In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023. Al Drago | Bloomberg | Getty Images ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, as the company achieved record production in Guyana and the
Earnings
Apple delivered quarterly beats after Thursday’s closing bell ahead of what’s expected to be a robust artificial intelligence iPhone upgrade cycle in the months the come. Revenue in Apple’s fiscal third quarter, which ended in June, grew 5% year-over-year to a record of $85.78 billion – ahead of the LSEG estimate of $84.53 billion. Earnings
Eaton on Thursday morning delivered quarterly beats on its top and bottom lines. Segment profit margin and organic sales growth topped estimates. Management also raised its outlook for the year. Despite that show of strength, shares of the industrial Club name were trading lower. Revenue in the second quarter increased over 8% year over year
In this article W Follow your favorite stocksCREATE FREE ACCOUNT The first Wayfair brick-and-mortar store prepares to open on May 02, 2024 in Wilmette, Illinois. Scott Olson | Getty Images Online home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO likened the current slowdown in the home goods category
Meta Platforms on Wednesday reported better than expected quarterly results, delivering revenue at the high end of guidance thanks to a roughly 22% increase in advertising dollars. While there are still concerns about the company’s aggressive AI spending, we believe these investments will pay off in the long run. Revenue in the three months ended
DuPont on Wednesday reported another beat-and-raise quarter, continuing a recovery partly driven by growing demand for AI chips — and rewarding our patience with the stock. Net sales in the three months ended June 30 totaled $3.17 billion, topping the $3.05 billion estimate, according to LSEG. Sales rose 2.5% on an annual basis and 8.2%
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A logo is seen on the Boeing stand on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. Justin Tallis | AFP | Getty Images Boeing is set to report results before the market opens on Wednesday.
Microsoft delivered an overall strong quarter after Tuesday’s market close, but a miss on Azure revenue growth put shares under pressure in extended-hours trading. Revenue increased about 15% year over year to $64.73 billion in its fiscal 2024 fourth quarter, beating the Street consensus estimate of $64.39 billion, according to data from LSEG. Earnings per
Procter & Gamble on Tuesday reported a messy fiscal fourth quarter, putting shares of the Tide detergent and Pampers maker on pace for their worst day in two years. The stock is understandably down, but this is not a thesis-changing report. Revenue in three months ended June 30 totaled $20.53 billion, missing Wall Street expectations
In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Kena Betancur | Corbis News | Getty Images Pfizer on Thursday reported second-quarter revenue and adjusted earnings that blew past expectations and raised its full-year outlook, benefiting from its broad cost-cutting program, better-than-expected sales of its Covid antiviral pill Paxlovid and strong non-Covid product sales. Pfizer now
In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s fast food restaurant in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty Images After a challenging second quarter, McDonald’s executives told restaurant operators and analysts they are refocusing on how to recapture consumers with deals,
In this article F GM STLA Follow your favorite stocksCREATE FREE ACCOUNT New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT – The last time shares of Ford Motor dropped by more than 18% in a
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