Bob Chapek, Disney CEO at Boston College Chief Executives Club, November 15, 2021. Charles Krupa | AP Disney missed expectations for profit and key revenue segments during the fiscal fourth quarter on Tuesday and warned that strong streaming growth for its Disney+ platform may slow going forward. The company’s shares fell about 8% in after-hours … Read more
Scott Farquhar, co-founder and co-CEO of software company Atlassian, speaks during a jobs and skills summit at Parliament House on September 1, 2022 in Canberra, Australia. The Australian Government is bringing together political, business, union and community leaders at Parliament House to address issues facing the Australian economy and workforce as inflation and interest rates … Read more
Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ estimates, driven by U.S. customers spending more on their orders. Shares rose 2.3% in after-hours trading on the earnings report. Here’s what the company reported for the quarter ended Oct. 2 compared to what Wall Street expected, based on a survey of analysts by … Read more
Brody Longo trains on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Platoon posted a bigger-than-expected loss in its fiscal first quarter as a steep decline in revenue from connected fitness products offset an increase in subscription revenue. Shares fell more than 20% in premarket trading … Read more
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, driven by sales growth at Burger King and Tim Hortons. The company’s shares were unchanged in premarket … Read more
Josh Silverman, CEO of Etsy Adam Jeffery | CNBC Etsy shares rose as much as 10% in extended trading Wednesday after the online marketplace’s third-quarter revenue and earnings beat expectations. The company also issued positive guidance for the current period. Here’s how the company did it: Earnings: 58 cents per share, adjusted, versus 36 cents … Read more
Cristiano Amon, president and CEO of Qualcomm, speaks during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Qualcomm shares fell 7% in extended trading Wednesday after the chipmaker reported in-line fiscal fourth-quarter earnings but offered poor guidance for the first quarter. The … Read more
Signage displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, USA, Thursday, January 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum brands on Wednesday reported quarterly results that missed analysts’ expectations as the strong US dollar weighed on results. However, revenue came in above expectations … Read more
Rafael Henrique | Lightrocket | Getty Images CVS health reported third-quarter earnings Wednesday morning that beat Wall Street expectations. Here’s how the drugstore giant fared compared to Wall analysts’ estimates, according to Refinitiv: Earnings per share $2.09 vs. $1.99, expected. Revenue $81.16 billion vs. $76.75 billion, expected. The results mark a 10% year-over-year revenue increase … Read more
AMD President and CEO Lisa Su speaks during an AMD event at CES in Las Vegas on January 6, 2020. Bridget Bennett | Bloomberg | Getty Images Advanced micro-devices shares rose as much as 3% in extended trading Tuesday after the chipmaker announced earnings and quarterly guidance that fell short of Wall Street expectations. Here’s … Read more