Earnings
EA shares plunge 19%, on track for worst day since dot-com bubble
A sign is posted in front of the Electronic Arts headquarters in Redwood City, California, on March 30, 2023. Justin Sullivan | Getty Images Shares of Electronic Arts headed for their steepest drop since 1999 after the video game publisher cut its full-year bookings guidance, due mostly to challenges with its soccer franchise. The stock […]
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American Airlines shares tumble as outlook falls short
An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 10%. The carrier forecast an adjusted loss per share […]
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EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Visitors play the ‘EA Sports FC 25’ game in front of a placard with England’s midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany on Aug. 21, 2024. Ina Fassbender | AFP | Getty Images Electronic Arts slashed its full-year bookings […]
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Stocks making the biggest midday moves: Netflix, Johnson & Johnson, Oracle, Ford and more
Check out the companies making headlines in midday trading. Netflix — The streaming giant soared nearly 12% to an all-time high on the heels of better-than-expected results in the fourth quarter. Netflix reported earnings per share of $4.27 on revenue of $10.25 billion. Analysts polled by LSEG forecast $4.20 per share and $10.11 billion in […]
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Stocks making the biggest moves premarket: Netflix, United Airlines, Procter & Gamble, Oracle and more
Check out the companies making headlines before the bell. Netflix — Shares popped more than 15% after the company announced a top- and bottom-line beat on Tuesday night. The streaming service earned $4.27 per share on $10.25 billion in revenue for the fourth quarter. Analysts surveyed by LSEG had expected earnings of $4.20 per share […]
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Procter & Gamble earnings beat estimates as shoppers buy more household staples
Pepto Bismol made by Procter & Gamble is displayed on a grocery store shelf on July 28, 2023 in Greenbrae, California. Justin Sullivan | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that beat analysts’ expectations, thanks to growing demand for household staples like toilet paper and laundry products. Shares of the company rose […]
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Netflix to hike prices on standard and ad-supported streaming plans
The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora. Rolf Vennenbernd | Picture Alliance | Getty Images Netflix is hiking the price of most of its U.S. plans. The streaming giant announced on Tuesday that its standard plan without commercials will increase from […]
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United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024
A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images United Airlines forecast first-quarter earnings that surpassed analysts’ estimates […]
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Stocks making the biggest moves midday: Apple, 3M, Walgreens, Moderna, Urban Outfitters and more
Check out the companies making headlines in midday trading. Apple — Shares tumbled 4% after Jefferies downgraded the iPhone maker to underperform from hold. The firm said Apple’s AI outlook is “subdued” and believes it may miss on revenue when it reports fiscal first quarter results later this month. Loop Capital also lowered its rating […]
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Netflix earnings are after the bell. Here’s what to expect
Nurphoto | Nurphoto | Getty Images LOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday. Wall Street will be paying close attention to details surrounding the company’s advertising-supported business model, its recent collection of live sporting events and the continued impact of its password crackdown on subscriber numbers. After […]
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