Breaking News: Earnings
Alphabet jumps 3% as search, advertising units show resilient growth
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet‘s stock gained 3% Friday after signaling strong growth in its search and advertising businesses amid a competitive artificial intelligence environment and uncertain macro backdrop. “GOOGL’s pace of GenAI […]
Read More
PepsiCo cuts earnings forecast as it predicts ‘uncertainty’ in tariffs, consumer spending
Bottles of Pepsi soda are displayed in a store on March 17, 2025 in New York City. Spencer Platt | Getty Images PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America. The food and beverage giant also cut its forecast for core constant currency earnings per share, […]
Read More
Procter & Gamble CEO says price hikes are ‘likely,’ as Tide owner cuts outlook due to tariffs, uncertainty
Procter & Gamble on Thursday reported mixed quarterly results as demand for its products fell, gave a dimmer outlook for the current quarter and said price hikes could be coming. The company, which owns Tide and Charmin, slashed its forecast for core earnings per share and revenue for the full fiscal year, which is in […]
Read More
Comcast beats first-quarter earnings estimates despite losing broadband customers
Customers enter an Xfinity Store by Comcast on February 24, 2025 in San Francisco, California. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images Comcast surpassed first-quarter expectations on Thursday even as the company lost broadband customers amid heightened competition. While domestic broadband revenue was up 1.7% to $6.56 billion, Comcast lost 199,000 total […]
Read More
Southwest to cut flights this year, pulls guidance, citing ‘macroeconomic uncertainty’
LAS VEGAS, NEVADA – MARCH 15: A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis on March 15, 2025 in Las Vegas, Nevada. (Photo by Kevin Carter/Getty Images) Kevin Carter | Getty Images News | Getty Images Southwest Airlines said Wednesday that it will reduce its capacity in […]
Read More
IBM beats on earnings and revenue, maintains full-year guidance
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. Here’s how the company performed: Earnings per share: $1.60 adjusted vs. $1.40 expected Revenue: $14.54 billion vs. […]
Read More
Chipotle Mexican Grill is about to report earnings. Here’s what to expect
The Chipotle logo is seen in New York City on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images Chipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: 28 cents expected […]
Read More
Boeing reports results before the bell. Here’s what to expect
A Boeing 737 aircraft fuselage is pictured at the company’s Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond | AFP | Getty Images Boeing is set to report results before the market opens on Wednesday, when Wall Street expects to see some improvements despite a trade war and other supply chain problems. […]
Read More
American Express’s wealthy cardholders are mostly untouched by tariff jitters
American Express‘s affluent cardmembers are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial Officer Christophe Le Caillec told CNBC. Billed business on AmEx cards rose 6% in the period, or 7% when adjusted for the impact of leap year, the company reported Thursday, which shows that the […]
Read More
Netflix earnings are after the bell. Here’s what to expect
Beata Zawrzel | Nurphoto | Getty Images Netflix is due to report first-quarter earnings after the closing bell Thursday. The report marks the first time that the streaming giant isn’t disclosing quarterly subscriber data as it shifts its strategy to focus on revenue and other financial metrics as performance indicators. Netflix’s earnings also come as […]
Read More