Earnings

Palantir soars 25% to record high as AI powers strong earnings and guidance
Palantir surged more than 25% on Tuesday to a record high after reporting stronger-than-expected fourth-quarter results and guidance driven by ongoing artificial intelligence gains. The Denver-based software company posted adjusted earnings of 14 cents per share and $828 million in revenue. That topped the 11 cents per share and revenues of $776 million expected by […]
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McDonald’s Shamrock Shake returns — and so does Grimace’s uncle
McDonald’s Shamrock Shake Source: McDonald’s McDonald’s is leaning on customers’ nostalgia for its McDonaldland characters to spur sales of its Shamrock Shake. The company said Tuesday that Grimace will reunite with his Irish uncle, Uncle O’Grimacey, bringing the mascot out of retirement after decades out of the spotlight. McDonald’s originally created Uncle O’Grimacey in 1975 […]
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Stocks making the biggest moves premarket: Pfizer, PepsiCo, Palantir, Merck & more
Check out the companies making headlines before the bell. Pfizer — The pharmaceutical stock added 1.8% on better-than-expected fourth-quarter results . Pfizer reported adjusted earnings of 63 cents per share on $17.76 billion in revenue. Analysts polled by LSEG estimated earnings of 47 cents per share on revenue of $17.36 billion. PepsiCo — Shares of […]
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Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off
Albert Bourla, chairman and CEO of Pfizer, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | Reuters Pfizer on Tuesday reported fourth-quarter earnings and revenue that beat estimates as sales of the company’s Covid products topped expectations and its broad cost-cutting efforts took […]
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PayPal reports fourth-quarter earnings beat as growth picks up at Venmo
Alex Chriss, CEO of PayPal Inc. Courtesy: PayPal PayPal reported better-than-expected fourth-quarter results on Tuesday and issued guidance that also topped analysts’ expectations. The shares slid more than 6% in premarket trading. Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: Earnings per share: $1.19, adjusted vs. […]
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Luxury carmaker Ferrari posts 21% uptick in full-year profit, sees 2025 growth
The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital. Martyn Lucy | Getty Images News | Getty Images Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization. Ferrari posted net profit of 1.53 billion euros ($1.58 billion) […]
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PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America
Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. Michael M. Santiago | Getty Images PepsiCo reported mixed quarterly results on Tuesday as demand for its snacks and drinks fell in North America for the fifth straight quarter. […]
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Merck’s 2025 revenue outlook falls short as it pauses Gardasil vaccine shipments to China
Sopa Images | Lightrocket | Getty Images Merck on Tuesday issued full-year 2025 revenue guidance that fell short of Wall Street’s expectations, as the company temporarily paused shipments of a key vaccine into China. The pharmaceutical giant anticipates 2025 sales of $64.1 billion to $65.6 billion, lower than the $67.31 billion that analysts surveyed by […]
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Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo on Tuesday reported weaker-than-expected top and bottom results for its fiscal third quarter, slashing its forecast for the Switch console ahead of the release of […]
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Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Fabrice Coffrini | Afp | Getty Images Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, launching a $1 billion share buyback program in the first half of 2025. The net profit figure compares with a mean forecast of $886.4 million in a LSEG poll of analysts and with a $483 […]
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