A grounds crew member directs an United Airlines airplane to a gate at Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economop...
Tag: firstquarter
Marqeta shares dive as first-quarter forecast comes up shy of expectations
Shares of payments-tech provider Marqeta Inc. MQ fell sharply after hours on Tuesday after the company forecast first-quarter sales growth that came in slightly below estimates. The company, whose tec...
Tim Cook, Apple CEO, weighs in after disappointing first-quarter revenue
Apple CEO Tim Cook weighed in on the company reporting some financial results below estimates and its hiring in an interview Thursday, the day the company put out its first-quarter earnings. Apple rec...
Logitech CEO says customers will come back in the fall after first-quarter earnings miss
Customers who are spending their summers traveling will come back to purchase tech equipment in the fall, Logitech CEO Bracken Darrell told CNBC’s Jim Cramer on Tuesday. “I think everybody...
Lovesac Company stock down 25% after announcing first-quarter financials
The Lovesac Company (NASDAQ: LOVE) stock dropped 25% after the home furnishing brand announced its first quarter financial results for 2023. Net sales in the first-quarter increased by 56% while Compa...
Gitlab is up 15% after announcing its first-quarter financial results
GitLab Inc. (NASDAQ: GTLB), a One DevOps platform, shot up 15% after announcing its first-quarter financials for the 2023 fiscal year. The company reported an $87.4 million quarterly revenue, represen...
Should I buy Nvidia shares after the first-quarter earnings results?
Nvidia Corporation (NASDAQ: NVDA) reported better than expected first-quarter results this Wednesday, and the company’s shares advanced more than 15% on a weekly basis. The company’s management update...
The Andersons is down 30% after announcing its first-quarter financials
The Andersons, Inc. (NASDAQ: ANDE) shares dropped by 30% after it announced its first-quarter financial results for 2022. The company recorded a net income of $0.18 per diluted share, or $6.1 million ...
Activision Blizzard misses first-quarter EPS by 6 cents
Activision Blizzard (NASDAQ: ATVI) recorded a fist-quarter of EPS of about $0.64, 6 cents worse than the $0.7 financial analyst estimates. First-quarter revenue came to about $1.77 billion, which was ...
Twitter reports increased first-quarter revenue, reveals data error
Twitter reported an increase in first-quarter revenue on Thursday, three days after accepting Elon Musk’s bid to take the company private. The US social media company made what could be its last publi...
Robinhood announces layoffs ahead of first-quarter earnings release
Brokerage app company Robinhood has laid off “approximately 9%” of its global staff, according to a blog post from the firm’s CEO Vlad Tenev. In the post, Tenev cited a period of sig...
Ford Posts $3.1 Billion First-Quarter Loss, Maintains 2022 Outlook
Ford Motor Co. F 0.95% swung to a net loss of $3.1 billion in the first quarter, a reversal largely driven by a steep loss in valuation of its stake in electric-vehicle startup Rivian Automotive Inc. ...
CEO reportedly laments red ink incurred from Air Force One deal as Boeing posts $1.2 billion first-quarter loss
Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...
Abbot tops first-quarter EPS by $0.26
Abbot (NYSE: ABT) records a first-quarter EPS of $1.73, beating analyst estimates of $1.47 by 25 cents. The company recorded a first-quarter revenue of about $11.9 billion, which also topped the $11.0...
ISRG Stock: Intuitive Surgical Beats First-Quarter Goals
Robotic surgery giant Intuitive Surgical (ISRG) late Thursday beat Wall Street’s targets for the first quarter as elective surgeries rebounded. ISRG stock rose in extended trading. X The Sunnyva...
Opinion: Are you sharing a Netflix password? Not for long …
After an unprecedented downturn in subscriber growth in the first quarter, Netflix executives are eyeing the millions of people using other subscribers’ accounts as a way to reverse the streaming serv...
Should I buy Morgan Stanley shares ahead of first-quarter earnings results?
Morgan Stanley (NYSE: MS) shares have weakened more than 15% since the beginning of the 2022 year, and the current price stands at $84.06. Morgan Stanley is scheduled to announce first-quarter earning...
Should I buy Citigroup shares ahead of first-quarter earnings results?
Citigroup Inc. (NYSE: C) shares have weakened more than 10% since the beginning of the 2022 year, and the current price stands at $52.33. Citigroup is scheduled to announce first-quarter earnings resu...
Should I buy JPMorgan shares ahead of first-quarter earnings results?
JPMorgan Chase & Co (NYSE: JPM) shares have weakened more than 15% since the beginning of the 2022 year, and the current price stands at $136.31. JPMorgan is scheduled to announce first-quarter ea...
Nucor first-quarter earnings forecast falls short of Wall Street estimates
Nucor Corp. NUE, +0.91% said it expects first-quarter earnings of $7.20 to $7.30 per diluted share, below the Wall Street estimate of $7.42 a share in a survey of analysts by FactSet. Steel mill segme...
Is UniFirst stock a buy or sell ahead of its fiscal first-quarter 2022 results?
On Monday, UniFirst Corp (NYSE:UNF) shares edged slightly higher ahead of its upcoming quarterly report. The company is expected to release its most recent quarter revenue and earnings on Wednesday. A...
Opinion: Google’s earnings should be a warning to investors in Facebook and other online-ad companies
Google’s earnings shortfall is an indication of trouble across the online-advertising industry, and should scare investors in Facebook and other competitors. Google parent company Alphabet Inc. GOOGL,...