Earnings
Block shares plunge 18% as company takes ‘cautious stance,’ issues weak guidance for year
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15% in extended trading. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 56 cents adjusted. That figure may not be comparable to estimates. Revenue: $5.77 billion vs. $6.2 […]
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Airbnb issues disappointing revenue guidance for second quarter
Airbnb CEO Brian Chesky appears at “The Game Plan: Strategies for Entrepreneurs” at Airbnb Open in Los Angeles on Nov. 19, 2016. Kurt Krieger – Corbis | Getty Images Entertainment | Getty Images Airbnb reported results for the first quarter that were mostly in line with estimates, but the company issued a disappointing revenue forecast […]
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Amazon falls short on cloud revenue for third straight quarter
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon’s cloud business grew at a slower pace than expected in the first quarter, a third straight revenue miss. Revenue at Amazon Web Services increased 17% to $29.27 billion, while analysts polled […]
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Amazon reports first-quarter earnings after the bell
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025. Brendan McDermid | Reuters Amazon is slated to announce its first-quarter earnings after the market close Thursday. Here’s what analysts are looking for: Earnings per share: $1.36 expected, according to LSEG Revenue: $155.04 billion expected, according to […]
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Apple reports second-quarter earnings after the bell
Apple CEO Tim Cook greets former President Barack Obama at the inauguration of U.S. President Donald Trump at the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Getty Images Apple reports fiscal second-quarter earnings Thursday after the bell. Wall Street is eager to hear from Apple for the first […]
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Microsoft pops 9% after earnings beat, on pace for best day in 5 years
Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Microsoft shares popped 9% Thursday after the software giant issued strong guidance and robust cloud growth drove a top- and bottom-line beat in the third quarter. Shares are on […]
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UK stocks choppy amid best run in 8 years; Novo Nordisk jumps 5%
The morning after US President Trump’s announcement of European and worldwide trade tariffs, which included a 10% levy for imported goods from the UK, shoppers spend on Oxford Street beneath union jack flags in London’s West End, on 3rd April 2025, in London, England. Richard Baker | In Pictures | Getty Images LONDON — The […]
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McDonald’s reports largest U.S. same-store sales decline since 2020
McDonald’s on Thursday reported mixed quarterly results as its U.S. same-store sales fell for the second straight quarter, posting their largest domestic decline since the onset of the Covid pandemic. McDonald’s U.S. same-store sales shrank 3.6% as the chain faced bad weather and a more cautious consumer. That drop is the worst in McDonald’s home […]
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Meta Platforms jumps 6% on earnings beat, advertising resilience
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta Platforms shares jumped more than 6% Thursday after the company topped earnings expectations and showed advertising resilience in a murky macroeconomic environment. “Key here is that Meta’s adv. […]
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Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer treatment deal
Eli Lilly on Thursday reported first-quarter revenue and earnings that topped estimates as demand for its weight loss and diabetes drugs soared, but lowered its full-year profit guidance due to charges related to a recent cancer treatment deal. The pharmaceutical giant now expects its adjusted fiscal 2025 earnings to come in between $20.78 and $22.28 […]
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