In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT Affirm announced it’s cutting 19% of its workforce Wednesday. The news came as it reported second quarter earnings that fell below analyst estimates on both the top and bottom lines. Shares were down more than 17% after hours. related investing news Goldman Sachs likes Pinterest
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In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT LOS ANGELES – Smaller subscriber losses and a beat on the top and bottom lines were the highlights of Disney‘s fiscal first-quarter earnings report. While the company’s linear TV and direct-to-consumer units struggled during the period, its theme parks saw significant growth year-over-year. Shares of
In this article YUM Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks past the American chain of fast-food restaurants Taco Bell in Spain. Xavi Lopez | Lightrocket | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by strong same-store sales growth at Taco Bell. Overall, the restaurant giant
In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Oil major BP on Tuesday reported record annual profits, more than doubling last year’s total as fossil fuel prices soared following Russia’s full-scale invasion of Ukraine. The British energy giant posted underlying replacement cost profit, used as a proxy for net profit, of $27.7 billion
In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT A Chipotle restaurant and signage is seen on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported weaker-than-expected quarterly earnings and revenue as it said customers pulled back on their restaurant spending. “As we got around the
In this article HTZ Follow your favorite stocksCREATE FREE ACCOUNT Andrew Kelly | Reuters Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company also benefited from improved operating performance, CEO Stephen Scherr
Pinterest shares slipped in extended trading on Monday after the company reported revenue that missed analyst expectations and issued a light forecast for the first quarter. The stock pared its losses after earlier falling by as much as 12%. Here’s how the company did. Revenue: $877 million vs. $886.3 million expected, according to Refinitiv. Earnings:
In this article PENN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the first U.S. gambling company to post a profit in its sports betting business during
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Cristiano Amon, CEO of Qualcomm. Steve Marcus | Reuters Qualcomm shares fell 2% in extended trading on Thursday after the chipmaker reported lower fiscal first-quarter revenue than analysts had predicted and issued weak quarterly guidance. Here’s how the company did: Earnings: $2.37 per share, adjusted,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon on Thursday issued first-quarter guidance that came in light of estimates, overshadowing better-than-expected revenue for the fourth quarter. The stock slid after hours, erasing most its rally from the regular trading day. Here are the key numbers: Earnings: 3 cents per share Revenue: $149.2
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Alphabet missed on both top and bottom lines when it reported fourth quarter earnings after the bell Thursday. The company’s stock dropped nearly 4% after hours, erasing some of the 7.28% it gained in normal trading hours. Here’s how the numbers stacked up: Earnings
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple missed expectations for revenue, profit, and sales for many of its lines of business on Thursday, sending the stock lower in extended trading. Apple’s overall sales for the holiday quarter were about 5% lower than last year’s, the first year-over-year sales decline since 2019.
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