Earnings

Alphabet appears to have spooked investors with its fourth-quarter earnings report Monday. The stock shed 3 percent immediately after the report and opened in negative territory Tuesday. Shares were barely in the red in early trading, despite overall market gains. The company beat Wall Street expectations on both earnings and revenue. The figures aren’t comparable
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Clorox shares jumped 5 percent before the bell Monday after it reported second-quarter profits that topped Wall Street’s expectations and reaffirmed its 2019 outlook. The consumer goods maker posted adjusted earnings per share of $1.40, beating consensus projections of $1.30. It posted 4 percent sales growth in the second quarter, bringing revenues for the three
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Alphabet is set to report fourth-quarter earnings Monday. Investors will want to see strong advertising numbers amid threats from Amazon and rising costs to doing business. Google, which makes up the vast majority of Alphabet’s business, is increasingly seeing Amazon encroach into its core advdertising business. Revenue in Amazon’s “Other” category — which the company
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Antivirus software maker Symantec shares rose in extended trade on Thursday after beating profit and revenue estimates in the December quarter and raising guidance on strong enterprise and consumer businesses. The company also announced that its Chief Financial Officer Nicholas Noviello will be stepping down to pursue other opportunities, following a slew of key executive
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General Electric shares soared to their best day in a decade following the Thursday’s fourth-quarter earnings report but J.P. Morgan analyst Stephen Tusa remained unconvinced by GE’s results. “We come away from the 4Q scratching our heads at the stock reaction,” Tusa said in a note to investors. “We believe one has to make highly
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Celgene, which is being bought by Bristol-Myers Squibb, reported a better-than-expected fourth-quarter profit on Thursday, driven mainly by higher sales of psoriasis drug Otezla. Bristol-Myers agreed to buy Celgene for about $74 billion earlier this month, a deal that will expand its pipeline of cancer drugs as the company goes head-to-head against rival Merck &
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The last two times Amazon has reported quarterly results, revenue has fallen short of expectations. Now investors are facing the prospects of slowing growth at the e-commerce giant. Amazon is slated to announce fourth-quarter earnings after the bell on Thursday. Analysts surveyed by Refinitiv expect the company to report revenue growth of 18.8 percent from
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After a barrage of mostly negative headlines in recent months, Facebook reports after the bell Wednesday. Despite the headwinds, analysts remain mostly bullish that the social media titan looks strong heading into the report where they’ll be watching for key metrics on ad revenue, privacy, and messenger integration. Facebook has come under tremendous pressure from
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Shares of Nvidia tanked as much as 17 percent at the market open Monday after the company lowered its revenue guidance for the fourth quarter citing “deteriorating macroeconomic conditions, particularly in China.” The warning adds Nvidia to a growing list of U.S. companies facing revenue challenges in China. Apple issued a rare revenue warning earlier
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Intel will report its fourth-quarter earnings after market close on Thursday. Executives will discuss the results with analysts at 5 p.m. Eastern time. Here are the numbers to follow: Earnings: $1.22 per share as expected by analysts, excluding certain items, according to Refinitiv. Revenue: $19.01 billion as expected by analysts, according to Refinitiv. While the
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Shares of Starbucks ticked up nearly 2 percent after the company reported better-than-expected sales and earnings growth, with customers spending more on their lattes and Frappuccinos. “We are particularly pleased with the sequential improvement in quarterly comparable store transactions in the U.S., underpinned by our digital initiatives and improved execution of our in-store experience,” CEO
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Colgate-Palmolive forecast a surprise fall in 2019 profit on Friday, as the world’s largest toothpaste maker spent more on advertising, while battling higher commodity costs. The company’s share fell 3 percent to 60.4 before the bell. Colgate is spending more on advertising as it battles competition from brands such as Procter & Gamble’s Oral-B and
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Rising competition weighed on analysts minds following Intel‘s dismal report after the bell Thursday. Wall Street largely believes the company’s sales shortfall is an Intel-specific problem and they remain bullish on the semiconductor industry as a whole. Shares were down 6 percent in premarket after the company also gave weak guidance and missed on revenue
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The bar is set low for Apple‘s earnings next Tuesday so Morgan Stanley says it’s a good time to buy the stock. “We believe the recent pullback is an attractive entry point given upcoming services launches and shares already pricing in extremely cautious iPhone replacement cycle and average selling price headwinds,” the bank’s analyst Katy
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American Airlines shares jumped Thursday after it posted fourth-quarter profits that beat analysts’ expectations and forecast higher 2019 profits than Wall Street estimates. The airline’s per-share earnings came in at $1.04 on an adjusted basis, slightly above the $1.01 analysts polled by Refinitiv had expected. American’s net income, excluding special items, rose 8 percent to
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Procter & Gamble is expected to report its second-quarter earnings before the market’s open on Wednesday. Here’s what the company is expected to report, based on a survey of analysts by Refinitiv: Earnings per share: $1.21 Revenue: $17.15 billion The company announced in November it is reorganizing its operational structure, a move activist investor Nelson
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Industrial conglomerate United Technologies reported a better-than-expected fourth-quarter profit on Wednesday and forecast 2019 earnings above estimates, boosted by acquisition of aero parts maker Rockwell Collins. Shares of United Technologies, which makes Pratt & Whitney aircraft engines, Carrier air conditioners and Otis elevators, were up 4.6 percent at $116.25 in early trading. The company, which
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Johnson & Johnson reported quarterly earnings and revenue that beat analysts’ expectations and gave its financial forecast for this year. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.97, adjusted, vs. $1.95 expected Revenue: $20.4 billion vs. $20.2 billion expected
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BlackRock, the largest asset manager in the world, reported quarterly earnings and revenue that missed analysts’ expectations on Wednesday. Here’s how the company did compared with what Wall Street expected: Earnings: $6.08 cents per share vs. $6.27 per share forecast by Refinitiv Revenue: $3.434 billion vs. $3.516 billion forecast by Refinitiv The company’s assets under
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Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: 89 cents per share, according to Refinitiv. Revenue: $9.295 billion. Wealth management: $4.45 billion revenue, according to FactSet Trading: Equities: $2.04 billion. Fixed income: $800 million. Under Chief Executive Officer James Gorman, Morgan Stanley has
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