Coke’s net sales dropped 5% to $8.6 billion in the fourth quarter, missing expectations of $8.63 billion.
Schlagwort-Archiv: Financial
GM warns chip shortage could cut 2021 earnings by up to $2 billion
The automaker reported pretax adjusted earnings of $5.3 billion for the third quarter, while advising the fourth quarter would be weaker due to seasonality.
Under Armour shares rise as retailer reports surprise profit for holiday quarter
Under Armour on Wednesday reported a surprise profit for the holiday quarter as sales were boosted by strong digital growth.
Twitter is ‚bigger than any one account,‘ says Dorsey in first earnings call after Trump ban
Twitter’s stock was up slightly in after-hours trading on Tuesday after it reported fourth-quarter earnings, beating earnings and revenue expectations.
Lyft stock rises more than 10% after company reports signs of pandemic recovery
Lyft reported fourth-quarter losses of $458.2 million for the fourth quarter of 2020.
Robinhood sued by family of 20-year-old trader who killed himself after believing he racked up huge losses
Robinhood’s „reckless conduct directly and proximately caused the death of one of its victims,“ the complaint said.
U.S. stock futures rise following Wall Street’s best week since November
The Dow is also on its longest daily winning streak since August, while the Nasdaq Composite registered its fourth positive session in five on Friday.
Ford boosts investment in electric and autonomous vehicles to $29 billion through 2025
Ford CFO John Lawler said the company is forecasting it will earn between $8 billion and $9 billion in adjusted pretax profits this year.
Peloton quarterly sales top $1 billion, but shares fall as cycle maker steps up further supply chain investments
Peloton reported quarterly sales growth of 128%, marking its first billion-dollar quarter, as the momentum keeps climbing for the fitness equipment maker.
Snap beats expectations but stock falls on light Q1 forecast
Snap’s stock fell in after-hours trading on Thursday after the company reported its fourth-quarter earnings despite beating Wall Street’s expectations.