Earnings
McDonald’s is about to report earnings. Here’s what to expect
A corporate logo for McDonald’s hangs above the door of a restaurant on Broadway in New York City on June 11, 2025. Gary Hershorn | Corbis News | Getty Images McDonald’s is expected to report its second-quarter earnings before the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company […]
Read More
Lucid softens full-year production forecast as EV maker misses second-quarter estimates
A Lucid Air electric vehicle (EV) at the company’s showroom in Tysons, Virginia, US, on Saturday, Feb. 17, 2024. Samuel Corum | Bloomberg | Getty Images Lucid Group on Tuesday softened its production outlook for the rest of the year as it reported second-quarter earnings that missed Wall Street expectations. The electric vehicle maker now […]
Read More
Fox One streaming service to launch ahead of NFL season on Aug. 21, at $19.99 per month
Fox Corp. will launch its direct-to-consumer streaming service, Fox One, on Aug. 21, ahead of the NFL season, the company said Tuesday. The new streaming service will cost $19.99 per month, and pay TV subscribers will receive access for free, said CEO Lachlan Murdoch during the company’s earnings call. Fox One will host the entirety […]
Read More
Palantir stock pops 8% after blowout quarter driven by AI, efficiency demand
Palantir stock popped more than 8% Tuesday after the software analytics provider lifted its full-year outlook, boosted by the artificial intelligence wave. CEO Alex Karp called the earnings results a “once in a generation, truly anomalous quarter” during an earnings call with analysts. “We’re very proud and we’re sorry that our haters are disappointed, but […]
Read More
Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.
Piotr Swat | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.44 adjusted vs. $1.46 expected […]
Read More
Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results
Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. View Press | Corbis News | Getty Images Pfizer on Tuesday hiked its full-year adjusted profit guidance on its cost cuts and strong business performance this year. The company also reported second-quarter results that topped Wall Street’s estimates for the […]
Read More
BP CEO hails exploration discovery boon after surprise profit beat
Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images Britain’s BP on Tuesday posted stronger-than-expected second-quarter profit, following a period of heightened volatility for global oil and gas prices. The struggling energy major reported underlying replacement cost profit, used as a proxy for net profit, of $2.35 […]
Read More
Hims & Hers stock falls 10% on revenue miss
The Hers app arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Shares of Hims & Hers Health fell 9% in extended trading on Monday after the telehealth company reported second-quarter results that missed Wall Street’s expectations for revenue. Here’s how the company did […]
Read More
Palantir tops $1 billion in revenue for the first time, boosts guidance
Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance. Shares rallied more than 5%. Here’s how the company did versus LSEG estimates: Earnings per share: 16 cents adj. vs. 14 cents expected Revenue: $1.00 billion vs. $940 million expected The artificial intelligence software […]
Read More