In this article PINS Benjamin “Ben'” Silbermann, co-founder and chief executive officer of Pinterest. Patrick T. Fallon | Bloomberg | Getty Images Pinterest on Thursday reported better-than-expected earnings and revenue for the third quarter despite a decline in monthly users. The company’s stock rose 6% in extended trading after closing at its lowest in over a
Finance
In this article BRK.A Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway saw another double-digit increase in its operating profit thanks to a continuous rebound in it railroad, utilities and energy businesses from the pandemic, while the company’s cash pile hit a record
In this article ABNB Rafael Henrique | LightRocket | Getty Images Airbnb reported strong third-quarter profit growth and a beat on revenue estimates Thursday, as the company continues its recovery from Covid-19 and travel returns as vaccinations efforts ramp up worldwide. Shares briefly rose more than 3% in after-hours trading. Here’s how Airbnb did compared
In this article UBER Uber CEO Dara Khosrowshahi Patrick T. Fallon | Bloomberg | Getty Images Uber reported its third-quarter results after the bell on Thursday. Shares were down about 2.5% in after-hours trading. Here’s how Uber did, compared with expectations of analysts surveyed by Refinitiv: Loss per share: $1.28 vs. 33 cents expected Revenue:
In this article PTON A Peloton Bike Shannon Stapleton | Reuters Peloton is set to report its fiscal first-quarter financials after the market closes on Thursday. Here’s what analysts polled by Refinitiv are expecting: Loss per share: Loss of $1.07, adjusted Revenue: $810.7 million Beyond the quarterly results, investors will be paying close attention to
Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Moderna shares fell by more than 11% on Thursday after it cut its Covid-19 vaccine sales forecast for the year and missed earnings and revenue expectations for the third quarter. The company said some doses
In this article ROKU Roku shares dropped in after-hours trading Wednesday after the company reported a third-quarter revenue that missed expectations. The company’s revenue came in at $680 million, just below a Refinitiv forecast of $683.4 million. That’s still up 51% from a year earlier. Roku’s earnings per share of 48 cents, however, topped expectations
A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images CVS Health on Wednesday beat expectations for fiscal third-quarter earnings as the company got a boost from filling more prescriptions and giving more Covid-19 vaccines. Despite
In this article FRSH In this photo illustration a Freshworks Inc logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of customer service and support software maker Freshworks fell more than 15% in extended trading on Tuesday after releasing quarterly results for the first time following
In this article UAA Under Armour clothing on a display in a sporting good store. Justin Sullivan | Getty Images Under Armour shares soared in premarket trading Tuesday as strong fiscal third-quarter earnings revealed the athletic apparel maker is seeing progress in improving its brand image under CEO Patrik Frisk. With heightened demand for its
Gasoline prices at a Royal Dutch Shell Plc gas station in San Francisco, California, U.S., on Wednesday, July 7, 2021. David Paul Morris | Bloomberg | Getty Images LONDON — Oil giant Royal Dutch Shell on Thursday reported weaker-than-expected third-quarter earnings and announced it had set itself a bigger carbon reduction target. The Anglo-Dutch company
In this article CMCSA Brian Roberts, Chairman and CEO of Comcast David A. Grogan | CNBC Comcast reported third-quarter earnings results before the bell that beat analyst expectations on the top and bottom line. The company saw slight growth in new broadband internet customers amid warnings from company executives. Shares are up about more than
In this article SBUX Starbucks shift supervisor Adan Miranda wears a face mask as he serves a drink to a customer while standing behind a plexiglass shield in a booth outside the store in Sacramento, Calif., Thursday, May 21, 2020. Rich Pedroncelli | AP Starbucks is expected to report its fiscal fourth-quarter earnings after the
In this article AAPL Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs. Apple fell over 4% in extended trading. “We had a very strong performance despite larger than expected supply constraints, which we estimate to
In this article CVX Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Chevron said Friday that it generated the highest free cash flow on record during the third quarter as surging commodities prices and lower operational costs
In this article XOM A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. Sergio Moraes | Reuters Exxon said Friday that its third-quarter profit was the highest in years as improving demand, higher commodity prices and streamlined operations
In this article AMZN Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will report third-quarter earnings after the market close on Thursday. Here’s what analysts are expecting: Earnings: $8.92 per share, according to analysts
In this article YUM Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken (KFC) and Taco Bell restaurant in Lockport, Illinois, U.S. Daniel Acker | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by strong demand for KFC’s fried
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