Breaking News: Earnings
Starbucks is about to report earnings. Here’s what to expect
Starbucks Coffee logo is seen on cups in the cafe in Krakow, Poland on February 16, 2023. Nurphoto | Nurphoto | Getty Images Starbucks is expected to report its fiscal-second quarter results after the bell Tuesday. Here’s what Wall Street is expecting, based on a survey of analysts by Refinitiv: Earnings per share: 65 cents […]
Read More
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 set to report its first-quarter earnings after the bell Tuesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: 41 cents Automotive revenue: $36.08 Those results would mark […]
Read More
Pfizer earnings and revenue top expectations despite Covid vaccine sales decline
Pharmaceutical Pfizer Inc. said that an oral drug for treating COVID-19 could be available by end of 2021. Soumyabrata Roy | NurPhoto | Getty Images Pfizer on Tuesday reported first-quarter revenue and adjusted earnings that topped Wall Street’s expectations, despite a decline in sales driven by the lower demand for the company’s Covid vaccine. Pfizer’s […]
Read More
Amazon’s 18% cloud revenue growth impresses even as margin narrows
Amazon Web Providers CEO Adam Selipsky speaks at the CERAWeek by S&P World-wide meeting in Houston on March 7, 2023. F. Carter Smith | Bloomberg | Getty Photos Amazon stated Thursday that its cloud device grew earnings by about 16% in the initial quarter, a marginally extra swift pace than analysts experienced projected. Earnings from […]
Read More
American Airlines ekes out a first-quarter profit as carrier ramps up flying
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines posted a $10 million profit in the first quarter as it ramped up flying and a jump in revenue outpaced higher costs. American’s revenue rose 37% […]
Read More
Comcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations with its first quarter earnings report Thursday, despite the cable and media giant’s residential broadband business’s slowing growth and mounting Peacock losses. Shares of the company rose more than 2% in premarket trading. The stock is up more than 4% so far this year through Wednesday’s close. Here’s how Comcast performed, […]
Read More
Southwest posts wider-than-anticipated decline as toll of vacation crisis stretches into 2023
A chook flies by in the foreground as a Southwest Airlines jet will come in for a landing at McCarran Global Airport on May possibly 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Pictures Southwest Airlines shed $159 million in the first quarter as the financial impression of its holiday break meltdown stretched […]
Read More
Merck revenue falls after dramatic drop in sales of Covid antiviral treatment
Medicine pill is seen with Merck logo displayed on a screen in the background in this illustration photo taken in Poland on October 4, 2021. NurPhoto | NurPhoto | Getty Images Merck on Thursday reported first-quarter revenue that fell 9% from the same period a year ago largely due to a steep drop in sales […]
Read More