Earnings Miss Estimates

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 - 5 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

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

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 - 5 days 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

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings

Business - Financial Times - 5 days ago

Walgreens says it will close 1,200 stores by 2027, as earnings top estimates

The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.

Business - CNBC - October 15

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

Procter & Gamble said volume fell in its Greater China market despite the earnings beat.

Business - CNBC - October 18

Coca-Cola tops earnings estimates, as higher prices offset sluggish demand

Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.

Business - CNBC - October 23

AutoNation’s stock falls after earnings fall short of estimates

The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.

Business - MarketWatch - October 25

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 - 6 days ago

Coinbase’s stock falls nearly 5% as earnings fall short of estimates

Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.

Business - MarketWatch - 5 days ago

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 - 5 days ago

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 - 5 days ago

Avis’s stock slides after third-quarter earnings fall short of estimates

Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.

Business - MarketWatch - 4 days ago

Exxon beats earnings estimates, increases fourth-quarter dividend

Exxon's stock rose in early trading after beating earnings expectations.

Business - CNBC - 4 days ago

Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates

The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.

Business - The Wall Street Journal - October 24

Chipotle misses revenue estimates as same-store sales growth disappoints

Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.

Business - CNBC - 6 days 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 days ago

UBS has just lowered earnings estimates — and raised its S&P 500 target

UBS on Tuesday issued an unusual pairing, reducing its estimates for earnings growth while at the same time lifting its S&P 500 target for this year and next.

Business - MarketWatch - October 15

United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback

United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.

Business - CNBC - October 16

Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance

Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.

Business - MarketWatch - October 25

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

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 - October 29

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 - 6 days ago