Amid a time where there are a lot of questions about the company’s future, VMWare beat analyst expectations with $1.02 in non-GAAP earnings per share compared to expectations The company reported $1.67 billion in revenue, up 14% year-over-year, beating expectations of $1.66 billion.
Both figures exceeded analyst expectations. That revenue figure is a nearly 60% increase over its previous tally from the year ago quarter. Jennifer Li, Baidu’s chief financial officer, commented, "We once again posted solid growth on the top and bottom lines even as we continued to invest.
Home builders Lennar, KB Home both missed on Q1 revenue. KB Home beats earnings expectations, misses on revenue Video at CNBC.com (Mar 26, 2019).
Analysts were expecting earnings of 38 cents a share on revenue of $250.8 million, according to Thomson Financial. The company also said it plans to buy back up to $200 million worth of stock by.
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Gaming revenue on this segment for the quarter was down 3%, to $3.595 billion, with Microsoft attributing lower console pricing and lower console sales as responsible to the decline. Microsoft has found strong growth in their digital ecosystem though, with Xbox software and services growing.
KB Home posted its first profit in almost three years on Tuesday, beating Wall Street estimates, but its shares fell as orders for its new line of smaller, cheaper houses came in lower than expected. The company, one of the top five U.S. homebuilders, reported earnings of $100.7 million.
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CBS surged past Wall Street expectations in the first quarter, reporting earnings per share of $1.34 on an Related Charlie Rose Sexual Misconduct claims skyrocket: washington post revenue in the quarter ending March 31 News of the big beat sent CBS shares up nearly 3% in after-hours trading.
Yahoo bested analysts’ expectations in the fourth quarter as it reported earning $0.32 per share and $1.22 billion in revenue on Monday. Analysts had estimated the internet portal to report a profit of $0.27 per share on revenue of $1.21 billion, according to a poll by Thomson Reuters.
Home construction takes a nosedive in January ASSOCIATED press cosmetics maker coty Inc. will take a $3 billion writedown. ASSOCIATED PRESS Spending on US construction projects fell in May, the first drop in six months, as home building fell.