Browsing Tag
Earnings
10 posts
IBM logs a large earnings beat, sending its stock higher
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Sweetgreen Earnings News: SG stock spikes 34% on 26% revenue gain
Sweetgreen stock sailed up to a 13-month high on Friday. Salad chain is expanding its automated kitchen concept. Margins rose quickly in Q1, and management thinks this will continue all year. Revenue bested Wall Street's consensus by nearly $6 million. Sweetgreen (SG) stock stole the show on Friday. In a week that saw poor earnings
Nio Stock Earnings: NIO slides on poor Q2 results but then finds floor
Nio loses 8.1% at Tuesday open. Q2 results showed revenue dropping 15% YoY. Q2 adjusted EPADS missed estimated by $0.04. Vehicle margin improved from Q1 but was cut in half from a year ago. Q3 delivery outlook calls for 55K to 57K, more than double the year before. Nio (NIO) stock has been recovering from a
Earnings Results: PayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat
After seeing its shares lose roughly two-thirds of their value in the past year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback authorization and cost-savings program, while also confirming that activists at Elliott Management Corp. have taken a stake in the company. Additionally, the company topped expectations…
Earnings Results: Electronic Arts gets Q1 top line beat, despite worries about sales slowdown
Electronic Arts Inc. shares rose slightly in the extended session Tuesday after the videogame publisher reported solid revenue growth that comfortably beat Wall Street’s forecast. The company posted strong first-quarter sales despite broader concerns that the pandemic boom in videogames could disappear this year. EA EA, -0.79% stock closed down 1.5% at $128.89 in the…
Earnings Results: WD-40 stock rallies following big earnings beat
WD-40 Co. shares rallied in the extended session Thursday after the maintenance and cleaning products company posted a big earnings beat and forecast that rising inflation would have a small effect on the year’s profit. WD-40 WDFC, -0.15% shares surged more than 11% after hours, following a 0.2% decline in the regular session to close…
MVB Financial (MVBF) Tops Q4 Earnings and Revenue Estimates
MVB Financial (MVBF) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. - Zacks This quarterly report represents an earnings surprise of 208%. A quarter ago, it was…
Musk shocks on earnings call, Teslabot a priority, Cybertruck and Semi delayed till 2023 and FSD promised again by end of this year
Today was Tesla’s Q4 2021 earnings call for investors. This morning Elon and the team spoke about the successes in ramping production and deliveries last year and the resulting financial rewards that come as a result. As impressive as the numbers are, 87% growth in deliveries, $17.6B in cash/equivalents on hand, and 30.6% GAAP Automotive…
JPMorgan Earnings Preview: How the Chart Views the Stock
Delta Air Lines (DAL) - Get Delta Air Lines, Inc. Report unofficially kicked off earnings season by reporting before the open. Those shares are up on the day and investors are hoping it’s the start of a solid couple of weeks. We’ll find out soon enough: JPMorgan (JPM) - Get JPMorgan Chase & Co. Report reports results Friday morning. The…