The Hewlett Packard stock (HPE) jumped by over 10% after the company announced its earnings that beat Wall Street’s earnings estimates. Heading into Q1 of 2022, analysts had estimated that Hewlett Pac...
Tag: Estimates
CRM Stock Climbs As Earnings, Revenue Top Estimates
Salesforce stock climbed Tuesday after January-quarter earnings fell from a year earlier but topped views, while revenue beat analyst estimates. The enterprise software maker’s revenue guidance ...
Baidu Stock Jumps Even as Earnings Miss Estimates. Here’s What to Like.
Text size Like its peers in the Chinese tech sector, Baidu faces macroeconomic headwinds. Liu Jin/AFP via Getty Images A growing cloud computing and artificial intelligence business at Baidu helped th...
Baidu Stock Jumps Even as Earnings Miss Estimates. There Are Big Things to Like.
Text size Like its peers in the Chinese tech sector, Baidu faces macroeconomic headwinds. Liu Jin/AFP via Getty Images A growing cloud computing and artificial intelligence business at Baidu helped th...
SQ Stock Falls As Earnings Top Estimates Amid Afterpay Acquisition
Square-parent Block (SQ) reported December-quarter earnings, net revenue and gross payment volume that topped analyst estimates, despite growth slowing for consumer Cash App services. SQ stock jumped ...
Beyond Meat Slumps After Sales Outlook Misses Estimates
(Bloomberg) — Beyond Meat Inc., the maker of vegan burgers, sausages and chicken, declined in late trading Thursday after offering a sales outlook for 2022 that fell short of Wall Street’s expec...
Beyond Meat (BYND) Q4 2021 earnings miss estimates, stock tumbles
Packages of Beyond Meat Inc.’s plant based meat products, Beyond Burger and Beyond Sausage, are displayed at a supermarket on November 19, 2020 in Katwijk, Netherlands Yuriko Nakao | Getty Image...
FuboTV Tops Wall Street Estimates For Q4, Passing 1M Subscribers, But Shares Slip On Outlook For “Softer” Q1
FuboTV exceeded Wall Street estimates for the fourth quarter, with revenue more than doubling from the year-ago period to $231.1 million and net losses coming in at 57 cents a share. The losses widene...
Allbirds (BIRD) reports Q4 2021 results meet estimates
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Wednesday reported fourth-quarter sa...
Molson Coors (TAP) Q4 earnings miss estimates, sales beat expectations
Bottles of Coors beer are displayed on a shelf at a liquor store in Fairfax, California. Justin Sullivan | Getty Images Molson Coors Beverage’s Miller Lite and Coors Light saw sales growth in 20...
Rackspace’s Quarterly Results Beat Estimates. The Stock Sinks Anyway.
Text size Rackspace’s network operations center. Courtesy of Rackspace Rackspace Technology stock was falling hard as investors responded to financial forecasts that appeared to have overshadowe...
MercadoLibre Beats Revenue Estimates, Gains Market Share in Brazil
(Bloomberg) — Latin American e-commerce retailer MercadoLibre Inc. grew its revenue more than expected and gained market share in Brazil even as Asian players continue to strengthen their footpr...
DraftKings tops fourth-quarter revenue estimates
DraftKings (NASDAQ: DKNG) reports $473 million in revenue in the fourth quarter, more than the $445.3 million consensus estimate for the quarter. In addition, DraftKings expects full-year revenue of $...
DraftKings Earnings Beats Estimates. Why the Stock Is Tumbling.
Text size Courtesy of DraftKings DraftKings stock has tumbled 15% Friday despite the sports-betting company beating earnings estimates in the fourth quarter. The company raised its revenue guidance fo...
PLTR Stock Falls As Palantir Earnings Miss, Revenue Outlook Edges By Estimates
Palantir Technologies (PLTR) reported December quarter earnings that missed estimates while revenue topped Wall Street targets. PLTR stock fell in premarket trade. X Denver-based Palantir’s Marc...
Fastly Earnings Beat Estimates. Here’s Why the Stock Is Tumbling.
Text size Dreamstime Fastly shares are trading sharply lower after the content delivery network operator posted solid results for the fourth quarter, but provided guidance for 2022 that fell shy of St...
Fastly Shares Swoon as Guidance Misses Estimates
Text size Dreamstime Fastly shares are trading sharply lower in late trading Wednesday after the content delivery network operator posted solid results for the fourth quarter, but provided guidance fo...
SHOP Stock Falls As Q4 Earnings, Revenue Top Estimates
Shopify stock tumbled Wednesday amid December-quarter earnings, revenue and gross merchandise volume that topped consensus estimates. Management said marketing investments for SHOP stock would rise in...
Where to buy Roblox Stock: it stayed strong even after missing Q4 Wall Street’s estimates
After Crashing by more than 15% on Tuesday after the release of the Company’s 2021 Q4 earnings report, the Roblox stock has shot up by about 7% today. Today’s correction shows that the stock has quite...
Airbnb beats Q4 estimates as revenue jumps 78%
Airbnb (ABNB) reported its Q4 earnings after the closing bell on Tuesday, beating analysts’ expectations on the top and bottom lines as revenue climbed 78% year-over-year. The positive report came des...
Ransomware Payments in 2020 Were Nearly Double Initial Chainalysis Estimates
Chainalysis updated its estimate of 2020 ransomware payments from $350 million to $692 million, with an initial estimate of $602 million for 2021. In its latest report, Chainalysis noted that it updat...
Cloudflare Stock Rises As 2022 Revenue Outlook Tops Estimates
Cloudflare stock gained late Thursday on December-quarter profit that met views and revenue that topped analyst estimates. In addition, the 2022 revenue guidance for NET stock came in above expectatio...
Coca-Cola’s Earnings Top Estimates. Sales Rise on Higher Prices.
Text size Cocacola Dreamstime Coca-Cola stock was rising after the beverage giant reported earnings that surpassed analysts’ expectations. Coca-Cola (ticker: KO ) reported an adjusted quarterly profit...
Twilio Stock Surges As Revenue Growth Blows Past Estimates
Twilio stock surged Wednesday afternoon on fourth-quarter revenue that blew past estimates as the company also projected profitability on an adjusted basis by 2023. The March-quarter revenue guidance ...
Yum Brands (YUM) Q4 2021 earnings miss estimates
Customers wearing Taco Bell foam taco hats exit the company’s restaurant, a unit of Yum! Brands Inc. in Bangkok, Thailand. Brent Lewin | Bloomberg | Getty Images Yum Brands on Wednesday reported...
Lyft’s Revenues Top Estimates as Ride-Sharing Business Picks Up
Text size Lyft was profitable on an adjusted basis for the first full year in 2021. Dreamstime Lyft posted better-than-expected fourth-quarter results, reporting both improving ride volumes and increa...
Unity Software stock skyrockets as 2022 revenue forecasts tops estimates
Unity Software Inc. (NYSE:U), a provider of video game design and animation software, saw its stock soar on Friday after beating Wall Street’s fourth-quarter projections and forecasting greater earnin...
Russians Hold Over $200 Billion in Crypto Assets, Local Government Estimates
Russians hold cryptocurrency worth 16.5 trillion rubles They hold around 12% of global cryptocurrency holdings Bank of Russia, government at odds on how to regulate market Russians are accepted to all...
Regeneron beats fourth-quarter estimates | Invezz
Regeneron (NASDAQ: REGN) recorded $23.72 EPS in the fourth quarter, which topped the $18.37 analyst estimates by $5.35. In addition, the company reported $4.95 billion in revenue in the same quarter, ...