Earnings

Snap soared after an earnings report that beat analyst expectations, with shares jumping up to 28 percent during after-hours trading. The company reported Q4 earnings on Tuesday after the bell: Revenue: $285.7 million versus $252.9 million estimated, according to a Thomson Reuters consensus estimate Earnings: Loss of 13 cents a share vs. 16 cents per
0 Comments
General Motors reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, driven by sales of crossovers, and strong pricing and cost controls. The beat comes in spite of declining wholesale volumes, GM said Tuesday. The company reduced inventories to meet slackening demand, and finished refreshing its high-margin crossover portfolio with the launches of
0 Comments
Bristol-Myers Squibb said its immunotherapy Opdivo helped patients with a common type of lung cancer live longer without the disease worsening in an eagerly awaited late-stage study. Shares fell 1 percent after trading up 3 percent in morning trade on Monday. The company, which also reported better-than-expected quarterly earnings, said the trial was testing Opdivo
0 Comments
Revenue last year was boosted by a bumper haul of “externalization” deals, involving asset sales and collaborations with other companies, which some analysts have criticised for flattering results. Such deals contributed $2.3 billion in 2017 out of total revenue of $22.5 billion, but AstraZeneca said they had peaked and would decline in 2018. AstraZeneca has
0 Comments
Tomohiro Ohsumi | Getty Images Sony Corp. CEO Kazuo Hirai speaks during a press conference on June 29, 2016 in Tokyo, Japan. Japan’s Sony on Friday reported a nearly four-fold jump in third-quarter operating profit on growing demand for its image sensors, and raised its full-year earnings outlook. The electronics firm posted an operating profit
0 Comments
Merck posted mixed fourth-quarter results, beating earnings expectations but falling short of revenue estimates despite skyrocketing Keytruda sales. Here’s how the company did compared with what Wall Street expected: EPS: 98 cents vs. 94 cents per share, according to Thomson Reuters Revenue: $10.43 billion vs. $10.5 billion, according to Thomson Reuters In the fourth quarter,
0 Comments
Apple‘s earnings are out and the company said it sold 77.3 million iPhones during the December quarter, Apple’s fiscal Q1 2018. Apple revealed the number in its earnings report, which just crossed the wire. Wall Street was looking for 80 million iPhones sold for the quarter, according to a FactSet consensus estimate. A year ago,
0 Comments
Almost a dozen years after becoming available, AWS has come to be a significant contributor to its parent company. In the fourth quarter of 2014, almost 5 percent of Amazon’s revenue came from AWS. In the fourth quarter of 2017, that figure was about 8.5 percent. Across all of 2017, approximately 10 percent of Amazon’s
0 Comments
Apple made some risky choices over the holiday season, and Thursday it had to reckon with Wall Street. Apple released three iPhones in the fall — one more than usual. And the flagship phone, the iPhone X, was not only a late add, it had a steep $999 price tag. That was one factor Apple
0 Comments
Alphabet stock initially dropped as much as 5 percent after it reported disappointing Q4 earnings, though it bounced back during the company’s earnings call to settle around 2 percent down. The company posted strong revenue growth, but investors are still leery of rising costs and reduced margins. Alphabet missed Wall Street expectations on the bottom
0 Comments
GoPro shares initially plummeted after the company reported quarterly results that missed analysts’ expectations on Thursday. Here’s how the company did compared with what Wall Street expected: Adjusted loss per share: 30 cents vs. 11 cents expected according to Thomson Reuters Revenue: $334.8 million vs. $340.1 million expected according to Thomson Reuters That revenue figure
0 Comments
Amazon blew past street estimates for its fourth quarter earnings, reflecting strong holiday sales and growth in its cloud business. Amazon’s stock went up more than 6 percent in after hours trading. Here are the most important numbers: Revenue: $60.5 billion vs. $59.83 billion, as estimated, according to Thomson Reuters EPS: $3.75 per share* AWS
0 Comments
Qualcomm beat street estimates across the board for its first quarter earnings on Wednesday. But its stock remained nearly unchanged in after hours as investors are still on wait-and-see mode over external issues affecting the company. Here are the most important numbers: Revenue: $6.04 billion vs. $5.93 billion, as expected, according to Thomson Reuters EPS
0 Comments
AT&T posted fourth-quarter results that bested Wall Street expectations on Wednesday. The company said it saw strong wireless customer growth as well as fewer subscriber cancellations than the Street had projected. AT&T also gave strong guidance for fiscal 2018. The stock rose more than 3 percent in after-hours trade as more than 5 million shares
0 Comments