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Pfizer beats earnings expectations and lifts guidance, as COVID-19 revenue outlook increases 73%
Shares of Pfizer Inc. jumped 1.6% toward a near five-month high in premarket trading Tuesday, after the drug giant beat earnings expectations and raised its full-year outlook, as revenue .....»»
Berkshire Hathaway reports $11.7 billion profit as manufacturing, service, retail recover from pandemic
Berkshire’s net earnings hit $11.7 billion for the first quarter of 2021, up from a $49.7 billion loss a year earlier......»»
Business in the Age of COVID-19: Big tech’s trillion-dollar pandemic year may be just the beginning
This week concludes the first quarter earnings reports of the five biggest giants in tech, illustrating how much bigger Big Tech actually grew since the pandemic began a year ago, and their results are mind-numbing......»»
NewsWatch: Big tech’s trillion-dollar pandemic year may be just the beginning
This week concludes the first quarter earnings reports of the five biggest giants in tech, illustrating how much bigger Big Tech actually grew since the pandemic began a year ago, and their results are mind-numbing......»»
Illinois Tool Works beats earnings expectations, raises outlook and looks to buy back $1 billion worth of stock
Illinois Tool Works Inc. reported Friday profit and revenue that topped forecasts, boosted its full-year outlook and said it plans to buy back $1 billion of its stock this year. The multi-industry manufacturer'.....»»
Earnings Results: Pinterest shares sink as easing of pandemic restrictions weighs on user growth
Pinterest Inc. on Tuesday reported 78% year-over-year revenue growth for the first quarter, but its user growth fell short of analysts' expectations as COVID-19 pandemic restrictions eased......»»
Earnings Outlook: Amazon earnings preview: Prime Day could return to summer after COVID-19 pushed it to fall last year
Amazon.com Inc. is scheduled to report its first-quarter earnings on Thursday after the closing bell, but analysts are already looking ahead to the possible summertime return of the colossal Prime Day shopping event......»»
Earnings Watch: The pandemic’s differing earnings effects will be on display with tech, airline reports
The first big week of earnings season will kick off with a study in contrasts......»»
Earnings Outlook: Intel earnings to give first look on how shortages are affecting U.S. chip makers in 2021
Intel Corp. earnings --- as will earnings from every other major chip maker this season --- will be probed for how quickly the industry is managing to ease supply issues that have plagued semiconductor customers for most of COVID-19.....»»
Earnings Outlook: Micron earnings: Semiconductor shortage leads to heightened expectations
Micron Technology Inc. faces a heightened bar that the company itself raised heading for the rest of the year as widespread chip shortages are helping push up prices for its core memory chips......»»
Signet earnings beat expectations, offers outlook for a strong year ahead
Signet Jewelers Ltd. shares jumped 6.8% in Thursday premarket trading after the jewelry retailer reported f.....»»
Earnings Results: Ulta shares sink after reporting lower sales, profit and CEO change
Ulta Beauty Inc. said Thursday it continued to feel the effects of the pandemic, posting lower fourth-quarter sales and profit year over year. It also announced that Chief Executive Mary Dillon will be replaced by company President David Kimbell......»»
Earnings Results: AMC lost nearly $1 billion in holiday season, but stock is gaining as executives see better days ahead
AMC Entertainment Holdings Inc. reported a loss of nearly $1 billion in the holiday season to wrap up a woeful year of closed movie theaters, but executives sounded a hopeful note for reopening in 2021......»»
Despite record year in 2020, Sprouts will open fewer stores than expected in 2021
Sprouts Farmers Market Inc. put up record earnings numbers in 2020, despite the global pandemic that stalled the economy in most sectors. The Phoenix-based specialty grocer released its earnings for the fourth quarter and the full year of 2020 on.....»»
Marathon Oil stock surges to pace S&P 500 gainers after upbeat earnings, outlook
Shares of Marathon Oil Corp. shot up 8.7% toward a one-year high in afternoon trading, enough to pace the S&P 500's gainers, after the natural gas company reported a narrower-th.....»»
Appian tumbles 11% after earnings as outlook disappoints
Appian gave a weak sales forecast, saying 2021 cloud-subscription revenue will be down on a year-over-year basis. Matt Calkins, CEO of Appian. Marvin Joseph/The Washington Post via Getty Images Low-code cloud-service provider Appian.....»»
Earnings Results: Take-Two earnings, outlook top Wall Street estimates on strong holiday quarter
Take-Two Interactive Software Inc. reported a better-than-expected outlook and results in the extended session Monday as sales gained a holiday boost during the COVID-19 pandemic but shares of the videogame publisher slipped after hours......»»
Nokia sinks 9% on "challenging" 2021 outlook despite 4th-quarter earnings beat
Nokia beat analysts' estimates in its 4th quarter report, but CEO Pekka Lundmark's comments about a 'challenging' year ahead caused shares to fall. Reuters Nokia beat analyst earnings estima.....»»
Market Snapshot: Dow gains 250 points as jobless claims hit lowest since November
Stock benchmarks Thursday aim for a fourth straight gain as investors brace for the busiest day of the fourth-quarter earnings reporting season and parse a better-than-expected weekly update on employment amid the COVID-19 pandemic......»»
Market Snapshot: Dow, S&P futures see muted moves in busiest day of earnings season
U.S. stock futures on Thursday were edging tentatively higher as investors braced for the busiest day of the fourth-quarter earnings season and a weekly update on the number of people seeking unemployment benefits amid the COVID-19 pandemic......»»