on the release
of the retail giant’s fiscal second-quarter financial results
Networking equipment and software provider Cisco Systems
(CSCO) reported largely in-line results for the fiscal fourth quarter ended July 28, 2018
. First-quarter guidance was also as expected. The company notched its third-consecutive quarter of year-over-year revenue growth and investors are rewarding the consistency.
Shares of The Home Depot
(HD) moved slightly higher
world's largest home-improvement retailer reported better-than-expected fiscal second-quarter
(ended July 29th) results.
The top line increased 8.4% from a year earlier, to $30.463 billion, a bit ahead of our $30.350 billion forecast.
and Dow-30 component The Walt Disney Company
issued third-quarter results
after Tuesday’s closing bell. The stock
was little changed
despite the media company’s improved operating results
of DowDuPont slip modestly
of the diversified chemicals manufacturer’s second-quarter financial performance
Dow-component Apple are being bid up by investors
, to a fresh 52-week high, after the tech behemoth posted better-than-expected results
for the third quarter of fiscal 2018 (year ends September 29th) and provided an upbeat view of its near-term prospects. For the period, earnings came in at $2.34 a share, nicely ahead of our $2.18 estimate and an impressive 40% above the year-earlier tally.
New York-based drugmaker and Dow-30 component Pfizer
(PFE) reported second-quarter earnings of $0.65 a share
, versus $0.51 in the comparable period of 2017. The year-over-year improvement was driven primarily by reduced taxes (-12%) and higher revenues (+4%), partially offset by increased costs tied to production (+10%) and SG&A (+3%).
to Procter and Gamble’s June-quarter financial results
, as the stock price didn’t move much
. The earnings report
, however, was largely in line with
Shares of Caterpillar
(CAT) held relatively flat after the heavy equipment manufacturer reported surprisingly strong second-quarter results
. Sales of $14.01 billion rose 24% over the year-ago period and beat our $13.28 billion call, as the company benefited from favorable conditions in most end markets.
Petroleum industry leader Chevron
(CVX) has turned in improved
, but somewhat less than expected
, second-quarter profits
. Earnings per share of $1.78 more than doubled versus the prior year, as higher crude oil prices helped the bottom line notably.