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Business, Stocks

“Procter & Gamble earnings beat estimates, but quarterly sales disappoint as China demand slides”

July 31, 2024

“…Shares of the company fell 5% in morning trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: P&G reported fiscal fourth-quarter net income attributable to the company of… Continue Reading…

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Business

“TSMC second-quarter revenue jumps on AI boost, handily beats market forecasts”

July 12, 2024

“TSMC, the world’s largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market forecasts, on the back of booming demand for artificial intelligence (AI) applications… Revenue in the April-June period of this year came in… Continue Reading…

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Stocks

“Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hike”

May 28, 2024

“Nvidia (NVDA) stock rose 9.3% on Thursday, closing above $1,000 for the first time and giving the chip giant a market cap north of $2.5 trillion after reporting first quarter earnings that once again blew away forecasts. Nvidia’s first quarter results, released… Continue Reading…

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Business

“Lowe’s beats on earnings and revenue, even as consumers spend less on DIY projects”

May 28, 2024

“Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Tuesday, even as do-it-yourself customers bought fewer pricey items… Lowe’s stuck by its full-year forecast. It said it expects total sales of between $84 billion and $85 billion, which would be a… Continue Reading…

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Business

“AT&T beats estimates for subscriber additions, free cash flow”

May 1, 2024

“…But revenue came in at $30 billion, below LSEG expectations of $30.54 billion, as the U.S. telecom space continues to see muted phone upgrades. Adjusted profit for the quarter was 55 cents per share, in line with expectations…” https://finance.yahoo.com/news/t-beats-estimates-subscriber-additions-103413531.html When… Continue Reading…

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Stocks

“Shares of Micron pop 14% on earnings beat driven by AI boom”

March 28, 2024

“… Here’s how the company did: Micron said revenue rose to $5.82 billion from $3.69 billion in the year ago quarter. The company reported a net income of $793 million, up from a net loss of $2.3 billion in the… Continue Reading…

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Stocks

“Temu-Owner PDD Holdings Easily Beats Q4 Estimates As Revenue Doubles”

March 25, 2024

“…For the three months ending Dec. 31, PDD Holdings said it earned an adjusted 15.83 Chinese yuan ($2.23) per share on sales of 88.88 billion yuan ($12.52 billion). On average, analysts were expecting PDD to post earnings of $1.57 per… Continue Reading…

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Stocks

“Shares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise”

March 19, 2024

“… …” https://www.cnbc.com/2024/03/14/dicks-sporting-goods-dks-earnings-q4-2023.html

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Stocks

“Nvidia stock surges after earnings beat estimates across the board”

February 27, 2024

“….For the quarter, Nvidia reported adjusted earnings per share (EPS) of $5.16 on revenue of $22.1 billion. Analysts were expecting EPS of $4.60 on revenue of $20.4 billion. That’s a massive jump from the same period last quarter when Nvidia… Continue Reading…

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Stocks

“SoftBank shares extend their surge, pop more than 15% on earnings beat”

February 23, 2024

“Shares of SoftBank Group rose as much as 15.29% Friday morning, a day after the Japanese investment firm posted earnings that beat analysts’ expectations. SoftBank’s on Thursday posted its first quarterly profit following four quarters of losses, thanks to big gains at… Continue Reading…

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