Shares of Walmart
of the retail giant’s fiscal third-quarter financial results
Shares of Cisco Systems (CSCO) are up modestly in trading today after the networking equipment and software provider reported better-than-expected results for the October period. Revenue of $13.1 billion grew 8% year over year, greater than our 4% estimate. Total product sales (75% of the top line) were up 9%, Service revenue grew 3%, and product orders advanced 8%. Adjusted earnings per share came in at $0.75, $0.03 more than our forecast and 23% above the prior year's tally.
Shares of The Home Depot
(HD) fell slightly, even as the world's largest home-improvement retailer released better-than-expected fiscal third-quarter
(ended October 28th) results
and raised its outlook. The top line increased 5% from a year earlier, to $26.302 billion, a hair above our $26.250 billion forecast.
and Dow-30 component The Walt Disney Company closed
out fiscal 2018 in fine fashion
. The Parks & Resorts and Studio Entertainment businesses once again led the way. The stock was modestly higher in early trading.
Petroleum industry leader Chevron
(CVX) saw its shares rise nicely when the company reported
that third-quarter profit
s more than doubled. Earnings jumped to $2.11 a share
from $1.03 a year earlier. Our estimate was for $2.10. The company would have earned even more except for asset writedowns and unfavorable currency translation rates.
Apple shares came under pressure
on the heels of the tech giant's earnings report
for the fourth quarter of fiscal 2018 (ended September 29th). Results
for the period actually exceeded expectations
, but guidance
for the seasonally important December interim
was on the light side
. And Wall Street
with the company's decision
to no longer disclose
for its iPhone
, and Mac
Shares of oil giant Exxon Mobil
(XOM) got a lift when the company reported better-than-expected third-quarter earnings of $1.46 a share
. That was nicely higher than our estimates of $1.25 a share and a big jump from the $0.93 per share recorded in the previous year. Revenues also came in ahead of expectations. The industry as a whole has been turning in a very solid performance of late, thanks to higher oil prices during the June to September period.
of DowDuPont higher
after the diversified chemicals manufacturer releases
its third-quarter financial results
Beverage titan The Coca-Cola Company (KO) delivered solid results for its September quarter. Most notably, earnings rose 16% year over year, to $0.58 a share, beating our estimate by $0.02.
and Dow-30 component Pfizer
reported mixed third-quarter results
, and the stock headed lower