Ulta Beauty posted its adjusted earnings of $5.70 per share for the quarter ended July, which exceeded the Zacks Consensus Estimate of $4.96 per share. Earnings were $4.56 per share a year ago. The beauty/cosmetics company’s revenues grew +16.8% from the year-ago quarter to $2.3 billion, and also topped the Zacks Consensus Estimate by 3.86%. Same-store sales rose +14.4%, well above the 10.5%...

Workday Inc. on reported its second-quarter results that surpassed analysts’ expectations. The enterprise cloud-software company incurred a loss of $64.2 million, or 25 cents a share, compared with net income of $105.7 million, or 41 cents a share, in the year-ago period. Its adjusted earnings, which exclude stock-based compensation, income-tax costs and other operating expenses, came in at...

Palo Alto Networks reported non-GAAP earnings of $2.39 per share for the three months ending in July ( its fiscal fourth quarter), which is +49.4% higher than the year-ago quarter’s figure. The cybersecurity company’s revenues came in around $1.6 billion, with billings up 44% from last year to $2.685 billion. Looking ahead into the coming fiscal year, Palo Alto Networks has projected revenues...

Macy's posted its second quarter earnings that surpassed the Street consensus. However, the retail company lowered its full-year profit forecast on inflation’s impact on consumer discretionary spending. The company ’s adjusted earnings for the three months ending in April fell 22% from the year-ago quarter to $1 per share, while beating analysts’ expectations of 85 cents share. Net sales fell...

Zoom Video Communications reported fiscal second-quarter adjusted earnings of $1.05 a share , topping 94 cents a share expected by analysts polled by FactSet. The company’s quarterly revenue came in at $1.1 billion, which is higher than $1.02 billion in the year-ago quarter. Analysts surveyed by FactSet had expected revenue of $1.12 billion. Zoom Video now projects full-year adjusted earnings...

Foot Locker's adjusted earnings for the three months ending In July plunged 50% from the year-ago quarter to $1.10 per share, but exceeded the Street consensus expectations of 81 cents per share. Revenues decreased 9% to $2.065 billion, vs. analysts' estimates of a $2.07 billion. Same-store sales fell 10.3%. For fiscal 2022, the company now projects earnings in the range of $4.25 to $4.45 per...

Globant SA reported second-quarter earnings of 87 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, came in at $1.22 per share, topping the $1.21 per share expected by seven analysts polled by Zacks Investment Research. The information technology company’s revenue in the quarter was $429.3 million, which exceeded expectations of $427...

Carlsberg posted second quarter sales of 20.51 billion Danish crowns ($2.81 billion), lower than the 21.6 billion expected by analysts in a poll gathered by the company. The Danish multinational brewer maintained its full-year guidance, after it earlier this month boosted its outlook for organic profit to “high single-digit-percentage” growth - after better beer sales in Asia and Europe...

Deere & Co. missed earnings expectations amidst rising costs, notwithstanding strong revenue growth. It also lowered its full-year profit outlook. The agricultural equipment maker’s sales of $13.0 billion for the quarter ended July 31 beat analysts’ expectations of $12.78 billion. However, earnings came in at $6.16 per share, below analysts’ estimates of $6.69 per share (based on Refinitiv...

Keysight Technologies posted adjusted earnings of $2.01 per share for the third quarter, surpassing the consensus expectations of $1.79. Revenue came in at $1.38 billion, beating the Street expectations of $1.34 billion. Growth was +10% year-over-year, and +13% on a core basis. The company’s revenue from Communications Solutions Group grew +11% from the year-ago quarter, on the back of solid...

Cisco posted adjusted earnings of 83 cents a share, topping analysts’ expectations of 82 cents a share. Revenue of $13.1 billion also beat expectations ($12.73 billion.). Cisco’s top business segment, Secure, Agile Networks, fell 1% to $6.09 billion during the fourth quarter. Product ($9.69 billion) and Service ($3.41 billion) businesses were flattish from the year-ago period. For the full...

Lowe’s reported earnings per share of $4.67, exceeding the Zacks Consensus Estimate of $4.63. Net sales fell -0.3% from the year-ago quarter to $27,476 million, missing the Zacks Consensus Estimate of $28,195 million. Same-store sales slipped -0.3% in the quarter. However, comparable sales for the U.S. home-improvement business rose 0.2% in the reported quarter, and pro-customer sales climbed...

Target posted its second quarter earnings that plunged almost -90%, while missing analysts' expectations. The retail giant’s earnings for the quarter came in at $0.39 a share, vs. $3.65 a share a year ago. The figure is also well below FactSet's consensus estimate of $0.79 a share. Revenue of $26.04 billion, up from $25.16 billion a year earlier. Analysts expected $26.03 billion. Gross margin...

Janus International Group, Inc. adjusted earnings for the second quarter came in at $0.17 per share, exceeding the Zacks Consensus Estimate of $0.14 per share. It was $0.21 per share a year ago. Revenues of $247.71 million beat the Zacks Consensus Estimate by 7.38%. It was also higher than the year-ago quarter’s $174.18 million. The company has topped consensus revenue estimates four times...

Absa Group headline earnings rose +27% to Rands 11 billion in the first half of the year, bolstered by revenue growth. The African financial services company’s revenue for the first half climbed +14%, on the back of growth across business segments, a rebound in the insurance business in South Africa, and rising interest rates across key markets. Absa’s net interest income rose +12%, and...

Walmart posted its fiscal second quarter earnings that exceeded analysts’ expectations, even amidst cooling off of consumers’ demand for discretionary items, The big box retail giant’s adjusted earnings came in at $1.77 per share, well above the $1.62 expected by analysts’ polled by Refinitiv. Revenue of $152.86 billion was also higher than analysts’ expectations of $150.81 billion. The...

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Electric vehicle maker Rivian Automotive reported second-quarter revenue that exceeded Wall Street expectations. The electric vehicle maker’s adjusted loss was -$1.62 per share, compared to the -$1.63 per share loss anticipated by analysts. Revenue of $364 million came in higher than expectations of $337.5 million. Rivian reaffirmed its expectations to make about 25,000 vehicles in 2022, in...

Siemens AG posted a net loss of EUR1.66 billion ($1.71 billion) for the quarter ending June 30, compared to analysts’ forecast of EUR532 million loss according to consensus estimates provided by Siemens (as reported in MarketWatch). This is the German company's first quarterly loss since the fourth quarter of 2010, It had a profit of EUR1.35 billion a year earlier. Revenue for the quarter...

Brookfield Asset Management posted its second quarter earnings that surpassed analyst expectations, according to Zacks Consensus Estimate. For the quarter ending June, the company’s adjusted earnings came in at $0.84 per share, beating the Zacks Consensus Estimate of $0.73 per share. Earnings were $0.49 per share a year ago. Revenues of $23.26 billion for the quarter also beat the Zacks...