Breaking News: Earnings
Procter & Gamble beats earnings estimates, raises revenue forecast as prices rise
Procter & Gamble on Friday reported quarterly earnings and revenue that topped analysts’ expectations as higher prices helped offset lower demand for its products, particularly in Europe. The company, which owns household brands like Febreze, Charmin and Tide, also raised its forecast for organic sales growth for fiscal 2023 to 6%, up from its prior range of […]
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IBM earnings leading estimates as margins extend
IBM CEO Arvind Krishna speaks at a panel session at the Globe Economic Discussion board in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Illustrations or photos IBM issued more robust-than-envisioned initially-quarter earnings on Wednesday even as the technological innovation and consulting business noted disappointing profits. Here’s how the corporation did: […]
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Morgan Stanley tops analysts’ expectations on much better-than-expected investing effects
Critical Details This is how the corporation did: Earnings of $1.70 for each share vs. $1.62 Refinitiv estimate Earnings of $14.52 billion vs. $13.92 billion estimate. Source
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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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