Earnings estimates

FILE - In this May 16, 2018 file photo, a man enters the JC Penney store at the Manhattan mall in New York. J.C. J.C. Penney Co. (JCP) on Tuesday, May 21, 2019. reported a loss of $154 million in its fiscal first quarter. The Plano, Texas-based company said it had a loss of 48 cents per share. Losses, adjusted for one-time gains and costs, came to 46 cents per share. The results missed Wall Street expectations. (AP Photo/Mary Altaffer, File)
May 21, 2019 - 8:33 am
NEW YORK (AP) — J.C. Penney and Kohl's struggled during the start of the year, raising concern about the challenges for the department store industry ahead. Penney reported a wider than expected loss and sales declines during the first quarter while Kohl's cut its fiscal 2020 profit outlook as it...
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FILE - In this May 9, 2019, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 17. (AP Photo/Richard Drew)
May 17, 2019 - 4:17 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks ended the day lower on Wall Street Friday and notched their second-straight weekly loss as investors were whipsawed by contradictory reports on the Trump administration's array of trade fights...
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FILE - In this April 24, 2019, file photo a Walmart associate works at a Walmart Neighborhood Market in Levittown, N.Y. Walmart Inc. reports earnings on Thursday, May 16. (AP Photo/Mark Lennihan, File)
May 16, 2019 - 8:09 am
NEW YORK (AP) — Walmart delivered a mixed bag in the first quarter, beating Wall Street expectations on profit, but revenue fell short. The nation's largest retailer posted another quarter of same-stores sales growth Thursday, while e-commerce sales soared. There are challenges ahead, however, as...
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FILE - In this May 9, 2019, file photo traders Gregory Rowe and Benjamin Tuchman work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, May 15. (AP Photo/Richard Drew, File)
May 15, 2019 - 1:12 pm
NEW YORK (AP) — Stocks shook off an early slump and marched higher in afternoon trading Wednesday, led by solid gains in Microsoft, Facebook and Google. The flip-flop marked the latest reversal for a stock market that has been whipsawed by worries over the worsening trade relationship between China...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy's Inc. reports financial results Wednesday, May 15, 2019. (AP Photo/Bebeto Matthews, File)
May 15, 2019 - 8:19 am
CINCINNATI (AP) — Macy's is putting up its sixth consecutive quarter of rising comparable store sales thanks in part to another doubling of online sales. The Cincinnati department store on Wednesday reported a first quarter profit of $136 million, or 44 cents per share. That far exceeds Wall Street...
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FILE- In this March 12, 2019, file photo specialists James Denaro, left, and Mario Picone work at a post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 3. (AP Photo/Richard Drew, File)
May 03, 2019 - 3:23 pm
Stocks rose broadly on Wall Street in late-afternoon trading Friday, erasing the market's losses from a day earlier and placing the S&P 500 on track for its second straight weekly gain. Investors welcomed the government's latest snapshot of U.S. employment, which showed that job growth surged...
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FILE - In this March 18, 2019, file photo trader Craig Esposito, left, works with specialists Peter Mazza, center, and Vera Liu on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 2. (AP Photo/Richard Drew, File)
May 02, 2019 - 2:15 pm
Stocks fell broadly on Wall Street in afternoon trading Thursday as investors reviewed a mostly mixed batch of corporate earnings reports. Technology and communications companies accounted for much of the sell-off. Energy stocks took the heaviest losses as the price of crude oil slumped. Real...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health reports financial results Wednesday, May 1, 2019. (AP Photo/Rogelio V. Solis, File)
May 01, 2019 - 12:38 pm
Earnings power from a major acquisition helped raise CVS Health's profit 42% in the first quarter, and the company hiked its 2019 forecast after starting the year with a more pessimistic outlook. The drugstore chain and pharmacy benefit manager set a new full year earnings forecast largely above...
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In this Friday, April 26, 2019 photo, a box of RELPAX migraine pills manufactured by Pfizer are arranged for a photo in Doral, Fla. Pfizer Inc. reports financial results Tuesday, April 30. (AP Photo/Wilfredo Lee)
April 30, 2019 - 3:27 pm
Higher prescription drugs sales and restrained spending together gave drugmaker Pfizer a 9% jump in first quarter profit as it easily topped analysts' profit expectations. Investors drove up Pfizer shares $1.20, or 3%, to $40.79 in early afternoon trading. Sales of breast cancer drug Ibrance and...
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FILE - In this Aug. 8, 2018, file photo employees stand in McDonald's Chicago flagship restaurant. McDonald's Corp. reports financial results Tuesday, April 30, 2019. (AP Photo/Nam Y. Huh, File)
April 30, 2019 - 1:25 pm
CHICAGO (AP) — McDonald's turned to a sure thing in the first quarter, bacon, and it paid off. Global rose 5.4% at stores open at least a year, a key metric of a retailer's health. That beat Wall Street's forecast of 3.4%, according to analysts polled by FactSet. Bacon was a big driver. McDonald's...
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