Earnings surprises

FILE - This April 1, 2020 file photo shows a FedEx logo at a facility in Romulus, Mich. FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping. (AP Photo/Paul Sancya)
June 30, 2020 - 8:01 pm
FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping. FedEx's stock rose more than 9% in after-market trading following the results report. With...
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FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. U.S. auto safety investigators have found no apparent defect with the passenger air bag seat sensors in thousands of older General Motors sedans. The National Highway Traffic Safety Administration denied a 2013 petition filed by a private crash investigator seeking a formal investigation of full-size cars including the Chevrolet Impala from the 2004 to 2010 model years. (AP Photo/Matt Rourke, File)
May 06, 2020 - 9:41 am
DETROIT (AP) — General Motors' first-quarter net income fell 88%, but it still managed to make $247 million despite the arrival of the global coronavirus pandemic. U.S. automakers suspended production in much of the world in late March. For GM, that clipped revenue for the quarter by 6%, to $32.7...
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A person wearing a mask jogs past an Amazon Go store, Thursday, April 30, 2020, in downtown Seattle. Amazon.com is expected to announce earnings for the first quarter of 2020 at the close of markets Thursday, a report that is expected to be closely watched due to the effects of the coronavirus outbreak on the company. (AP Photo/Ted S. Warren)
April 30, 2020 - 7:13 pm
NEW YORK (AP) — Amazon’s sales soared in the first three months of the year, as more home-bound people shopped online amid the coronavirus pandemic. But getting millions of packages to shopper’s doorsteps is expensive. The rising costs pushed Amazon’s first-quarter profit down 29% and its earnings...
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FILE - This April 12, 2016 file photo shows the Microsoft logo in Issy-les-Moulineaux, outside Paris, France. Ongoing demand for Microsoft's cloud computing services help softened the blow of the coronavirus pandemic on the software giant's other products during the first three months of the year. The company on Wednesday, April 29, 2020 reported fiscal third-quarter profit of $10.75 billion, up 22% from the same period last year. Net income of $1.40 per share beat Wall Street expectations of $1.27 a share. (AP Photo/Michel Euler, File)
April 29, 2020 - 5:30 pm
Ongoing demand for Microsoft's cloud computing services help softened the blow of the coronavirus pandemic on the software giant's other products during the first three months of the year. The company on Wednesday reported fiscal third-quarter profit of $10.75 billion, up 22% from the same period...
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FILE - This Oct. 21, 2019, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reports financial results Tuesday, April 14, 2020. (AP Photo/Rick Bowmer, File)
April 14, 2020 - 7:59 am
Johnson & Johnson, anticipating significant impact from the COVID-19 pandemic, slashed its 2020 sales forecast by billions of dollars and also cut its profit expectations. It's one of the first major U.S. corporations to report first-quarter earnings and likely a harbinger of things to come as...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. Target reported strong fourth-quarter profits, though its sales were weighed down by weak toy and electronics sales during the crucial holiday shopping season. Target joins a string of other retailers, including Walmart, with disappointing sales during the shortest holiday shopping period since 2013. (AP Photo/Gene J. Puskar, File)
March 03, 2020 - 10:49 am
NEW YORK (AP) — Target Corp. offered a solid annual profit outlook on Tuesday and said that it hasn't seen anything related to the spreading new virus so far that would affect its financial targets. The outlook came as the discounter reported strong fourth-quarter profits, though its sales were...
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James Denaro monitors stock prices at the New York Stock Exchange, Wednesday, Feb. 26, 2020. (AP Photo/Mark Lennihan)
February 26, 2020 - 11:54 am
NEW YORK (AP) — Stocks rose solidly in midday trading Wednesday as investors regained an appetite for risk after two days of heavy losses. The sharp drops, which wiped out the market's gains for the year, were brought on by worries over economic fallout from the virus outbreak that originated in...
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James Denaro monitors stock prices at the New York Stock Exchange, Wednesday, Feb. 26, 2020. (AP Photo/Mark Lennihan)
February 26, 2020 - 10:22 am
NEW YORK (AP) — Stocks rose solidly in early trading Wednesday as investors regained an appetite for risk after two days of heavy losses. The sharp drops, which wiped out the market's gains for the year, were brought on by worries over economic fallout from the virus outbreak that originated in...
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February 21, 2020 - 4:23 pm
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Deere & Co., up $11.60 to $177.43. The farming machinery maker handily beat Wall Street's fourth-quarter profit and sales forecasts. First Solar Inc., down $8.73 to $50.59. The largest U.S. solar panel maker's fourth-...
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FILE - This May 3, 2019 file photo shows a Coach retail shop at the Citadel Outlets in Commerce, Calif. Tapestry, which owns luxury brands Coach and Kate Spade, reported, Thursday, Feb. 6, 2020, fiscal second-quarter results that beat Wall Street's expectations. However, the company cautioned that the virus outbreak in China is “significantly impacting” its business there. (AP Photo/Richard Vogel, File)
February 06, 2020 - 11:53 am
The luxury brand Tapestry handily beat quarterly profit expectations but warned that the virus outbreak in China is “significantly impacting” its business. The owner of Coach and Kate Spade said Thursday that the majority of its stores in China are now closed. Chinese health authorities have...
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