A team of equity analysts at Goldman Sachs Group GS, +0.75% cut their expectations for S&P 500 earnings growth through 2024, citing a plethora of headwinds that will likely continue Read more
Tag: Profit
Ryanair swings to net profit as revenue soars, but says rest of year looks fragile
Ryanair Holdings PLC said Monday that it swung to a net profit for the first half of fiscal 2023 as traffic recovered strongly in the period, but that recovery for Read more
Block stock rockets higher after earnings as Square parent beats on profit
Shares of Block Inc. were rising 13% in after-hours trading Thursday after the payment-technology company exceeded expectations with its latest earnings and gross-profit figures. The company, which changed its corporate Read more
Moderna stock slides 14% premarket after profit and revenue fall short of estimates and biotech offers soft guidance
Moderna Inc. shares MRNA, -3.88% slid 14% in premarket trade Thursday, after the COVID vaccine maker posted far weaker-than-expected third-quarter earnings and said short-term supply constraints would impact 2022 advance Read more
BMW says profit rose to 3.2 billion euros in Q3
BMW AG BMW, -0.05% on Thursday confirmed the full-year margin target for its auto business and said earnings came in higher in the third quarter, helped in part by car Read more
Booking profit more than doubles, beating expectations; stock rises
Booking Holdings Inc. stock rose sharply in extended trading Wednesday as the company’s third-quarter profit more than doubled and its results beat Wall Street expectations across the board. Booking BKNG, Read more
Estee Lauder stock tumbles more than 11% after profit beat expectations, but outlook was well below
Shares of Estee Lauder Cos. EL, +3.13% tumbled 11.1% toward a 2 1/2-year low, after the beauty products company fiscal first-quarter profit that topped expectations while sales matched, but provided Read more
Saudi Aramco reports $42 billion profit as oil prices climb
DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, a 39% bump buoyed by the Read more
BP rakes in quarterly profit of $8.2 billion as oil majors post another round of bumper earnings
The world's largest oil and gas majors have reported bumper earnings in recent months, benefitting from surging commodity prices. #bp #oilmajors #majors
Emerson receive $9.5 billion upfront for sale of stake in climate technologies business; beats Q4 profit expectations
Shares of Emerson Electric Co. EMR, +1.76% gained 0.7% in premarket trading, after automation technology and software company confirmed Monday an agreement to sell a majority stake in its climate Read more