Tag Archives: Estimates

The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China, August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter Oct 26 (Reuters) – Google owner Alphabet Inc (GOOGL.O) on Tuesday beat expectations for third-quarter revenue, a positive sign that its advertising business is overcoming new limits on tracking mobile users and sending its shares up slightly. Through its search engine, YouTube video service and partnerships across the Web, Google sells… Source link

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

Netflix (NFLX) reported third-quarter results after market close that showed a pick-up in subscriber growth after a disappointing first half of the year. Third-quarter profits also came in ahead of Wall Street’s expectations, while revenue matched estimates.  Shares rose by about 1.5% in late trading following the results.  Here were the main metrics from Netflix’s report, compared to consensus estimates compiled by Bloomberg: Revenue: $7.48 billion vs. $7.48 billion expected, $6.44 billion… Source link

U.S. private employers added back far fewer jobs than expected in August as the Delta variant’s spread began to take its toll on the pace of the labor market’s recovery. Private payrolls rose by 374,000 in August, ADP said in its closely watched monthly report on Wednesday. Consensus economists were looking for private payrolls to grow by 625,000, according to Bloomberg data. In July, private sector jobs increased by 326,000, according to the firm’s revised monthly print.  By sector,… Source link

HP Inc. (HPQ) reported better than expected fiscal third quarter earnings on Thursday evening, powered by a tight grip on costs in each of its business segments.  Third quarter sales at HP’s personal systems were unchanged versus a year ago. Sales for the printing segment rose 24% from a year ago. Operating profit margins in the personal systems segment rose 290 basis points from the prior year, and gained 540 basis points in the printing business. Here is how HP performed versus Wall… Source link

Target (TGT) delivered solid results for the second quarter and joins a select few retailers — namely rival Walmart — in saying the COVID-19 Delta variant hasn’t led to a marked sales slowdown for the all-important back-to-school shopping season even as consumer confidence has begun to wane. “While the current environment remains volatile, our results over the last 18 months have proven conclusively that our team and operating model can seamlessly adapt to changes in the environment, and… Source link

AMC Entertainment (AMC) shares are up in after-hours after the movie theater company beat on the top and bottom line for its second quarter.  AMC reported a loss per share of 71 cents, compared to Wall Street estimates of a loss of 94 cents per share.  Revenue climbed to $444 million for the quarter versus expectations of $382.25 million. The company’s second-quarter performance is a massive increase compared to the same period last year when it brought in revenues of $19 million. The top… Source link

U.S. employers added back fewer jobs than expected in July, with the tepid return of workers capping overall economic growth as the economy struggles to fully emerge from the grips of the COVID-19 pandemic.  Private payrolls increased by 330,000 in July, ADP said in its closely watched monthly report on Wednesday. Consensus economists were looking for a rise of 690,000, according to Bloomberg data. In June, the economy added back 680,000 private payrolls, with this figure revised down from… Source link

Tech juggernaut Amazon (AMZN) reported its Q2 2021 earnings after the closing bell on Thursday, missing expectations on revenue and falling short on Q3 guidance. Here’s are the most important numbers from Amazon’s report compared to analysts’ expectations as compiled by Bloomberg. Revenue: $113.08 billion versus $115.06 billion expected EPS: $15.12 versus $12.22 expected AWS revenue: $14.81 billion versus $14.18 billion expected Amazon’s stock was off as much as 5% following the earnings… Source link

Yandex N.V. YNDX reported second-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 89.7%. Further, the figure declined 50% sequentially and 55.6% year over year. Revenues were $1.12 billion. In ruble terms, the figure totaled RUB 81.4 billion, up 70% on a year-over-year basis and 11.4% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Strength across the company’s online advertising… Source link