Amazon (AMZN) reported second-quarter results late Thursday that beat estimates on revenue but missed on earnings. Amazon stock jumped on the news. X The e-commerce giant reported an adjusted loss of ...
Tag: Estimates
Ford Q2 earnings easily beat estimates; stock jumps after hours
Ford (F) reported second quarter financial results after the bell on Wednesday easily topping estimates on both the top and bottom lines, and reaffirming its full-year profit guidance. For the quarter...
Microsoft (MSFT) Stock Advances 5% on Impressive Financial Guidance Despite Missing Estimates in Q4 2022 Results
Microsoft expects its revenue for the coming quarter to fall between $49.25 billion and $50.25 billion. Although Microsoft Corporation (NASDAQ: MSFT) missed expectations in its Q4 2022 financial resul...
Alphabet And Microsoft Missed Their Earnings Estimates
Getty Images Key takeaways Alphabet and Microsoft released their earnings reports Tuesday after the bell Both tech giants missed estimates, though the damage wasn’t as bad as some feared Alphabet shar...
Boeing (BA) 2Q 2022 earnings fall short of estimates
An aerial view of Boeing 777X and Boeing 737 MAX 10 airplanes parked at King County International Airport-Boeing Field, in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing on Wednesd...
Ecolab on a buy zone as Q2 results surpass estimates amid a stock upgrade
Ecolab Inc. (NYSE:ECL) closed down 2.70% on Tuesday after its Q2 financial report. The company posted earnings per share of $1.10, below $1.22 in the prior year. The earnings were still more than esti...
TXN Stock: Texas Instruments Crushes Wall Street’s Estimates
Chipmaker Texas Instruments (TXN) late Tuesday crushed Wall Street’s targets for the second quarter and guided higher for the current period. TXN stock jumped in extended trading. X The Dallas-b...
Alphabet earnings miss estimates, ad revenue beats, stock pops
Google parent company Alphabet (GOOG, GOOGL) reported earnings that missed Wall Street estimates after the closing bell on Tuesday. The technology giant said adjusted earnings per share hit $1.21 duri...
McDonald’s (MCD) Q2 2022 earnings beat estimates
A sign is posted in front of a McDonald’s restaurant on April 28, 2022 in San Leandro, California. Justin Sullivan | Getty Images McDonald’s on Tuesday said both price hikes and value item...
IMF Warns Of ‘Gloomy Outlook’ For Global Economy, Slashing Growth Estimates
Topline The International Monetary Fund warned on Tuesday of a slowdown in global economic growth as the world economy continues to take a hit from “increasingly gloomy developments in 2022,” includin...
Global sales jump 10%, earnings top estimates
McDonald’s (MCD) reported earnings and same-store sales that topped expectations before the market open on Tuesday. The company reported U.S. same-store sales that rose 3.7% while international ...
Biogen tops Q2 2022 earnings and revenue estimates
Biogen Inc (NASDAQ: BIIB) has announced a Q2 2002 revenue of $2.589 billion. GAAP net income was $1.058 billion or $7.24 per diluted share, and non-GAAP net income was $767 million or earnings of $5....
Seagate’s Earnings Miss Estimates as Demand for Disk Drives Worsens
Text size A Seagate hard drive from an Apple laptop computer. Demand is weakening in consumer-related markets. Brent Lwein/Bloomberg The disk-drive company Seagate Technology posted sales and profits ...
Blackstone shares dip after posting loss but its distributable earnings beat estimates
Blackstone Inc. BX, -3.65% shares fell 3.9% in premarket trades on Thursday after the private equity firm said it swung to a second-quarter loss of $29.4 million, or 4 cents a share, from net income o...
Apple Earnings Could Miss Estimates, Morgan Stanley Warns
Text size The new Apple retail store in Istanbul. Chris McGrath/Getty Images Apple earnings estimates and price targets continue to slip lower as the Street turns wary ahead of the company’s June-quar...
Stock futures extend Dow rally as Netflix earnings beat estimates
U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday’s regular trading session. Dow Jones Industrial Average futures rose 83 point...
IBM Earnings Beat Estimates. The CEO Says Tech Demand Remains Strong.
IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg Text size IBM kicked off tech earnings season with better...
Citi Beats Estimates With Trading Revenue, Pauses Buybacks
(Bloomberg) — Citigroup Inc. is collecting a windfall from tumultuous international markets, even as a dimming economic outlook and Russia’s invasion of Ukraine pose billions of dollars in risks...
Consumer sentiment beats estimates, inflation expectations fall in July
Consumer sentiment rose in July while inflation expectations tumbled, according to the latest data from the University of Michigan released Friday. Preliminary data for July showed consumer sentiment ...
Chip Stock Earnings Estimates Still Look Way Too High, Goldman Analyst Warns
Text size Goldman Sachs’ cuts to earnings forecasts for chip manufacturers were both broad and deep. Dreamstime Chip stocks are gaining ground on Friday following better-than-expected financial ...
Stocks gain after retail sales, Citi earnings top estimates
U.S. stocks rallied Friday as Wall Street attempted to shake off this week’s losses. Sentiment was buoyed by better-than-expected retail sales data and a strong earnings report from Citigroup (C). The...
JPMorgan Halts Share Buybacks as Earnings Miss Estimates
(Bloomberg) — JPMorgan Chase & Co. temporarily suspended share buybacks and reported second-quarter results that fell short of analysts’ estimates, driving the stock lower. Most Read from Bl...
JPMorgan net income falls, misses estimates
JPMorgan Chase & Co. JPM, -0.94% shares fell 3.5% in premarket trades on Thursday after the megabank missed its profit target in the face of geopolitical tension, high inflation and weaker consume...
Taiwan Semi Boosts Revenue Forecast After Topping Earnings Estimates
Text size Photograph by Sam Yeh/AFP/Getty Images Strong demand from auto makers and consumer goods giants helped Taiwan Semiconductor Manufacturing raise revenue forecasts for the year and beat second...
U.S. And China Emissions Caused $1.8 Trillion Each In Worldwide Economic Damages Over 25 Years, Study Estimates
Topline Greenhouse gas emissions in the United States and China from 1990 to 2014 caused a combined $3.6 trillion in economic damages around the world, according to a study published Tuesday by resear...
PepsiCo (PEP) Q2 2022 earnings beat Wall Street estimates
A customer holds a can of Pepsi beverage at a shopping mall on March 9, 2022 in Shaoxing, Zhejiang Province of China. VCG | Getty Images PepsiCo on Tuesday raised its revenue outlook for the year, as ...
The market could reach an ‘investable’ bottom after analysts cut earnings estimates, Jim Cramer says
CNBC’s Jim Cramer on Thursday said that a possible upcoming slew of earnings estimate cuts from analysts could create a sell-off and an opportunity for investors to do some buying. “Over t...
Lululemon (LULU) Q1 2022 earnings beat estimates
Lululemon customers so far aren’t balking at higher prices on the retailer’s leggings and sports bras, Chief Executive Officer Calvin McDonald said Thursday. The athletic apparel maker rep...
HPE Stock Dives As HPE Earnings, Guidance Miss Estimates
Hewlett Packard Enterprise (HPE) on Wednesday reported fiscal second-quarter earnings and revenue that missed Wall Street targets. The company’s July-quarter outlook for HPE stock also came in b...
Russia’s Crypto Miners Consume Over 2% of Electricity, Estimates Suggest – crypto.news
According to a recent report, the share of crypto miners in Russia’s electricity consumption has exceeded 2%. The country’s technology ministry is now calling for the sector’s regulation. Russia’s Cry...