[ad_1] 2/2 © Reuters. A 3D printed Facebook’s new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/Files 2/2 By Sheila Dang (Reuters) – After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week … Read more
[ad_1] Despite posting record first-quarter revenue, Starbucks Corp. saw its stock fall in extended trading Thursday as it failed to meet Wall Street estimates because of weakness in China. Starbucks SBUX, -0.76% shares dropped more than 3.5% after hours, after falling less than 1% in the regular session to close at $109.15, and seesawed up … Read more
[ad_1] The Estée Lauder Companies Inc. (NYSE: EL) Q2 2023 earnings call dated Feb. 02, 2023 Corporate Participants: Rainey Mancini — Senior Vice President, Investor Relations Fabrizio Freda — President and Chief Executive Officer Tracey T. Travis — Executive Vice President and Chief Financial Officer Analysts: Lauren Lieberman — Barclays Investment Bank — Analyst Dara Mohsenian — Morgan Stanley — Analyst Peter Grom — UBS — Analyst … Read more
[ad_1] 400tmax/iStock Unreleased via Getty Images Amazon.com Inc. (NASDAQ:AMZN) stock wavered in Thursday’s extended trading as the market digested a mixed Q4 earnings report. Headlining the quarterly results was a big revenue beat, with $149.2B in revenue exceeding analyst estimates by $3.43B. However, AWS sales came in slightly slower than already tempered estimates, hitting $21.38B … Read more
[ad_1] Alphabet Inc.’s stock slipped nearly 5% in extended trading Thursday after the tech giant missed slightly on revenue and earnings in ho-hum quarterly results. Google’s parent company reported fiscal fourth-quarter total revenue of $76.05 billion, up from $75.3 billion a year ago. Earnings were $13.62 billion, or $1.05 per share, compared with $20.64 billion, … Read more
[ad_1] Qualcomm Inc. shares rose in the extended session Thursday after the chip maker slightly beat Wall Street expectations on earnings, and projected confidence amid an outlook that fell just short of the consensus. Qualcomm QCOM, -1.89% shares rose 3% after hours, following a 1.9% decline in the regular session to close at $135.85. “The … Read more
[ad_1] Amazon.com earnings missed by $0.14, revenue topped estimates Investing.com – Amazon.com (NASDAQ: AMZN) reported fourth quarter EPS of $0.03, $0.14 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $149.2B versus the consensus estimate of $145.64B. Guidance Amazon.com sees Q1 2023 revenue of $121.00B-$126.00B versus the analyst consensus of … Read more
[ad_1] Shares of Take-Two Interactive Software Inc. (NASDAQ: TTWO) were up slightly on Thursday. The stock has dropped 31% over the past 12 months. The company is scheduled to report its third quarter 2023 earnings results on Monday, February 6. Here’s a look at what to expect from the upcoming report: Revenue Take-Two has guided … Read more
[ad_1] Merck (NYSE: MRK) reported fourth quarter 2022 earnings results today. Sales increased 2% year-over-year to $13.8 billion. GAAP net income fell 17% to $3 billion, or $1.18 per share, last year. Adjusted EPS dropped 7% to $1.62. For FY2023, Merck expects revenue of $57.2-58.7 billion and adjusted EPS of $6.80-6.95. Prior performance [ad_2] Source … Read more
