Goldman Sachs Group Inc. GS, +1.10% stock is down about 1.7% in premarket trades after the investment bank reported sharply lower fourth-quarter earnings that missed analyst expectations, after a blockbuster Read more
Tag: misses
WeWork posts wider-than-expected Q3 loss and misses on revenue
Office-sharing company WeWork Inc. WE, -8.99% posted a net loss of $568 million, or 75 cents a share, for the third quarter, narrower than the loss of $802 million, or Read more
ArcelorMittal profit misses forecasts, as shipments fall, energy costs rise
ArcelorMittal on Thursday reported third-quarter net income that missed expectations as market conditions deteriorated, marked by lower shipments and higher energy costs. The Luxembourg-based steelmaker MT, -2.24% MT, -0.25% said Read more
Sanofi posts higher sales but $2.07 billion net profit misses forecasts
Sanofi SA on Friday posted higher sales for the third quarter, though net profit declined slightly, and raised its business earnings-per-share guidance for 2022, citing a good performance in vaccines Read more
Amazon misses on holiday forecast and cloud growth, profit; stock plunges 20%
Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than analysts expected as cloud growth slowed and AWS profit missed expectations by nearly $1 billion, Read more
Amazon misses on holiday forecast and cloud growth, profit; stock plunges nearly 20%
Amazon.com Inc. showed its first quarterly profit of the year Thursday, but predicted that holiday sales and profit would come in well lower than analysts expected while cloud growth slowed, Read more
Northrop Grumman reports third-quarter top- and bottom-line misses, but space business is a highlight
Northrop Grumman Corp.’s stock fell before the opening bell on Thursday after the defense contractor reported third-quarter results that missed on the top and bottom lines and delivered a weak Read more
Boeing stock moves lower premarket after Q3 loss widens and revenue misses by almost $2 billion
The Boeing Co. stock BA, +3.24% fell 1.5% in premarket trade Wednesday, after the company’s third-quarter loss widened and revenue missed consensus estimates by almost $2 billion. The aerospace giant Read more
Tod’s buyout won’t go forward after offer misses threshold
The buyout offer for Italian luxury shoemaker Tod’s SpA won’t go forward after the Della Valle family fell short of the 90% ownership threshold it targeted, the family’s financial vehicle Read more
Microsoft stock slips despite earnings beat, as cloud growth slows and misses projections
Microsoft Corp. shares slipped in after-hours trading Tuesday despite an earnings beat, as the company’s cloud-computing revenue came in lower than expected and its core cloud product, Azure, grew at Read more