DIS Earnings: Walt Disney Company Q1 revenue up 8%, earnings fall

[ad_1] The Walt Disney Company (NYSE: DIS) announced first-quarter 2023 results Wednesday after regular trading hours, reporting a drop in adjusted earnings despite an increase in revenues. The Burbank-headquartered entertainment behemoth said adjusted profit decreased to $0.99 per share in the December quarter from $1.06 per share a year earlier. On a reported basis, net … Read more

UBER Infographic: Uber Technologies Q4 revenue up 49%; earnings decline

[ad_1] Uber Technologies, Inc. (NYSE: UBER) reported a decline in net profit for the fourth quarter of 2022 when the ride-hailing company’s revenues increased by double digits amid strong booking growth. Net income for the December quarter was $595 million or $0.29 per share, compared to $892 million or $0.44 per share in the corresponding … Read more

CVS Earnings: CVS Health Q4 2022 profit, revenue increase

[ad_1] CVS Health Corporation (NYSE: CVS) on Wednesday announced financial results for the fourth quarter of 2022, reporting a modest increase in adjusted earnings and a 10% revenue growth. Fourth-quarter revenues increased 10% year-over-year to $83.8 billion, with all three operating segments registering year-over-year sales growth. Net income attributable to CVS Health, including special items, … Read more

Hertz forecasts upbeat revenue after profit tops on strong rental car demand By Reuters

[ad_1] © Reuters. Hertz car rental logo is seen in this illustration taken June 27, 2022. REUTERS/Dado Ruvic/Illustration By Priyamvada C (Reuters) -Hertz Global Holdings Inc said on Tuesday it expects revenue to rise sequentially in the second and third quarters of this year on the back of strong demand for rental cars in the … Read more

DuPont De Nemours earnings beat by $0.11, revenue fell short of estimates By Investing.com

[ad_1] © Reuters. DuPont De Nemours earnings beat by $0.11, revenue fell short of estimates Investing.com – DuPont De Nemours (NYSE: DD) reported fourth quarter EPS of $0.89, $0.11 better than the analyst estimate of $0.78. Revenue for the quarter came in at $3.1B versus the consensus estimate of $3.11B. Guidance DuPont De Nemours sees … Read more

Take-Two earnings missed by $1.80, revenue fell short of estimates By Investing.com

[ad_1] © Reuters. Take-Two earnings missed by $1.80, revenue fell short of estimates Investing.com – Take-Two (NASDAQ: TTWO) reported third quarter EPS of $-0.91, $1.80 worse than the analyst estimate of $0.89. Revenue for the quarter came in at $1.41B versus the consensus estimate of $1.46B. Guidance Take-Two sees FY 2023 EPS of $-4.50-$-4.40 versus … Read more

Twitter to share ad revenue with some content creators By Reuters

[ad_1] © Reuters. FILE PHOTO: The Twitter application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo (Reuters) – Twitter will start sharing revenue from advertisements with some of its content creators, Chief Executive Elon Musk said on Friday. Effective Friday, revenue from ads that appear on a creator’s reply threads, will … Read more

Amazon shares dip after hours on weaker-than-expected cloud revenue By Investing.com

[ad_1] © Reuters By Liz Moyer and Scott Kanowsky Investing.com — Amazon.com Inc (NASDAQ:) beat revenue expectations for the fourth quarter but top-line results from its key cloud business, Amazon Web Services, were slightly weaker than expected. Shares of the e-commerce giant fell 6% in after-hours trading. of $149.2 billion was 8.5% higher than the … Read more