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A further dip in user count weighed down on Snap’s (SNAP) stock after the company reported a narrower net for the September
A further dip in user count weighed down on Snap’s (SNAP) stock after the company reported a narrower net for the September quarter, aided by strong revenue growth. Though the stock gained sharply after the announcement, it retreated later and
Semiconductor giant Intel (INTC) reported a 42% jump in earnings for the third quarter as strength across businesses and strong customer demand for Intel platforms drove revenue higher by 19%. The results exceeded analysts' expectations. Following this, the stock jumped over
Amazon.com Inc. (AMZN) posted stellar earnings this Q3 2018 with upbeat net income but broke its spree of beating market estimates for net sales that it did for the past four straight quarters. The quarter also saw the e-commerce giant
Alphabet Inc. (GOOG, GOOGL) topped market estimates on earnings for the third quarter of 2018 but revenues came in a bit shy, causing the stock to drop over 4% during aftermarket hours. Total revenues grew 21% year-over-year to $33.7 billion
Pharma giant Merck (MRK) swung to a profit in the third quarter from a loss last year, driven by lower costs and expenses. While R&D expenses fell 53%, materials and production costs witnessed a hike of 9%. The bottom line
Net sales of Tractor Supply Company (TSCO) for the third quarter rose 9.3% to $1.88 billion from $1.72 billion a year ago, with comparable store sales rising 5.1%. Gross profit jumped 8.8% to $653.1 million. Net income soared 27.1% to
Earnings of Alaska Air Group (ALK) came in above analysts’ estimates in the third quarter helped by an increase in revenues, despite the high gasoline prices. Though the company’s shares picked up momentum soon after the report Thursday, they retreated
Celgene Corp. (CELG) reported better-than-expected profit and revenue numbers for the third quarter of 2018 on strong product sales. Revenue climbed 18% to $3.89 billion and EPS jumped 20% to $2.29, while analysts predictions for revenue and EPS stood at
American Airlines Group Inc. (AAL) reported a 49% dip in earnings for the third quarter due to an increase in aircraft fuel price and higher operating expenses. The bottom line came in ahead of analysts' expectations, while the top line
America's largest low-cost carrier, Southwest Airlines (LUV), reported third-quarter operating revenues of $5.57 billion, up 5.1% year-over-year, despite being weighed down by the rising fuel prices. The higher revenues, combined with a cut down in the federal income taxes, helped
Twitter Inc. (TWTR) beat market estimates on revenue and earnings for the third quarter of 2018, sending shares surging over 14% during premarket hours on Thursday. As of 8:35 am, the stock was up 11.4%. Total revenues grew 29% year-over-year
E-commerce solutions platform Shopify (SHOP) reported better than expected earnings and revenues for the third quarter aided by robust subscription growth. The company’s stock gained about 5% in Thursday’s premarket trading following the earnings report. [caption id="attachment_14909" align="alignnone" width="1280"] Shopify
Ford Motor Company (F) reported a 37% dip in earnings for the third quarter due to continued challenges in the Europe and China market. However, the company's quarterly results exceeded market expectations. Following this, the stock inched up over 6%
Tesla Inc. (TSLA) topped revenue and earnings expectations for the third quarter of 2018 and achieved profitability as promised by CEO Elon Musk. Shares soared over 12% in aftermarket hours following the solid results. Total revenues grew to $6.82 billion
Tech conglomerate Microsoft (MSFT) Wednesday said its earnings and revenues jumped to a record high in the first quarter, aided by strong performance by the cloud division. The results topped Wall Street estimates and the company’s stock gained sharply in
Semiconductor firm Advanced Micro Devices (AMD) reported a 67% jump in earnings for the third quarter helped by higher revenue as well as lower cost of sales. The bottom line came in line with analysts' expectations. Following this, the stock
Visa Inc. (V) topped market estimates on earnings for the fourth quarter of 2018 while revenues came in line with expectations. The stock was up 2.12% in aftermarket hours. Net operating revenues rose 12% to $5.4 billion, driven by continued growth
Nasdaq Inc. (NDAQ) reported a 4% decline in earnings for the third quarter due to the impact of the divestiture of the Public Relations Solutions and Digital Media Services businesses as well as the unfavorable impact of foreign exchange changes.
United Parcel Services (UPS) dropped 3.4% in morning hours on Wednesday after the company reported third-quarter 2018 revenues that missed market expectations, despite earnings coming in line with estimates. Consolidated revenues grew 7.9% to $17.4 billion from the same period
AT&T Inc. (T) missed earnings estimates for the third quarter of 2018 but revenues came in line with expectations. The stock was down 5.8% in early trading hours on Wednesday. Consolidated revenues grew 15.3% to $45.7 billion, driven by gains
Boeing (BA) reported a 31% jump in earnings for the third quarter helped by the strong operating performance at Commercial Airplanes and a tax benefit related to the tax settlement. The top and bottom line came in above analysts' expectations.
