In this article UBER Uber reported a second-quarter loss on Tuesday but beat analyst estimates for revenue and posted $382 million in free cash flow for the first time ever. Shares of Uber closed the day up 18.9%. Here are the key numbers: Loss per share: $1.33, not comparable to estimates. Revenue: $8.07 billion vs.
Earnings
In this article JBLU JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko | LightRocket | Getty Images JetBlue Airways shares tumbled more than 6% Tuesday after a surge in costs drove it to another quarterly loss just as it plans its takeover of Spirit
In this article RACE-IT The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images Ferrari raised its guidance for 2022 after reporting record results for the second quarter amid unprecedented demand for its high-priced sports and grand touring cars. The Italian supercar maker has
In this article ABNB Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Airbnb beat Wall Street estimates for earnings and posted revenue that was in line with estimates for the second quarter. The company also announced a $2 billion share buyback program. Shares were down about 9% after hours, despite what appeared to
In this article HOOD Robinhood CEO Vlad Tenev said Tuesday in a press release that the fintech company will reduce its headcount by approximately 23%. The layoffs will be primarily in operations, marketing and program management. In the release, Tenev blamed “deterioration of the macro environment, with inflation at 40-year highs accompanied by a broad
In this article PYPL Dan Schulman, president and chief executive officer of PayPal Holdings Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. The 36th annual event gathers many of America’s wealthiest and most powerful people in media, technology,
In this article AMD AMD reported results for the quarter ended in June that beat estimates for profit and revenue, but the chipmaker gave a forecast for the current quarter that trailed Wall Street expectations. AMD stock fell 6% in extended trading. Here’s how the company did: EPS: $1.05, adjusted, versus $1.03 expected, according to
A BP gas station in Madrid, Spain. Sopa Images | Lightrocket | Getty Images LONDON — U.K. oil giant BP on Tuesday raised its dividend and boosted share buybacks after tripling second-quarter profits on robust refining margins and trading. The British energy major posted second-quarter underlying replacement cost profit, used as a proxy for net
In this article PINS A woman walks past sign at the headquarters of Pinterest in the South of Market neighborhood of San Francisco. Smith Collection | Gado | Archive Photos | Getty Images Pinterest shares jumped on better-than-expected user numbers even as earnings and revenue missed estimates and the company gave weak guidance for the third
In this article ETSY Josh Silverman, CEO of Etsy Adam Jeffery | CNBC Etsy shares jumped more than 8% in after-hours trading on Wednesday after the company’s second quarter earnings beat on top and bottom lines. Here’s how the company did: Earnings per share: $0.51 vs. $0.31 estimated, according to Refinitiv Revenue: $585 million vs.
In this article CMCSA CMCSA Comcast reported second-quarter revenue and earnings that topped analyst estimates, but the cable provider didn’t add broadband customers in a quarter for the first time ever. Comcast’s high-speed internet customers in the quarter were flat, trailing the 84,000 average analyst estimate, according to FactSet. The company’s shares fell more than 9%
In this article AMZN Amazon shares climbed more than 13% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook. Here’s how the company did: EPS: Loss of 20 cents Revenue: $121.23 billion vs. $119.09 billion expected, according to Refinitiv Here’s how other key Amazon segments did during the
In this article AAPL Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker. Apple stock rose over 3% in extended trading. Here are the key numbers compared to what Wall Street was expecting, per Refinitiv estimates: EPS: $1.20
In this article INTC Intel shares sank as much as 10% in extended trading on Thursday after the chipmaker reported second-quarter results and quarterly and full-year guidance that fell short of analysts’ expectations. Here’s how the company did: Earnings: 29 cents per share, adjusted, vs. 70 cents per share as expected by analysts, according to
In this article XOM Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in check. Chevron reported earnings of $11.62 billion during the three-month period, up from $3.08 billion during the second quarter of 2021. Exxon, meantime, posted second-quarter
In this article ROKU A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | Reuters Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations
