Latest in Spending Estimate Ticks
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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 -
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 -
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 -
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 -
Yum Brands’ earnings fall short of estimates as Pizza Hut parent says consumers are still pressured
Only Taco Bell managed same-store sales gains.Business - MarketWatch - November 5 -
Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
Despite the lower takings, Toyota had raised its interim and full year dividend forecastBusiness - CNBC - November 6 -
Maurizio Cattelan’s duct-taped ‘banana’ artwork estimated to fetch up to US$1.5m at New York auction
The viral artwork, involving a banana stuck to a wall, is once again in the spotlight, as Sotheby’s prepares to auction it for an eye-watering sum. Italian artist Maurizio Cattelan ’s notorious ...World - The Guardian - November 7 -
Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer
Pizza chain says it’s still operating in a challenging consumer environment.Business - MarketWatch - November 7 -
Paramount’s earnings lag estimates as streaming gains are offset by weak film and TV revenue
The company still expects to close its merger with Skydance, the studio run by David Ellison, in the first half of 2025.Business - MarketWatch - November 8 -
More companies than usual are downbeat on the end of the year — but Wall Street’s profit estimates are still strong
As Wall Street’s attention turns to the final three months of the year, more companies are downbeat, even as analysts remain upbeat about profit growth.Business - MarketWatch - November 10 -
Home Depot earnings sweep past estimates, but interest rates pressure home remodeling
Home Depot executives discussed the impact of President-elect Donald Trump’s proposal to impose new tariffs.Business - MarketWatch - November 12 -
Disney Q4 bolstered by strong results from streaming, 'Inside Out 2' and 'Deadpool & Wolverine'
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”Tech - ABC News - November 14 -
Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming service
Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming serviceTech - ABC News - November 14 -
Bills' new stadium costs balloon to $2.1 billion, $560 million over initial estimate, team tells AP
The projected cost of the Buffalo Bills' new stadium has ballooned to what team officials told The Associated Press is “north of $2_1 billion.”Sports - ABC News - November 15 -
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. EllisonBusiness - 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 - 6 days ago -
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 - Yesterday -
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.Business - CNBC - Yesterday -
When will Trump and congressional Republicans end the $7,500 EV tax credit? One estimate says Jan. 1, 2026.
It could be the end of the road soon for a key tax credit that provides up to $7,500 to buyers of electric vehicles — and one forecasting firm is offering an estimate for when it might run out.Business - MarketWatch - Yesterday -
Why a Climate Nonprofit Plans to Spend $250 Million on Electric Semi Trucks
Climate United has a three-year plan to lease electric trucks and cut emissions at California ports to meet a 2035 zero-emissions deadline.Business - Inc. - October 29 -
Steve Bannon says spending four months in prison 'empowered' him
Steve Bannon, the right-wing podcast host and former Donald Trump campaign official, held a press conference following his release from prison. Bannon claimed he had been "a political prisoner" ...Politics - NBC News - October 29 -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - October 29