In this article JNJ The Janssen Johnson & Johnson COVID-19 vaccine. Allen J. Schaben | Los Angeles Times | Getty Images Johnson & Johnson on Tuesday projected that its Covid vaccine would generate $3 billion to $3.5 billion in sales in 2022, after posting a mixed fourth-quarter report that slightly beat on earnings’ estimates but
Earnings
In this article IBM SVP and Director at IBM Research Arvind Krishna speaks on stage during the 2016 Wired Business Conference on June 16, 2016 in New York City. Brian Ach | Wired | Getty Images IBM shares jumped as much as 7% in extended trading on Monday after the software and services company said
In this article BAC Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America on Wednesday topped analysts’ estimates for profit on record asset management and investment banking fees and the release of $851 million in loan loss
In this article UAL An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines said the surge in Covid-19 infections has hurt bookings in recent weeks and will further delay its recovery from the pandemic. The Chicago-based airline lowered its 2022 growth forecast,
In this article NFLX (L-R) Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report fourth-quarter earnings after the bell on Thursday. Here are the key numbers analysts are looking
In this article AAL An American Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, April 7, 2021. Mike Blake | Reuters American Airlines‘ fourth-quarter revenue was slightly ahead of forecasts and its loss was smaller-than-expected, the company said Thursday. “Over the past year,
In this article MS James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Wednesday. Here’s what Wall Street expects: Earnings:
In this article PG Tide, a laundry detergent owned by the Procter & Gamble company, is seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped Wall Street’s expectations as price hikes helped offset higher commodity
In this article GS GSBD David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs on Tuesday posted fourth-quarter profit below analysts’ expectations as the bank’s operating expenses surged 23% on higher pay for Wall
A pedestrian wearing a protective mask walks past a Citibank branch in New York on Friday, April 10, 2020. Bloomberg Citigroup is set to report its fourth-quarter results later on Friday. Here’s what analysts expect from the banking giant’s numbers: Earnings per share: $1.38 estimated, according to Refinitiv Revenue: $16.75 billion expected Net interest income:
In this article WFC Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo shares rose on Friday after the bank posted quarterly revenue that exceeded analysts’ expectations and a significant jump in profit. Shares of the bank climbed more than 2% in premarket
In this article DAL A Delta airlines aircraft landing from Los Angeles at Kingsford Smith International airport on October 31, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines said Thursday that the surge of the omicron variant of Covid-19 will drive it to a first-quarter loss, but that it still
In this article 2330-TW A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Top chipmaker TSMC notched a new quarterly sales record at the end of 2021 boosted by continued demand from top clients including Apple and Qualcomm for semiconductors. The Taiwanese foundry, which
In this article WBA A sign displays the types of COVID-19 vaccination doses available at a Walgreens mobile bus clinic on June 25, 2021 in Los Angeles, California. Mario Tama | Getty Images Walgreens Boots Alliance on Thursday exceeded analysts’ expectations for the fiscal first-quarter and raised its forecast for the year, as customers came
In this article BBBY Customer shopping in a Bed Bath & Beyond store Courtesy: Bed Bath & Beyond Bed Bath & Beyond shares tumbled nearly 10% in premarket trading Thursday after the home goods retailer missed analysts’ expectations for fiscal third quarter. Chief Executive Mark Tritton said a lack of inventory due to supply chain
In this article NKE Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York, on Sunday, Oct. 24, 2021. Nina Westervelt | Bloomberg | Getty Images Nike shares climbed around 3% in extended trading Monday after the sneaker maker reported fiscal second-quarter earnings and sales that topped analysts’ expectations, despite ongoing
In this article DRI Diners wearing protective masks wait outside an Olive Garden restaurant in Thornton, Colorado, on Friday, March 19, 2021. Chet Strange | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly earnings and revenue that topped analysts’ expectations, leading the company to raise its sales and earnings forecast for the rest of fiscal 2022.
Shantanu Narayen Mark Neuling | CNBC Adobe shares plummeted more than 10% on Thursday after the software maker issued a revenue forecast for the fiscal first quarter that fell well shy of analysts’ estimates. The stock is on pace for its second-worst drop in the past decade, surpassed only by a 15% slide in mid-March
In this article LOW An employee organizes buckets for sale inside a Lowe’s Cos. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Lowe’s said Wednesday that it expects Americans’ appetite for home improvement to continue into 2022, though it may cool after a boom in do-it-yourself and decorating projects during the
Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19. Justin Sullivan | Getty Images Oracle shares rose 11% in
In this article RENT Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC Rent the Runway shares fell more than 5% in extended trading Wednesday after the company booked widening third-quarter losses, despite sales that shot up 66% year over year, in its first financial report since going public in late October. The fashion rental
In this article SFIX The Stitch Fix logo on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard/ | Bloomberg | Getty Images Stitch Fix shares tumbled 17% in extended trading Tuesday after the online shopping and styling
In this article MDB Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC Shares of database software maker MongoDB were up as much as 18% in extended trading on Monday after issuing fiscal third-quarter results. Here’s how the company did: Earnings: Loss of 11 cents per share, adjusted, vs. a loss of 38 cents per
DocuSign CEO Daniel Springer. Source: DocuSign DocuSign shares plummeted by almost 30% in extended trading on Thursday after the developer of e-signature software provided a forecast for the end of the year that missed analysts’ estimates. Fourth-quarter revenue will come in at between $557 million and $563 million, DocuSign said in its earnings report for
In this article DG Popshelf stores are roughly 9,000 square feet and carry items such as home goods, seasonal decor and party supplies, including items from Dollar General’s private brands. Dollar General Dollar General debuted a new store called Popshelf about a year ago, aimed at wealthier, suburban shoppers who enjoy the hunt for a
In this article SIG Signage for Kay Jewelers, a subsidiary of Signet Jewelers Ltd., is displayed on the exterior of a store in New York. Bloomberg | Bloomberg | Getty Images Shares of Signet Jewelers rose in premarket trading Thursday after the parent company of Kay Jewelers, Zales and Jared reported fiscal third-quarter earnings ahead
In this article SNOW Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO. He is known as a demanding leader, and straight shooter. “I’ve often been in board meetings at other companies and the CEO will put up a list of 10 priorities … well, that’s the same as having no priorities,”
In this article BIRD 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 said Tuesday that its third-quarter revenue rose 33% from last year, while its losses widened as the cost of opening stores and listing its
In this article CRM Marc Benioff, founder, chairman and CEO of enterprise cloud computing company Salesforce. Kim Kulish | Corbis News | Getty Images Salesforce reported fiscal third-quarter earnings on Tuesday for the period ending Oct. 31, beating Wall Street expectations on earnings and sales. But shares fell over 6% in extended trading after earnings
In this article BBY Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. Geoff Robbins | AFP | Getty Images Best Buy‘s fiscal third-quarter earnings beat estimates on Tuesday, yet shares tumbled as investors worried about rising shipping costs and weaker demand
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