Latest Stories
Target (NYSE:TGT) Misses Q3 Revenue Estimates, Stock Drops 21.2%
General merchandise retailer Target (NYSE:TGT) missed Wall Street’s revenue expectations in Q3 CY2024 as sales only rose 1.1% year on year to $25.67 billion. Its non-GAAP profit of $1.85 per share was 19.6% below analysts’ consensus estimates.
Dycom (NYSE:DY) Reports Upbeat Q3, Provides Optimistic Revenue Guidance for Next Quarter
Telecommunications company Dycom (NYSE:DY) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 12% year on year to $1.27 billion. On top of that, next quarter’s revenue guidance ($1.22 billion at the midpoint) was surprisingly good and 13.9% above what analysts were expecting. Its non-GAAP profit of $2.68 per share was 16.1% above analysts’ consensus estimates.
Wix (NASDAQ:WIX) Reports Q3 In Line With Expectations, Stock Jumps 12.1%
Website design and e-commerce platform provider Wix.com (NASDAQ:WIX) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 12.9% year on year to $444.7 million. The company expects next quarter’s revenue to be around $460.5 million, coming in 0.7% above analysts’ estimates. Its non-GAAP profit of $1.50 per share was 5% above analysts’ consensus estimates.