Earnings

(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix shares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in its first-quarter
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Containers of Tide detergent on grocery store shelves in New York. Richard B. Levine | Corbis | Getty Images Procter & Gamble on Tuesday topped analysts’ estimates for quarterly earnings and revenue as consumers maintained pandemic buying trends like purchasing more cleaning supplies and started buying beauty products again. The company, whose portfolio includes Tide
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IBM shares rose up to 4% in extended trading on Monday after the enterprise technology and services maker reported first-quarter earnings that came in better than analysts had expected. Here’s how the company did: Earnings: $1.77 per share, adjusted, vs. $1.63 per share as expected by analysts, according to Refinitiv. Revenue: $17.73 billion, vs. $17.35
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A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Monday reported its fifth consecutive quarterly loss, though travel demand has recently improved as vaccinations ramp up and governments loosen travel restrictions. The company posted a
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Coca-Cola on Monday reported that quarterly demand was unchanged from a year earlier as North America and Western Europe take longer to bounce back from the coronavirus pandemic. However, global unit case volume in March returned to 2019 levels. “We are encouraged by improvements in our business, especially in markets where vaccine availability is increasing
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A Delta Airlines Boeing 757-251 approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021. Daniel Slim | AFP | Getty Images Delta Air Lines on Thursday reported another quarterly loss but said it expects to break even in June as travel demand rebounds from a deep Covid pandemic slump. Delta
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Bank of America reported Thursday profit that topped Wall Street estimates on booming investment banking and trading results, as well as the release of loan-loss reserves as fewer consumers were expected to default on debts. The bank posted a first-quarter profit of $8.1 billion, or 86 cents a share, exceeding the 66 cents a share
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Cases of Pepsi are shown for sale at a store in Carlsbad, California, April 22, 2017. Mike Blake | Reuters PepsiCo on Thursday reported quarterly earnings that topped analyst estimates even as the company saw uneven recoveries in its international markets. It’s the company’s first quarter facing tough comparisons to early stockpiling. CEO Ramon Laguarta said Pepsi
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Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup on Thursday posted results that beat analysts’ estimates for first-quarter profit with strong investment banking revenue and a bigger-than-expected
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Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo beat expectations for its first-quarter earnings and revenue on Wednesday, and the bank’s management expressed optimism about lending growth later in the year, sending its stock
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David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s investment banking and trading businesses. The bank posted per-share earnings of $18.60, crushing
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JPMorgan Chase on Wednesday reported profit and revenue that exceeded analysts’ expectations on robust trading results and a $5.2 billion benefit from releasing money it had previously set aside for loan losses that didn’t develop. The bank posted first-quarter profit of $14.3 billion, or $4.50 a share including a $1.28 per share benefit from the
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An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Levi Strauss & Co. on Thursday reported a double-digit sales decline for its fiscal first quarter, as ongoing store closures in Europe
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Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon on Tuesday reported revenue and profit for the fiscal fourth quarter that topped analysts’ estimates, boosted by the athletic apparel maker’s online business, and double-digit sales growth in
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Pedestrians wearing protective masks carry Victoria’s Secret Stores LLC shopping bags in San Francisco, California, U.S., on Wednesday, Feb. 17, 2021. David Paul Morris | Bloomberg | Getty Images Victoria’s Secret-owner L Brands raised its profit outlook for the first quarter on Friday, citing a boost from government stimulus and from loosened Covid-related restrictions. Its
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Diners wearing protective masks wait outside an Olive Garden restaurant in Thornton, Colorado, on Friday, March 19, 2021. Chet Strange | Bloomberg | Getty Images Darden Restaurants on Thursday reported quarterly earnings that topped analysts’ expectations as customers visited Olive Garden and its other chains more than expected. The company is forecasting that its fiscal fourth-quarter results
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Jason Kempin | Getty Images Entertainment | Getty Images The furniture retailer RH, formerly Restoration Hardware, on Wednesday reported fourth-quarter earnings and sales that topped Wall Street estimates, as it continued to see robust demand for its high-end furniture and home wares. CEO Gary Friedman said the momentum is expected to continue into this year,
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Investors are finally getting a look at GameStop‘s fundamentals following a Reddit-fueled trading frenzy earlier this year. Here’s what the company did after the bell Tuesday. It released fiscal fourth-quarter results that missed Wall Street’s estimates on the top and bottom lines. In its latest executive shake-up, the company named former Amazon and Google executive
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A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike on Thursday reported higher third-quarter profits even though sales growth was hurt by widespread port congestion in the United States and ongoing store closures in Europe. Although the
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Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020. Paul Sancya | Reuters FedEx on Thursday reported better-than-expected profits and revenues in its most recent quarter after what its CFO called an “unprecedented” peak holiday shipping season, despite severe weather
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Pedestrians walk in front of a Williams-Sonoma Inc. store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Williams-Sonoma posted fourth-quarter earnings Wednesday that beat analysts’ expectations as consumers continued to shop for furniture and cookware as they spent more time at home during the coronavirus pandemic. The company’s stock rose more
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Lands’ End tags are seen on clothing items in its outlet store in Schaumburg, Illinois. Tim Boyle | Getty Images Lands’ End shares jumped more than 6% Wednesday morning after the apparel and home-goods retailer reported fourth-quarter earnings and sales that topped analysts’ estimates. It also offered a better-than-expected outlook for the current quarter and
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Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Poshmark‘s revenue topped analysts’ estimates, in its first financial report since going public in January. But the online seller of secondhand clothing issued a weaker-than-expected
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A global pandemic didn’t stop ardent Funko collectors from stocking up on miniature models of their favorite pop culture characters. The company beat on the top and bottom lines when it reported fourth-quarter earnings after on Thursday, sending shares up 10% after hours. Here’s how the company did for the fourth quarter, compared with Wall
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A Dick’s Sporting Goods store Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday topped Wall Street’s fourth-quarter estimates, as shoppers continued to buy equipment and apparel for outdoor activities and home workouts during the Covid pandemic. The company’s shares were down by more than 6% early Tuesday, however, as it forecast
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Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix on Monday reported a narrower-than-expected loss for its latest quarter, but the company missed analysts’ expectations for revenue and outlook as shipping delays and lower customer spend ate into sales. The stock plunged 21% in extended trading. The subscription styling service lowered its
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