Breaking News: Earnings
Etsy shares slip on light-weight earnings and forecast drop in gross products income
An staff walks previous a quilt exhibiting Etsy Inc. signage at the firm’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg by means of Getty Photos Shares of Etsy fell additional than 4% in prolonged trading Wednesday after the corporation introduced 3rd-quarter final results that missed analysts’ estimates for profits, and forecast a decline in gross […]
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E.l.f. Beauty blows past Wall Street’s estimates, raises full-year guidance again
E.l.f. Beauty raised its full-year outlook for the second quarter in a row on Wednesday after posting another 76% year-over-year sales jump, beating Wall Street’s expectations. The cosmetics company, known for its viral TikTok marketing and middle-of-the-road pricing, also saw profits nearly triple compared with the year-ago period. Shares jumped about 9% in extended trading […]
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Airbnb beats on earnings but delivers weaker-than-expected direction
Brian Chesky, co-founder and CEO of Airbnb, speaks for the duration of an interview with CNBC on the floor of the New York Inventory Trade, Might 10, 2023. Brendan McDermid | Reuters Airbnb shares slipped extra than 3% in following-hours investing Wednesday soon after the enterprise documented more powerful than expected income, buoyed by currency […]
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Wayfair losses narrow but sales come in short of expectations as demand remains tepid
Wayfair IPO on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Wayfair is inching closer to profitability, but its third-quarter results still fell short of revenue expectations as the home market continues to be under pressure. Here’s how the online furniture retailer did during the period compared with what Wall Street […]
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CVS results top expectations, lifted by strong health services revenue
A woman walks past a CVS Pharmacy in Washington, D.C., on Nov. 2, 2022. Brendan Smialowski | AFP | Getty Images CVS on Wednesday reported third-quarter adjusted earnings and revenue that topped Wall Street’s expectations, lifted in part by strong revenue from the company’s health services business. CVS booked sales of $89.76 billion for the […]
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Pfizer swings to quarterly loss due to Paxlovid, Covid vaccine write-offs
CFOTO | Future Publishing | Getty Images Pfizer on Tuesday reported a narrower than expected loss for the third quarter as the drugmaker recorded charges largely related to struggles for its Covid antiviral treatment Paxlovid and Covid vaccine. Pfizer said that it recorded a $5.6 billion charge for inventory write-offs in the third quarter due […]
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McDonald’s is about to report earnings. Here’s what to expect
A McDonald’s restaurant is seen in Belmont, California, on April 3, 2023. Tayfun Coskun | Anadolu Agency | Getty Images McDonald’s is expected to report its third-quarter earnings before the bell Monday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $3, expected Revenue: $6.58 billion, expected […]
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Amazon’s cloud group will become extra rewarding but misses on prime line
Adam Selipsky, Amazon Internet Companies CEO Source: CNBC Amazon said Thursday that its cloud device grew income 12% 12 months in excess of yr in the 3rd quarter. Analysts had anticipated a a lot more quick performance for the world’s best supplier of computing and storage products and services sent from faraway data centers. The […]
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Chipotle Mexican Grill easily tops earnings estimates, as price hikes help to offset higher food prices
Food is served at a Chipotle restaurant on in Chicago, Illinois. Scott Olson | Getty Images Chipotle Mexican Grill on Thursday reported quarterly earnings that beat expectations, helped by higher menu prices for its burritos and bowls. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts […]
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Amazon established to report third-quarter earnings soon after the bell
Andy Jassy, CEO, Amazon CNBC Amazon is scheduled to report third-quarter earnings following the current market close Thursday. In this article are the crucial figures Wall Road is watching: Earnings per share: 58 cents expected among analysts surveyed by LSEG, previously regarded as Refinitiv Revenue: $141.4 billion anticipated among analysts surveyed by LSEG Traders will […]
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