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Business, Stocks

“Costco Stock Climbs After Earnings Beat, $15 Dividend Payout; Analysts Raise Price Targets”

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…

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Business

“Intel closes up 9% after earnings beat shows progress toward $3 billion in cost savings”

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…

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Stocks

“Shopify shares surge 15% on earnings beat, rosy guidance”

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…

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Stocks

“Roblox Stock Crashes 21% On Q2 Earnings…”

August 31, 2023

“On Aug. 9, Roblox shares crashed nearly 22% after the videogame company reported earnings below analysts’ expectations. Roblox lost 46 cents per share on bookings of $781 million. For the June-ended quarter, Roblox notched $781 million in net bookings and… Continue Reading…

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Business

“Walmart earnings smash expectations…”

August 17, 2023

“…In the retail giant’s second quarter earnings release, out before the market open on Thursday, Walmart posted same-store sales that rose 6.30%, more than the 4.04% expected, according to data from Bloomberg. Foot traffic increased for Walmart, up 2.8%, along with… Continue Reading…

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Business, Stocks

“GE Stock Jumps As Earnings Top, Free Cash Flow Estimate Raised” [89% Earnings Jump]

July 25, 2023

“…Estimates: Analysts, on average, expected GE earnings per share of 46 cents on revenue of $14.762 billion. Year-over-year comparisons were muddied by the GEHC spinoff. Results: GE earnings came in at 68 cents a share, up 89% from 36 cents… Continue Reading…

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Stocks

[Breaking Point?] “A $10 Trillion Stock Market Rally Faces Crucial Test in Earnings”

July 17, 2023

“A near-$10 trillion rally for global stocks this year will face a make-or-break moment as hundreds of companies report earnings over the next few weeks. S&P 500 firms are expected to post a 9% drop in profits in the second… Continue Reading…

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Business

“Uber May Add To Its 74% Run; Its 2024 Earnings Are Expected To Soar 119%”

July 4, 2023

“IBD 50 growth stock Uber (UBER) has gained 74% so far this year, and its chart suggests another run is in store… Uber’s sales growth, though still strong, has tapered off over the past three quarters and losses are narrowing. For the… Continue Reading…

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Business, Stocks

“Coca-Cola earnings beat estimates, fueled by price hikes and higher demand”

April 24, 2023

“Coca-Cola on Monday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by price hikes and higher demand for its drinks. Shares of the company rose 1% in premarket trading. Here’s what the company reported compared with what Wall… Continue Reading…

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Energy

“Exxon smashes Western oil majors’ earnings record with $56 billion profit for 2022”

February 1, 2023

“Exxon Mobil Corp posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry.… Continue Reading…

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