Breaking News: Earnings
Netflix pops 12% as income beats anticipations, advert-tier subscriptions increase
Thomas Trutschel | Photothek | Getty Photographs LOS ANGELES — Netflix shares popped much more than 12% immediately after the closing bell Wednesday as the corporation described a improve in subscriber expansion driven by a password-sharing crackdown initiatives and fascination in its new advertisement-supported tier. The streaming huge added 8.76 million international subscribers in the […]
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Morgan Stanley is set to report third-quarter earnings — here’s what the Street expects
James Gorman, Morgan Stanley CEO, July 18, 2023. CNBC Morgan Stanley is set to report third-quarter earnings before the opening bell on Wednesday. Here’s what Wall Street expects: Earnings: $1.28 a share, according to LSEG, formerly known as Refinitiv Revenue: $13.23 billion Wealth management: $6.63 billion, according to StreetAccount Trading: Equities $2.41 billion, Fixed Income […]
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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. Mike Blake | Reuters Procter & Gamble is expected to report its fiscal first-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $1.72 Revenue: $21.58 billion For roughly two years, P&G […]
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Johnson & Johnson beats on earnings and hikes outlook as medtech, pharmaceutical sales surge
An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on Tuesday reported adjusted earnings and revenue that topped Wall Street’s expectations, driven by a surge in sales in the company’s medical devices and pharmaceutical business divisions. […]
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Bank of America is set to report third-quarter earnings — here’s what the Street expects
Brian Moynihan, CEO of Bank of America, testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing, Sept. 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Bank of America is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: 82 cents a share, according […]
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Goldman Sachs is set to report third-quarter earnings — here’s what Wall Street expects
David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $5.31 a share, according to LSEG, […]
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JPMorgan Chase tops profit expectations as bank benefits from higher rates, benign credit
Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. Nathan Howard | Bloomberg | Getty Images JPMorgan Chase topped analysts’ expectations for third-quarter profit and revenue as the bank generated more interest income than expected, while credit […]
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Walgreens profit outlook comes up short as demand declines for Covid vaccines and tests
A man walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Walgreens on Thursday offered soft profit guidance and reported fiscal fourth-quarter earnings that fell short of expectations, as demand for Covid vaccines and tests sinks in the U.S. The retail pharmacy giant […]
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PepsiCo beats Wall Street estimates, raises earnings outlook
Pepsi products at a convenience store in Crockett, California, US, on Friday, June 16, 2023. David Paul Morris | Bloomberg | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations and raised its outlook for its full-year earnings. Shares of the company rose 2% in premarket trading. Here’s what the company reported […]
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Levi Strauss cuts full-year sales forecast again, as inflation takes a toll
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street’s quarterly revenue expectations and was dragged down by weaker shopping trends at department stores and big-box retailers across the U.S. Shares fell more than 3% in extended trading. The company’s […]
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