McDonald’s (MCD) on Wednesday reported third quarter earnings results that topped Wall Street’s expectations, boosted by strong sales growth across the board as customers were enticed by a range of new menu items, even amid a resurgence of COVID-19 cases worldwide. Here’s the Golden Arches reported, compared to Wall Street estimates , according to a Bloomberg consensus estimate: Revenue: $6.20 billion versus $6.03 billion expected Adj. earnings per share (EPS): $2.76 (excluding special items)… Source link
Read More »AMD Gives Another Bullish Forecast; Data Center Sales Double
(Bloomberg) — Advanced Micro Devices Inc. gave a strong forecast indicating that market share gains, particularly in servers, are helping it make up for a tight supply of chips. Fourth-quarter revenue will be about $4.5 billion, plus or minus $100 million, Santa Clara, California-based AMD said Tuesday in a statement. That compares with an average analyst estimate of $4.25 billion. The chipmaker is on course to exceed an earlier forecast and post a sales gain of 65% for 2021, it said. Most… Source link
Read More »Google earnings top estimates as online ad sales remain resilient
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
Read More »Alphabet beats sales estimates on Google ad surge
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
Read More »Yahoo Helps Advertisers Connect Digital Out-of-Home Campaigns to Online, Offline Sales
Partners Catalina, Epsilon, IRI and NCSolutions support DOOH measurement and optimization NEW YORK, October 14, 2021–(BUSINESS WIRE)–Yahoo today announced In-Flight Sales Analysis (ISA) for digital out-of-home (DOOH), allowing advertisers to tie online and offline sales with DOOH ad exposures, as well as measure and optimize for near real-time campaign performance. The solution is enabled by integrations with leading and trusted data providers Catalina, Epsilon, IRI, and… Source link
Read More »Yandex And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity
(VIANEWS) – Yandex (YNDX), Axcelis Technologies (ACLS), NMI Holdings (NMIH) are the highest sales growth and return on equity stocks on this list. Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option? 48.3% sales growth and 4.4% return on equity Yandex N.V., an Internet and technology company, provides Internet search engine in Russia and internationally. … Source link
Read More »Google to slash amount it keeps from sales on its cloud marketplace- CNBC
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo Sept 26 (Reuters) – Alphabet Inc’s (GOOGL.O) Google will take a smaller cut when customers buy software from other vendors on its cloud marketplace, CNBC reported on Sunday. The Google Cloud Platform is cutting its percentage revenue share to 3% from 20%, CNBC said, citing a person familiar with the matter. https://cnb.cx/2XZp7ep “Our goal… Source link
Read More »Existing home sales fall in August
Home sales in the U.S. cooled down in the final month of summer. Existing home sales fell 2% to a seasonally adjusted 5.88 million units in August from a month earlier, according to the National Association of Realtors (NAR). July sales were revised slightly upward to 6 million units. The results exceeded analyst expectations of a 1.7% decline, according to Bloomberg consensus estimates. The dip was expected since pending home sales — a leading indicator for actual sales — fell for two… Source link
Read More »Stock futures rise ahead of retail sales data
Stock futures traded slightly higher Wednesday evening to extend gains from a positive session earlier, with the three major indexes recovering from some heavy selling pressure earlier this month. Contracts on the S&P 500 moved higher as the overnight session kicked off. Dow and Nasdaq futures also gained. Traders are looking ahead to a set of key economic data on Thursday, which will show how solidly the consumer held up as the latest wave of the coronavirus spread across the U.S. The… Source link
Read More »Delta variant will make iPhone sales ‘challenging’
The unpredictable Delta variant appears to be wreaking havoc on the financial modeling skills of the team covering Apple (AAPL) at Goldman Sachs. “We believe growth in iPhone revenue in calendar fourth quarter will be challenging for Apple but we continue to flag a low level of confidence in our ability to predict demand given the complex interplay of issues like the Delta variant, supply shortages, the end of stimulus and high consumer savings,” conceded Goldman Sachs analyst Rod Hall in a… Source link
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