earnings slump has market analysts questioning the company’s near-term prospects. Intel reported Thursday weaker-than-expected third-quarter sales results, with the stock falling more than 10% on Friday to around $50 a share. The company blamed supply shortages for a slowdown in its PC business. While some say Intel squandered a chance to prove itself, others see hope on the horizon. Here’s what five market analysts told CNBC on Thursday following the report: Hightower chief investment strategist Stephanie Link decided not to wait it out in the stock: “This is one of the reasons why I sold it, because they’ve been
-
Goldman Sachs (GS) earnings Q3 2021
Goldman Sachs posted Friday third-quarter results that exceeded analysts’ expectations, as investment banking revenue surged nearly 90%, and the bank reaped record fees from equities financing. Here are the numbers: Earnings: $14.93 a share vs. $10.18 consensus estimate, according to Refinitiv Revenue: $13.61 billion vs. $11.68 billion consensus estimate Profit at the bank surged 63% to $5.28 billion, or $14.93 a share, as revenue climbed 26% to $13.61 billion. Shares of the New York-based bank rose 2.4%. Goldman — led by CEO David Solomon — has the world’s premier investment banking franchise, and analysts had expected strong revenue from booming
-
Boohoo’s earnings soar despite criticism of UK supply chain
A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. REUTERS/Dado Ruvic/Illustration/File Photo British online fashion retailer Boohoo reported a 37{a25bda0f8ab6dac90e68079d6f038584ef6ac53f1f4621de3ad526e35cd6c0d6} jump in annual core earnings, benefiting from the rise in digital shopping during the COVID-19 pandemic and weathering the negative publicity over its supply chain failings. In September, Boohoo (BOOH.L) accepted all the recommendations of an independent review that found major failings in its supply chain in England after newspaper allegations about working conditions and low pay in factories in the Leicester area. The
-
Encore Capital Group Inc (ECPG) Q1 2021 Earnings Call Transcript
Image source: The Motley Fool. Encore Capital Group Inc (NASDAQ:ECPG)Q1 2021 Earnings CallMay 5, 2021, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by. Welcome to the Encore Capital Group Inc Q1 2021 earnings conference call [Operator Instructions] Thank you. I’d like to turn it over to Mr. Bruce Thomas, Vice President for Investor Relations at encore. Sir, you can go ahead. Mr. Bruce Thomas — Vice President, Investor Relations Thank you, operator. Good afternoon, and welcome to encore capital group’s first
-
First Business Financial Services (FBIZ) Q1 Earnings and Revenues Beat Estimates
First Business Financial Services (FBIZ) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 51.35{a25bda0f8ab6dac90e68079d6f038584ef6ac53f1f4621de3ad526e35cd6c0d6}. A quarter ago, it was expected that this bank holding company for First Business Bank and First Business Bank-Milwaukee would post earnings of $0.57 per share when it actually produced earnings of $0.71, delivering a surprise of 24.56{a25bda0f8ab6dac90e68079d6f038584ef6ac53f1f4621de3ad526e35cd6c0d6}. Over the last four quarters, the company has surpassed consensus EPS estimates
