Tag: misses

Nutanix Stock: Earnings Beat, While Revenue Outlook Misses. Shares Tumble

Nutanix (NTNX) reported fiscal third-quarter earnings and revenue that topped consensus estimates. July quarter revenue guidance for Nutanix stock came in well below expectations, sending shares tumbling. X Reported after the close on Wednesday, Nutanix earnings for the quarter ended April 30 were 28 cents a share on an adjusted basis vs. 4 cents a […]

German construction industry misses targets amid housing crisis

Houses for apartments are being built in Ostfildern. Housing construction in Germany again failed to gain momentum last year despite high demand, particularly in urban centres, according to the official figures released on Thursday. Bernd Weißbrod/dpa Housing construction in Germany again failed to gain momentum last year despite high demand, particularly in urban centres, according […]

Chinese EV Maker Li Auto Misses Q1 Revenue Expectations Despite Surging Vehicle Sales, Stock Tanks

Chinese EV Maker Li Auto Misses Q1 Revenue Expectations Despite Surging Vehicle Sales, Stock Tanks Li Auto Inc (NASDAQ:LI) reported fiscal first-quarter 2024 revenue growth of 36.4% year-on-year to $3.55 billion, missing the analyst consensus estimate of $3.84 billion. Adjusted net earnings per ADS was $0.17 missed the analyst consensus estimate of $0.35. The stock price dropped after the results. Vehicle sales […]

Warner Bros. Discovery misses earnings estimates amid greater linear TV struggles

Warner Bros. Discovery (WBD) reported first quarter earnings before the bell on Thursday that missed expectations on both the top and bottom lines as free cash flow jumped amid aggressive cost cutting while the company’s linear TV business continued to decline. Revenue came in at $9.96 billion, missing Bloomberg consensus expectations of $10.27 billion — […]