Tag

Guidance

All articles tagged with #guidance

Intuit beats Q3 but TurboTax weakness drags shares as layoffs loom
business5 days ago

Intuit beats Q3 but TurboTax weakness drags shares as layoffs loom

Intuit posted a Q3 beat with revenue of $8.56 billion and adjusted earnings of $12.80 per share, led by strength in Global Business Solutions and Online Ecosystem, but the stock fell about 20% as investors priced in a weaker long‑term TurboTax outlook and a plan to cut 3,000 jobs (about 17% of the workforce) with $300–$340 million in restructuring charges. Management still raised full-year guidance, but flagged slower TurboTax growth ahead, with TurboTax Online units expected to decline ~2% and share of e-file tax returns to drop about a point, while TurboTax Live revenue is seen growing ~36% to $2.8 billion and paying users rising modestly.

business6 days ago

Target’s Q1 2026 Gains Cross-Sells, Lifts Full-Year Outlook

Target posted Q1 2026 net sales of $25.4 billion, up 6.7% year over year, driven by broad strength across merchandise categories and channels with digital sales up 8.9% and non-merchandise revenue up about 25%. GAAP and adjusted EPS were $1.71, with net earnings of $781 million, while gross margin rose to 29.0% and operating income was $1.14 billion. Capital expenditures reached $1.0 billion; dividends totaled $516 million and there were no stock repurchases in the quarter. The company raised its 2026 net‑sales growth outlook to around 4% and reiterated guidance toward high end of $7.50–$8.50 for full-year EPS, signaling disciplined, growth-oriented momentum for the year.

Target Q1 Beat as Shoppers Return, Raises Full-Year Outlook
business6 days ago

Target Q1 Beat as Shoppers Return, Raises Full-Year Outlook

Target beat Q1 estimates with revenue of $25.44B and EPS of $1.71, as same-store sales rose 5.6%—the first positive reading in five quarters—driven by stronger store and digital traffic (digital up 8.9%) and a surge in non-merchandise revenue. The company lifted its full-year net sales growth to about 4% and signaled EPS near the high end of the $7.50–$8.50 range; gross margin came in at 29%. Management cited broad category strength and ongoing investments in merchandising, guest experience, and technology (including Target Circle 360) as it advances its turnaround, with roughly $5 billion planned in capital expenditures for 2026.

Home Depot: Modest Q1 FY2026 Growth, Guidance Reaffirmed
business7 days ago

Home Depot: Modest Q1 FY2026 Growth, Guidance Reaffirmed

The Home Depot reported Q1 FY2026 sales of $41.8 billion (up 4.8% YoY) with 0.6% comparable sales growth; net earnings were $3.29 billion and adjusted EPS $3.43. It reaffirmed fiscal 2026 guidance: about 2.5%–4.5% sales growth, comparable sales roughly flat to +2%, gross margin ~33.1%, operating margin 12.4%–12.6%, and adjusted EPS up about flat to 4% from 2025, with capex ~2.5% of sales and ~15 new stores. The results reflect steady demand amid housing affordability pressures, as the company continues to operate ~2,361 stores and over 1,280 SRS locations with roughly 470,000 associates.

Home Depot rides resilient demand in Q1 2026, sticks to full-year outlook
business7 days ago

Home Depot rides resilient demand in Q1 2026, sticks to full-year outlook

Home Depot beat expectations in Q1 2026 with adjusted EPS of $3.43 on $41.77 billion in revenue and reaffirmed its full-year guidance of 2.5%–4.5% sales growth (up to 4% adjusted EPS growth). Net income was $3.29 billion GAAP, or $3.30 per share. The company notes core homeowners remain engaged but are deferring larger projects amid higher gas prices and weaker housing conditions, while expanding its pro-focused business—backed by acquisitions of SRS Distribution, GMS, and Mingledorff’s—to capture a roughly $700 billion pro market.

