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FedEx (FDX) Stock Gaining After Credit Suisse Raises Earnings Estimates
2015-06-18 23:15:58| Air Courier - Topix.net
The firm also introduced a fiscal year 2018 earnings forecast of $13.81 per share, according to the analyst note. "The EPS guidance will be supported by continued improvement in base pricing and volume growth as well as further progress on the profit improvement plan ," Credit Suisse analysts said.
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Oracle's profit and sales miss estimates
2015-06-18 02:49:07| IT Services - Topix.net
Oracle Corp.'s fiscal fourth-quarter sales and profit fell short of analysts' estimates, hurt by currency fluctuations and sagging sales of new products to new and existing customers. Revenue fell 5.4 percent to $10.7 billion in the period ended May 31, and profit before certain costs was 78 cents a share, the Redwood City, Calif.-based company said.
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Oracle profit, sales miss estimates on currency, licenses
2015-06-18 02:18:07| Telecom - Topix.net
Oracle's fiscal fourth-quarter sales and profit fell short of analysts' estimates, hurt by currency fluctuations and sagging sales of new products to new and existing customers. Revenue fell 5.4 percent to $10.7 billion in the period ended May 31, and profit before certain costs was 78 cents a share, the Redwood City, California-based company said in a statement.
Tags: sales
miss
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FedEx Falls With Quarterly Profit, Sales Trailing Estimates
2015-06-17 14:55:26| Air Courier - Topix.net
Earnings excluding some one-time items will be $10.60 to $11.10 a share in the fiscal year ending May 31, FedEx said Wednesday. FedEx Corp. slid in early trading after the operator of the world's largest cargo airline posted a fourth-quarter profit that trailed analysts' estimates.
Tags: sales
falls
profit
estimates
La-Z-Boy profit rises, revenue misses estimates
2015-06-17 00:05:06| Furniture - Topix.net
Furniture manufacturer and retailer La-Z-Boy Inc. said Tuesday that profit rose in its fiscal fourth quarter thanks to improved margins, but revenue fell short of estimates. The Michigan-based company last year stopped its domestic production of wood furniture, exited the hospitality business and started importing wood furniture.
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