Tag Archives: Estimates

(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

Google parent Alphabet Inc. reported quarterly results that exceeded Wall Street estimates Tuesday, belying fears that it would be dinged by the changes in Apple Inc.’s mobile privacy policy that stung its social-media brethren. The search-engine giant  GOOGL, +1.35% GOOG, +0.65%,  dominant in global digital advertising, reported net income of $18.94 billion, or $27.99 a share, in its fiscal third quarter, compared… Source link