Your English writing platform
Discover LudwigExact(24)
Share prices tumbled by 13% after Amazon's earnings missing estimates and poor sales projections for the holiday period.
Elsewhere in finance: UBS's strong first-quarter earnings were overshadowed by the bank's wealth-management unit missing estimates.
The bank earned $407 million, or 88 cents a share, badly missing estimates from analysts, who projected earnings of $1.55 a share.
Some apparel stores were among the worst performers for December, missing estimates by big margins, including — American Eagle Outfitters (down 11 percent), Aéropostale (down 5 percent) and Gap-owned stores (down 3 percent).
Consistently Missing Estimates Every company goes through tough times.
"The catalyst came in [late] 1998, after eight quarters of missing estimates," Barnholt says.
Similar(36)
Fourth-quarter sales and earnings will also miss estimates.
The retailer missed estimates for the fifth consecutive quarter.
Kohl's slumped 6.4 percent after November sales missed estimates.
Dow Chemical dropped 10 percent after its earnings missed estimates.
[C6.] Tech Forecasts Weigh on Stocks Stocks fell after eBay and Qualcomm said profit might miss estimates.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com