Royal Caribbean (RCL) reported second-quarter earnings yesterday that featured revenue and profit beats alongside an optimistic view for the road ahead. But, the stock has fallen 6% in the past week. Here are sales and earnings figures for Q2: Adjusted EPS: $3.21 compared to the $2.77 consensus. Revenue: $4.11 billion compared to the $4 [...]
American Airlines (AAL) reported second-quarter earnings that may have outperformed the Wall Street consensus but painted a concerning narrative for the sales strategy the company has gone all in on. Adjusted earnings per share came in at $1.09 per share, narrowly surpassing the analyst consensus of $1.05. However, revenue fell short at $14.33 billion [...]
Tesla (TSLA) reported second-quarter earnings that left investors and the market as a whole disappointed yet again. The company had finally found its footing after a tough start to the year, but the stock slipped back down 10% Wednesday morning. The electric vehicle company posted adjusted earnings of just 52 cents per share, below [...]
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Comcast Corporation (CMCSA) delivered lackluster second-quarter earnings that featured an earnings miss as parks and studios segments underdeliver. The stock has fallen 5% so far today on the news, adding to a concerning trend over the past few months. Earnings were up in the quarter to $1.21 a share, which was well above the [...]
Budget airline Ryanair (RYAAY) reported fiscal first-quarter results Monday morning that have the stock descending lower, continuing the concerning trend investors have been weathering over the past few months. The company is struggling with profitability as fares continue to come down. After-tax profits of 360 million euros ($392 million) represented a 46% dip year [...]
Monday: The week started on a high note with anticipation of potential interest rate cuts this year, leading to gains across major indices. The Dow rose by 0.5%, the S&P 500 by 0.3%, and the Nasdaq by 0.4%. Tuesday: Sentiment was further boosted by strong earnings from Morgan Stanley and UnitedHealth, with the Dow [...]
Written by: Angela Akers Second quarter earnings season began last Friday in typical fashion with JPMorgan Chase, Citigroup and Wells Fargo releasing earnings first. The good news, all beat expectations on both the top and bottom lines. The bad news, net interest income, a measure of lending profits, fell for both Citigroup and Wells [...]
CrowdStrike (CRWD) is known as one of the leading cybersecurity companies in the world, tasked with safeguarding the likes of Microsoft Systems and many other massive businesses. Last night, though, the firm released an update that sent systems down around the world, leading to many flights being grounded. Windows PCs were stuck with the [...]
Domino’s Pizza inc. (DPZ) reported second-quarter earnings early Thursday morning. While the company’s profits surpassed analyst expectations, the focus was on a disappointing revenue miss. As a result, the stock is down more than 12% so far today. Here are the results: EPS: $4.03 per share compared to the $3.68 consensus Revenue: $1.098 billion [...]
