Friday, 30 July 2021

Burger King parent earnings top estimates as domestic digital sales grow nearly 60%

Restaurant Brands International topped Wall Street's estimates for its second-quarter earnings and revenue.

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Chevron tops estimates and announces buyback plan amid recovery in oil prices

Chevron and Exxon reported second quarter results on Friday.

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Procter & Gamble is set to report earnings before the bell

P&G, whose portfolio includes Tide detergent, Charmin toilet paper and Pampers diapers, is on track to raise prices on some products this autumn.

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Thursday, 29 July 2021

Pinterest lost users in Q2, and the stock is plunging

Pinterest shares plunged in after-hours trading on Thursday after the company reported its second-quarter earnings, after the company reported a decline in monthly users during Q2.

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Amazon set to report Q2 earnings

Amazon held Prime Day from June 21-22 during the second quarter.

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Yum Brands tops earnings estimates as sales rebound at Taco Bell, KFC and Pizza Hut

Shares of Yum Brands rose more than 2% after the company reported better-than-expected second-quarter earnings and revenues on Thursday.

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Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar

Shell boosted its dividend for the second consecutive quarter and announced the launch of a $2 billion share buyback program.

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Comcast set to report Q2 earnings before the bell

Investors will continue to keep an eye on how Peacock is faring in the streaming wars.

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Volkswagen posts record first-half earnings and raises profit margin target

Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin.

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Wednesday, 28 July 2021

PayPal comes in light on revenue, profit drops from last year

PayPal shares fell as much as 8% in extended trading on Wednesday after reporting second-quarter earnings that were weaker than analysts had expected.

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Qualcomm shares rise as revenue pops 63% driven by chip sales

Qualcomm revenue was up 63% from the same period last year, and earnings per share more than doubled annually in the quarter that ended on June 27.

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Facebook set to report its Q2 earnings

Analysts are expecting Facebook to show the fastest revenue growth in three years as it compared against a period of slow growth as Covid emerged last year.

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Ford is set to report results after the bell. Here's what Wall Street expects

Ford is expected Wednesday to report a slight loss for the second quarter due to the semiconductor chip shortage causing significant production cuts.

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Boeing posts surprise profit as aircraft demand rebounded from pandemic slump

Boeing posted a surprise profit, snapping six straight quarters of losses, thanks to a revival in aircraft demand.

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Pfizer sells $7.8 billion in Covid shots in the Q2, raises 2021 guidance on vaccine sales

Pfizer said Wednesday it is raising the 2021 sales forecast of its Covid-19 vaccine to $33.5 billion from $26 billion.

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Here's what to expect from McDonald's earnings

Shares of the company have risen 14% this year, giving it a market value of $189 billion.

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Tuesday, 27 July 2021

Apple set to report earnings after the bell

The June quarter is typically Apple's slowest of the year, but the company has recently seen a surge in Mac and iPad sales during the pandemic.

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Alphabet set to report Q2 2021 earnings after the bell

It comes one year after the company's first-ever annualized revenue decline in Q2 2020.

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Microsoft set to report earnings after the bell

Microsoft signaled that improvements in advertising and labor markets should boost parts of its business, alongside continued Azure cloud strength.

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Here's what to expect from Starbucks earnings

Starbucks is expected to report its fiscal third-quarter earnings after the bell Tuesday.

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Monday, 26 July 2021

Tesla set to report earnings after the bell

Investors will be looking for info about new factories, parts shortages, and commercial production of the Cybertruck and custom battery cells.

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Thursday, 22 July 2021

Twitter posts fastest revenue growth since 2014 in pandemic rebound

Twitter's business rebounded in the second quarter after experiencing a sharp decline last year with the arrival of the coronavirus pandemic.

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Snap pops more than 13% on earnings beat and user growth

Snap on Thursday reported its second quarter earnings, beating expectations across the board for earnings, revenue and user growth.

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Intel beats as PC platform volume increases 33% from last year

CEO Pat Gelsinger has announced plans for Intel to transform itself by manufacturing chips for other companies.

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Domino's revenue beats as pizza demand remains strong in the U.S.

Domino's reported 3.5% same-store sales growth in the United States for its second quarter.

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Biogen's controversial Alzheimer’s drug generates $2 million in first few weeks after approval

Biogen's Alzheimer's drug, Adhulem, generated $2 million in revenue in the first few weeks of its approval, the company said in its second-quarter earnings.

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American, Southwest post quarterly profits, boosted by travel surge, federal aid



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Crocs reports record revenue, raises full-year guidance amid strong demand

Crocs reported second-quarter earnings on Thursday that beat.

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Wednesday, 21 July 2021

Johnson & Johnson expects $2.5 billion in global sales from Covid vaccine this year

Global sales of the Covid vaccine in the quarter were $164 million.

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Here's what to expect from Coca-Cola's second-quarter earnings

Shares of Coke have risen 2% this year, giving the company a market value of $241 billion.

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Tuesday, 20 July 2021

United Airlines narrows losses, plans to ramp up flying to meet strong travel demand

United Airlines narrowed its losses and plans to increase flying to cater to higher travel demand.

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Netflix set to report second-quarter earnings after the bell

Wall Street has low expectations for Netflix's subscriber growth for the quarter.

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Here's what to expect from Chipotle Mexican Grill earnings

Shares of Chipotle have risen 13% this year, giving the company a market value of $44.1 billion.

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Monday, 19 July 2021

IBM shows strongest revenue growth in three years

IBM reported the fastest revenue growth in three years as it laps a quarter that saw impact from the coronavirus. The company's consulting unit grew almost 12%.

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Thursday, 15 July 2021

Wednesday, 14 July 2021

Wells Fargo profit tops expectations with boost from release of money set aside for loan losses

Wells Fargo on Wednesday reported second-quarter earnings and revenue results that topped Wall Street's expectations.

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Delta reports profit since 2019 thanks to federal aid, improving revenue as travelers return

Delta's quarterly report came in better than Wall Street estimates as travelers returned and federal aid drove it to its first profit since 2019.

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Citigroup is set to report second-quarter earnings — here’s what the Street expects

CEO Jane Fraser announced in April that Citigroup was exiting retail operations in 13 countries outside the U.S. to improve returns.

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Bank of America is set to report second-quarter earnings —here’s what the Street expects

Will Bank of America join rivals in posting a quarterly boost from the release of loan loss reserves?

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Tuesday, 13 July 2021

Earnings season starts with sky-high stock prices and soaring expectations

On paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months.

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Goldman Sachs is set to report second-quarter earnings – here’s what the Street expects

Goldman Sachs is set to report its second-quarter earnings before the bell on Tuesday.

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JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects

JPMorgan Chase is the first major lender to report second-quarter earnings.

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PepsiCo earnings crush estimates as restaurant demand returns, company raises forecast

PepsiCo on Tuesday reported that its quarterly revenue rose more than 20% as restaurant demand for its drinks returned, fueling an earnings beat.

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Saturday, 10 July 2021

Earnings season begins in the week ahead with eye-popping growth set to validate market's 2021 run

Strong earnings results might signal peak growth for corporate America but they could give the volatile market a temporary relief.

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Friday, 2 July 2021

Ford's June sales decline by 26.9% as company misses second-quarter expectations

Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place.

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Thursday, 1 July 2021

GM's second quarter sales up nearly 40% but slightly miss analyst expectations

GM reported sales of 688,236 vehicles during the second quarter, up 39.7% from a year earlier when the coronavirus pandemic caused buyers to shelter in place.

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Walgreens earnings top estimates, company raises forecast, unveils turnaround strategy



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