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

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  • 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 - October 29

  • 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 - October 29

  • Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year

    Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.
    Business - CNBC - November 19

  • Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

    The pharmaceutical giant also raised its full-year revenue forecast to an increase of roughly 5%.
    Business - CNBC - October 31

  • 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 - October 30

  • Bristol Myers’s stock pops as earnings top estimates and company raises guidance

    The company says it “made important strides in the third quarter.”
    Business - MarketWatch - October 31

  • Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

    The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.
    Business - CNBC - October 31

  • Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance

    Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.
    Business - MarketWatch - October 31

  • Comcast tops earnings estimates as Olympics propel the company

    Comcast beat third-quarter earnings estimates as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count.
    Business - CNBC - October 31

  • Palo Alto Networks Full-Year Guidance Disappoints; Shares Slip

    Palo Alto Networks raised its outlook for the year and said revenue climbed in its fiscal first quarter fueled by further subscription growth.
    Tech - The Wall Street Journal - 6 days ago

  • Lowe’s CEO confident in retailer’s ability to manage Trump tariffs after earnings beat

    “We feel good about the processes and the systems we put in place since the first Trump administration, to manage tariffs,” said Lowe’s CEO Marvin R. Ellison
    Business - MarketWatch - November 19

  • Deere’s earnings tumble but still blow past estimates as company offers soft guidance on weak demand

    Deere & Co.’s stock rose 0.6% early Thursday, after the maker of agricultural and construction equipment blew past earnings for its fiscal fourth quarter, overshadowing soft guidance for fiscal 2025.
    Business - MarketWatch - 5 days ago
  • Pfizer’s guidance bump will not heal deeper wounds

    Pfizer’s guidance bump will not heal deeper wounds

    Starboard is right to take drugmaker to task for bingeing on overpriced deals
    Business - Financial Times - October 29

  • 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 - October 30

  • 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 - October 30

  • Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

    KFC and Pizza Hut both reported steeper-than-expected declines in their same-store sales.
    Business - CNBC - November 5

  • 15 stocks — including Palantir and Nvidia — whose sales estimates have risen the most this earnings season

    Other companies whose consensus 2025 revenue estimates have increased the most include BlackRock and Coterra Energy.
    Business - MarketWatch - 17 hours ago

  • Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

    Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.
    Business - CNBC - October 31

  • Novo Nordisk shares jump 8% after Wegovy sales beat expectations

    Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.
    Business - CNBC - November 6
  • Intuit Maintains Full Year Guidance; CEO Says Trump Administration Won't Build Tax-Filing App

    Intuit Maintains Full Year Guidance; CEO Says Trump Administration Won't Build Tax-Filing App

    President-elect Donald Trump’s incoming administration doesn’t “want to add to the bureaucracy and they don’t want to add investments to create something…that already exists,” said Chief Executive ...
    Business - The Wall Street Journal - 5 days ago

  • Samsung falls short of expectations as chipmaker fails to reap AI benefits

    Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix
    World - Financial Times - October 31

  • Donald Trump and the autocrats' playbook

    ‘This is a man who should be nowhere near power’
    World - Financial Times - October 31

  • UK Labour’s Budget borrows big, taxes more

    Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing
    World - Financial Times - October 31

  • Bank of Japan holds rates but signals normalisation still on track

    Political uncertainty following election upset raises risks of abrupt policy shifts, warn analysts
    World - Financial Times - October 31

  • FirstFT: US consumers continue to spend, spend, spend

    Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result
    World - Financial Times - October 31

  • Making sense of sentiment

    And Trump equity trades
    World - Financial Times - October 31

  • Stellantis hit by sales slide in US and Europe

    Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory
    World - Financial Times - October 31

  • Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO

    Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.
    Business - MarketWatch - October 31

  • 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 - October 30

  • Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

    Best Buy is waiting for a wave of shoppers to replace old devices and upgrade to new, higher-tech ones after an approximately two-year sales slump.
    Business - CNBC - 7 hours ago
  • How are investors preparing for the Budget?

    How are investors preparing for the Budget?

    Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generation
    Business - Financial Times - October 29

  • AppLovin, top tech stock of the year, soars another 46% on earnings beat

    AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.
    Business - CNBC - November 7

  • McDonald’s earnings: Weaker demand, E. coli outbreak in focus — but sales seen at highest in years

    As McDonald’s readies its third-quarter earnings report Tuesday, Wall Street is focused on demand from lower-income diners, as well as a recent E. coli outbreak.
    Business - MarketWatch - October 28
  • AP Top 25: TCU earns best ranking in 16 years in women's basketball poll as top 12 remain unchanged

    AP Top 25: TCU earns best ranking in 16 years in women's basketball poll as top 12 remain unchanged

    TCU has entered The Associated Press Top 25 women's basketball poll at No. 19, the school's best ranking in 16 years
    Sports - ABC News - November 18

  • Sony raises guidance on gaming strength, quarterly operating profit beats estimates

    Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.
    Business - CNBC - November 8
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  • Pfizer Tops Earnings
  • Tops Earnings Estimates
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