Company News for Aug 23, 2024

Zacks Equity Research Published on August 23, 2024

Baidu Inc.’s (BIDU) shares tanked 4.4% after the company reported second-quarter 2024 revenues of $4,669 million, missing the Zacks Consensus Estimate of $4,736.62 million.
Shares of NetEase Inc. (NTES) plummeted 11.2% after the company posted second-quarter 2024 revenues of $3,507 million, lagging the Zacks Consensus Estimate of $3,650.11 million.
Shares of The Williams-Sonoma Inc. (WSM) tumbled 9.3% after reporting second quarter fiscal 2024 revenues of $1,788.31 million, below the Zacks Consensus Estimate of $1,815.23 million.
Advance Auto Parts Inc.’s (AAP) shares plunged 17.5% after posting second quarter fiscal 2024 adjusted earnings per share of $0.75, underperforming the Zacks Consensus Estimate of $0.97.

No ad available