Finance Forex

Roku Beats Earnings Expectations but Wedbush Issues a Downgrade

Shares of Roku Inc. (ROKU)  rose 7.6% in trading Friday after the media streaming service reported adding 7.8 million subscribers in 2018 on its way to topping analysts’ fourth quarter top- and bottom-line estimates. Roku reported revenue of $275.7 million and earnings of 5 cents a share. Analysts were expecting revenue of $262.1 million and earnings […]

Finance Forex

Trade Desk Rises Sharply on Earnings Beat

Media marketing company Trade Desk Inc. (TTD)  was up 27% Friday following the release of the company’s fourth-quarter earnings that handily beat analysts’ estimates.  The Ventura, Calif.-based company reported fourth-quarter earnings of $39 million, or $1.09 cents per share on an adjusted basis, on revenue of $161 million. Analysts were expecting the company to report […]

Finance Forex

Diplomat Pharmacy Sinks After Delaying Earnings, Withdrawing Guidance

Diplomat Pharmacy Inc. (DPLO) said Friday it was postponing the release of its fourth-quarter and full-year 2018 earnings as it and its auditors finalize the level of an impairment charge. The company said its results and conference call have been pushed back to March 15. The company said it expects to file its 10-K for the fiscal year ended Dec. […]

Finance Forex

Zillow CEO Steps Down Following Fourth-Quarter Earnings Beat

Zillow Group Inc. (Z) shares were up 4.9% in premarket trading Friday following the company’s fourth-quarter earnings beat and the real estate service provider’s announcement that CEO Spencer Rascoff will be stepping down.  The company reported fourth-quarter earnings of 1 cent per share, topping analysts’ expectations that called for a break-even quarter. Revenue of $365.3 million also […]

Finance Forex

AutoNation Names New CEO; Shares Slip After Earnings Miss

Shares of AutoNation Inc. (AN) were falling Friday morning after the company missed Wall Street’s earnings estimates. The automotive retailer also announced it had named a new CEO to replace Mike Jackson, who’s stepping down. The stock was down 2.29% to $37.50 in premarket trading.  AutoNation missed earnings-per-share estimates, posting $1.02 in the fourth quarter of […]

Finance Forex

Baidu Shares Rise on Earnings Beat

Shares of Baidu (BIDU) rose 3.5% on Thursday after-hours after the Chinese search engine giant beat both earnings and revenue estimates for the fourth quarter. Baidu reported EPS of $1.92 per share on revenue of $3.96 billion, versus consensus estimates of $1.79 per share and revenue of $3.88 billion. “We are excited to enter the new year […]

Finance Forex

Roku Shares Jump on Earnings Beat

Shares of Roku Inc. (ROKU)  rose 5% after hours on Thursday after the media streaming service reported adding 7.8 million subscribers in 2018 on its way to topping analysts’ fourth quarter top- and bottom-line estimates.  Roku reported revenue of $275.7 million, yielding earnings of 5 cents per share. Analysts were expecting revenue of $262.1 million […]