Tag: Earnings estimates
Zoom’s boom continues in 1Q, raising post-pandemic hopes
SAN RAMON, Calif. — Zoom is still booming, raising prospects that the video-conferencing service will be able to sustain its momentum, even as the...
Alibaba records first quarterly operating loss since IPO
HONG KONG — Alibaba had its first quarterly operating loss since it went public in 2014 after Beijing slapped a record $2.8 billion fine...
Streaming revenue boosts ViacomCBS Q1 results
ViacomCBS's first-quarter net income beat expectations on strong streaming revenue during a quarter when the company aired the Super Bowl and introduced its rebranded...
Strong sales from Tapestry, Lee maker show clothing rebound
Strong sales results from Coach's parent as well as from the maker of Wrangler and Lee jeans offer the latest evidence that shoppers' spending...
CVS ups outlook after a slow start to the year
The Associated Press — CVS Health beat Wall Street expectations and after releasing projections earlier this year that disappointed analysts, a new outlook Tuesday...
Amazon’s profit more than triples as pandemic boom continues
NEW YORK — Amazon’s pandemic boom isn’t showing signs of slowing down.
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Twitter post solid Q1 results but outlook sinks stock
Like its bigger tech peers, Twitter posted stronger-than-expected results for the first quarter on Thursday. But its lukewarm outlook sent shares tumbling after hours....
Norfolk Southern’s Q1 profit improves as economy recovers
OMAHA, Neb. — Norfolk Southern's profit improved in the first quarter as the railroad hauled 3% more freight while the economy continued to recover...
Slipping COVID-19 treatment demand hits Eli Lilly forecast
INDIANAPOLIS — Eli Lilly fell well short of Wall Street’s first-quarter expectations, and the drugmaker chopped the top end of its earnings forecast due...
Union Pacific profit down 9% but economy will grow in 2021
OMAHA, Neb. — Union Pacific's first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell, but it said the economy...