Breaking News: Earnings

Starbucks beats earnings estimates, but product sales disappoint despite China growth
World

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
Health

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
Health

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
World

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
Business

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
Business

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
Business

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
World

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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Meta to report second-quarter earnings after the bell
Technology

Meta to report second-quarter earnings after the bell

Mark Zuckerberg, main government officer of Meta Platforms Inc., still left, arrives at federal court docket in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Pictures Meta will report next-quarter earnings following market shut on Wednesday. Right here are the key numbers to look at: Earnings: $2.91 per […]

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Coca-Cola is about to report earnings. Here’s what to expect
Business

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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