Friday, 28 January 2022

Chevron shares retreat from a record after fourth-quarter profit falls short of expectations

Chevron earned $2.56 per share excluding items during the fourth quarter, while analysts had been expecting $3.12 per share.

from Earnings https://ift.tt/3rVscad
via IFTTT

Atlassian jumps as quarterly results top estimates and company raises guidance for 2022 subscriptions

Atlassian raised its subscription growth forecast for the fiscal year as it plans to raise prices. The company also acquired start-up Percept.ai.

from Earnings https://ift.tt/35wyO7x
via IFTTT

Thursday, 27 January 2022

Robinhood shares tank 15% after it loses users, forecasts weak revenue

The newly public brokerage anticipates first-quarter revenue of less than $340 million, down 35% compared to 2021.

from Earnings https://ift.tt/3G95mBc
via IFTTT

Apple reports first-quarter earnings after the bell

Investors will look for how well Apple managed its supply chain during a worldwide shortage of parts needed to build electronics.

from Earnings https://ift.tt/3KN1nhd
via IFTTT

Southwest Airlines says omicron will drive a first-quarter loss but expects 2022 profits

Southwest Airlines said it will post losses in January and February but return to profitability by March.

from Earnings https://ift.tt/3AzFai1
via IFTTT

Comcast beats earnings expectations, but falls short on new internet customers

Comcast Cable's CEO during an event last month predicted a full-year number that fell below estimates.

from Earnings https://ift.tt/3H6tlCr
via IFTTT

McDonald's earnings miss estimates as rising costs weigh on profits

It marks the fourth earnings miss for the company in eight quarters.

from Earnings https://ift.tt/3H8EClF
via IFTTT

Deutsche Bank posts a surprise profit on strong investment bank performance

DB's investment bank saw quarterly revenues climb, defying market expectations for a slowdown in the division.

from Earnings https://ift.tt/32Bsk69
via IFTTT

Beaten-down cloud software stocks get boost as ServiceNow and Qualtrics top estimates

An index of cloud software stocks is down 38% from its high in November, but two key members gave a reason for optimism on Wednesday.

from Earnings https://ift.tt/3u0NQN5
via IFTTT

Wednesday, 26 January 2022

Intel reports better-than-expected results and delivers upbeat guidance

Intel said it expected $18.3 billion in adjusted sales in the first quarter of 2022, beating consensus analyst expectations of $17.62 billion. 

from Earnings https://ift.tt/3H4ISCL
via IFTTT

Tesla reports fourth-quarter earnings after the bell

Tesla's Q4 2021 earnings report comes in the midst of the most important tech earnings season in years.

from Earnings https://ift.tt/3H4QrZT
via IFTTT

Boeing takes $3.5 billion charge on 787 Dreamliner but generates positive cash flow for first time since 2019

Deliveries of Boeing's 787 Dreamliner plane have been paused for most of the last 15 months.

from Earnings https://ift.tt/3HfWF9i
via IFTTT

Tuesday, 25 January 2022

Microsoft set to report earnings after the close

Analysts are looking for a slowdown in Microsoft's growth rate as it faces supply shortages that might cut into sales of Windows licenses and Xbox consoles.

from Earnings https://ift.tt/3AvHRkx
via IFTTT

J&J expects more than $3 billion in Covid vaccine sales this year in mixed quarterly report

J&J's revenue of $24.8 billion rose 10.8%, mostly driven by $1.82 billion in international sales of its Covid vaccine.

from Earnings https://ift.tt/3qXcY5g
via IFTTT

Monday, 24 January 2022

IBM shares jump after company reports 6% revenue growth in fourth quarter

IBM's revenue growth accelerated, and the company's net income jumped in the quarter after the spinout of a major part of its business.

from Earnings https://ift.tt/3FVJ7yj
via IFTTT

Thursday, 20 January 2022

Netflix set to report fourth-quarter earnings after the bell

Netflix reports fourth-quarter earnings after the bell on Thursday.

from Earnings https://ift.tt/3qKA5zS
via IFTTT

American Airlines posts slightly higher revenue, narrower loss than expected

Delta and United previously warned that the omicron spread would delay a rebound in travel.

from Earnings https://ift.tt/3qJ3UAU
via IFTTT

United warns omicron will delay travel recovery, drive up costs

The Chicago-based airline said it expects first-quarter revenue to be 20% to 25% below the same period in 2019 when it generated $9.59 billion.

from Earnings https://ift.tt/3IieODJ
via IFTTT

Wednesday, 19 January 2022

P&G earnings top estimates as price hikes offset rising costs, company raises 2022 sales forecast

Shares of P&G have climbed 18% in the last 12 months, giving the company a market value of $387 billion.

from Earnings https://ift.tt/3qGMh4F
via IFTTT

Morgan Stanley is set to report fourth-quarter earnings — here’s what the Street expects

How will Morgan Stanley navigate the next phase in markets?

from Earnings https://ift.tt/3IdjgU4
via IFTTT

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

How well did Bank of America navigate the jump in employee expenses that has stung rivals?

from Earnings https://ift.tt/3tFP7J7
via IFTTT

Tuesday, 18 January 2022

Goldman shares drop 8% after earnings miss on surging expenses, equities trading slowdown

Amid rising rates and slowing markets, how will CEO David Solomon navigate the next phase?

from Earnings https://ift.tt/3rrFSJY
via IFTTT

Friday, 14 January 2022

Wells Fargo shares rise 2% as fourth-quarter revenue tops estimate

The fourth biggest U.S. bank by assets posted quarterly revenue that exceeded analysts' expectations.

from Earnings https://ift.tt/3fmdeUT
via IFTTT

Citigroup is set to report fourth-quarter earnings – here’s what the Street expects

Citigroup is set to report its fourth-quarter results later on Friday.

from Earnings https://ift.tt/3qsqwWe
via IFTTT

JPMorgan Chase earnings are out – Here are the numbers

Analysts have pointed to a lending rebound in the fourth quarter, driven by demand from corporations and credit card borrowers.

from Earnings https://ift.tt/3FtE4oP
via IFTTT

Thursday, 13 January 2022

Delta expects omicron will drive quarterly loss but forecasts 2022 profit on travel rebound

Delta expects travel to recover this spring after cases of the omicron variant peak.

from Earnings https://ift.tt/31TruBo
via IFTTT

Omicron disrupts transit, emergency services as workers call out sick: 'Most people are going to get Covid'

"It's hard to process what's actually happening right now, which is most people are going to get Covid," acting FDA Commissioner Janet Woodcock said.

from Earnings https://ift.tt/3HYfwpt
via IFTTT

Monday, 10 January 2022

Apple chipmaker TSMC notches another quarterly sales record on strong demand

TSMC, which makes chips for companies like Apple, reported a sixth straight quarter of record sales as demand for its products rose amid a supply crunch.

from Earnings https://ift.tt/3F9WHOs
via IFTTT

Thursday, 6 January 2022

Bed Bath & Beyond's supply chain issues hammered results. Its stock is up anyway

Bed Bath & Beyond CEO Mark Tritton said a lack of inventory due to supply chain bottlenecks cost Bed Bath & Beyond about $100 million.

from Earnings https://ift.tt/3G3eYOr
via IFTTT

Walgreens shares rise after its earnings get lift from Covid vaccines and testing, raises forecast

Walgreens said it administered 15.6 million Covid vaccines in the latest quarter — bringing its total to more than 56 million to date.

from Earnings https://ift.tt/3zyudMR
via IFTTT