In this article DKNG DraftKings clock at UFC venue. Source: DraftKings Sports-betting company DraftKings reported better-than-expected loss per share and revenue for its first quarter, and raised its full-year revenue guidance. Shares were down more than 1% in the premarket after an initial pop on the report. Here are the key numbers: Loss per share: 36
Earnings
In this article PTON 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 on Thursday reported fiscal third-quarter sales growth of 141%, saying recent investments in its supply
In this article TPR 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
In this article PZZA Signage outside a Papa John’s International pizza restaurant in Louisville, Kentucky, on Monday, Feb. 22, 2021. Luke Sharrett | Bloomberg | Getty Images 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.
In this article UBER Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber beat estimates on the top line and dramatically improved its net losses in its first quarter, but missed on revenue. Shares were up around 1%
General Motors employees work on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas City, Kansas. Jim Barcus for General Motors General Motors is set to report its first-quarter earnings before the bell on Wednesday. Here’s what Wall Street is expecting, based on average analysts’ estimates compiled by Refinitiv. Adjusted EPS: $1.04
In this article LYFT Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama / Getty Images Ride-hailing
In this article PFE A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Pfizer logo in this illustration taken, October 30, 2020. Dado Ruvic | Reuters Pfizer said Tuesday it plans to file for full U.S. approval of its Covid-19 vaccine with German
People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health reported a strong first quarter and raised its full-year forecast, as customers came to its stores for Covid-19 vaccinations, tests and prescriptions. Shares of the company were up 3% early Tuesday in premarket trading.
In this article TWTR CEO of Twitter Jack Dorsey testifies before the Senate Intelligence Committee on Capitol Hill in Washington, DC, on September 5, 2018. (Photo by Jim WATSON / AFP) (Photo credit should read JIM WATSON/AFP/Getty Images) Jim Watson | AFP | Getty Images Twitter’s stock was down more than 10% in after-hours trading
In this article AMZN Amazon logo seen displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket | Getty Images Amazon‘s ads business grew at an astonishing pace in the first quarter. Amazon’s “other” unit, which is primarily made up of advertising but also includes sales related to other service offerings , grew revenue
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
In this article XOM .CRBQX A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters 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
In this article GOOGL MSFT AMZN AAPL FB Gwyn Photography | Digital Vision | Getty Images 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
In this article QSR-CA 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
In this article AMZN Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon is set to report first quarter earnings after the bell Thursday. Here’s what analysts are expecting: Earnings: $9.54 per share, according to Refinitiv Revenue: $104.47 billion, according to Refinitiv Few companies have benefited from the pandemic-fueled surge of online shopping as
In this article F Getty Images 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 are shares of the automaker down by as much as 10.4% during intraday trading Thursday? The negative reaction by investors is
In this article MCD 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 is expected to report its first-quarter earnings before the bell
Tim Cook, CEO of Apple, speaks during an Apple Event on April 20th, 2021. Source: Apple Inc. Apple reports its second fiscal quarter earnings on Wednesday after markets close. Here’s what Wall Street expects, per Refinitiv consensus estimates: Earnings: 99 cents per share Revenue: $77.36 billion The company is coming off of its biggest quarter
In this article BA A Boeing 737 MAX jet lands following a Federal Aviation Administration (FAA) test flight at Boeing Field in Seattle, Washington on June 29, 2020. Jason Redmond | AFP | Getty Images Boeing is set to report first-quarter results before the bell on Wednesday as investors look for clues about the pace
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