Breaking News: Earnings
Starbucks beats earnings estimates, but product sales disappoint despite China growth
Starbucks symbol is noticed on a cup in this illustration picture taken in the cafe at the airport in Charleroi, Belgium on July 27, 2023. Jakub Porzyck | Nurphoto | Getty Photographs Starbucks on Tuesday noted quarterly earnings that conquer analysts’ anticipations, but its exact same-store revenue missed Wall Street’s estimates. Shares of the enterprise […]
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Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal
Merck on Tuesday reported second-quarter revenue that topped expectations on strong sales of its blockbuster cancer drug Keytruda and HPV vaccine Gardasil. The pharmaceutical giant posted a quarterly loss, however, due to charges associated with the company’s acquisition of Prometheus Biosciences earlier this year. related investing news Merck swung to a net loss of $5.98 […]
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Pfizer beats on earnings, but revenue misses as Covid product sales plummet
Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that fell short of estimates as Covid product sales plunged. Pfizer reported second-quarter sales of $12.73 billion, down 54% over the same period a year ago. Excluding sales of the company’s Covid vaccine […]
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HSBC sees 89% increase in quarterly pre-tax revenue, beating analysts’ anticipations
An HSBC Holdings financial institution department in Hong Kong on May possibly 24, 2022. A Hong Kong-based trade platform launched by HSBC Holdings a few years back with significantly fanfare has shut down right after failing to build a commercially practical business. Bertha Wang | Bloomberg | Getty Visuals HSBC on Monday described a next quarter […]
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Procter & Gamble is about to report earnings. Here’s what to expect
Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Mike Blake | Reuters Procter & Gamble is expected to report its quarterly earnings before the bell Friday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting the company to report: Earnings per share: $1.32 expected Revenue: $19.98 billion expected […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
Ford Mustang on display at the NY Auto Show, April 6, 2023. Scott Mlyn | CNBC DETROIT — Ford Motor is reporting second-quarter earnings after the markets close Thursday. The Detroit automaker is expected to report results that are solid but not as strong as the $1.91 in adjusted earnings per share that crosstown rival […]
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McDonald’s is about to report earnings. Here’s what to expect
In an aerial view, a sign is posted in front of a McDonald’s restaurant on April 03, 2023 in San Pablo, California. Justin Sullivan | Getty Images McDonald’s is expected to report its second-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.79 expected Revenue: […]
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Chipotle shares slide as sales tumble small of Wall Street’s expectations
A Chipotle restaurant in New York, US, on Monday, July 3, 2023. Jeenah Moon | Bloomberg | Getty Illustrations or photos Chipotle Mexican Grill on Wednesday documented quarterly earnings that crushed expectations, but the burrito chain’s sales fell limited. The stock fell far more than 9% in prolonged trading. Shares had been up 50% this […]
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Coca-Cola is about to report earnings. Here’s what to expect
Bottles of Coca Cola displayed at a grocery store on April 24, 2023 in San Rafael, California. Justin Sullivan | Getty Images Coca-Cola is expected to report its second-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting the company to report: Earnings per share: 72 cents Revenue: $11.75 […]
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