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Stocks fall after Morgan Stanley earnings miss estimatesStocks fell on Thursday after Morgan Stanley's latest quarterly results disappointed investors. Wall Street also grappled with uncertainty around the Chinese economy. Stock market is a damn rollercoaster. Goldman never lets Morgan Stanley in on the joke. It’s been a good year so far 🤞
Source: CNBC - 🏆 12. / 72 Read more »
Aurora stock falls as earnings show cannabis company’s investments are still the big earnersMassive demand for marijuana and a scramble to capitalize on adult recreational legalization in Canada generated more revenue for Aurora Cannabis Inc. but cost the company millions, according to results the company reported Monday after the market opened. They should just go buy Jamaica
Source: MarketWatch - 🏆 3. / 97 Read more »
Aurora Cannabis stock surges after earnings top $100 million, revenue nearly quadruplesShares of Aurora Cannabis Inc. surged 3.3% in premarket trade Monday, after the Canada-based cannabis company reported Monday fiscal first-quarter net earnings that rose to $105.5 million from $3.6 million a year ago, and from $79.9 million in the previous quarter. Total revenue rose 260% from a year ago and 55% from the previous quarter to $29.7 million, while cannabis revenue jumped 236% from last year and 65% from last quarter to $24.6 million. The average selling price per gram of dried cannabis grew 15% from a year ago to $8.39, while the cash cost per gram fell 12% to $1.90. For cannabis extracts, the net selling price per gram fell 26% to $12.12, while costs declined 22% to $1.45. Active registered patients rose 250% to 67,484. The company the jump in net earnings was primarily attributable to unrealized non-cash gains on derivatives and marketable securities. "The commencement of adult consumer use sales in Canada has been very successful for Aurora, with strong performance across all product categories and brands," said Chief Executive Terry Booth. "Given the strong unmet consumer demand evident across Canada, we are confident that our rapidly increasing production capacity will result in continued acceleration of revenue growth." The stock has rallied 58% over the past three months while the ETF MG Alternative Harvest ETF has climbed 22% and the S&P 500 has slipped 1.8%. Is it legal to own this stock? SimplyyGark Lmao it's getting dumped rn
Source: MarketWatch - 🏆 3. / 97 Read more »
Cardinal Health's stock surges after earnings, revenue rise above expectationsShares of Cardinal Health Inc. rallied 2.9% in premarket trade Thursday after the healthcare services company reported fiscal first-quarter profit and revenue that rose above expectations, boosted by strength in its pharmaceuticals business. Net income rose to $593 million, or $1.94 a share, from $115 million, or 36 cents a share, in the same period a year ago, with the naviHealth divestiture resulting in a gain of $503 million. Excluding non-recurring items, adjusted earnings per share came to $1.29, above the FactSet consensus of $1.08. Revenue increased 8% to $35.2 billion, beating the FactSet consensus of $33.7 billion. Pharmaceutical segment revenue grew 9% to $31.4 billion, well above the FactSet consensus of $29.8 billion. The company affirmed its 2019 adjusted EPS outlook of $4.90 to $5.15, which surrounds the FactSet consensus of $4.99. The stock has rallied 9.6% over the past three months through Wednesday, while the SPDR Health Care Select Sector ETF has gained 3.4% and the S&P 500 has slipped 1.5%.
Source: MarketWatch - 🏆 3. / 97 Read more »
Smith & Wesson gun maker stock soars 15% after earnings and revenue beat
Source: MarketWatch - 🏆 3. / 97 Read more »
Olive Garden owner's earnings top estimates, but revenue falls shortOlive Garden parent Darden Restaurants reported mixed financial results on Tuesday before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Netflix beat on earnings, but missed on revenues — Here's what three experts say to watch nowNetflix's stock dropped after the company beat earnings estimates, but missed on revenues. Here's what three experts say you should watch now: No... Bad road ahead for Netflix
Source: CNBC - 🏆 12. / 72 Read more »
Stocks set to fall at the open despite strong earningsU.S. stock futures traded lower on Thursday amid a flurry of corporate results, worries over China's economy and Brexit uncertainty. Or worries about Mad Max and her new found greed. Kazanç hikaye orospu evlatları oynuyor istediği gibi .allah belanızı versin karınızı kızınızı sikeyim kahbenin evlatları bi huzur vermediniz Volatile is Good.. stocks high all the time Sharktanks shuck them all. I like volatile better just sold all yesterday ha ha.
Source: CNBC - 🏆 12. / 72 Read more »