Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations

Carvana said its adjusted EBITDA would be "significantly above the high end" of its previous target of $1 billion to $1.2 billion.

Business - CNBC - 6 hours ago

GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance

GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.

Business - CNBC - October 22

Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations

Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectations

Business - CNBC - Yesterday

Biogen’s stock hit by soft sales of Alzheimer’s treatment

“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.

Business - MarketWatch - 11 hours ago

Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves

The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.

Business - CNBC - October 15

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - 6 days ago

Entain Raises Full-Year Guidance After Results Exceed Expectations

Ladbrokes owner Entain raised its full-year guidance and reported third-quarter results that exceeded its own expectations, helped by growth in the U.S.

Business - The Wall Street Journal - October 17

Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook

Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.

Business - MarketWatch - October 16

New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion

Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.

Business - CNBC - October 23

Q3 2024 KeyCorp Earnings Call

Sports - Yahoo Sports - October 18

McDonald's surpasses earnings expectations in Q3 report

Fast food giant McDonald's reported its third quarter results Tuesday morning with revenue beating Wall Street's expectations at around $6.9 billion. CBS MoneyWatch correspondent Kelly O'Grady has ...

Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise

Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.

Business - MarketWatch - October 15

Pfizer’s earnings crush estimates as company raises guidance

Drug company Pfizer saw strong growth for its heart-disease drugs and migraine treatment.

Business - MarketWatch - Yesterday

Adidas Raises Guidance on Better-Than-Expected Results

The German sportswear company cited better-than-expected results for the third quarter and brand momentum.

Business - The Wall Street Journal - October 15

Top Wall Street analysts are upbeat on these dividend stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback Energy

Business - CNBC - 3 days ago

Q3 2024 Webster Financial Corp Earnings Call

Sports - Yahoo Sports - October 18

Alphabet shares rise on earnings beats boosted by cloud revenue

Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.

Business - CNBC - 12 hours ago

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - 5 hours ago

McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates

McDonald’s is encouraged by signs of progress in the third quarter.

Business - MarketWatch - Yesterday

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

Robinhood earnings disappoint Wall Street despite company’s upward trajectory

The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.

Business - MarketWatch - 3 hours ago

Netflix adds 5 million subscribers and beats Wall Street's profit expectations

Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.

Entertainment - Los Angeles Times - October 17

Dassault Systemes Cuts Guidance After Earnings Disappoint

The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.

Business - The Wall Street Journal - 6 days ago

Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.

Business - CNBC - 4 hours ago

Norfolk Southern tops Q3 expectations with boost from insurance, rail sales

Railroad Norfolk Southern’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and ...

Top Wall Street analysts like these stocks for their growth prospects

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia and Fortinet.

Business - CNBC - October 20

Telia Raises Guidance After Key Metric Profit Beat

The Swedish telecommunications operator said it expected stronger growth momentum in the fourth quarter of the year and raised its guidance as it reported a slight beat on adjusted underlying ...

Business - The Wall Street Journal - 6 days ago

Starbucks scraps 2025 guidance after fall in sales and earnings

New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth

Business - Financial Times - October 22

Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%

Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.

Business - CNBC - October 17

Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction

Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.

Business - CNBC - 14 hours ago

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales

It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.

Business - CNBC - Yesterday

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Business - MarketWatch - Yesterday

Bank of America tops estimates on better-than-expected trading revenue

Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.

Business - CNBC - October 15

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