Tag Archives: Estimates

Airbnb (ABNB) reported first-quarter results that exceeded estimates, as virus-related restrictions eased further and helped lift business. The company also reported its first quarter of positive adjusted EBITDA even as it navigated a jump in Omicron cases at the beginning of this year and international disruptions due to Russia’s invasion of Ukraine. Shares of Airbnb rose 6.5% in after-hours trading immediately following the results. Here’s what the lodging company posted in fiscal… Source link

(Bloomberg) — Google parent Alphabet Inc. reported first-quarter revenue that fell short of analysts’ expectations, a rare miss for the technology giant reflecting slower ad sales in Europe and a lackluster performance by its YouTube video service. The shares declined about 6% in extended trading. Most Read from Bloomberg The company also announced a $70 billion share buyback program. Revenue, excluding payouts to distribution partners, increased 20% to $56 billion in the period ended March… Source link

Stocks dipped Wednesday after jumping a day earlier when an apparent deescalation of Russian advances in Ukraine helped boost U.S. equities. Investors also eyed a fresh print on the state of consumer spending in the Commerce Department’s latest retail sales report, which showed a larger-than-expected rebound in consumption at the start of the year. The S&P 500 edged down. On Tuesday, the index closed higher by 1.6% in its first rise in four sessions. The jump came amid an announcement from… Source link

Yandex N.V. YNDX reported fourth-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 76.5%. Further, the bottom line declined 82.6% year over year. Revenues were $1.5 billion. In ruble terms, the figure stands at RUB 110.3 billion, which rose 54% on a year-over-year basis. The reported revenue figure includes the consolidated financial results of Yandex.Market. Strengthening momentum across the company’s online advertising drove top-line growth…. Source link

(Bloomberg) — Amazon.com Inc. reported a strong holiday quarter, calming Wall Street’s concerns that the company was headed for a slowdown. Most Read from Bloomberg Profit beat expectations, helped by the cloud-computing division, and investors cheered a price hike for the company’s Prime subscription service. The shares jumped as much as 19% in extended trading. The reaction highlights the importance of Amazon’s diversification from its e-commerce roots. Online store sales actually… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Feb 1 (Reuters) – Alphabet Inc (GOOGL.O) and its Google unit on Tuesday reported higher than expected fourth-quarter sales as the search giant’s internet advertising, cloud computing and hardware businesses benefited over the holiday season from the growing surge in online shopping.

Starbucks (SBUX) posted fiscal fourth-quarter earnings results that mostly missed Wall Street estimates, but the coffee giant reported a spike in active Starbucks reward members as the fast food industry leans into digital in an effort to boost sales and drive customer loyalty. Here’s what the Seattle-based company reported, compared to Wall Street estimates, according to a Bloomberg consensus estimates: Revenue: $8.1 billion versus $8.22 billion expected Adj. earnings per share (EPS): $1.00… Source link

You’re reading Entrepreneur United States, an international franchise of Entrepreneur Media. This story originally appeared on Zacks Yandex N.V. YNDX reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%.However, the bottom line declined 81.5% year over year.Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis.The reported revenue figure… Source link

This story originally appeared on Zacks Yandex N.V. YNDX reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%.However, the bottom line declined 81.5% year over year.Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis.The reported revenue figure includes the consolidated financial results of Yandex.Market.Strengthening momentum across the… Source link

Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%. However, the bottom line declined 81.5% year over year. Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis. The reported revenue figure includes the consolidated financial results of Yandex.Market. Strengthening momentum across the… Source link