Airbnb Tops Revenue, Lifts Outlook Ahead of World Cup Surge
business18 days ago

Airbnb Tops Revenue, Lifts Outlook Ahead of World Cup Surge

Airbnb posted Q1 2026 revenue of $2.68 billion (up 18%) and adjusted earnings of 26 cents per share, missing the 29-cent consensus, with net income of $160 million. The company raised its full-year revenue growth guidance to the low-to-mid teens and anticipates strong summer demand for the FIFA World Cup, planning to host the most guests ever for an event. Gross bookings rose 19% to $29.2 billion and nights/seats booked climbed 9% to 156.2 million, while cancellations were slightly higher in EMEA and APAC due to the Iran conflict. A roughly 100-basis-point headwind is expected in Q2, though management remains optimistic amid continued momentum.

Datadog Soars After Q1 Beat and Upgraded Guidance
business18 days ago

Datadog Soars After Q1 Beat and Upgraded Guidance

Datadog delivered a strong Q1 beat with non-GAAP EPS of about $0.60 (up ~30% year over year) and revenue near $1.0 billion (up ~32%), prompting management to raise full-year 2026 revenue guidance to $4.30–$4.34 billion and non-GAAP EPS to $2.36–$2.44. The company also issued a Q2 revenue view of roughly $1.07–$1.08 billion. Cash flow and ARR metrics improved, with about 4,550 customers generating at least $100,000 in ARR, up 21% year over year, helping support a ~30% jump in Datadog’s stock.

AMD beats Q1 estimates on strong data-center demand, raises Q2 outlook
business21 days ago

AMD beats Q1 estimates on strong data-center demand, raises Q2 outlook

AMD topped Q1 expectations with EPS of $1.37 on $10.25B revenue, driven by data-center revenue of $5.8B (up 57% YoY), plus solid client and gaming results; it guided Q2 revenue of $10.9–$11.5B (above consensus). The company also previewed Helios, a rack-scale system blending GPUs and CPUs for data centers, as it competes for AI workloads. AMD’s stock rose about 6% on the news.

SoFi Slides After Solid Q1 Beats as Guidance Concerns Weigh
business27 days ago

SoFi Slides After Solid Q1 Beats as Guidance Concerns Weigh

SoFi Technologies posted a solid Q1 2026 with about $1.1 billion in revenue (up 41% YoY) and EPS of $0.12, keeping full-year revenue guidance around $4.66 billion. However, shares fell sharply as investors cited a weaker mix: fee-based revenue missed estimates, Banking-as-a-Service revenue declined 27% YoY after Chime ended third-party use, and management did not raise guidance amid headwinds. Despite rising loan originations (+16%) and customer growth (14.7 million), the stock traded lower on concerns about margins and forward guidance.

Ford poised for Q1 2026 results as earnings climb and restructuring costs roll in
business27 days ago

Ford poised for Q1 2026 results as earnings climb and restructuring costs roll in

Ford Motor is set to report Q1 2026 results after the close, with analysts eyeing 19 cents in adjusted EPS and $38.82 billion in automotive revenue. Ford also reiterated 2026 guidance of $8–$10 billion in adjusted EBIT, $5–$6 billion in adjusted free cash flow, and $9.5–$10.5 billion in capex, while booking about $19.5 billion in special items from a restructuring tied to EV investments. Investors will weigh potential impacts from geopolitical tensions, tariffs, Novelis production updates after fires, and any EV pullback charges alongside the earnings release. The company’s conference call is at 5 p.m. ET.

Starbucks rides earnings beat and higher guidance as Niccol's turnaround gains steam
business28 days ago

Starbucks rides earnings beat and higher guidance as Niccol's turnaround gains steam

Starbucks stock jumped after-hours on a Q2 beat and higher 2026 guidance, with adjusted EPS of $0.50 on $9.5B revenue and 6.2% global same-store sales, as CEO Brian Niccol’s turnaround gains momentum; the company also announced tipping options expansion and $1,200 annual bonuses for baristas and managers, lifting 2026 SSS growth to over 5% and EPS to $2.25–$2.45.