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United States Steel Corporation (X) Q4 2022 Earnings Call Transcript

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[ad_1] United States Steel Corporation (XNYX: X) Q4 2022 earnings call dated Feb. 03, 2023 Corporate Participants: Kevin Lewis — Vice-President, Finance Dave Burritt — President and Chief Executive Officer Jessica Graziano — Senior Vice-President and Chief Financial Officer Rich Fruehauf — Senior Vice President and Chief Strategy and Sustainability Officer Analysts: Alex Hacking — Citi — Analyst Tristan Gresser — PNB Paribas Exane — Analyst Emily … Read more

Cigna Corporation (CI) Q4 2022 Earnings Call Transcript

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[ad_1] Cigna Corporation (NYSE: CI) Q4 2022 earnings call dated Feb. 03, 2023 Corporate Participants: Ralph Giacobbe — Senior Vice President of Investor Relations David Cordani — Chairman and Chief Executive Officer Brian Evanko — Chief Financial Officer Analysts: A.J. Rice — Credit Suisse — Analyst Gary Taylor — Cowen & Co. — Analyst Erin Wright — Morgan Stanley — Analyst Kevin Fischbeck — BofA Merrill Lynch — Analyst … Read more

Hot Stocks: CRUS rises on earnings; BILL falls; JWN activist interest; CNC 52-week low

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[ad_1] Stocks dropped on Friday, weighed down by a stronger-than-expected jobs report and poorly received earnings reports from Amazon and Alphabet. The robust employment growth raised fears that the Federal Reserve would need to push rates even higher to get inflation under control. Amid the overall slide, Bill.com (BILL) was a standout decliner, as its … Read more

Nasdaq, S&P, Dow edge lower after unexpectedly strong jobs report; tech earnings weigh

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[ad_1] 400tmax U.S. stocks edged lower on Thursday, weighed by big technology stocks and a surprisingly strong jobs report that fanned fears that the Federal Reserve could stick to keeping rates elevated. Amazon (AMZN) and Alphabet (GOOG) (GOOGL) dragged the tech-heavy Nasdaq Composite (COMP.IND) after disappointing earnings, with the index dropping 1.5%. The S&P 500 … Read more

What to expect when Tyson Foods (TSN) reports Q1 2023 earnings next week

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[ad_1] Shares of Tyson Foods Inc. (NYSE: TSN) were down 1% on Friday. The stock has dropped 27% over the past 12 months. The company is scheduled to report its first quarter 2023 earnings results on Monday, February 6. Here’s a look at what to expect from the report: Revenue Analysts estimate sales of $13.5 … Read more

Many companies try to blame their poor earnings on the U.S. dollar. Don’t believe it.

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[ad_1] The U.S. dollar has become an all-too-convenient whipping boy for S&P 500 SPX, -0.10% corporations trying to explain why their earnings have come up short. You should take such explanations with a healthy grain of salt. The U.S. Dollar Index DXY, +0.98% has declined in recent months. Yet regardless of whether the the index … Read more

Earnings: Qualcomm (QCOM) Q1 profit falls on lower revenues

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[ad_1] Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) has reported lower earnings and revenues for the first quarter of 2023. The company also provided guidance for the second quarter of 2023. At $9.5 billion, first-quarter revenues were down 12% from the prior-year quarter. Both the QCT and QTL segment revenues declined by double digits. Net income was … Read more

Infographic: Highlights of Gilead Sciences (GILD) Q4 2022 earnings report

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[ad_1] Biopharmaceutical company Gilead Sciences Inc (NASDAQ: GILD) has reported a sharp increase in net profit for the fourth quarter of 2022 when its revenues moved up 2%. Revenues increased by 2% annually to $7.4 billion in the final three months of fiscal 2022. A 58% increase in international product sales more than offset weakness … Read more