Earnings Archives

February 02 at 3:30 pm

Starbucks is about to report earnings. Here’s what to expect

Starbucks reports earnings after the bell. The coffee chain is expected to report quarterly earnings per share of 77 cents and revenue of $8.78 billion…. [Read More]

February 02 at 1:50 pm

Penn’s sports betting business posts head-turning fourth quarter profit

Penn Entertainment said its interactive gambling business, which includes sports betting, made a profit in the fourth quarter. It’s tougher to turn a profit during… [Read More]

February 02 at 8:05 am

Ferrari’s profits jump 13% in 2022, supercar maker expects an even better year in 2023

Ferrari on Thursday reported full-year profits up 13% year over year. It guided to an even stronger year in 2023, boosted by its high-priced sports… [Read More]

February 02 at 6:56 am

Oil giant Shell posts highest-ever annual profit of $40 billion

Shell reported adjusted earnings of $39.9 billion for the full-year 2022. This comfortably surpasses the $28.4 billion in 2008 which Shell said was the firm’s… [Read More]

February 01 at 7:13 am

Peloton losses narrow as subscription revenue again outpaces equipment sales

Peloton’s net losses narrowed from a year earlier, but it’s the eighth straight quarter the company has failed to turn a profit. The exercise equipment… [Read More]

January 31 at 8:02 am

Pfizer expects 2023 sales to decline by as much as 33% compared with record-breaking 2022

Pfizer forecast $67 billion to $71 billion in 2023 sales. That’s a significant drop from the $100.3 billion in revenue the company booked in 2022,… [Read More]

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January 31 at 6:27 am

UPS revenue falls short of expectations despite growth in U.S. business

UPS reported mixed fourth-quarter results, beating Wall Street’s expectations on earnings but missing on revenue. The shipping company saw revenue dip in its international and… [Read More]

January 31 at 6:11 am

UBS gets a boost from higher interest rates, but warns of ‘uncertain’ year ahead

UBS reported $1.7 billion of net income for the fourth quarter of last year, bringing its full-year profit to $7.6 billion in 2022. “The rate… [Read More]

January 31 at 12:01 am

McDonald’s is about to report earnings. Here’s what to expect

McDonald’s is set to report fourth-quarter earnings before the bell. Wall Street expects McDonald’s to post earnings per share of $2.45 and revenue of $5.69… [Read More]

January 31 at 12:01 am

General Motors is set to report earnings before the bell. Here’s what Wall Street expects

General Motors is set to report earnings around 6:30 a.m. Tuesday. GM’s earnings conference call is scheduled for 8:30 a.m. The Detroit automaker is expected… [Read More]

January 26 at 7:30 am

American Airlines beats fourth-quarter profit expectations as higher fares buoy revenue

American Airlines reported profits that topped estimates after a rocky holiday travel season. The airline’s revenue was up nearly 17% from 2019 before the pandemic… [Read More]

January 26 at 7:18 am

Southwest posts $220 million loss last quarter after holiday meltdown

Southwest canceled about 17,000 flights over the year-end holidays. The airline took a $800 million-hit to pretax results from the flight disruptions. Southwest expects to… [Read More]

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