Tag Archives: earnings

With iPhone revenue up year over year, Apple reports record earnings quarter, on Thursday, even with just a week or so of iPhone 15 sales factored into the numbers. However, all of the company’s other hardware divisions were down, and overall sales were down for the fourth consecutive quarter. The …

Shopify, a Canadian e-commerce company, reported strong Q3 results that beat expectations and provided upbeat guidance for the remainder of the year. The company’s earnings per share were 24 cents adjusted compared to 14 cents expected, and revenue was $1.71 billion compared to $1.67 billion expected. Shopify expects 2023 revenue …

The S&P 500 largely maintained its gains on Wednesday, despite choppy trading as Federal Reserve Chair Jerome Powell kicked off his press conference. The US central bank had, as anticipated, kept interest rates unchanged while praising the strength of the economy.In a policy statement that acknowledged the unexpected strength of …

In the third quarter of 2023, McDonald’s, the renowned fast food company, outperformed market expectations, attaining remarkable growth in its international sales. The company’s profits surged to $3.19 per share, surpassing the anticipated $3.00 per share. Furthermore, its revenues climbed to $6.69 billion, outshining the projected $6.58 billion. McDonald’s experienced …

In the third quarter of this year, ExxonMobil experienced a decline in profits compared to the same period last year, as stated in the earnings report released on Monday. However, the company saw a noteworthy 15% increase in net income in the last September quarter, a boost attributed to the …

With company earnings, economic data, and the Federal Reserve’s two-day monetary policy meeting this week, Wall Street rebounded on Monday.The S&P 500 gained 1.2%, the Nasdaq gained almost the same amount, and the Dow increased by almost 1.6%. Microsoft and Amazon outperformed the market as a whole, and Megacap stocks …

McDonald’s achieved profits that surpassed market expectations after achieving significant growth in its international sales in the quarter ending last September.McDonald’s profits rose to $3.19 per share in the third quarter of 2023, versus expectations of $3.00 per share.The company’s revenues also rose to $6.69 billion in the quarter ending …

Amazon exceeded Wall Street expectations in its third-quarter results, with notable growth in its cloud business and a substantial increase in advertising revenue. Following the report, Amazon’s stock rose 6% in pre-market trading. In Q3, Amazon reported earnings per share (EPS) of $0.94 on revenue totaling $143.1 billion, outperforming estimates …

Hertz, a rental company that began using Tesla automobiles in 2021, faced difficulties as a result of the electric automaker’s price reductions during the third quarter. Hertz’s Q3 earnings report was hampered by price fluctuations because profit projections were not met.As it learns to control expenses, Hertz will reduce the …

Heineken beer company’s sales declined in the third quarter of 2023 after completing exit procedures from its investments in Russia, as the Dutch company’s sales recorded a decline of 4.2% in this period.It is likely that the main reason behind the decline in sales could be the slowdown in the …