Earnings

Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic delivered first quarter results after the market closed on Monday, announcing that it is evaluated the target date for its next spaceflight test, which the company previously planned for this month. Mike Moses, Virgin Galactic’s president of space
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The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox shares rose as much as 5% in after-hours trading, following the release of the company’s first earnings report since it went public in a direct listing in March. Here’s
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DraftKings clock at UFC venue. Source: DraftKings Sports-betting company DraftKings on Friday reported a better-than-feared loss per share and higher revenue for its first quarter and raised its full-year revenue guidance. Shares gained 3.7% in Friday’s premarket. Here are the key numbers: Loss per share: 36 cents vs an expected loss of 42 cents in a
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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 said Thursday its fiscal third-quarter sales grew 141%, as recent investments in its supply chain allowed it to improve
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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 owner Tapestry said Thursday that its fiscal third-quarter sales in North America returned to pre-pandemic levels, as demand for luxury goods rebounds from 2020 lows. Chief
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Papa John’s first-quarter earnings topped expectations as the pizza chain held on to the momentum it saw during the coronavirus pandemic, even as the country reopens for business. The stock was down 2.7% in Thursday’s premarket after the earnings announcement. Pizza was a tried-and-true bet for many consumers who were seeking familiar and convenient foods
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The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected. Here’s how the company did: Earnings per share: $1.22, adjusted, vs. $1.01 per share
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An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy stock dropped more than 9% in after-hours trading on Wednesday after the company reported first-quarter earnings results that surpassed analysts’ estimates, but warned that it expects the total sale of goods
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Uber beat estimates on the top line and dramatically improved its net losses in its first quarter but missed on revenue. Shares initially gained in after-hours trading before dipping more than 4.5%. Here’s how Uber did versus expectations: Loss: 6 cents vs. 54 cents expected, according to a consensus of analysts surveyed by Refinitiv. Revenue:
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DETROIT — General Motors on Wednesday reported first-quarter results that blew away Wall Street earnings expectations, saying it expects a strong first half of the year despite the global semiconductor chip shortage that has caused factory closures. Here’s how GM did compared with what Wall Street expected based on average estimates compiled by Refinitiv. Adjusted
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Ride-hailing company Lyft showed continued signs of pandemic recovery in its first-quarter earnings report Tuesday. The company beat on the top and bottom lines and exceeded Wall Street’s rider expectations for the quarter. Shares of Lyft were up 7% in after-hours trading following the report. Here are the key numbers Lyft reported: Loss per share: 35
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People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health on Tuesday reported a strong first quarter and raised its full-year forecast, as customers came to its stores for Covid-19 vaccinations, tests and prescriptions. The company has been a major provider of Covid-19 vaccines
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Pfizer said Tuesday it plans to file for full U.S. approval of its Covid-19 vaccine with German drugmaker BioNTech at the end of this month. If the FDA signs off, the company will be able to market the shot directly to consumers. In its earnings report, Pfizer said first-quarter sales of its Covid-19 vaccine was
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Under Armour on Tuesday raised its sales and profit outlook for the full year, as the sports apparel maker sees demand for its brand roaring back with shoppers returning to its stores. It reported first-quarter sales growth of 35%, topping analyst expectations. The company is lapping a period a year earlier, when its stores were
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Warren Buffett. Gerald Miller | CNBC Berkshire Hathaway‘s operating earnings rebounded as the conglomerate’s businesses recovered from the pandemic hit. Chairman Warren Buffett kept buying back Berkshire shares aggressively in the first quarter, but at a slightly slower pace. Berkshire reported operating income of $7.018 billion in the first quarter, up 20% from $5.871 billion
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The tech industry is really two industries. There are the five giants, which operate at an almost unimaginable scale, and then there’s everybody else. Alphabet, Amazon, Apple, Facebook and Microsoft all reported March-quarter earnings this week, and some of the numbers that came out showed how dominant they are. In many cases, relatively small business
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Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019. Brendan McDermid | Reuters Restaurant Brands International on Friday reported quarterly earnings that topped Wall Street’s expectations as its systemwide sales surpassed 2019 levels. Shares of the company gained about 3% in
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Exxon Mobil returned to profitability during the first quarter, beating top- and bottom-line estimates for the period, as the company recovers from the havoc wreaked on the energy sector by the coronavirus pandemic. The oil giant earned $2.7 billion during the period. The company posted earnings per share of 65 cents, excluding items on $59.15
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Employees during a press visit to the first shale gas exploring site started by Chevron in Pungesti, Romania, April 2014. Mircea Restea | AFP | Getty Images After a brutal year for the energy sector, Chevron reported a profit for the first quarter of 2021 as a recovery in oil prices boosted operations. The company’s
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Twitter’s stock was down more than 11% in after-hours trading on Thursday after the company released its first-quarter earnings, missing on user growth expectations and providing lower revenue guidance for the second quarter than expected. Here’s what Twitter reported versus Wall Street’s estimates: Earnings: 16 cents per share, adjusted, vs. 14 cents forecast by Refinitiv Revenue:
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Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon shares climbed more than 3.5% in extended trading Thursday after the company released its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue.  Here’s how the e-commerce giant fared, relative to analyst estimates compiled by Refinitiv: Earnings: $15.79 per share vs. $9.54 per share
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DETROIT – Ford Motor easily beat Wall Street’s expectations for the first quarter despite an ongoing global semiconductor chip shortage causing low inventories and factory closures. So why did shares of the automaker fall by as much as 10.4% during intraday trading Thursday? The negative reaction by investors is a mix of issues related to
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A Philip Morris Marlboro brand cigarette burns in an ashtray for this arranged photograph in Tiskilwa, Illinois, on Wednesday, July 12, 2017. Daniel Acker | Bloomberg | Getty Images Altria‘s first-quarter earnings declined as revenue fell short of estimates and cigarette shipments continue to decline. The parent of Marlboro cigarettes has been shifting its business away
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Comcast reported first-quarter results on Thursday that beat analyst estimates on the top and bottom lines, sending shares up 4.25%. Here are the key numbers: Adjusted earnings per share: 76 cents vs 58 cents expected in a Refinitiv survey of analysts Revenue: $27.21 billion vs $26.7 billion in the Refinitiv survey High-speed internet customers: 461,000
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People wear protective face masks outside McDonald’s in Times Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 18, 2020 in New York City. Noam Galai | Getty Images McDonald’s on Thursday beat Wall Street’s estimates for its quarterly earnings as net sales topped
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Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor beat Wall Street’s expectations for the first quarter but CEO Jim Farley warned an ongoing semiconductor chip shortage would
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