[ad_1] Shares of Pinterest, Inc. (NYSE: PINS) dropped this week after the image-sharing platform reported weaker-than-expected Q4 revenues and issued cautious guidance for the first quarter. After turning profitable a few years ago, the company has maintained positive earnings in almost every quarter, despite the disruptions caused by the pandemic. While its unique business … Read more
[ad_1] Tyson Foods Inc. (NYSE: TSN) reported first quarter 2023 earnings results today. Sales rose 2.5% year-over-year to $13.2 billion. Net income attributable to Tyson was $316 million, or $0.88 per share, compared to $1.12 billion, or $3.07 per share, last year. Adjusted EPS fell 70% YoY to $0.85. Tyson expects sales to be $55-57 … Read more
[ad_1] GoPro, Inc. (NASDAQ: GPRO) reported revenue of $321 million for the fourth quarter of 2022, which was down 18% year-over-year. GAAP net income was $3 million, or $0.02 per share, compared to $53 million or $0.32 per share in the prior year period. Adjusted net income was $21 million, or $0.12 per share. For … Read more
[ad_1] Ford Motor Company (NYSE: F) reported revenues of $44 billion for the fourth quarter of 2022, which was up 17% year-over-year. Net income was $1.3 billion, or $0.32 per share, compared to $12.3 billion, or $3.03 per share, last year. Adjusted EPS was $0.51. Adjusted EBIT was $2.6 billion in Q4 2022. For FY2023, … Read more
[ad_1] President Joe Biden will face no small task on Tuesday night, when he delivers his State of the Union speech after a little more than two years in office. Biden looks poised to tackle the debt-limit standoff, recession worries and acts of violence at home and abroad in his remarks. At the same time, … 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
