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Tag: Earnings
Starbucks CEO Kevin Johnson on why Chinese sales were weak
Reduced international travel and low traffic to office buildings weighed on Starbucks’ same-store sales in China, CEO Kevin Johnson said Wednesday. “Our stores that are in airports in the ...
Dynatrace Reports Strong Earnings. Why the Stock Is Falling Sharply.
Text size Dreamstime Shares of Dynatrace fell sharply after the software intelligence company posted earnings that beat expectations, but issued guidance that disappointed investors. Dynatrace (ticker...
AbbVie Stock: Fourth Quarter Comes In Mixed, But Earnings Guidance Beats
AbbVie stock ticked down early Wednesday after the pharmaceutical company reported adjusted earnings of $3.31 per share on $14.89 billion in fourth-quarter sales. X On average, analysts polled by Fact...
AbbVie’s stock gains on fourth-quarter earnings as it reports better-than-expected sales of Humira
An earlier version of this report referred to Humana in the headline, not Humira. It has been corrected. Shares of AbbVie Inc. ABBV, +0.08% gained 1.4% in premarket trading on Wednesday after the comp...
DT Stock Tumbles On Earnings Report, Guidance Under New CEO
Dynatrace stock plunged after its fiscal third-quarter earnings and sales topped estimates while its revenue outlook fell slightly short of expectations. DT stock reported earnings for the first time ...
Starbucks earnings hit by inflation, rising worker costs and damp China sales
Starbucks (SBUX) posted mixed first-fiscal quarter earnings results compared to Wall Street estimates, as soaring inflation, higher worker costs and the impact of the Omicron variant took a toll on th...
Stock futures extend gains, Alphabet jumps after earnings
Stock futures opened higher Tuesday evening as investors mulled a fresh batch of earnings results from some major index components and tried to further shake off January’s volatility. Contracts ...
PayPal stock price forecast: buy the earnings dip or sell the rip?
The PayPal (NASDAQ: PYPL) stock price crashed on Tuesday after the company published strong results but weak guidance. The stock has crashed by over 17% in extended hours and is trading at about $145....
Google Stock Rises As Q4 Earnings Beat, Alphabet Announces 20-For-1 Stock Split
Google-parent Alphabet reported December-quarter earnings and revenue that topped analyst estimates and announced a 20-for-1 stock split, sending Google stock surging in after-hours action. X Alphabet...
Visa Earnings Report Highlights Surge In Crypto Asset Purchases
Payments technology firm Visa’s latest earnings report shows that spending for crypto assets through its cards has surged in the first fiscal quarter of the year, with over $2.5 billion spent in...
PayPal stock sinks after earnings as inflation, spending pressures weigh on outlook
PayPal Holdings Inc. largely matched expectations for its holiday quarter but shares plunged late Tuesday after the company delivered an earnings forecast that came up shy of expectations. Shares were...
AT&T, AMC Entertainment, UPS and more
Take a look at some of the biggest movers in the premarket: AT&T (T) – AT&T announced plans to spin off its stake in the WarnerMedia/Discovery Communications (DISCA) combination to its shareho...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...
Alphabet, AMD, PayPal and more
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: Alphabet — Shares of the Google-parent ros...
UPS’ Q4 2021 earnings top consensus estimates
UPS (NYSE: UPS) has announced its Q4 2021 consolidated revenue of $27.8 billion, representing a YoY increase of 11.5%. The company beat consensus revenue estimates of $27.01 billion. Consolidated oper...
GILD Stock Dives As Two Major Issues Dig Into Fourth-Quarter Earnings
Gilead Sciences (GILD) said Tuesday its Covid treatment dragged on fourth-quarter sales as two legal charges hammered earnings — and GILD stock tumbled. X During the December quarter, sales of the Cov...
Alphabet Surges 7% After Blowout Earnings, Here’s What The 20:1 Stock Split Means For Investors
Topline Shares of Google-parent Alphabet surged over 7% on Tuesday after the company reported stellar fourth quarter earnings and announced a 20:1 stock split, following in the footsteps of tech giant...
All Eyes on AMD Earnings Today: Analyst Weighs In
Once trading activity comes to an end today, Advanced Micro Devices (AMD) will take its turn to deliver 4Q21’s financial statement. It has been an uncharacteristic start to the year for this perennial...
Starbucks (SBUX) Q1 2022 earnings miss
The Starbucks logo is displayed on a cup at a Starbucks store on October 29, 2021 in Marin City, California. Justin Sullivan | Getty Images Starbucks on Tuesday reported quarterly earnings that missed...
Exxon Mobil, AMC Entertainment, UPS and more
A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies m...
Exxon (XOM) earnings Q4 2021
Exxon Mobil’s revenue jumped more than 80% year over year during the fourth quarter amid a rebound in oil and gas prices, the company said Tuesday. With Exxon now in a stronger financial positio...
Alphabet earnings preview: what to look for?
Shares of Alphabet Inc (NASDAQ: GOOGL) are down nearly 10% from their high of about $3,000 in mid-November, but Wedbush Securities’ Dan Ives is convinced 2022 will be a strong year for the stock...
Opinion: Google is finally splitting its stock; will Amazon be next, leading to a Dow shakeup?
Alphabet Inc. is finally carving into its gargantuan stock price with a stock split, which leaves only one Big Tech company remaining with a huge per-share price despite an easy avenue to change it. A...