In this article CRM Marc Benioff, co-founder and chief executive officer of Salesforce.com Inc., pauses during a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Wednesday, Jan. 18, 2017. Simon Dawson | Bloomberg | Getty Images Salesforce topped analysts’ estimates for profit and revenue in its fiscal fourth-quarter earnings report. The
Earnings
In this article DPZ An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza on Tuesday reported quarterly earnings and revenue that fell short of analysts’ expectations. The pizza chain also announced that CEO Ritch Allison plans to retire. Domino’s Chief Operating Officer
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 13% during after hours trading. The company on Monday cited supply chain constraints and parts quality issues for slashing production to between 12,000 and 14,000 vehicles,
In this article MRNA The Moderna Covid-19 vaccine is prepared for administration ahead of a free distribution of over the counter rapid Covid-19 test kits to people receiving their vaccines or boosters at Union Station in Los Angeles, California on January 7, 2022. Frederic J. Brown | AFP | Getty Images Moderna on Thursday said
In this article BABA Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba on Thursday reported its slowest quarterly revenue growth since going public and missed expectations, but the Chinese e-commerce giant did beat on earnings. Here’s how Alibaba did in its fiscal third-quarter, versus Refinitiv
In this article COIN Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase reported fourth-quarter earnings that beat analyst estimates after the bell on Thursday. Shares bounced around after the report. They
In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway‘s operating profits surged in the fourth quarter and for the full year as the conglomerate’s businesses continued to roar back to life from the pandemic economic slowdown. Chairman Warren Buffett increased his bet on that comeback, buying back
In this article ETSY Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC Shares of Etsy climbed as much as 16% in extended trading Thursday after the company reported better-than-expected results for the fourth quarter. Shares had already climbed 10% during regular trading, as stocks staged a late-day rally after plunging early in the day
In this article NKE FL A sign hangs above the entrance of a Foot Locker store on August 02, 2021 in Chicago, Illinois. Scott Olson | Getty Images Foot Locker shares tumbled in premarket trading Friday after the retailer said it expects revenue to drop in 2022 as it anticipates it will no longer be
Jay Chaudry, founder and chief executive officer of Zscaler Inc. David Paul Morris | Bloomberg | Getty Images Cybersecurity software maker Zscaler saw its stock fall as much as 18% on Thursday after the company issued quarterly earnings guidance that was slightly less than analysts had predicted. The move more than erased a 10% gain
In this article BYND Packages of Beyond Meat Inc.’s plant based meat products, Beyond Burger and Beyond Sausage, are displayed at a supermarket on November 19, 2020 in Katwijk, Netherlands Yuriko Nakao | Getty Images Beyond Meat on Thursday reported a wider-than-expected loss and shrinking revenue for its fourth quarter. Shares of the company fell
In this article BIRD A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds shares tumbled in after-hours trading Wednesday as the sneaker retailer revealed mounting costs in the fourth quarter that weighed on profits and overshadowed double-digit
In this article EBAY eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Shares of eBay slid as much as 11% in extended trading Wednesday after the online marketplace posted its fourth-quarter earnings and gave guidance for the first quarter that fell short of
Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square, on the Isle of Dogs on November 05, 2020 in London, England. Dan Kitwood | Getty Images News | Getty Images LONDON — Barclays on
In this article DNUT Krispy Kreme on Tuesday reported its first quarterly profit since going public again but fell short of Wall Street’s expectations for its earnings. Shares of the doughnut company rose nearly 2% in premarket trading. Since its initial public offering in July, the stock has struggled, falling 33%. Here’s what the company
In this article M People wear facemasks as they walk through Herald Square on January 8, 2021 in New York City. Angela Weiss | AFP | Getty Images Macy’s on Tuesday reported fiscal fourth-quarter earnings and sales that outpaced analysts’ estimates and said that a strategic review has prompted the retailer to accelerate its turnaround
In this article CSCO Cisco CEO Chuck Robbins Pradeep Gaur | Mint | Getty Images Cisco shares rose as much as 5% in extended trading on Wednesday after the enterprise software and hardware maker disclosed fiscal second-quarter earnings that surpassed analysts’ expectations. Here’s how the company did: Earnings: 84 cents per share, adjusted, vs. 81
A Doordash delivery person rides their bike on Church Avenue in the Flatbush neighborhood of Brooklyn on December 04, 2020 in New York City. Food delivery startup DoorDash Inc is expected to raise its U.S. initial public offering up to $3.14 billion. Michael M. Santiago | Getty Images Shares of DoorDash soared as much as
In this article ROKU Anthony Wood David Orrell | CNBC Roku shares fell as much as 12% in extended trading on Thursday after the video-streaming company issued fourth-quarter revenue and first-quarter revenue guidance that came in below consensus. Here’s how the company did: Earnings: 17 cents per share, adjusted, vs. 9 cents per share as
In this article DKNG Shares of DraftKings fell more than 20% Friday morning after it posted fourth-quarter earnings that beat analyst estimates for the quarter but revealed the company expects a greater adjusted loss for 2022 than analysts had projected. Here’s what the company reported: Loss per share: 35 cents, ex-items vs 81 cents estimated,
In this article KER-FR Shoppers wait in line to enter a Gucci store on Fifth Avenue in New York, U.S., on Saturday, May 22, 2021. Victor J. Blue | Bloomberg | Getty Images LONDON — The chief executive of French luxury group Kering expects fashion label Gucci to continue to deliver growth for the company
In this article PLTR Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Shares of Palantir fell more than 13% on Thursday morning after the company reported mixed earnings results for the fourth quarter. Here are the key numbers: Earnings per share
In this article WMT A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart will report fourth-quarter earnings before the bell on Thursday, as investors look for clues about how shoppers are responding to inflation. Here is what
Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei. Tyrone Siu | Reuters Nvidia reported fourth-quarter earnings and sales on Wednesday that beat analyst expectations and provided a strong outlook for the current quarter. The stock fell over 1% in extended trading. Here’s how the chipmaker did
In this article ABNB Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Airbnb beat Wall Street estimates on earnings and revenue
Nike is teaming up with roblox to launch a virtual world called Niketown. Source: Nike Gaming company Roblox shares fell more than 11% in after-hours trading Tuesday after missing fourth-quarter expectations on both the top and bottom lines. Here’s how the company did versus expectations: Revenue (bookings): $770 million vs. $772 million expected, per Refinitiv
Societe Generale beat analyst expectations on Thursday, posting its highest ever profit in 2021. The lender reported a net income of 5.64 billion euros ($6.44 billion) for the full year 2021. Analysts had expected net income to come in at 4.4 billion euros for the period, according to Refinitiv. Looking at just the quarterly numbers, the
In this article DHER-DE The logo of German food delivery service Delivery Hero. Sean Gallup | Getty Images European food delivery firm Delivery Hero saw its share price plunge Thursday after announcing earnings guidance that disappointed traders. The Germany-based company said it generated 9.6 billion euros ($11 billion) in gross sales volume in the fourth
In this article PEP In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Thursday beat expectations for fiscal fourth-quarter earnings and revenue, but warned of cost pressures ahead from the rising price of transportation and packaging. Shares rose about 1% in premarket
In this article KO A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen. Artur Widak | NurPhoto | Getty Images Coca-Cola is expected to report its fourth-quarter results before the bell on Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 41 cents expected Revenue: $8.96 billion
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