wanderluster/E+ via Getty Images Listen below or on the go on Apple Podcasts and Spotify Jay Powell will speak Friday with markets looking for September cut. (0:18) High expectations for Target earnings. (4:51) X shuts down in Brazil. (5:54) The following is an abridged transcript: After two weeks that have seen the market swing from crazy to calm, the Fed steps up to the mic again. The Kansas City Fed will hold its annual Economic Policy Symposium in Jackson Hole, Wyoming starting Thursday. The key ...

Wall Street analysts expect Target (TGT) to post quarterly earnings of $2.17 per share in its upcoming report, which indicates a year-over-year increase of 20.6%. Revenues are expected to be $25.23 billion, up 1.9% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a com ...

PM Images Cirrus Logic (NASDAQ:CRUS) reported stellar revenue and earnings for its 1st fiscal 2025 quarter while guiding right in line with our exceptions with a caveat discussed later. The size and timing for the revenue gains hit our targets of at least flat year over year iPhone unit sales plus $1.5 ASP growth going forward. Our last article, Updating Cirrus Logic Revenue And Price Expectations For 2024 And Beyond, summarized future revenue estimates for Cirrus. Cirrus reported measurements which exc ...

Analyst Estimates for Q2 2024Q1 2024Q2 2023Revenue$25.21 billion$24.53 billion$24.77 billionDiluted EPS$2.14$2.03$1.80Net Income$1.00 billion$942 million$835 million Key Metric: Full-Year Outlook The midpoint of Target's projections for its full-year adjusted earnings per share (EPS) came in below expectations earlier this year, and JPMorgan analysts noted earlier this month that the retailer could be poised to "narrow down the top half of the range for both [comparable sales] and EPS." Expecting a downw ...

VANCOUVER, British Columbia, Aug. 15, 2024 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today announced the start of a detailed ground magnetic and gamma spectrometry geophysical survey and provided an update on exploration work at the Salvador Target (“Salvador”) area at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil. Thiago Diniz, ValOre’s V.P. of Exploration commente ...

Citi (NYSE:C) price target cuts often get outsized attention, especially considering the recent $6.4 trillion global stock market meltdown.The bank expects global GDP growth to drop to 2.2% in 2024 and then increase to 2.8% in 2025 under its “Slow Then Grow” thesis for 2024; Citi predicts the U.S. will lead the worldwide resurgence even if the economy slows down.Regarding the stock market, Citigroup projects that corporate profits will rise by 4% in 2024 and by 8% in 2025. The bank also implies that the Fed ...

IRVING, Texas, Aug. 14, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today announced a target to reduce Scope 1 and 2 emissions 42% by 2030, which aligns with its commitment to the Science Based Targets initiative (SBTi). The goal is included in the company's 2023 Sustainability Progress Report, published today. The report provides a detailed overview of the company's progress against key environmental, social and governance objectives throughout 2023, highlighting how its Scope 1 and 2 target ...

As Target Corporation (TGT) gears up to release its second-quarter fiscal 2024 results on Aug 21 before the opening bell, investors and analysts alike are keenly watching to see how the retail giant will navigate the current economic landscape. With the retail sector facing ongoing economic shifts and evolving consumer behavior, Target's performance in this quarter will be a crucial indicator of its resilience and adaptability.The Zacks Consensus Estimate for the to-be-reported quarter’s revenues is pegged ...

Target (TGT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 21. On the ...

Always pay close attention to new stock price targets from firms, like Needham. While the firm won’t always get it right, price upgrades are still worth paying attention to. Perhaps they’re seeing favorable industry trends that are impacting a covered stock. Maybe the financial health of a stock based on earnings or guidance is improving. Or, perhaps, they liked what they heard in a meeting with management. Whatever the case, it’s a good idea to look into the reasoning for a price upgrade.However, never use ...