— Hormel Foods Corporation (NYSE: HRL) reported Q1 2020 earnings of $0.45 per share, vs. $0.46 expected.
— Sales grew 1% to $2.4 billion, vs. $2.3 billion expected.
— Volume fell 1% to 1.2 billion lbs.
— Refrigerated Foods net sales were up 6%.
— Grocery Products net sales were down 11%.
— Jennie-O-Turkey Store net sales rose 3%.
— International and Other net sales grew 5%.
— FY2020 net sales is expected to be $9.50 billion to $10.30 billion.
— FY2020 EPS is expected to be $1.69 to $1.83.
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after
Twilio (NYSE: TWLO) reported first quarter 2021 earnings results today. Revenue increased 62% year-over-year to $590 million. GAAP net loss widened to $206 million, or $1.24 per share, compared to
Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up