Breaking News: Earnings
Netflix reports earnings after the bell — here’s what to expect
Sopa Images | Lightrocket | Getty Images Netflix is scheduled to report first-quarter earnings after the bell on Tuesday, and investors will be paying close attention to subscriber numbers, especially for its ad-supported tier. While Netflix will no longer provide guidance for subscribers, it will still report how many total user count, in the U.S. […]
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Johnson & Johnson beats on earnings and revenue, raises full-year guidance
Artur Widak | NurPhoto | Getty Images Johnson & Johnson reported adjusted earnings and revenue that topped Wall Street’s expectations on Tuesday, and lifted its full-year forecast. J&J, whose financial results are considered a bellwether for many health companies, said its first-quarter sales grew 5.6% over the same quarter last year. The consumer staples giant reported […]
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Goldman Sachs is established to report to start with-quarter earnings — here’s what the Road expects
Essential Points Here’s what Wall Road expects: Earnings of $8.10 for every share, 25% lessen than a calendar year earlier. Profits of $12.79 billion, 1.1% reduce than a year previously. Supply
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JPMorgan Chase is established to report initially-quarter earnings – here’s what the Road expects
Key Points Here is what Wall Road expects: Earnings of $3.41 for every share, 29.7% bigger than a year earlier. Revenue of $36.24 billion, 14.7% increased than a 12 months before. Source
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Delta Air Strains posts quarterly loss but forecasts income as peak journey period methods
Airbus A330 Neo widebody plane intended for Delta airways staying tested in Toulouse, France. Nurphoto | Nurphoto | Getty Photographs Delta Air Traces posted a wider reduction than it earlier believed for the initially a few months of the yr but forecast income growth and gains for the 2nd quarter that were forward of analysts’ […]
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Rent the Runway’s losses narrow as company edges closer to profitability
Rent the Runway’s losses narrowed in its fiscal fourth-quarter earnings reported Wednesday as the digital retailer continues to streamline its costs and work towards profitability. Despite the improvements the company has made, its fiscal 2023 and first-quarter outlook fell short of analysts’ estimates. Its share price fell more than 6% in after-hours trading. Here’s how […]
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Walgreens revenue rises despite sharp decline in demand for Covid tests, vaccines
A man walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Walgreens Boots Alliance on Tuesday said its quarterly profit declined more than 20%, driven by sharply lower Covid vaccine volumes and test sales compared to last winter, when the Covid Omicron variant […]
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Nike’s holiday quarter plagued by bloated inventory, weak China sales
People wearing protective face masks walk past the closed Nike store on 5th Avenue, during the outbreak of the coronavirus disease (COVID-19), in New York City, May 11, 2020. Mike Segar | Reuters Nike easily beat Wall Street’s expectations for its holiday quarter earnings and revenue, though its bloated inventory continued to weigh on its […]
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Adobe lifts financial gain forecast for fiscal 2023 and beats estimates on quarterly effects
Shantanu Narayen, CEO of Adobe, attends a media event in Mumbai on May perhaps 3, 2017. Abhijit Bhatlekar | Mint | Hindustan Situations | Getty Pictures Adobe shares rose 5% in prolonged investing on Wednesday immediately after application maker introduced fiscal 1st-quarter outcomes that topped Wall Street estimates and lifted its full-12 months foercast. This […]
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Allbirds admits missteps, unveils new strategy after brutal holiday quarter
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Footwear retailer Allbirds on Thursday unveiled a broad overhaul of its strategy and an executive shake-up after failing to post year-over-year quarterly sales growth for the first time in […]
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