Earnings

Pharmaceutical giant Pfizer on Tuesday beat Wall Street analysts’ third-quarter earnings expectations but fell short on revenue and narrowed its full-year forecast. Shares of Pfizer fell about 1 percent. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 78 cents, adjusted,
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Under Armour shares surged Tuesday after it reported quarterly earnings and revenue that topped analysts’ expectations thanks to a spike in sales overseas and fewer promotions. The company also raised its earnings outlook for the full year, excluding any impact from its ongoing efforts to trim excess inventory and cut costs. The results offer investors
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Coca-Cola’s diet soda sales and higher prices helped the company beat Wall Street earnings and revenue projections during the third quarter, boosting profit by 30 percent. Here’s what the company reported Tuesday versus what Wall Street was expecting, based on average estimates of analysts polled by Refinitiv: Earnings: 58 cents per share, adjusted, versus an
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Patrick T. Fallon | Bloomberg | Getty Images Andy Jassy, CEO of Amazon Web Services, speaks at the WSJDLive Global Technology Conference in Laguna Beach, Calif., on Oct. 25, 2016. Amazon’s cloud-computing business grew 46 in the third quarter, trailing analysts’ estimates. Amazon Web Services generated revenue of $6.68 billion in the quarter, compared with
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Chipotle shares were whipsawing in after-hours trading. Immediately after the report was released, the stock dropped more than 2 percent, only to spike as high as an 8 percent gain, as investors analyzed the report. More recently, the stock as up more than 1 percent. Shares have gained more than 46 percent since January. Net
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In an analyst note following earnings, Pivotal’s Brian Wieser noted that Q2 represented the slowest pace of growth for this category since the first quarter of 2016. CEO Sundar Pichai said on the earnings call that its cloud business has had “many important wins” recently, but he didn’t provide any new revenue numbers to build
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Total revenue increased 29 percent from last year. North American sales were $34.3 billion, up 35 percent from last year, while international sales grew just 13 percent to $15.5 billion. AWS continued to show strong growth, jumping 46 percent in sales, although it narrowly missed expectations. Amazon’s “other” category, mostly comprised of its burgeoning advertising
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Intel stock rose as much as 6 percent but later pared back much of its gains Thursday after the company reported better-than-expected third-quarter earnings and full-year guidance. Here are the key numbers: Earnings: $1.40 per share, excluding certain items, vs. $1.15 per share expected by analysts, according to Refinitiv. Revenue: $19.16 billion, vs. $18.11 billion
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The company lost DAUs on a quarter-over-quarter basis in both North America and Europe, extending pain points from last quarter, when the European Union’s stricter guidelines regarding user privacy took effect. Snap also cautioned that global DAUs are likely to decline next quarter as well. The company took a hit in engagement earlier this year
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Positive results are probably sustainable in the near term, but there remain some questions for the longer term, he added. Morgan Stanley analyst Adam Jonas said it was Tesla’s “strongest quarter in history by virtually every metric.” Nomura analyst Romit Shah said he found a number of reasons to think profitability and positive cash flow
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Google’s advertising business has continued to post impressive growth, and Wall Street expects that to continue. Its properties revenue, which includes search, has seen year-over-year percentage growth accelerate in the first and second quarter. And analysts estimate that properties revenue will hit $24.3 billion in the third quarter, a more than 20 percent increase year
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John Moore | Getty Images Youssef Cohen, 68, undergoes cancer treatment with the drug Keytruda Merck reported a bigger-than-expected third-quarter profit on Thursday, driven by higher demand for its blockbuster cancer immunotherapy Keytruda, and the U.S. drugmaker announced a $10 billion share buyback. The company raised its full-year adjusted earnings forecast, but narrowed its revenue
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Amazon is expected to show another huge jump in profits when it reports third-quarter earnings after Thursday’s closing bell, despite heavy investments ahead of the holiday season. The company is expected to report third-quarter profit of $3.09 per share, or roughly $1.5 billion, according to FactSet. That would be up from the 52 cents per
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Yana Paskova | Bloomberg | Getty Images Jack Dorsey, CEO of Square Inc., holds an Apple Inc. iPhone while standing outside of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Twitter shares surged more than 17 percent Thursday after the company reported higher-than-expected earnings and revenue for the
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AT&T tanked 8 percent Wednesday after reporting its third quarter earnings and revealing its DirecTV division is bleeding subscribers. Here’s how the company did compared with what Wall Street expected: Earnings: 90 cents per share vs. 94 cents expected, according to Refinitiv Revenue: $45.74 billion vs. $45.65 expected, according to Refinitiv Postpaid phone net adds:
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United Technologies soothed investor nerves over Chinese approval for its purchase of aircraft parts maker Rockwell Collins, as it announced a stronger-than-expected quarterly profit on Tuesday. The jet engines-to-air conditioners group, under pressure from activist investors to split itself up, also said it was considering options for a break-up including entertaining interest from third parties
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Lockheed Martin on Tuesday reported third-quarter earnings that beat Wall Street expectations and said it expects a strong finish to 2018. The defense contractor raised its forecast for full year 2018 earnings to about $17.50 a share, above its previously forecast range of $16.75 to $17.05 a share. It also said it expects revenue for
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Halliburton’s third-quarter profit edged past analysts’ estimates on Monday, as tight pipeline capacity in the top Permian basin led to fewer well completions. Oil services firms, which help operators drill and complete wells, are seeing demand for their services cool as producers cut down on spending and delay completions due to pipeline bottlenecks in the
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Dutch health care technology company Philips reported weaker-than-expected third-quarter net income on Monday, citing subdued growth in key markets and foreign currency headwinds. Here are the key highlights: Third-quarter net profit: 292 million euros vs. 350.5 million euros expected by analysts at data firm Refinitiv. EBITA came in at 590 million euros in the third
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Procter & Gamble shares jumped Friday after the company said beauty sales helped propel higher-than-expected revenue growth during the latest quarter. It also maintained its profit outlook for the full year. Its stock climbed 5 percent in premarket trading on the news. As of Thursday’s close, its shares had fallen about 11 percent this year,
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