Market Movers

Baozun Beats Q1 Estimates, Issues Q2 Revenue Guidance

Baozun Beats Q1 Estimates, Issues Q2 Revenue Guidance

Baozun (BZUN), a China-based e-commerce company, on Wednesday reported Q1 non-GAAP earnings of RMB0.89 ($0.13) per ADS, up from RMB0.54 a year ago and topping the RMB0.86 average estimate from analysts polled by Capital IQ. Revenue increased to RMB1.29 billion from RMB921.2 million a year earlier, driven by the acquisition of new brand partners and the growth of Baozun’s consignment […]

RYB Education’s Q1 Earnings Miss Street Projections

RYB Education’s Q1 Earnings Miss Street Projections

RYB Education (RYB) reported a first-quarter adjusted net loss attributable to shareholders of $0.04 per ADS, compared with $0.03 in the year-ago period. Analysts polled by Capital IQ had reached a consensus mean of $0.01 in earnings per ADS for the recent quarter. The China-based company, which provides early childhood education services, also recorded net revenue of $34.3 million, up […]

US Futures Flat as Traders Adopt Cautious Tone Ahead of Earnings, Data

US Futures Flat as Traders Adopt Cautious Tone Ahead of Earnings, Data

US stock futures were little changed Monday as traders brace for another heavy week of corporate earnings and economic data. Oil prices nudged lower with global benchmark Brent Crude down 0.40%, and US West Texas Intermediate crude down 0.40% recently as well, extending Friday’s sell-off after US President Donald Trump said he asked the Organization of the Petroleum Exporting Countries […]