Articles by tag: quarterly earnings
Target’s recent quarterly earnings were unfortunately lackluster all-around, missing quarterly expectations with a profit margin of 3.9%, lower than its 5.35% estimates. Consumers’ dwindling confidence and tightening pocketbooks are likely to blame for a slow down in revenue for the retail giant; chairman and CEO of Target blamed “meaningfully” lower sales and profit margins […]
Latest
Articles
Are Uber & Lyft On the Road to Profit After Q2’s Earnings?
Earnings season is always a mixed bag, and Q2’s reports were no exception. Almost 50% of telecom companies missed their targets for the quarter, while companies like Home Depot, Salesforce and Spotify reported surprising over-performance. For leading rideshare companies, though, early August’s earnings were record-breaking and reframed a long-running narrative of persistently negative cash flow. […]