Earnings Estimates
Coverage of Earnings Estimates in the Nexus archive.
- CarMax beat earnings estimates but is facing falling used-car margins as new CEO unveils growth strategy
CarMax exceeded earnings estimates but experienced a $230 decrease in gross profit per retail used vehicle compared to last year's record. CEO Keith Barr introduced a four-pillar growth strategy to boost units and earnings.
- Small-cap stocks are rallying, but here’s why Wells Fargo says its better to sell than buy
The Russell 2000 is outperforming the S&P 500 in 2023, but Wells Fargo warns this trend is driven by declining earnings estimates for small-cap stocks. The bank advises investors to sell rather than buy amid concerns about deteriorating fundamentals.
- Nomura Shares Fall After Quarterly Earnings Miss Estimates
Nomura's shares declined following its quarterly earnings report, which fell short of market estimates. The earnings miss raised concerns about the company's financial performance and investor confidence.
- Tesla 1Q Earnings Beat Estimates Sending Share Higher
Tesla's first-quarter earnings exceeded market estimates, leading to a rise in its stock price. The strong financial performance highlighted the company's growing profitability and market confidence.
- BlackRock’s Jewell Says Earnings Estimates Are Overly Optimistic
Helen Jewell of BlackRock criticizes earnings estimates as overly optimistic. The comment highlights concerns about financial market expectations.