FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Stock Market Earnings Report on Macy’s, Inc., Lowe’s Companies, Inc., Nutanix, Inc. and Booking Holdings Inc.
Macy’s, Inc. (NYSE: M) shares jumped in premarket trading before continuing to trend down after the company’s poor 2019 was bailed out by last-minute holiday shopping, earnings $2.12 per share on revenues of 8.34 billion dollars and beating analyst estimates.
Lowe’s Companies, Inc. (NYSE: LOW) then reported mixed results, beating earnings estimates yet disappointing with its revenue and forecast as the retailer is attempting to revive its business, earning 94 cents per share on revenues of 16.03 billion.
Then Nutanix, Inc. (NASDAQ: NTNX) shares dropped after the software company issues a discouraging forecast, even though it beat analyst estimates, losing 60 cents per share on revenues of 346.8 million.
Lastly, Booking Holdings Inc. (NASDAQ: BKNG) reported earnings of $23.30 per share on revenues of 3.34 billion dollars, beating analyst estimates yet still fell as its weak guidance was tied to the spreading coronavirus.
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