Earnings

Uber stock rose in extended trading on Thursday after the company announced a fourth-quarter loss that was narrower than analysts had expected and moved its EBITDA profitability forecast forward. The company’s shares spiked as much as 10% after hours when CEO Dara Khosrowshahi said on the company’s earnings call that the company was moving its
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Ben Silbermann, co-founder and chief executive officer of Pinterest Inc., center, rings the opening bell on the floor on the New York Stock Exchange during the company’s initial public offering (IPO) in New York, on Thursday, April 18, 2019. Michael Nagle | Bloomberg | Getty Images Pinterest shares climbed as much as 17.1% in after-hours
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Customers walk past a Coach store at Shanghai New World Daimaru department store on August 12, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Coach handbag maker Tapestry on Thursday became the latest company to forecast a hit to its profit from the coronavirus outbreak in China, warning its sales could
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PSA CEO Carlos Tavares and FCA CEO Mike Manley shake hands after signing a combination agreement that will lead to the creation of the world’s fourth-largest global automaker in terms of annual sales (8.7 million vehicles). FCA Fiat Chrysler posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America
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A 2020 Toyota Highlander goes down the line at the automaker’s plant in southern Indiana. Toyota Toyota Motor nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in. Automakers have
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Pedestrians walk in front of the Zynga headquarters in San Francisco. David Paul Morris | Bloomberg | Getty Images Mobile game developer Zynga topped Wall Street estimates for quarterly bookings on Wednesday, riding on the success of its new titles “Merge Magic!” and “Game of Thrones Slots Casino.” The company reported bookings of $433 million
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A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Peloton shares plummeted as much as 12% in extended trading Wednesday after the fitness company reported mounting losses and slower
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Natalie Behring | Bloomberg | Getty Images Michael Kors owner Capri Holdings cut its forecasts on Wednesday as it warned of a $100 million hit to revenue due to the coronavirus outbreak in China, which has led to 150 store closures and travel restrictions on high-spending tourists. However, strong holiday-quarter demand for its Versace dresses
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Emma Walmsley, chief executive officer of Glaxosmithkline Plc. Luke MacGregor | Bloomberg | Getty Images GlaxoSmithKline on Wednesday reported quarterly profit that fell short of analysts’ expectations because of pricing pressure, mainly hitting its respiratory drugs, and the drugmaker said adjusted earnings for the year could fall as much as 4 percent. GSK shares were
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A high speed production line of insulin is pictured at the factory of Novo Nordisk, a global healthcare company, in Chartres. Jean-Francois Monier | AFP | Getty Images Diabetes drug maker Novo Nordisk said on Wednesday it expects its business to grow at a slower pace in 2020 compared to last year with insulin prices
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DEARBORN, Mich. – Ford Motor lost $1.67 billion during the fourth quarter and missed Wall Street earnings expectations on increased pension contributions and higher North American warranty and labor costs. Ford shares plunged by about 9% during after-hours trading Tuesday to about $8.30 per share. The company released its earnings after the markets closed. The
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Disney reported fiscal first-quarter earnings on Tuesday and it beat on both the top and bottom lines. Shares fluctuated after hours, but were mostly within 1% of the stock’s price at close. Here are the key numbers:  Earnings per share: $1.53 per share vs. $1.44 per share expected, according to analysts surveyed by Refinitiv Revenue: $20.86
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Exxon earned $5.69 billion in the fourth quarter, down from $6 billion in the same period as weakness in the company’s chemicals and downstream divisions, as well as consistently lower oil prices pressured profits. The company’s quarter was boosted by one-time events, including a $3.7 billion gain from Exxon’s Norway divestment. Excluding these items, profit
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Shares of Amazon climbed as much as 12.2% in extended trading on Thursday after smashing earnings expectations for the fourth quarter. The company’s market cap surged above $1 trillion after hours on the back of the powerhouse earnings report. In doing so, it joins Apple, Alphabet and Microsoft, which have all crossed the trillion-dollar threshold.  Here are
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Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images Amazon’s relentless effort to get orders to your doorstep more quickly is likely to drag down profit numbers when the company reports fourth-quarter results on
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A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019. Temilade Adelaja | Reuters Coca-Cola on Thursday reported quarterly revenue that topped analysts’ expectations as new products under its namesake brand boosted sales. Shares of the company, which has a market value of $247 billion,
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Tesla CEO Elon Musk speaks during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. STR | AFP | Getty Images Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October, and investors eagerly anticipate the company’s fourth quarter results, which it is scheduled to report
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Microsoft stock moved 4% higher in extended trading on Wednesday after the company announced stronger-than-expected fiscal second-quarter results and revenue guidance for the next quarter.  Here’s how the company did: Earnings: $1.51 per share, excluding certain items, vs. $1.32 per share as expected by analysts, according to Refinitiv. Revenue: $36.91 billion, vs. $35.68 billion as
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