The company reported adjusted earnings of $1.62, which missed analyst expectations of $1.73 for the quarter.
Schlagwort-Archiv: CNBC
American Airlines ekes out a first-quarter profit as carrier ramps up flying
For the second quarter of the year, American forecast adjusted per-share earnings at the high-end of analysts‘ expectations
Comcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations, despite a tough comparison to last year, when NBC aired both the Super Bowl and Beijing Olympics during the first quarter.
Merck results beat expectations despite a big drop in sales of Covid antiviral treatment
Despite the drop in molnupiravir sales, Merck’s revenue and adjusted earnings for the first quarter beat Wall Street’s expectations.
Stocks making the biggest moves premarket: Activision Blizzard, Chipotle, First Republic Bank & more
First Republic Bank shares dropped, fueling its potential to again weigh on the broader banking sector. Other regional bank stocks rose before the bell.
Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard
Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard.
Bankers’ pitch to save First Republic: Help us now, or pay more later when it fails
The potential First Republic rescue plan is the latest twist in a saga sparked by the sudden collapse of Silicon Valley Bank last month.
‚Easy money is behind us, the hard money is now,‘ Stifel’s chief strategist warns
Stock pickers may have a clear edge over passive investors. According to Stifel’s Barry Bannister, the market is on a road to nowhere until 2031.
Stocks making the biggest moves after hours: Enphase Energy, PacWest Bancorp, Chipotle, Microsoft and more
These are the stocks posting the largest moves in extended trading.
Meta set to report first-quarter earnings after the bell
Meta will report its first-quarter earnings on Wednesday as the company is in the midst of a wave of cost-cutting efforts.