. Dropbox earned 16 cents per share in the quarter, versus 14 cents per share as expected by analysts polled by Refinitiv. Revenue also beat expectations. CEO Drew Houston said the company now aims to be profitable by the end of 2020.— Chewy climbed more than 4.
8% after RBC Capital Markets upgraded the stock to outperform from sector perform. The firm's analyst said in a note to clients that the company could see significant improvement in its gross margins this year, bringing the e-commerce company closer to profitability. RBC has a price target of $38 per share for the stock, which is about 25% higher than where shares are currently trading.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stocks making the biggest moves after hours: First Solar, Dropbox, Fitbit and moreStocks making the biggest moves after hours: First Solar, Dropbox, Fitbit & more
La source: CNBC - 🏆 12. / 72 Lire la suite »
Deere rises after tractor-maker reports better-than-expected earnings, says farming stabilizingDeere beat earnings and revenue expectations for its fiscal first quarter. Bought by farmers, who thought things were going to get back to normal, after the trade war. Yet China is on lock down. Hmmmm.... thought that the tariffs were killing farming ? So farmers must think the subsidies will be long term so run up that debt. Need a tractor, charge it.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks making the biggest moves after hours: Imax, Pioneer, Zillow and moreStocks making the biggest moves after hours: Imax, Pioneer, Zillow & more
La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks making the biggest moves midday: E-Trade, Virgin Galactic, Zillow, Domino's Pizza & moreCheck out the companies making headlines in midday trading on Thursday.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks end lower but pare early lossesStocks ended lower Thursday, with the S&P 500 and Nasdaq Composite pulling back from record finishes posted a day earlier. Analysts said concerns over... Tomorrow’s headline: Forget Yesterday! Today the Hedge Founds and the Algo Trade succeeded to sustain the market, depite coronavirus damages and No Rates Cuts this year!
La source: MarketWatch - 🏆 3. / 97 Lire la suite »