Coronavirus disease (COVID-19) treatment pill Paxlovid is seen in boxes, at Misericordia hospital in Grosseto, Italy, February 8, 2022. Jennifer Lorenzini | Reuters Pfizer’s second-quarter revenue and profit beat Wall Street expectations, driven by sales of its Covid-19 vaccine and its antiviral treatment Paxlovid. Pfizer booked $27.7 billion in revenue, a 47% increase over the
A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. Peter Nicholls | Reuters Barclays on Thursday saw a slump in second-quarter profit after taking a substantial provision relating to a costly trading error in the U.S. The British bank reported a £1.071 billion ($1.30 billion) net profit attributable to shareholders, meeting
In this article META Facebook parent Meta reported a steeper-than-expected drop in revenue, missed on earnings and issued a surprisingly weak forecast, pointing to a second consecutive decline in year-over-year sales. The shares dropped 3.8% in extended trading. Here’s how the company did: Earnings: $2.46 per share vs. $2.59 per share expected, according to Refinitiv
Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion). The German lender exceeded consensus expectations among analysts aggregated by Refinitiv of a 960.2 million euro profit, and vastly improved on the 692 million euro profit for the same
In this article MMM 3M announced Tuesday it will spin off its health-care business into a separate publicly traded company. The new business will focus on wound and oral care, health-care IT and biopharma filtration, the material science company said in a release. That includes products like its bandages, skin adhesives, oral aligners, air purifiers
UBS on Tuesday missed expectations for the second quarter of 2022 as its wealth management and investment banking divisions saw falling client activity on the back of the global market downturn. The Swiss bank posted a net profit attributable to shareholders of $2.108 billion, below analyst expectations aggregated by the company of $2.403 billion. It
In this article WEBR A Weber banner on the New York Stock Exchange, August 5, 2021. Source: NYSE Weber shares tumbled 20% in morning trading Monday after the grill maker abruptly said CEO Chris Scherzinger is departing amid waning demand for its products in stores and online. The Palatine, Illinois-based company also suspended its quarterly
In this article TSLA Tesla reported earnings after the bell, and the results sent the stock up slightly after hours. Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to Refinitiv Revenue: $16.93 billion, vs. $17.1 billion expected, according to Refinitiv Automotive gross margin came in at 27.9%, down from 32.9% last quarter and
In this article GS The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images British digital bank Starling on Thursday reported its debut annual profit as revenues at the firm almost doubled. The lender swung to a pre-tax profit of £32.1 million ($38.3 million) in its fiscal year ending March
In this article T A man walks with an umbrella outside of AT&T corporate headquarters on March 13, 2020 in Dallas, Texas. Ronald Martinez | Getty Images AT&T shares fell Thursday after the company said its cash flow was hurt by customers’ later phone payments and company spending on building 5G infrastructure. AT&T said customers
In this article SNAP Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported disappointing second-quarter results and said it plans to slow hiring as it reckons with weakening revenue growth. Co-founders Evan Spiegel, the CEO, and technology chief Bobby Murphy agreed to new employment contracts that will
In this article TWTR Twitter reported results for the second quarter on Friday that missed analyst estimates on earnings, revenue and user growth. Shares of Twitter closed up about .8% on Friday. Here are the key numbers: Earnings per share: A loss of 8 cents, adjusted, vs expected earnings of 14 cents, according to a
In this article VZ A Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Shares of Verizon fell Friday after the company reported second-quarter earnings that fell shy of expectations and trimmed its financial forecast for the year. “Although recent performance did not meet our expectations, we remain
In this article AAL American Airlines posted its first quarterly profit since the Covid pandemic started without government aid but joined competitors in scaling back growth plans after a host of disruptions this year. The carrier on Thursday forecast a third-quarter profit, however, another sign of strong travel demand, even at high prices. American posted
- « Previous Page
- 1
- …
- 6
- 7
- 8
- 9
- 10
- …
- 36
- Next Page »