Estimates

Amazon’s gloomy holiday forecast misses estimates, shares fall 7%

(Reuters) – Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally. Boxes ready to be loaded onto a delivery truck move along a conveyor belt at the Amazon fulfilment centre in Baltimore, Maryland, …

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Facebook tops revenue estimates as FTC opens new antitrust probe

Facebook Inc. is still adding users and exceeding analysts’ estimates for advertising sales, showing that the size and power of its social network have so far been unhindered by new regulatory constraints and criticism of its business model. In its second-quarter earnings report, the company also disclosed that the U.S. Federal Trade Commission, which earlier …

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Alphabet sales top analyst estimates, calming growth concerns

Alphabet Inc. reported revenue that beat Wall Street expectations, calming concern about slowing growth at the heart of the internet giant. Second-quarter sales, excluding payments to partners, came in at $31.7 billion, Alphabet said in a statement. Analysts were looking for $30.8 billion, according to data compiled by Bloomberg. The Google parent also announced a …

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FY2019 EPS Estimates for HubSpot Inc (NYSE:HUBS) Lifted by Jefferies Financial Group

HubSpot Inc (NYSE:HUBS) – Equities researchers at Jefferies Financial Group increased their FY2019 EPS estimates for HubSpot in a research note issued on Thursday, September 5th. Jefferies Financial Group analyst S. Samana now anticipates that the software maker will earn ($0.74) per share for the year, up from their previous forecast of ($0.75). Jefferies Financial …

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Facebook brings back reach estimates for Custom Audiences

Facebook is reinstalling reach estimates for Custom Audiences, a tool that allows advertisers to estimate audience size for their Custom Audience campaigns. The company removed the tool in March, 2018 when researchers at Northwestern University discovered a vulnerability that made it possible to infer attributes of Facebook users via the tool. “People’s privacy is incredibly …

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