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
Read More »Yandex (YNDX) Q2 Earnings Miss Estimates, Revenues Rise Y/Y – July 29, 2021
Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) 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… Source link
Read More »Dow, S&P 500, Nasdaq set fresh record highs after June payrolls beat estimates
Stock futures drifted sideways on Tuesday to hold near record levels, as traders prepared to return to a relatively sanguine session following a holiday weekend in the U.S. Contracts on the S&P 500, Dow and Nasdaq hugged the flat line. Each of the major indexes jumped to fresh record highs on Friday, propelled by a June jobs report that reflected a healthy pace of recovery in the labor market but that did not suggest an overheating economy. Oil prices climbed amid a breakdown in… Source link
Read More »GameStop sales top estimates, losses narrow more than expected as company taps new executives
GameStop (GME) reported fiscal first-quarter results that reflected improved sales and narrowing losses, even as many investors continue to fixate on the company’s “meme stock” clout over business performance. The company also announced two Amazon veterans would be joining the company as chief executive officer and chief financial officer. Shares traded 5% lower during the after hours session before paring some losses. Here were the main results from GameStop’s report compared to consensus… Source link
Read More »Stock futures rise after economic data tops estimates, stoking rise in reopening stocks
Stock futures opened higher Thursday evening as investors awaited new economic data on consumer spending, income and inflation out Friday morning and considered stronger-than-expected data reports out earlier this week. Contracts on the S&P 500 advanced after the blue-chip index closed out a back-to-back session of gains on Thursday. Contracts on the Dow added more than 100 points, while contracts on the Nasdaq also increased in late trading. Shares of Dow-component Salesforce (CRM) gained… Source link
Read More »Lyft beats Q1 earnings estimates, co-founder says ‘recovery is clear’
Bloomberg Pfizer Sees $26 Billion From Covid Shot, Big Potential Ahead (Bloomberg) — Pfizer Inc. laid out a plan to turn its Covid-19 vaccine into a long-term business, clinching supply agreements that will yield $26 billion in sales this year while expanding the shot to children and developing new formulations that can combat variants and be stored more easily.The drugmaker’s revenue forecast was an increase from $15 billion, reflecting the strong demand worldwide for a return to normalcy…. Source link
Read More »Amazon Q1 earnings top estimates, revenue up 44% year-over-year
Amazon (AMZN) reported better-than-expected first-quarter results on Thursday, with quarterly revenue surging past $100 billion again. Here’s what the company reported in its fiscal first-quarter results, compared to consensus estimates compiled by Bloomberg: Revenue increased 44% to $108.5 billion in the quarter versus $75.5 billion in the same quarter a year ago. During the first quarter, Amazon’s core online stores business saw its net sales grow 44% to $52.9 billion compared to $36.65… Source link
Read More »Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y – April 29, 2021
Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link
Read More »Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y
Yandex N.V. YNDX reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Improving momentum across the company’s… Source link
Read More »Stock futures rise after Biden unveils ambitious proposals, earnings top estimates
Stock futures pointed to a higher open Thursday morning as investors considered a batch of stronger-than-expected earnings results from major companies and a sweeping set of proposals from President Joe Biden aimed at revamping the country’s infrastructure and supporting families, children and students. Contracts on the S&P 500 added 0.7%, and the index was on pace to open at an all-time high. Dow futures gained more than 150 points, or 0.5%, while contracts on the Nasdaq gained about… Source link
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