* RealReal Inc (NASDAQ: REAL) shares are up 10% after reporting a second-quarter earnings loss of 28 cents per share
. Sales came in at $71 million, up from $47 million year-over-year.
In 2018, net income totaled $775 million, or 85 cents per share
. That's down from $813 million, or 90 cents per share
, in 2017.
In addition, the Board of Directors has declared a regular quarterly cash dividend on its common stock of 15 cents per share
to be paid on October 3, 2018 to stockholders of record at the close of business on September 19, 2018.
"These credits accounted for a decrease in the quarter of $109 million, or 61 cents per share
Excluding charges of $30.1 million, or 63 cents per share
after tax, Fred's had a net loss of 15 cents per share
for the quarter.
HP's earnings from continuing operations fell to $660 million, or 38 cents per share
, in the second quarter, from $733 million, or 40 cents per share
, a year earlier.
For the year, the company reported profit of $18.5 million, or 11 cents per share
. Revenue was reported as $330.5 million.
The company also announced a regular cash dividend of 10 cents per share
and an additional special cash dividend of 5 cents per share
Excluding stock option expenses and amortisation costs, earnings came to 51 cents per share
in the latest quarter, up from 38 cents per share
a year ago.
Adjusted for non-recurring gains, chiefly from the sale of spectrum licenses to T-Mobile US, earnings were 91 cents per share
. That just edged out the 90 cents per share
that analysts were expecting, according to a survey by Zacks Investment Research.
The company also forecast third-quarter earnings of 86 cents to 90 cents per share
, versus a Wall Street estimate of 89 cents per share