Disney, Hole, Zillow, Dropbox, Amazon & extra
Walt Disney (DIS) – Disney reported quarterly earnings of $1.07 per share, 12 cents a share above estimates. Income additionally beat forecasts, boosted by a 52% improve in studio leisure income amid a powerful film field workplace efficiency.
Reserving Holdings (BKNG) – Reserving Holdings earned $45.36 per share for its newest quarter, beating the consensus estimate of $44.57 a share. The operator of Priceline and different journey web sites noticed its income are available in barely under Wall Road forecasts, nevertheless, and it gave a current-quarter earnings outlook that falls under analysts’ estimates.
Activision Blizzard (ATVI) – Activision Blizzard beat estimates by 9 cents a share, with quarterly revenue of 32 cents per share. The online game maker’s income was above estimates as nicely. Activision stated it noticed report progress in subscriptions in the course of the quarter, thanks largely to its World of Warcraft: Traditional recreation.
Take-Two Interactive (TTWO) – Take-Two earned $2.02 per share for its fiscal second quarter, above the consensus estimate of $1.69 a share. The online game firm’s income exceeded forecasts as nicely. The quarter’s efficiency was helped by robust outcomes for the corporate’s NBA, Grand Theft Auto, and Pink Useless Redemption video games. Take-Two additionally gave lower-than-expected steering for the present quarter.
Hole Inc. (GPS) – Hole stated CEO Artwork Peck is stepping down and might be instantly changed on an interim foundation by Robert Fisher, son of the Hole’s founders. That follows a number of years of sluggish gross sales for the attire retailer. The corporate can also be warning of a weaker-than-expected monetary efficiency for the present quarter.
Zillow (Z) – Zillow misplaced 12 cents per share for the third quarter, smaller than the 21 cents a share loss that Wall Road was anticipating. The true property web site operator’s income got here in above estimates, and it gave an upbeat forecast as nicely.
Dropbox (DBX) – Dropbox got here in 2 cents a share forward of estimates, with quarterly revenue of 13 cents per share. The cloud storage firm’s income was additionally above estimates. The corporate stated it’s benefiting from its new desktop app, which was launched in September, in addition to good outcomes from its Dropbox Areas collaboration software program.
Alibaba (BABA) – Alibaba is planning to launch its Hong Kong preliminary public providing within the final week of this month, in response to sources who spoke to Reuters. The China-based on-line retailer is hoping to lift as much as $15 billion within the providing.
Amazon (AMZN) – Amazon has reached a cope with Disney to hold the brand new Disney+ streaming service on its Fireplace TV gadgets.
HP Inc. (HPQ) – HP’s board isn’t satisfied that promoting the pc and printer maker to Xerox (XRX) is the correct transfer, in response to a Bloomberg report. HP confirmed earlier this week that it had spoken with Xerox a couple of potential enterprise mixture.
Teradata (TDC) – The information analytics firm stated CEO Oliver Ratzeberger has stepped down “by mutual settlement,” and is being changed on an interim foundation by Govt Chairman Victor Lund. The announcement got here as Teradata reported weaker-than-expected earnings and income for the third quarter, and sharply lowered its full-year steering.