Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company ...
Tag: Earnings
Chipotle earnings misses estimates on revenue, earnings, same-store sales
Chipotle Mexican Grill (CMG) reported quarterly results that missed expectations on Tuesday, sending shares down more than 5% in after-hours trading. In its fourth-quarter results, Chipotle posted sam...
BP share price cruised past key hurdle after earnings: be careful
BP (LON: BP) share price did well on Tuesday after the company published strong financial results. The shares jumped by over 5% to a high of 509p, the highest level since November 2019. They have soar...
BP Posts Record 2022 Earnings, Biggest Profit In 114-Year History
BP plc (NYSE: BP) reported record 2022 earnings amid growing calls for the U.K. government to boost taxes on companies profiting from the high price of oil and natural gas after Russia invaded Ukraine...
Stocks moving big after hours: PINS, CHGG, TTWO
Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Pinterest — The social media stock shed more than 7% after revenue for the recent quarter fell short ...
Robinhood expected to report record revenue despite sour markets: Preview
Robinhood will report its fourth quarter results on Wednesday, with the company expected to hit its highest quarterly revenue figure to date. The online brokerage, which gained popularity duri...
Blink Charging projects revenue beat while looking to sell stock, shares fall in late trading
Blink Charging Co. BLNK, -1.39% shares sank in late trading Monday, after the electric-vehicle-charging company detailed plans to sell more shares while offering an early look at fourth-quarter result...
BP Stock, Lagging Exxon, Blames Renewables, With Earnings Due
BP (BP) will report fourth-quarter financial results early Tuesday as it reportedly looks to shift away from renewable energy and return its primary focus to oil and gas production. BP stock edged low...
Dow Jones Drops Ahead Of Key Powell Speech; Pinterest Plunges On Earnings
Dow Jones futures were little changed ahead of Tuesday’s open after the Dow Jones Industrial Average fell 34 points Monday. Federal Reserve Chair Jerome Powell will speak Tuesday at the Economic...
January 2023 Earnings Roundup – The Outlook For McDonald’s, Spotify, GM, Exxon And UPS Heading Into 2023
Getty Images Key takeaways Several companies are providing mixed results for future guidance as earnings season ramps up Interest rates, inflation, supply chain and other factors continue to be ongoin...
PINS Stock Crashes On Earnings Report
Pinterest (PINS) reported fourth-quarter results late Monday that beat earnings estimates but missed on revenue. PINS stock plunged. X The social media company reported adjusted earnings of 29 cents a...
Activision earnings preview: Here’s what to expect
Activision Blizzard (ATVI) reported its Q4 earnings today after the bell, clocking key beats in net bookings, earnings per share, and monthly active users. Here are some key numbers from the report, a...
Upcoming CVS Earnings – Is It Time to Buy?
We already know that CVS had a bumper third quarter of 2022 whereby sales increased by 10% over the previous year to over $81 billion, while its adjusted operating income increased by about 4% to $4.2...
Bitcoin, ether slip with crypto stocks all lower; Silvergate drops 8%
Cryptocurrency prices slid at the beginning of the week, with equities also opening down. Bitcoin was trading at $22,776 at 10:20 a.m. EST, down 1.5% over the past day, according to TradingView...
Bitcoin BTC Price Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings
“Startups were able to raise uncharacteristically sized rounds for their stage, commonly acquiring multiple years of runway pre-product, while over the course of the last six months, investors pivoted...
Walt Disney Co (DIS) Stock Price Prediction : DIS stock price prepares for gap down in the Q4 earnings ?
DIS stock price recovered 33% form the 52 week low Walt Disney stock breakout of the 200 day EMA but the follow up is missing NYSE : DIS stock price gained 24% on monthly basis and forming a bullish r...
Ford cut to sell at Deutsche Bank after earnings miss
Ford Motor Co. F, -7.61% was downgraded to sell from hold at Deutsche Bank, which also cut its price target to $11 from $13. Analyst Emmanuel Rosner said the fourth-quarter results and 2023 outlook &#...
British American Tobacco shares retest key level ahead of earnings
British American Tobacco (LON: BATS) share price continued its bullish momentum on Monday as investors waited for the upcoming Q4 and full-year results. The shares rose by over 1%, making it the best ...
Bitcoin Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings
Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin dipped below $23K earlier in the weekend and flattened on Sunday ...
Wall Street wants to know when ‘GTA VI’ is going to drop, too.
The biggest question for Take-Two Interactive Software Inc. executives would be the same for gamers and Wall Street analysts: When is the next “Grand Theft Auto” going to drop? Take-Two’s TTWO, -4.74%...
LPL Financial Profit Soars, Advisor Headcount Rises
LPL Financial Holdings’ fourth quarter reported profits soared 199% year over year, thanks in part to lower expenses and a surge in net interest income. The company reported fourth quarter net income...
Ford Mach-E Sales Fall 45%. The Reasons: High Prices, Incentive Confusion.
Text size Ford sold 2,626 Mustang Mach-E electric vehicles in January, down from 4,775 in December. Scott Olson/Getty Images Electric-vehicle sales at Ford Motor dipped to start the new year, showing ...
Here’s How Uber Shares Typically Trade After Earnings
Uber Technologies Inc. (UBER) is expected to report fourth-quarter 2022 earnings on 02/08/2023, and the market’s initial reaction could be volatile. Over the past 12 quarters, Uber’s adjusted EP...
The Fed Is All That Matters to Stock Analysts Ignoring Earnings
(Bloomberg) — The profit outlook for companies in the S&P 500 Index is rapidly deteriorating — yet analysts can’t raise their stock-price targets fast enough. Most Read from Bloomberg Consid...
What Is An Earnings Recession, And How Does It Affect Stock Prices?
getty Key takeaways An earnings recession may be imminent as consumer spending slows and high costs undercut profits on Wall Street As inflation and layoffs continue, talk of an earnings recession has...
Biden targets stock buybacks — do they help you as an investor?
There seem to be two camps when it comes to stock buybacks. On one hand, share buybacks can reduce a company’s share count, which increases profit per share and hopefully supports a rising stock price...