December 20, 2023
“…The retailer reported a 16.6% increase in earnings to $3.58 per share on 6.2% revenue growth to $57.8 billion in revenue. FactSet analysts expected 11% earnings growth to $3.41 per share on $57.79 billion in revenue. Net sales rose 6.2%… Continue Reading…
December 15, 2023
“U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting, likely keeping the economy on a moderate growth path this quarter and further alleviating fears of a recession. The… Continue Reading…
November 20, 2023
“Allianz SE reported a third-quarter profit that beat analysts’ estimates as its giant bond manager Pacific Investment Management Co. continued to attract new money. Group operating profit fell 15% to €3.47 billion ($3.7 billion), better than the €3.26 billion analysts… Continue Reading…
November 7, 2023
“Intel stock closed up 9.3% on Friday after the company beat Wall Street expectations for profit and sales. On Thursday, the chipmaker reported earnings per share of 41 cents, adjusted, versus the LSEG estimate of 22 cents. It posted $14.16 billion in revenue… Continue Reading…
November 3, 2023
“…Shares of Palantir closed up 20% Thursday after the company released third-quarter earnings that beat analysts’ expectations and raised full-year revenue guidance. Here’s how the company did: Palantir’s revenue for the third quarter increased 17% to $558 million, from $478 million a year earlier.… Continue Reading…
November 2, 2023
“Shopify stock jumped more than 15% on Thursday morning after the Canadian e-commerce company reported third-quarter results that beat expectations, and gave a strong forecast for the remainder of the year. Here’s how the company did for the quarter compared to LSEG (formerly… Continue Reading…
November 1, 2023
“BP the oil and gas company, missed analyst estimates for profit in the third quarter. It goes to show how hard it is for Big Oil to keep investors happy after making record profits last year. London-based BP (ticker: BP)… Continue Reading…
October 25, 2023
“Shares of RTX (RTX) jumped over 7% Tuesday after the defense contractor reported better-than-expected results, announced a stock buyback, and gave an upbeat assessment of the progress it is making on inspections of a potential jet engine defect. The company formerly… Continue Reading…
October 19, 2023
“…Analysts had projected AT&T earnings of 62 cents a share on revenue of $30.2 billion, according to FactSet. A year earlier, AT&T earned 68 cents a share on revenue of $30 billion from continuing operations. AT&T Stock: Free Cash Flow… Continue Reading…
October 19, 2023
“Netflix shares surged Thursday morning, after the company reported a boost in subscriber growth driven by a password-sharing crackdown efforts and interest in its new ad-supported tier. The streaming giant said after the market closed Wednesday that it had added 8.76 million global… Continue Reading…
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