Latest in Cvs Beats Revenue
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CVS beats revenue views, but profit missed due to a $1.1 billion reserve charge
CVS’s stock surges after revenue rose well above expectations, while profit missed because of a large charge premium deficiency reserves charge.Business - MarketWatch - 6 hours ago -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - 6 days ago -
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.Business - MarketWatch - October 15 -
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 - 6 days ago -
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.Business - CNBC - October 15 -
Netflix’s third-quarter revenue and subscriber numbers beat expectations
US streaming service is investing heavily in live sporting events to differentiate from rivalsBusiness - Financial Times - October 17 -
UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.Business - MarketWatch - October 24 -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
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 - October 30 -
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - 5 days ago -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - 5 days ago -
Universal Music Revenue Beats Forecasts Amid Subscriptions Boost
Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.Business - The Wall Street Journal - 5 days ago -
Chevron’s stock climbs after a triple beat of profit, revenue and production
Chevron’s stock rallies after earnings and production beat expectations, and a record amount of cash was returned to shareholders.Business - MarketWatch - 5 days ago -
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.Business - CNBC - October 16 -
Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal
Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.Business - MarketWatch - 5 days ago -
Six Flags’ revenue beats as theme-park operator says consumers flocked to its parks in October
Six Flags Entertainment Corp.’s stock rose 2.9% early Wednesday, after the theme-park operator’s third-quarter revenue beat consensus estimates and it said strong consumer demand continued through ...Business - MarketWatch - 6 hours ago -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
CVS Ousts Karen Lynch as C.E.O. and Shares Fall
Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.Business - The New York Times - October 18 -
This 1 Challenge Will Test New CVS Health CEO David Joyner
The industry-wide rise in health coverage costs makes the company’s Aetna unit the new leader’s most difficult problem.Business - Inc. - October 21 -
Walmart will start delivering prescriptions to customers' doorsteps as CVS and Walgreens struggle
Walmart will start delivering medications in six states, but plans to offer prescription delivery in nearly every state by the end of January.Business - CNBC - October 22 -
Renault Backs Guidance as Revenue Rises
The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.Business - The Wall Street Journal - October 24 -
Safran Upgrades Guidance as Revenue Rises
The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors.Business - The Wall Street Journal - October 25 -
CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer
David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.Business - CNBC - October 18 -
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.Business - MarketWatch - October 18 -
CVS Health CEO Karen Lynch steps down after 19% stock plunge
CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.Top stories - CBS News - October 18 -
CVS workers strike at 7 Southern California stores for better pay and health care
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the companyHealth - ABC News - October 19 -
Cramer's week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS
CNBC's Jim Cramer is eyeing earnings from Berkshire Hathaway, Super Micro, CVS, Ferrari, Arm Holdings, Qualcomm, Palantir and DraftKings.Business - CNBC - 4 days ago -
CVS posts mixed results, holds off on guidance in Joyner's first earnings report as CEO
CVS expects elevated medical costs to continue to pressure its performance this year, "and as a result we are not providing a formal outlook at this time."Business - CNBC - 2 hours ago