Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations as its limited-time carne asada drove customers to its restaurants. Shares of the company rose 1% in extended trading. Ahead of its earnings release, the stock hit an all-time high of $890.17 during morning trading Tuesday. Here’s what the company reported compared with what Wall
Earnings
Jim Hackett of Ford Motor speaks at an event during the 2018 North American International Auto Show (NAIAS) in Detroit, Michigan, U.S., on Jan. 14, 2018. Andrew Harrer | Bloomberg | Getty Images DEARBORN, Mich. – Ford Motor lost $1.67 billion during the fourth quarter, missing Wall Street earnings expectations, on higher North American warranty
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, January 24, 2020. Lucas Jackson | Reuters Halfway through earnings season for the fourth quarter of 2019, and it’s been a tale of haves and have-nots. The haves include megacap tech names like Netflix, Intel, Microsoft,
Sony raised its annual profit outlook on strong sales of smartphone image sensors after reporting a smaller-than-expected decline in quarterly profit, but it warned of an impact from the Wuhan coronavirus on its global supply chain. Demand for image sensors has been strong enough that even with its plants operating at full capacity Sony has
Tesla CEO Elon Musk speaks during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. STR | AFP | Getty Images Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October, and investors eagerly anticipate the company’s fourth quarter results, which it is scheduled to report
A person smokes a Juul Labs Inc. e-cigarette in this arranged photograph taken in the Brooklyn Borough of New York, U.S., on Thursday, Dec. 20, 2018. Altria Group’s plan to take a $12.8 billion stake in Juul Labs could be destroying value, Citigroup analysts write in a note downgrading the stock to a sell from
A reception desk at Amazon offices in downtown Seattle, Washington. Glen Chapman | AFP | Getty Images Amazon‘s advertising segment was just one factor in the company’s blowout fourth quarter, but the company outlined where it sees growth for the high-margin business. Amazon’s “other” category, which is mostly made up of its advertising business, generated
Exxon earned $5.69 billion in the fourth quarter, down from $6 billion in the same period a year ago as lower oil prices continue to pressure profits. Excluding items including a $3.7 billion gain from the Norway divestment, profit for the quarter missed analyst estimates by 2 cents a share. Here’s how the energy giant’s
Chevron posted a $6.6 billion loss in the fourth quarter due to $10.4 billion worth of write-offs related to the company’s shale gas production sites in Appalachia and deep-water projects in the Gulf of Mexico. In December, the company warned that this charge would be between $10 billion and $11 billion. Shares slid more than
Mondelez CEO Dirk Van de Put said on Thursday that he expects first-quarter revenue to be affected by the spread of the coronavirus, which has killed at least 171 people in China and infected more than 8,200 since emerging less than a month ago. The company has already closed two factories near the epicenter of
Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images Amazon’s ongoing effort to get orders to your doorstep more quickly is likely to drag down profit numbers when the company reports fourth-quarter results
Jeff Bezos Matthew Staver | Bloomberg | Getty Images Amazon is set to report fourth-quarter earnings after Thursday’s closing bell. Here are the key numbers: Earnings per share: $4.03 per share, according to analysts surveyed by Refinitiv Revenue: $86.02 billion, per Refinitiv Amazon Web Services: $9.81 billion, according to FactSet Amazon is expected to see
A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019. Temilade Adelaja | Reuters Coca-Cola is expected to report its fourth-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 44 cents expected Revenue: $8.9 billion
A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images Boeing is set to report fourth quarter earnings before the bell Wednesday. Here’s what Wall Street is expecting: EPS: $1.47 according to Refinitiv analyst estimates Revenue: $21.67 billion according to Refinitiv analyst estimates. Boeing is struggling through
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook is set to report
General Electric delivered fourth-quarter earnings on Wednesday that topped analyst expectations and gave a better than anticipated cash flow forecast that signaled the troubled conglomerate could be turning around. Shares of GE rose as much as 5% in premarket trading from its previous close of $11.73. “The fourth quarter marked a strong close to the year
Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | Getty Images Apple stock is heading into 2020 with a strong rally. Shares are up more than 7% this year and more than 100% since reporting
Apple CEO Tim Cook visits an Apple store in Shanghai, China. Aly Song | Reuters Apple is set to report fiscal first-quarter results on Tuesday after the closing bell, and it’s a critical report for the company. Apple’s fiscal first quarter covers the holiday shopping season and is the company’s biggest quarter in terms of
Franco-Italian chipmaker STMicroelectronics’ fourth-quarter results beat analysts’ estimates on Thursday as demand for chips dedicated to the next generation of smartphones and low-emission cars helped offset a slowdown in more traditional products. STMicro’s results reflect a wider industry move towards more sophisticated semiconductors within the telecoms, auto, and manufacturing sectors, as equipment makers gear up
A worker prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas. Jason Janik | Bloomberg | Getty Images Texas Instruments forecast first-quarter revenue above market expectations on Wednesday on signs of stable demand for microchips, indicating that a prolonged slowdown in the semiconductor
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