Earnings

Pedestrians walk past a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | Getty Images L Brands reported earnings and sales for the holiday quarter that topped analysts’ expectations, as it prepares to take its Victoria’s Secret lingerie business private. Its shares were relatively unchanged in after-hours trading
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Virgin Galactic’s spacecraft Unity flies to its new home in at Spaceport America in New Mexico on Feb. 13, 2020. Virgin Galactic Virgin Galactic reported a larger-than-anticipated loss when it reported fourth-quarter results on Tuesday, although the interest from prospective customers in the company’s future spaceflights continued to climb. CEO George Whitesides told shareholders on
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Top management at global companies are clueless on the full extent of the coronavirus impact and how it will affect their companies in the coming months, a portfolio manager told CNBC Wednesday. Many firms have highlighted that their operations will suffer as a result of the virus and some have taken precautionary measures. But Pieter
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People walk outside a Lowe’s store in East Peoria, Ill. Daniel Acker | Bloomberg | Getty Images Lowe’s shares fell Wednesday after the company reported mixed fourth-quarter results, with sales weaker than expected, and provided a disappointing forecast. Shares were down more than 3% in premarket trading. Here’s what Lowe’s reported compared with what Wall
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A Home Depot store in Miami, Florida. Getty Images Home Depot is set to report earnings for the fourth quarter before the bell Tuesday and update investors on whether its significant investments in the company are paying off. Here’s what analysts expect, based on Refinitiv data: Earnings per share: $2.10, adjusted Revenue: $25.76 billion Same-store
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A.P. Moller-Maersk is the largest container shipping company in the world. Andia | UIG via Getty Images Shipping giant Maersk warned on Thursday that the coronavirus outbreak would weigh on earnings this year, compounding the woes of a container shipping industry already subdued by trade wars and an economic slowdown. Maersk, which reported a lower-than-expected
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