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Business, Stocks

“McDonald’s earnings, revenue miss estimates as consumer pullback worsens” [Jul 29 2024]

July 30, 2024

“Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: The fast-food giant reported second-quarter net income of $2.02 billion, or $2.80 per share, down from $2.31 billion, or $3.15… Continue Reading…

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Stocks

“Dexcom shares plummet almost 40% after company misses on revenue, lowers guidance” [Jul 25 2024]

July 30, 2024

“Shares of Dexcom tumbled almost 40% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. Here’s how the company did: Dexcom’s revenue increased 15% from $871.3 million a year earlier, according to a… Continue Reading…

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Banking

“Citigroup tops expectations for profit and revenue on strong Wall Street results” [Jul 12 2024]

July 26, 2024

“… …” https://www.cnbc.com/2024/07/12/citigroup-c-earnings-q2-2024.html

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Banking

“JPMorgan Chase tops second-quarter revenue expectations on strong investment banking” [Jul 12 2024]

July 26, 2024

“… …” https://www.cnbc.com/2024/07/12/jpmorgan-chase-jpm-earnings-q2-2024.html

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Stocks

“Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue”

July 25, 2024

“…Here is how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG: The Dallas-based airline said its second-quarter revenue rose 4.5% from last year to $7.35 billion, a record, but its profit dropped more… 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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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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Stocks

“Reddit shares soar 11% after company reports revenue pop in debut earnings report”

May 10, 2024

“…Here’s how the company did: Revenue climbed 48% from $163.7 million a year earlier. The company reported $222.7 million in ad revenue for the period, up 39% year over year, which is a faster rate of growth than at its… Continue Reading…

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Stocks

“Snap shares soar 23% as company beats on earnings, shows strong revenue growth”

May 2, 2024

“Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 23% in extended trading.   Here’s how the company did:  Revenue for Snap’s first quarter increased 21% from $989 million in the… Continue Reading…

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Business

“Verizon Earnings Top Views, Wireless Service Revenue Beats On Price Hikes”

May 1, 2024

“Verizon Communications (VZ) on Monday reported first-quarter earnings that fell from a year earlier but topped Wall Street estimates. Verizon stock initially rose, then reversed down although wireless service revenue came in above expectations. Reported before the market open, Verizon earnings… Continue Reading…

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