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Sysco Corp. (SYY) reported a 5.9% drop in earnings for the second quarter due to higher costs and expenses. The bottom line
Sysco Corp. (SYY) reported a 5.9% drop in earnings for the second quarter due to higher costs and expenses. The bottom line exceeded analysts' expectations while the top line missed consensus estimates. Following this, the stock inched up over 2%
Benefitting from the continued sales growth across all markets, led by cancer drug Soliris, Alexion Pharma (ALXN) Monday reported a double-digit increase in fourth-quarter revenues and adjusted earnings, which sent the company’s stock soaring in the pre-market trading. [caption id="attachment_21638"
Twitter (NYSE: TWTR) is scheduled to report its fourth quarter 2018 results on February 7 before the bell. The microblogging site is going to report its earnings just a week after its rival Facebook (FB) surprised with stellar Q4 results
Still haunted by the redesign debacle that drew some harsh reactions from the market, Snap (SNAP) is probably hoping for a turnaround this year. While the positive rating on the stock in recent months lifted the sentiment, the abrupt exit
Possibly the owner of every '90s memorabilia property except DC Comics and other Warner Bros. things, The Walt Disney Co (DIS), is set to announce its first-quarter 2019 earnings after the closing bell on Tuesday, Feb. 5. But all is
Electronic Arts, the maker of hit video-game titles such as Madden and FIFA, is set to announce its third-quarter 2019 earnings after the closing bell on Tuesday, Feb. 5. Analysts estimate earnings of $1.93 per share on revenue of $1.76
Alexion Pharmaceuticals Inc. (ALXN) is set to report fourth-quarter 2018 earnings results on Monday, February 4, before market open. Wall Street expects the company to report earnings of $1.82 per share, reflecting a growth of 25% on a year-over-year basis.
Glu Mobile (GLUU) is set to report its fourth quarter and full-year 2018 results on February 4, Monday after the bell. Analysts expect the mobile game publisher to report first time quarterly profit in the three years on revenue of
Merck’s (MRK) shares climbed over 3% in morning trade on Friday after the company topped revenue and earnings expectations for the fourth quarter of 2018. Worldwide sales grew 5% to $11 billion from the prior-year quarter. Foreign exchange negatively impacted
Shares of Alphabet (GOOGL) slipped 7% in the trailing 52 weeks as the tech sector as a whole went through a rough patch, thanks to data scandals, regulatory crackdowns, and socio-political tensions. However, when comparing with the industry’s decline of
Shares of Chevron Corp. (CVX) gained Friday after the energy exploration company reported double-digit growth in its fourth-quarter earnings, supported by lower expenses. While earnings topped analysts’ forecast, revenues fell short of expectations. [caption id="attachment_21557" align="aligncenter" width="1280"] Chevron Q4 2018
Elon Musk has his eyes on the Chinese market. His latest move for a cheaper Tesla car for the Asian country is a testament to it. On Friday, Feb. 1, Tesla announced that the electric car company has started taking
Exxon Mobil Corporation (XOM) reported a 28% dip in earnings for the fourth quarter due to tax reform and impairments. The results exceeded analysts' expectations. Following the earnings report, the energy giant's stock inched up 2.66% in the premarket session.
Total sales declined 10% to $9.72 billion for Honeywell International (HON) in the fourth quarter, hurt by the impact of its recent spin-offs. However, the top line edged past Wall Street expectation of $9.69 billion. Organic sales improved 6%, primarily
Cigna Corporation (CI) topped market expectations on revenue and earnings for the fourth quarter of 2018. Despite the beat, the stock fell 3% in premarket hours on Friday. Total revenues grew 34% to $14.3 billion from the same period last
Shares of security software maker Symantec Corp. (SYMC), which is currently facing an extensive probe into accounting practices, gained sharply Thursday after the company reported stronger than expected earnings and revenues for the third quarter. [caption id="attachment_21498" align="alignnone" width="1280"] Symantec
Amazon Inc. (AMZN) reported a 63% jump in earnings for the fourth quarter helped by higher sales and Prime holiday sales growth. The results exceeded analysts' expectations. The eCommerce giant guided first-quarter revenue in line with the consensus view. Net
Altria Group Inc. (MO) reported revenue and earnings in line with consensus estimates for the fourth quarter of 2018. Shares were up 1% in morning trade on Thursday. Net revenues remained flat at $6.1 billion. Revenues, net of excise taxes,
Ferrari NV’s (RACE) shares soared 10.2% in morning trade on Thursday after the company beat estimates on earnings for the fourth quarter of 2018. Revenues fell short of expectations. [caption id="attachment_21383" align="aligncenter" width="627"] Ferrari Q4 2018 Earnings Infographic[/caption] Net revenues
After Visa (V) topped Q1 2019 results on Wednesday, Mastercard (MA) also surpassed its fourth quarter 2018 bottom line estimates today. Mastercard reported Q4 earnings of $1.55 per share on revenue of $3.81 billion. Analysts had predicted Mastercard to earn
Celgene Corp. (CELG) swung to a profit in the fourth quarter from a loss last year, helped by lower research and development costs as well as a decline in acquisition-related charges and restructuring. A drop in income tax provision also
