See which stocks are posting big moves after the bell on February 27.
div > div.group > p:first-child"> L Brands shares fell more than 8 percent in extended trading after posting mixed fourth-quarter earnings and weak full-year guidance. The retail company posted $4.85 billion in revenue, compared to the $4.88 billion forecast by analysts. Earnings per share were $2.14, beating Wall Street's expectation of $2.07. L Brands sees 2019 earnings per share between $2.20 and $2.60, while analysts forecast earnings of $2.71.
Square issued light first-quarter guidance: earnings per share between 6 and 8 cents, compared to the estimated 11 cents. The company sees revenue between $472 and $482 million, in line with the Street's expectations. The stock is up about 41 percent year to date. Booking Holdings shares dropped 10 percent in after hours trading Wednesday based on mixed fourth-quarter earnings. The online travel company earned $3.21 billion in revenue, missing Refinitiv estimates of $3.22 billion. Earnings per share were $22.49, beating the forecast $19.42.
Fitbit shares fell more than 11 percent after hours Wednesday after giving weak first-quarter guidance. The company estimates revenue between $250 million and $268 million, lower than the expected $272 million, per Refinitv. Fitbit sees a first-quarter loss of 22 to 24 cents per share, steeper than the forecast loss of 15 cents.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Why Brands Are Flocking To Amazon AdvertisingIn response to more investment in an advertising offering, many brands are moving beyond just experimenting with Amazon advertising, and towards shifting budget from incumbents Facebook and Google. Here are 3 reasons why advertisers are finding Amazon compelling, as well as their biggest concerns.
Leer más »
Nestle and other brands pull YouTube ads over child exploitation fearsNestle and other major companies have pulled their ads from YouTube after a video blogger raised concerns that pedophiles were using the platform to trade information and draw attention to clips of young girls.
Leer más »
Kraft Heinz forecasts gloomy 2019, writes down value of iconic brandsShares of Kraft Heinz Co slumped 20 percent on Thursday after the food company p...
Leer más »
Why Brands Are Flocking To Amazon AdvertisingIn response to more investment in an advertising offering, many brands are moving beyond just experimenting with Amazon advertising, and towards shifting budget from incumbents Facebook and Google. Here are 3 reasons why advertisers are finding Amazon compelling, as well as their biggest concerns.
Leer más »
Wall Street doubts Kraft Heinz after it writes down two of its best known brandsKraft Heinz wrote down $15.4 billion in value on its Kraft and Oscar Mayer Brands in the fourth quarter. Wall Street analysts are doubting whether the company's cost-cutting strategy can work in today's competitive landscape.
Leer más »
Kraft Heinz shares tank after write down of two iconic brands, slashed dividend and SEC subpoenaKraft Heinz shares cratered yesterday after the company disclosed it has received a subpoena from the SEC. Warren Buffett’s Berkshire Hathaway lost more than $4 billion in a single day on the plunge. So, what went wrong with Kraft Heinz?
Leer más »
Why Brands Are Flocking To Amazon AdvertisingIn response to more investment in an advertising offering, many brands are moving beyond just experimenting with Amazon advertising, and towards shifting budget from incumbents Facebook and Google. Here are 3 reasons why advertisers are finding Amazon compelling, as well as their biggest concerns.
Leer más »
Ex-Trump lawyer brands US president ‘con man’ and ‘racist’Michael Cohen, once Trump's loyal attorney and fixer, has turned on his former boss and cooperated with special counsel Robert Mueller's Russia investigation.
Leer más »
Here comes L Brands, the owner of Victoria's Secret...L Brands, the owner of Victoria's Secret, is set to report fourth-quarter earnings after Wednesday's closing bell.
Leer más »