Thursday's batch of earnings saw a mixed bag of results from major players that were expected to make big moves in the market.
Among the losers were Fiat Chrysler Automobiles N.V. (NYSE: FCAU), which closed down 12 percent, and Twitter Inc (NYSE:
TWTR), whose stock tumbled after the company disclosed Daily
Active Users of 126 million, which was fewer than Snap Inc (NYSE: SNAP) by 60 million users.
Here's a list of the biggest reports from yesterday's session.
-
Cardinal Health Inc (NYSE: CAH) reported
quarterly earnings of $1.29 per share and quarterly sales of $37.7 billion, beating the analyst consensus estimate of $1.09 and
$36.13 billion respectively. Shares ended the day at $54.25, up 6 percent.
-
Dunkin Brands Group Inc (NASDAQ: DNKN)
reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.61. The company reported
quarterly sales of $319.6 million which missed the analyst consensus estimate of $329.99 million by 3.15 percent. Shares close
Thursday down about 3 percent at $66.79.
-
Expedia Group Inc (NASDAQ: EXPE)
reported quarterly earnings after the bell of $1.24 per share which beat the analyst consensus estimate of $1.08. The company
also reported quarterly sales of $2.56 billion which beat the analyst consensus estimate of $2.54 billion. Shares spiked up 9
percent after hours to a high of $144, though much of those gains have been given back.
- Shares of Fiat Chrysler are down 11.2 percent in the U.S. and 11.7 percent in Milan after the automaker's outlook rattles
investors. Fiat Chrysler reported Q4 EPS of 1.04 euros, versus 0.70 euros in the same quarter last year. Revenue for the quarter
came in at 30.62 billion euros vs. the consensus estimate of 29.21 billion euros. Shares closed down 12.22 percent to
$15.23.
-
Kellogg Company (NYSE: K) reported Q4
earnings of $0.93 per share. Though that beat the analyst consensus estimate of $0.88, it was still a drop from the $0.96 per
share from the same period last year. The company reported quarterly sales of $3.317 billion which missed the analyst consensus
estimate of $3.33 billion. Shares were trading at $55.84 at end of day, a 5.61 percent decrease.
-
Mattel, Inc. (NASDAQ: MAT) reported
quarterly earnings after the close of $0.04 per share compared to estimates of a $0.15 loss. The company also reported
quarterly sales of $744.5 million, a 10.1 percent drop compared last year. Analysts had expected sales of $829.6 million. The
stock was up 17 percent after hours, at one point reaching as high as $14.95.
-
Philip Morris International Inc (NYSE: PM)
reported Q4 earnings of $1.25 per share, beating the analyst consensus estimate of $1.17. The company reported quarterly sales
of $7.5 billion, which beat the analyst consensus estimate of $7.38 billion. Shares closed up 1.62 percent at $76.73.
-
T-Mobile US (NYSE: TMUS) reported
quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.70. The company also reported quarterly
sales of $11.4 billion which beat the analyst consensus estimate of $11.39 billion. Shares ended up at $68.28, up 2 percent.
- Twitter beat the analysts consensus estimate of $0.25, reporting quarterly earnings of $0.31 per share. The company reported
quarterly sales of $909 million which beat the analyst consensus estimate of $869.77 million. The stock closed Thursday at
$30.80, a whopping 9.81 percent drop.
-
Tyson Foods, Inc. (NYSE: TSN) reported
quarterly earnings of $1.58 per share and quarterly sales of $10.193 billion, beating the analyst consensus estimate of $1.57
and missing the consensus of $10.37 billion, respectively. Shares were down 1.28 percent to $60.12.
-
Virtu Financial Inc (NASDAQ: VIRT)
reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $0.53. Quarterly sales were
$442.246 million, which beat the analyst consensus estimate of $269.84 million. Shares of VIRT closed at $26.96, up 4.78
percent.
-
Yum! Brands, Inc. (NYSE: YUM) reported
quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.97. The company reported quarterly sales
of $1.558 billion which missed the analyst consensus estimate of $1.59 billion. The stock was initially punished on the news,
but closed the day essentially even from Wednesday’s close at $94.61.
Whether you're new to investing and looking to dive in or a seasoned vet wanting to beef up your portfolio, SureTrader can
help etch out your investment goals. Get hands-on help and daily insight into your financial future.
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.