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January 27, 2021
HBO Max activations jumped 100% on a quarter over quarter basis. The U.S. firm reports 800 thousand post-paid phone net adds. AT&T Inc. (NYSE: T) reported its financial results for the fiscal fourth quarter on Wednesday that topped analysts’ estimate for profit and revenue. The company attributed its hawkish performance primarily to robust demand for HBO Max and its post-paid services in recent months. AT&T shares were reported about 2.5% down in premarket trading on Wednesday. Including the ...
January 26, 2021
American Express says its Q4 earnings & revenue came in weaker than last year. The U.S. firm released £81 million of funds it had set aside to cover for bad loans. Shares of the company slid just under 3% in premarket trading on Tuesday. The American Express Company (NYSE: AXP) said on Tuesday that its fourth-quarter earnings and revenue saw a decline on a year over year basis. As per the NYSE-listed company, it released £81 million of funds in Q4 that it had previously set aside to cover for...
January 22, 2021
Abbott Laboratories beats Wall Street estimates in the fourth quarter. The U.S. firm's rapid diagnostics sales jump 333% in fiscal Q4.
January 15, 2021
Ashmore Group reports a 9% growth in assets under management. The British investment manager values AUM at £68.06 billion.
January 14, 2021
IHS Markit reports a 1% annualised decline in its fourth-quarter revenue. The information provider tops analysts' estimates for profit in Q4.
December 19, 2020
The American manufacturer says towables revenue jumped 33.3%. Winnebago is now roughly 20% up year to date in the stock market. Winnebago Industries Inc. (NYSE: WGO) published its earnings report for the fiscal first quarter on Friday that blew past Wall Street estimates for profit and revenue despite the ongoing Coronavirus pandemic that has so far infected more than 17 million people in the United States and caused over 300 thousand deaths. Winnebago shares initially jumped 3% in after-hours ...
December 18, 2020
The multi-brand restaurant operator topped analysts estimates for profit. Darden forecasts up to 70% annualised decline in sales in the fiscal third quarter. Darden Restaurants Inc. (NYSE: DRI) said its profit in the fiscal second quarter topped analysts’ estimates on Friday. Sales at Olive Garden, however, slid more than expected in the recent quarter. In a report published in September, the restaurant operator had reported a hit to its sales in the fiscal first quarter as well. On the intra...