Earnings

Medtronic Chairman and CEO Omar Ishrak Ethan Miller | Getty Images Medtronic missed estimates for third-quarter revenue on Tuesday as its heart device unit reported a slowdown in demand ahead of new product launches, and warned of a hit to its fourth quarter from the coronavirus outbreak. Shares of the world’s largest standalone medical device

A shopper pushes 2 carts full of Morf Boards, a popular kids toy, through a Walmart in Phoenix, Arizona. Dominic Valente | The Washington Post | Getty Images Walmart is set to report earnings for the holiday quarter before the bell on Tuesday, the same day it will be holding a highly anticipated meeting with

MGM Resorts chairman and CEO Jim Murren has told the company’s board that he is stepping down, prior to his contract ending, the company announced Wednesday. He will serve in his role until a successor is appointed, it said. Murren has been CEO since 2008, and he has been with the casino operator since 1998.

Cisco reported fiscal second-quarter results that beat analysts’ estimates on Wednesday, but investors were not impressed with the company’s continuing revenue declines, and the stock is now trading down around 4% after hours. Here are the key numbers: Earnings: 77 cents per share, excluding certain items, vs. 76 cents per share as expected by analysts,

Marijuana plants grow in the Mother Room at the Canopy Growth Corp. facility in Smith Falls, Ontario, Canada, on Tuesday, Dec. 19, 2017. Chris Roussakis | Bloomberg | Getty Images Canopy Growth said on Friday it will focus on reducing costs as the pot producer struggles with a slump in weed prices from oversupply and

Simon Dawson | Bloomberg | Getty Images AstraZeneca forecast a likely slowdown in revenue growth this year, assuming a hit from China’s coronavirus epidemic lasting up to a few months, although it added there had been limited disruption to its operations so far. Shares in the company, one of the world’s major drugmakers, tumbled as

Anthony Wood David Orrell | CNBC Roku reported earnings for its fourth quarter of 2019 Thursday that beat analyst estimates for quarterly revenue and included a lower loss per share than analysts expected. Shares of Roku rose as much as 9% after hours on the report but later settled around 5%. Here are the key

A screen displays the transaction volume of the 24-hour Alibaba Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, China, November 12, 2019. Reuters China’s Alibaba beat analysts’ estimates for quarterly results on Thursday, driven by record sales during its annual Singles’ Day shopping blitz and demand for its cloud computing business. The e-commerce

Kraft and Heinz products Scott Olson | Getty Images Kraft Heinz said Thursday it would be pushing back the unveiling of its turnaround plan from March to May. The announcement came as the company saw its sales decline in the fourth quarter, despite higher prices. Net sales fell 5.1% to $6.54 billion, missing Wall Street’s

PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.45, adjusted, vs. $1.44 expected Revenue: $20.67 billion, vs.

Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019. Nick Oxford | Reuters Boeing warned Wednesday that the coronavirus outbreak could hurt aircraft deliveries in the first quarter of the year, as traffic in Asia

This is breaking news. Please check back for updates. Carnival Cruise Lines said Wednesday the deadly Chinese coronavirus could dent earnings this year by as much as 65 cents per share if the cruise line is forced to suspect Asia operations.  “While not currently planned, if the company had to suspend all of its operations

Lyft reported earnings for its fourth quarter of 2019 Tuesday that beat analyst estimates on revenue and active riders. The company also reported a lower than expected loss per share. The stock fell as much as 5% after hours, likely because the company did not give an update on its profitability timeline as Uber did

Hasbro’s Star Wars The Black Series Hyperreal Episode V The Empire Strikes Back 8-Inch-Scale Darth Vader action figure. Sarah Whitten | CNBC Strong sales of “Star Wars” and “Frozen 2” toys helped boost Hasbro’s holiday sales during the fourth quarter, sending shares higher Tuesday. Net income rose to $267.3 million, or $2.01 per share, in

An Under Armour store front is seen on November 04, 2019 in Sunrise, Florida. Joe Raedle | Getty Images Under Armour shares plummeted Monday morning after the company reported sales that missed analysts’ estimates during the holiday quarter and issued a bleak outlook. It said it is facing “ongoing demand challenges” for its athletic apparel

A Popeyes restaurant is seen on in Washington D.C. Eric Baradat | AFP | Getty Images The return of Popeyes’ chicken sandwich helped parent company Restaurant Brands International top analysts’ expectations for its quarterly earnings and revenue. Shares of the company jumped nearly 4% in premarket trading on Monday. Here’s what the company reported compared

Lachlan Murdoch Getty Images Fox Corporation said breaking news coverage of the impeachment hearings for president Donald Trump was part of the reason its cable ad revenue fell 5% in its second quarter. Shares in the company, which reported earnings for the quarter ending on Dec. 31 on Tuesday, were up 3% in extended-hours trading

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

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

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