Tag Archives: hours

Tesla (TSLA) The electric vehicle (EV) giant reported adjusted quarterly earnings of $1.19 versus analyst estimates of $1.12 per share. Sales of $24.32 billion beat analyst estimates of $23.03 billion. Tesla’s automotive gross margin of 25.9% came in below expectations of 28.4%. The company said its Cybertruck model is on track to begin production later this year. More details are expected to be revealed at its investor day on March 1. IBM (IBM) IBM shares rose 2% after the company announced… Source link

Alcoa (AA) Alcoa shares fell in after hours on weaker-than-anticipated shipments for the precious metal this year. The U.S. based aluminum producer expects between 2.5 million and 2.6 million metric tons of shipments this year. That came in short of the consensus analyst estimates to ship an average of 2.65 million tons of aluminum. “The Company also worked to mitigate challenging market conditions throughout the year that included high costs for raw materials and energy and lower sequential… Source link

United Airlines (UAL) Shares of the airline are up more than 5% in after hours after better-than-expected quarterly results and earnings guidance. United sees its first quarter adjusted earnings anywhere between 50 cents and $1.00, beating estimates of 22 cents per share. The airline reported fourth quarter EPS of $2.36 versus analysts’ consensus expectations of of $2.12. It’s revenue of $12.4 billion also came in above expectations of $12.2 billion. The airline said it able to recover quickly… Source link

Disney (DIS) Tokyo, Japan – December 14, 2012: Minnie Mouse in the red coat waving her hand in daytime Parade at Tokyo-Disneyland, Tokyo, Japan. Shares of media giant Disney rose in after hours following the announcement of Mark Parker as chairman of the board. Parker has been executive chairman of Nike and has been a member of the board of Disney for the last seven years. Share of Nike stayed flat in after-hours. Parker will succeed Susan Arnold, who will not stand for re-election due to the… Source link

Wells Fargo (WFC) Wells Fargo announced it will create a more focused home lending business. The bank’s move comes amid with a stagnant housing market. Mortgage rates above 6.5% have put a damper on lending for property purchases and refinance agreements. Home mortgages is an industry in which Wells Fargo has been a dominant player. “Mortgage is an important relationship product, and our goal is to continue to be the primary mortgage lender to Wells Fargo bank customers as well as minority… Source link

Tennessee Titans offensive coordinator Todd Downing was arrested for DUI just hours after the Titans’ win over Green Bay on Thursday night. Downing was arrested by the Tennessee Highway Patrol in Williamson County early Friday morning. He was cited for driving under the influence and speeding, and booked into the Williamson County jail at approximately 4:30 a.m. Downing was released around 7 a.m. According to the arrest report, the arresting officer pulled Downing over after his vehicle was… Source link

Retail trading app Robinhood (HOOD) reported third quarter-earnings Wednesday showing the company beat revenue and earnings estimates thanks to higher interest earned from rising rates. But the platform fell short on maintaining monthly active users at consensus expectations. It lost 1.8 million monthly active users for the period, a quarterly decrease of 12.8% to 12.2 million, the lowest level since it listed as a publicly traded company. Shares of HOOD, which have sold off more than 33% year… Source link

Costco (COST): Total comparable store sales rose 8.5% in September, beating Wall Street’s earnings estimate of 6.3% growth. Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange rose 8.6%. Net sales for last month totaled $21.5 billion, up 10.1% from a year ago. Ford (F): The company is raising the price of its F-150 lightning for the second time in recent months, driven by higher costs and supply chain issues. The 2023 F-150 Lightning Pro, which is… Source link

Ford (F): Shares fell in extended trading after the company warned of larger costs due to inflation and supply chain challenges. Ford now sees inflation related supply costs to be about $1 billion higher during the quarter compared to its previous estimate and sees supply shortages to affect about 40,000 to 45,000 vehicles, shifting some revenue to the fourth quarter. Ford sees 3Q adjusted EBIT of $1.4 billion to $1.7 billion but reaffirmed its adjusted full-year EBIT guidance. Bitcoin ( Source link

The Milwaukee Brewers released pitcher Luke Barker this week, and he’s not happy about it. It’s not the fact that he was released that got to him, however. That happens in baseball all the time. It was that he was designated for assignment and released just hours after he underwent Tommy John surgery. “Unfortunately, this means my time as a member of the Milwaukee Brewers organization has come to an end,” he wrote on Twitter on Thursday night. “I’ll let others decide whether… Source link