Earnings Beat

Chipotle’s Stock Sizzles: Hits Record High After Stellar Q1 Earnings, Charts Indicate Further Bullish Momentum

April 26, 2024 author

Chipotle Mexican Grill, Inc. (NYSE:CMG) stock just recorded a new all-time high of $3,199.99 during trading on April 26. Stellar Q1 Earnings Wins Praise From Jim Cramer The stock has positive momentum since the end of October 2023. Over the past six months, Chipotle stock was up over 75%. It kept momentum into 2024 with […]

Earnings Beat

Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What’s Driving Markets Friday?

April 26, 2024 author

Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that had emerged from Thursday’s data. Although the latest PCE inflation report signaled higher-than-expected annual readings, they failed to meaningfully impact on already low expectations for Fed rate cuts. […]

Earnings Beat

FirstEnergy Q1 Earnings Beat Estimates, Revenues Lag

April 26, 2024 author

FirstEnergy (NYSE: FE) reported first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 53 cents by 3.8%. However, the bottom line decreased 8.3% from the year-ago quarter’s figure of 60 cents. Total Revenues Operating revenues of $3.29 billion missed the Zacks Consensus Estimate of $3.36 billion by 2.04%. […]

Earnings Beat

Google ‘Copy Pasted What META Did Last Quarter,’ Redditor On Q1 Earnings

April 26, 2024 author

Google’s parent company, Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), made waves in the stock market with a more than 10% surge in after-hours trading on Thursday, and an 11.95% surge in pre-market trading on Friday. The announcement of its first-ever dividend and a $70 billion buyback program fueled the enthusiasm. Google’s Q1 Earnings Smashed Estimates The rally […]

Earnings Beat

Meta’s Q1 Earnings: Most Analysts Support AI Strategy, While One Says ‘Use Meta As A Source Of Funds,’ Questions Its Long-Term Value

April 25, 2024 author

Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates. Despite this positive revenue performance, Meta Platforms’ shares declined by 15% in after-market trading due to lower-than-expected revenue in the first quarter and a slightly disappointing outlook for the second quarter, coupled with increased expenses and […]

Earnings Beat

Capcom Raises Earnings Outlook Thanks To Dragon’s Dogma 2, Street Fighter 6

April 25, 2024 author

Capcom ADR (OTC:CCOEY) announced a revised full-year consolidated earnings forecast, anticipating a boost from Dragon’s Dogma 2 and Street Fighter 6. For the fiscal year ending March 31, the company raised the net income forecast from ¥40 million ($300,000) to ¥43.3 million ($320,000). The dividend forecast stands at ¥70 ($525) per share for the same […]

Earnings Beat

AT&T Q1 Earnings Beat Estimates, Revenues Remain Flat Y/Y

April 24, 2024 author

AT&T Inc. (NYSE: T) reported modest first-quarter 2024 results, as solid wireless traction and customer additions were partially offset by lower demand for legacy voice and data services. The company recorded strong subscriber growth backed by a resilient business model and robust cash flow position, driven by a diligent execution of operational plans. AT&T expects […]

Earnings Beat

Does Boeing’s Q1 Earnings Beat Offer A Buy-The-Dip Opportunity While Investors Stay Bearish?

April 24, 2024 author

Boeing Co (NYSE:BA) is currently a mixed bag. The Arlington County, Virginia-based company reported better-than-feared quarterly results and noted stabilization in its 737 Max supply chain, despite outrage and potential lawsuits over two tragic crashes. Outgoing CEO Dave Calhoun continues to tout safety and quality initiatives, with the goal of providing some assurance towards Boeing’s […]

Earnings Beat

Capital City Bank Q1 Earnings Beat Estimates

April 22, 2024 author

Capital City Bank (NASDAQ: CCBG) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.71%. A quarter ago, it was […]

Earnings Beat

Netflix Stock Tumbles: Analyst Says Streaming Giant ‘Doing Everything Right’ But Growth Factor Doesn’t Meet ‘Hurdle For True Tech Company’

April 19, 2024 author

Shares of Netflix, Inc. (NASDAQ:NFLX) fell sharply in after-hours trading on Thursday following its first-quarter earnings release. Fund manager Gary Black and tech venture capitalist Gene Munster weighed in with their takes on the report. The company reported first-quarter earnings, revenue, and subscriber numbers that all beat estimates. However, it cautioned that subscriber numbers could decline sequentially in the second quarter due to seasonality, and also issued below-consensus […]

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