Forecasts news and trends

Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
Bank Regulation // May 05, 2020

Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic — more so than other financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy...

Stitch Fix Shares Nosedive Following Missed Q2 Forecast
Subscription Commerce // March 10, 2020

The online personal styling service Stitch Fix saw its shares plummet more than 30 percent on Tuesday (March 10) after the startup’s second-quarter sales for fiscal year 2020 missed analysts’ estimates, according to reports. Get the Full Story Complete the form to unlock this article...

Q4 Economic Readings May Show Growth, After All
Economy // December 03, 2019

From no growth to, well, growth. From economic doldrums to a healthy, if not robust, picture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Analysts Report Brisk Demand For Latest iPhone 
Apple // September 17, 2019

Pre-sales for Apple’s new iPhone are beating expectations and topping last year’s pre-orders for the same time period, Reuters reported on Tuesday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Interviews & Exclusives
Card Spend Pushes Amex Top/Bottom Lines Above Consensus

April 20, 2017
With Costco increasingly in the rearview mirror, American Express hurdled Street estimates, as members spent more both here and abroad.   

Quick Reads
Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough

May 05, 2020
Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic — more so than other financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

Stitch Fix Shares Nosedive Following Missed Q2 Forecast

March 10, 2020
The online personal styling service Stitch Fix saw its shares plummet more than 30 percent on Tuesday (March 10) after the startup’s second-quarter sales for fiscal year 2020 missed analysts’...

Analysts Report Brisk Demand For Latest iPhone 

September 17, 2019
Pre-sales for Apple’s new iPhone are beating expectations and topping last year’s pre-orders for the same time period, Reuters reported on Tuesday (Sept. 17). Get the Full Story Complete the...

Citigroup Consumer Unit May Miss 2020 Goals

March 31, 2019
Citigroup, the third-largest bank in the U.S., could miss the financial targets for 2020 in the consumer division, reported The Financial Times. Get the Full Story Complete the form to...