![]() ![]() Moreover, Google should continue growing revenues and expanding EPS in future years, and the stock is relatively cheap here. Yet, the recent earnings report illustrates Google's resilience and implies that the company should weather the storm better than anticipated. Google's stock is down by about 30% from its ATH this year as concerns of an economic slowdown and a slowdown in ad spending linger. While the company's EPS and revenues came in slightly below forecasts, the general tone of the report was strong. The company named a new CEO and changes to its board.Alphabet ( NASDAQ: GOOG) ( NASDAQ: GOOGL), also known as Google, reported Q2 earnings recently. Union Pacific - The railroad operator's stock popper more than 8% even after revenue fell short of expectations. Thermo Fisher Scientific reported earnings and revenue that fell short of expectations, citing a difficult macro environment. Thermo Fisher Scientific - Shares sank 6.6% in the premarket. The firm also posted revenue of $652.4 million, better than the expected $649.2 million.ĭish Network - Shares of the telecom company jumped more than 9% in premarket trading after Bloomberg News reported that Dish would start selling its wireless service on Amazon this week. The telehealth company reported a narrower-than-expected loss of 40 cents per share compared to a loss of 41 cents per share, according to the consensus estimate from StreetAccount. Teladoc Health - Shares jumped 6% after Teladoc Health beat on the top and bottom lines in its most recent quarter. Free cash flows topped expectation, which the company said it would use to pay down debt. The company topped earnings but fell short on revenue expectations, reporting adjusted earnings per share of 63 cents on $29.92 billion in revenue. The semiconductor stock shared lighter-than-expected guidance for the current period, citing sluggish demand.ĪT&T - AT&T rose 2% after posting its latest quarterly results. Texas Instruments - Texas Instruments fell 4% even after reporting results that surpassed Wall Street's expectations. Wells Fargo also said that its board approved a previously announced dividend hike to 35 cents from 30 cents per share. Wells Fargo - The bank stock added 2.5% after announcing a $30 million share buyback program late Tuesday. The company's results were driven by an uptick in airplane deliveries. Boeing's losses per share also came in lower than expected. Coca-Cola also raised its full-year outlook following the strong report.īoeing - The aircraft manufacturer rose more than 3% after it posted a revenue beat for the second quarter. Its organic revenue increased 11% in the quarter, fueled by higher prices. That beat expectations for a 4-cent loss and revenues of $1.05 billion, per Refinitiv.Ĭoca-Cola - The beverage giant saw shares climb more than 2% in premarket trading after the company reported quarterly earnings and revenue that topped estimates. ![]() Snap topped second-quarter expectations, reporting a narrower-than-expected loss of 2 cent a share on $1.07 billion in revenue. Snap - The Snapchat parent shed more than 18% after issuing weak guidance for the current quarter. Banc of California shares added about 6%. PacWest - Shares of the regional bank stock jumped more than 28% on news that it will be acquired by Banc of California to create a new firm called Pacific Western. Analysts polled by Refinitiv anticipated earnings per share of $2.55 on revenue of $55.47 billion. Microsoft, however, did beat Wall Street's estimates, reporting earnings of $2.69 per share on $56.19 billion in revenue. Microsoft - The software giant lost about 4% after reporting slowing revenue growth within its cloud business during its fiscal fourth quarter and called for lower-than-expected guidance. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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