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Tag Archives: Estimates

JPMorgan estimates that the market correction will be about half completed

(Bloomberg) – A number of indicators, including investor positioning prior to the recent market downturn, suggest that the drawdown is about halfway closed and, according to JPMorgan Chase & Co, less painful than the router last December will prove. analysis. "As the corrections are usually the largest, when the markets are expensive and over-obsessed and the market depth is low, …

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CrowdStrike Increases After Exceeding Estimates in First Quarter Results

CrowdStrike IPO on the Nasdaq Stock Exchange on June 12, 2019. Source: Nasdaq The CrowdStrike share rose by as much as 18% on Friday after the cybersecurity firm posted its revenue expectations in its first earnings report since the IPO. The rally increased the company's market capitalization by approximately $ 2.4 billion, which now totals $ 16.8 billion, according to …

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Levi Strauss falls as Denim Maker's earnings estimates

(Bloomberg) – Levi Strauss & Co. fell in late trading as earnings in its second quarter were impacted by higher advertising costs, headwinds and ongoing costs associated with the IPO. The denim maker on Tuesday posted a gain of 7 cents a share in the second quarter, analysts' estimates were lacking. The Company's revenue was impacted by, among other things, …

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Zoom Video Tops Guidance, earnings estimates; Stock rally of Investing.com

© Reuters. Investing.com – Zoom Video Communications (NASDAQ 🙂 rebounded in the hours after the IPO as the video platform company surpassed expectations of forecast and profit after a rise in customer growth. In its first report as The listed company Zoom Video earned $ 0.03 on revenue of $ 122 million, exceeding Capital IQ's expectations for a profit of …

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Giant Quest Diagnostics of Laboratory Testing estimates that nearly 12 million patients are affected by a data breach

A researcher examines blood test results in the Gorgas Memorial Laboratory in Panama City in 2016 (Stock Photo). Photo: Arnulfo Franco (AP) In a press release on Monday, the Clinical Lab Testing Titan, Quest Diagnostics, stated that an "unauthorized user" had access to personal information from approximately 11.9 million customers including some financial and medical data. According to NBC News, …

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Alibaba outperforms fourth-quarter earnings estimates, cloud revenue rises to over $ 1 billion

Alibaba Holding Co. (BABA – Get Report) posted stronger-than-expected fourth-quarter results on Wednesday as consumer growth in its online market increased and its collaboration with Starbucks (SBUX – Get Report), the Alibaba announced that diluted non-GAAP earnings for the three months ended March, the company's fourth fiscal quarter, were $ 1.27 per share, an increase of 39.5 % over the …

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Private payrolls surge by 275,000 in April, blowing past estimates

U.S. Pat. ADP and Moody's Analytics. Private payrolls grew by 275,000 last month, the biggest increase since July, when they are expanded by 284,000. Economists polled by Dow Jones expected private payrolls growth of 177,000. Services providing jobs increased by 223,000 in April, led by a gain of 59,000 positions in professional and business services. 53,000. Goods-producing jobs – which …

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