Tag Archives: earnings

Tesla (TSLA) posted third-quarter profits that topped expectations, with record deliveries helping fuel the electric-vehicle maker’s results even as supply chain challenges weighed broadly on the auto industry. However, quarterly revenue came in short of consensus expectations, and shares fell slightly in after-hours trading.  Here were the main metrics from Tesla’s report, compared to consensus estimates compiled by Bloomberg: Revenue: $13.76 billion vs. $13.91 billion expected, $8.77… Source link

Stock futures traded slightly higher Tuesday evening as investors eyed a batch of stronger-than-expected earnings results with increasing optimism over the trajectory of corporate profits even in the face of supply chain constraints. Contracts on the S&P 500 edged up. The blue-chip index closed out a fifth straight session in positive territory on Tuesday, marking its longest winning streak since August. Bitcoin (BTC) prices topped $64,000 per share and closed in on an all-time high, after… Source link

Stock futures opened little changed on Monday evening, as investors awaited a slew of new earnings results to determine the impact of ongoing supply chain concerns and rising costs on corporate America.  A number of major companies are set to report earnings results Tuesday morning, including consumer giants Procter & Gamble (PG) and Johnson & Johnson (JNJ) before market open, and Netflix (NFLX) and United Airlines (UAL) after market close.  The latest quarterly results, guidance and executive… Source link

Stock futures fell Monday morning to give back some gains after the S&P 500’s best week since July, with investors’ concerns over elevated inflation offsetting hopes that more companies will follow the lead of the big banks last week and post strong quarterly earnings results.  Contracts on the Dow dropped about 100 points, or 0.3%, with about two hours until the opening bell. The S&P 500 and Nasdaq also headed for lower opens. The moves tracked a drop in overseas equities after China… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Technology stocks rally * Big banks rise as profits beat forecasts * UnitedHealth jumps on strong results * Indexes up: Dow 1.6%, S&P 500 1.7%, Nasdaq 1.8% (New throughout, updates prices, market activity and comments adds dateline, changes byline) By Caroline Valetkevitch NEW YORK, Oct 14 (Reuters) – U.S. stocks surged on Thursday as companies including Bank of America and UnitedHealth… Source link

Stock futures opened little changed Wednesday evening after another choppy session in the markets, with another batch of bank earnings and labor market and inflation data due for release on Thursday.  Contracts on the S&P 500 hugged the flat line. Earlier, both the blue-chip index and Nasdaq closed out the session higher, led by a jump in technology stocks as Treasury yields pulled back after a recent run-up. The drop in yields— with the benchmark 10-year yield pulling back below 1.55%… Source link

Stocks rose Monday as investors mulled ongoing signs of inflation and supply-related challenges and awaited more data on corporate earnings.  The S&P 500, Dow and Nasdaq each pushed into positive territory to shake off overnight losses. Treasury yields gained across the curve, and the benchmark 10-year yield hovered around 1.61%, or its highest level since June.  U.S. West Texas intermediate crude oil futures extended gains after logging a seventh straight weekly advance, jumping by another… Source link

The world’s leading semiconductor manufacturer, Micron Technology, is expected to report its fiscal fourth-quarter earnings of $2.33 per share, representing year-over-year growth of more than 115% from $1.08 per share seen in the same quarter a year ago. The semiconductor company is expected to post revenue growth of over 30% to around $8.2 billion from a year earlier. According to ZACKS Research, for the fiscal fourth quarter, the company forecasts revenues of $8.2 billion (+/- $200… Source link

On Thursday after the bell, Nike (NKE) will report first-quarter results, and while most analysts believe that the sportswear giant will post strong earnings, supply chain issues as a result of factory closings in Vietnam loom large. Analysts polled by Bloomberg predict Nike will report adjusted earnings per share of $1.15 on revenue of $12.472 billion. Over the past few months, COVID-19 cases in Vietnam have continued to rise. However, its vaccination rates have continued to lag behind its… Source link

Brokerages predict that Yandex (NASDAQ:YNDX) will announce earnings per share (EPS) of $0.02 for the current quarter, according to Zacks. Zero analysts have issued estimates for Yandex’s earnings. Yandex posted earnings per share of $0.27 in the same quarter last year, which would suggest a negative year over year growth rate of 92.6%. The business is scheduled to report its next quarterly earnings report on Wednesday, October 27th. According to Zacks, analysts expect that Yandex will… Source link