Ferrari's EBIT profit margin, a widely-watched figure, increased a full percentage point to 26.9%.
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Thursday, 4 May 2023
Moderna posts surprise quarterly profit despite waning demand for Covid vaccines
Moderna maintained its full-year guidance of around $5 billion in revenue from its Covid vaccine, its only marketable product.
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Budweiser-owner AB InBev reports profit hike as beer drinkers shoulder higher prices
The beer industry demonstrated "resilience even in the context of an ongoing inflationary environment," the biggest brewer in the world said.
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Wednesday, 3 May 2023
Qualcomm gives light forecast, phone chip sales fall 17%
Qualcomm reported second-quarter earnings on Wednesday that saw sales from handset chips, a core business for the company, decline.
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CVS beats on earnings and revenue but lowers profit outlook
CVS lowered its earnings outlook due to costs associated with recent acquisitions.
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Tuesday, 2 May 2023
AMD revenue drops 9% as PC chip sales decline sharply
AMD's report comes as the PC industry is in a deep slump, with shipments dropping 30% in the first quarter, according to IDC.
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Starbucks is about to report earnings. Here's what to expect
Shares of Starbucks have risen 14.6% this year, giving the company a market value of $131 billion.
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Ford Motor is set to report earnings after the bell. Here's what Wall Street expects
Ford is expected to report adjusted earnings per share of 41 cents and automotive revenue of around $36 billion.
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Restaurant Brands earnings beats estimates, fueled by Tim Hortons' and Burger King's strong sales
Burger King's U.S. same-store sales climbed 8.7%, an early sign that its turnaround is taking hold.
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