Breaking News: Earnings
Atlassian plummets much more than 20% on weak earnings report and disappointing forecast
Scott Farquhar, co-founder and co-CEO of the program corporation Atlassian, speaks in the course of a jobs and expertise summit at Parliament Dwelling on September 1, 2022 in Canberra, Australia. The Australian governing administration is bringing collectively political, organization, union and community group leaders at Parliament Residence to handle problems facing the Australian economy and […]
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Twilio tumbles soon after issuing a delicate quarterly revenue projection
Jeff Lawson, CEO, Twilio Scott Mlyn | CNBC Twilio shares fell as a lot as 13% in extended trading on Thursday immediately after the cloud communications application maker introduced third-quarter final results that gave a gentle income outlook. “Like a lot of corporations, we are struggling with some short-expression headwinds, but the extensive-expression chance remains […]
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Starbucks earnings beat expectations as consumers spend more in its U.S. stores
The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers’ attention in Shanghai, China, May 12, 2021. Costfoto | Barcroft Media | Getty Images Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ estimates, fueled by U.S. customers spending more on their orders. Shares rose 2.3% in after-hours trading […]
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Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported stronger sales at Burger King and Tim Hortons, joining the fast-food companies seeing a bump in sales as consumers look for more affordable options. The […]
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Peloton shares tumble after company offers weak holiday quarter outlook
Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. The company’s shares fell nearly 10% in morning trading Thursday. As of Wednesday’s close, Peloton’s stock has dropped about 75% so far this year. Here’s how the fitness device maker […]
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Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by sales growth at Burger King and Tim Hortons. Shares of the company were flat in premarket trading. […]
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Etsy shares pop on earnings conquer, rosy steering
Josh Silverman, CEO of Etsy Adam Jeffery | CNBC Etsy shares surged as a great deal as 10% in extended buying and selling Wednesday following the online marketplace’s 3rd-quarter income and earnings outperformed anticipations. The company also posted upbeat guidance for the present-day period of time. Here is how the firm did: Earnings: 58 cents […]
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Qualcomm income up 22% but shares slide on 1st-quarter steering
Cristiano Amon, president and CEO of Qualcomm, speaks all through the Milken Institute World Conference on May well 2, 2022, in Beverly Hills, Calif. Patrick T. Fallon | AFP | Getty Photos Qualcomm shares fell 5% in prolonged trading on Wednesday following the chipmaker documented in-line fiscal fourth-quarter earnings but made available poor to start […]
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CVS Health raises outlook as third quarter results beat estimates
Rafael Henrique | Lightrocket | Getty Images CVS Health reported third quarter earnings Wednesday morning that beat Wall Street’s expectations. Here’s how the pharmacy giant performed compared to Wall analysts’ estimates, according to Refinitiv: Earnings per share $2.09 vs. $1.99, expected. Revenue $81.16 billion vs. $76.75 billion, expected. It’s the third consecutive quarter in which […]
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Yum Brands earnings miss despite stronger sales at KFC and Taco Bell
Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Wednesday reported quarterly earnings that missed analysts’ expectations as the strong U.S. dollar weighed on its results. Revenue came in above expectations, […]
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