Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken (KFC) and Taco Bell restaurant in Lockport, Illinois, U.S., on Tuesday, Feb. 5, 2019. Daniel Acker | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings that fell short of analysts’ expectations. Shares of the company
Earnings
Customers walk past a Coach store at Shanghai New World Daimaru department store on August 12, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Coach handbag maker Tapestry on Thursday became the latest company to forecast a hit to its profit from the coronavirus outbreak in China, warning its sales could
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Twitter reported earnings for its fourth quarter of 2019 Thursday that missed analyst estimates for earnings per share but beat revenue and active user expectations. The stock
Medical staff are seen outside Princess Margaret Hospital in Hong Kong on February 4, 2020. Anthony Wallace | AFP | Getty Images Nike said it’s closed half of its stores in China as the government tries to contain a new virus outbreak there, saying it will have a “material impact” on its operations across the
Merck & Company, Inc., d.b.a. Merck Sharp & Dohme outside the United States and Canada, is an American pharmaceutical company and one of the largest pharmaceutical companies in the world. Igor Golovniov | LightRocket | Getty Images Merck & Co Inc said on Wednesday it was planning to spin off its women’s health, biosimilar drugs
Natalie Behring | Bloomberg | Getty Images Michael Kors owner Capri Holdings cut its forecasts on Wednesday as it warned of a $100 million hit to revenue due to the coronavirus outbreak in China, which has led to 150 store closures and travel restrictions on high-spending tourists. A rapidly growing upper-middle class has made China
Jim Hackett of Ford Motor speaks at an event during the 2018 North American International Auto Show (NAIAS) in Detroit, Michigan, U.S., on Jan. 14, 2018. Andrew Harrer | Bloomberg | Getty Images DEARBORN, Mich. – Ford Motor lost $1.67 billion during the fourth quarter, missing Wall Street earnings expectations, on higher North American warranty
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Getty Images Disney is slated to report its fiscal first-quarter earnings after the closing bell on Tuesday. Here’s what analysts
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, January 24, 2020. Lucas Jackson | Reuters Halfway through earnings season for the fourth quarter of 2019, and it’s been a tale of haves and have-nots. The haves include megacap tech names like Netflix, Intel, Microsoft,
Tesla CEO Elon Musk speaks during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. STR | AFP | Getty Images Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October, and investors eagerly anticipate the company’s fourth quarter results, which it is scheduled to report
A person smokes a Juul Labs Inc. e-cigarette in this arranged photograph taken in the Brooklyn Borough of New York, U.S., on Thursday, Dec. 20, 2018. Altria Group’s plan to take a $12.8 billion stake in Juul Labs could be destroying value, Citigroup analysts write in a note downgrading the stock to a sell from
A reception desk at Amazon offices in downtown Seattle, Washington. Glen Chapman | AFP | Getty Images Amazon‘s advertising segment was just one factor in the company’s blowout fourth quarter, but the company outlined where it sees growth for the high-margin business. Amazon’s “other” category, which is mostly made up of its advertising business, generated
Exxon earned $5.69 billion in the fourth quarter, down from $6 billion in the same period a year ago as lower oil prices continue to pressure profits. Excluding items including a $3.7 billion gain from the Norway divestment, profit for the quarter missed analyst estimates by 2 cents a share. Here’s how the energy giant’s
Chevron posted a $6.6 billion loss in the fourth quarter due to $10.4 billion worth of write-offs related to the company’s shale gas production sites in Appalachia and deep-water projects in the Gulf of Mexico. In December, the company warned that this charge would be between $10 billion and $11 billion. Shares slid more than
Mondelez CEO Dirk Van de Put said on Thursday that he expects first-quarter revenue to be affected by the spread of the coronavirus, which has killed at least 171 people in China and infected more than 8,200 since emerging less than a month ago. The company has already closed two factories near the epicenter of
Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images Amazon’s ongoing effort to get orders to your doorstep more quickly is likely to drag down profit numbers when the company reports fourth-quarter results
Jeff Bezos Matthew Staver | Bloomberg | Getty Images Amazon is set to report fourth-quarter earnings after Thursday’s closing bell. Here are the key numbers: Earnings per share: $4.03 per share, according to analysts surveyed by Refinitiv Revenue: $86.02 billion, per Refinitiv Amazon Web Services: $9.81 billion, according to FactSet Amazon is expected to see
A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019. Temilade Adelaja | Reuters Coca-Cola is expected to report its fourth-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 44 cents expected Revenue: $8.9 billion
General Electric delivered fourth-quarter earnings on Wednesday that topped analyst expectations and gave a better than anticipated cash flow forecast that signaled the troubled conglomerate could be turning around. Shares of GE rose as much as 5% in premarket trading from its previous close of $11.73. “The fourth quarter marked a strong close to the year
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook is set to report
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