Papa John’s International Inc. signage is displayed on top of a delivery vehicle outside of the company’s restaurant in Nashville, Tennessee. Luke Sharrett | Bloomberg | Getty Images Papa John’s stock jumped 5% in premarket trading after announcing an executive reshuffle and quarterly revenue that topped Wall Street’s estimates. Same-store sales in North America turned
Earnings
Occidental Petroleum Jay L. Clendenin | Los Angeles Times | Getty Images Occidental Petroleum said on Monday it would slash spending on big projects by 40% next year, as it missed earnings estimates in its first results after closing its $38 billion purchase of rival Anadarko Petroleum. Analysts and activist investors have been pushing the
Peloton CEO John Foley, center, celebrates his company’s IPO at the Nasdaq MarketSite, Thursday, Sept. 26, 2019 in New York. Mark Lennihan | AP Peloton Interactive reports earnings for the first time since going public before the bell Tuesday. The company, which sells connected fitness equipment and subscriptions to stream its workout classes, made its
Kate Spade bags on sale at Macy’s in New York. Scott Mlyn | CNBC The owner of the Kate Spade and Coach handbag brands on Tuesday reported quarterly earnings that beat Street estimates, but sales missed expectations due to weakness at Kate Spade. Tapestry also gave a fresh outlook for fiscal 2020. The company said
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | The India Today Group | Getty Images Berkshire Hathaway on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett’s inability to
Kevin Plank, CEO of Under Armour. Adam Jeffery | CNBC Under Armour is set to report third-quarter earnings before the market open on Monday. Here’s what analysts are expecting, based on Refinitiv estimates: Earnings per share: 18 cents expected Revenue: $1.41 billion expected Over the weekend, The Wall Street Journal reported that Under Armour was facing
Facebook stock rose in after-hours trading after the company posted third-quarter earnings that exceeded analysts expectations. Here’s are the key numbers for the quarter ended Sept. 30: Earnings: $2.12 vs. $1.91 per share forecast by Refinitiv. Revenue: $17.65 billion vs. $17.37 billion forecast by Refinitiv. Daily active users: 1.62 billion vs. 1.61 billion forecast by
Ben Silbermann, co-founder, chairman and CEO of Pinterest, speaks in front of the company’s logo at the New York Stock Exchange (NYSE), during the company’s IPO on April 18, 2019 in New York City. Johannes Eisele | AFP | Getty Images Pinterest shares dropped 20% in extended trading Thursday after the image-sharing site reported disappointing
Exxon Mobil reported a 49% decline in third-quarter earnings on lower oil prices and higher costs. The results, however, did slightly top Wall Street expectations and the shares were a bit higher in early trading. Exxon earned $3.2 billion in the third quarter, down from $6.2 billion in the same period a year ago. Here’s
Chevron reported a 36% decline in third-quarter earnings as lower oil and natural gas prices offset an increase in production. Chevron earned $2.6 billion in the third quarter, down from $4 billion a year earlier. Both EPS and revenue missed the Street’s expectations. The stock was about 1% lower in early trading. Chevron said that
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks will report earnings after the bell Wednesday. The coffee chain’s stock, valued at $100 billion, is up 29% so far this year. Here’s what analysts surveyed by Refinitiv are expecting: Earnings per share: 70 cents expected Revenue: $6.68 billion expected Global same-store sales: 3.95% Investors will be
Carl Court | AFP | Getty Images Oil giant Royal Dutch Shell reported a 15% fall in third-quarter net profit on Thursday, citing lower energy prices and chemicals margins. Net income attributable to shareholders on a current cost of supplies (CCS) basis, used as a proxy for net profit, and excluding identified items, came in
A Dunkin’ location in Brooklyn, New York. Scott Mlyn | CNBC Dunkin’ Brands Group Inc reported lower-than-expected quarterly same-store sales in its namesake donut and coffee chain on Thursday, as it struggled to attract diners in a crowded breakfast and coffee market in the United States. However, the company raised its full-year earnings per share estimates
Lyft on Wednesday released its earnings report for the third quarter, where it beat on both the top and bottom lines, as well as raised its revenue guidance for 2019. The stock fluctuated following the report and was up 1.4% in extended trading. Here are the key numbers: Loss per share: $1.57 vs. $1.66, per
Apple reported fourth-quarter earnings that beat analyst expectations on Wednesday, thanks to strong performance in services and its fast-growing wearables business. Although Apple’s iPhone’s business was down 9% year-over-year, the company signaled that it expected a big holiday quarter, and Apple stock rose over 1% in after-hours trading Here’s how the company did compared with
A customer rides his bike in front of a Taco Bell restaurant in Novato, California. Justin Sullivan | Getty Images Taco Bell’s parent company Yum Brands reported quarterly earnings on Wednesday that fell short of analysts’ expectations. Shares of the company were flat in premarket trading. Here’s what the company reported compared with what Wall
General Motors on Tuesday beat Wall Street expectations for the third quarter but lowered its guidance for the year due to the United Auto Workers’ 40-day strike against the automaker. Share prices were up 4.5% in afternoon trading. GM said the cost of the strike is expected to be $3.8 billion to $4 billion for the
Tim Cook announces iPhone 11. Source: Apple Apple’s earnings on Wednesday will provide some early insight into how the company’s new iPhones are selling as investors watch the forecast for its all-important holiday season. Apple released three iPhone 11 models on Sept. 20. Apple’s fiscal fourth quarter ended on Sept. 30, so Wednesday’s earnings report
UAW members on strike outside a GM plant in Flint Michigan on Sept. 16th, 2019. Michael Wayland | CNBC DETROIT – A 40-day strike by the United Auto Workers union against General Motors cost the automaker about $3.8 billion for the year, significantly higher than previously estimated by Wall Street. After accounting for interest and taxes,
A pedestrian passes in front of a Walgreens Boots Alliance Inc. store in the Hollywood neighborhood of Los Angeles, California. Christopher Lee | Bloomberg | Getty Images Walgreens Boots Alliance‘s fiscal fourth-quarter profit slid 55% as the company spent more to shutter unprofitable locations and scaled back its tobacco sales. Still, the drop in its