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Tag: Earnings surprises

Business

Lufthansa aims for higher capacity after turning to profit in 2022

Drathby DrathMarch 3, 20230

Deutsche Lufthansa AG LHA, +5.44% it is working to expand capacity after reporting a profit in the fourth quarter and through 2022 as it expects …

Business

Zscaler shares fall more than 10% on rising outlook and job cuts

Drathby DrathMarch 2, 20230

Zscaler Inc. shares fell in Thursday’s extended session after the cybersecurity firm raised its revenue forecast for the year by announcing layoffs. Zscaler ZS, +4.43% …

Business

Silvergate shares tumble as crypto bank warns it could fail

Drathby DrathMarch 2, 20230

Shares of Silvergate Capital Corp. lost more than 40% of their value Thursday after the company delayed its financial statements and said it was evaluating …

Business

Workday promises to return to more than 20% subscription growth after offering conservative forecasts

Drathby DrathFebruary 28, 20230

Shares of Workday Inc. fluctuated in the extended session Monday after the cloud HR software company said it was still on track for growth goals …

Business

Deere crushed earnings and shares soared. Here’s what Wall Street thinks.

Drathby DrathFebruary 21, 20230

Text size Deere said its order book is full and dealers are unlikely to be able to replenish their inventories this year. Justin Sullivan/Getty Images …

Business

DraftKings shares gain on record revenue and increased 2023 guidance

Drathby DrathFebruary 16, 20230

DraftKings Inc. made $800 million in fourth quarter revenue, a new record just one quarter after surpassing $500 million for the first time, as the …

Business

Paramount posts a big miss on earnings. The stock is falling.

Drathby DrathFebruary 16, 20230

Text size Paramount reported revenue that slightly fell short of expectations. Time to dream Global Paramount The stock fell sharply on Thursday after the media …

Business

Paramount’s earnings decline on higher streaming and cinematic expenses

Drathby DrathFebruary 16, 20230

Paramount Global PARA 9.31% it reported lower fourth-quarter earnings as losses mounted in its streaming business and rising film costs impacted earnings. The New York-based …

Business

Airbnb shares soar after the company reports a profitable first year and a strong forecast

Drathby DrathFebruary 14, 20230

Airbnb Inc. reported record fourth-quarter revenue and profit on Tuesday to head into its first profitable year, and executives provided a first-quarter forecast that beat …

Business

AppLovin’s stock is preparing to recoup more than $1 billion of its vanished valuation after strong forecasts

Drathby DrathFebruary 9, 20230

AppLovin Corp. was set to recoup more than $1 billion of its plummeting valuation after a strong forecast in a questionable mobile ad market Wednesday. …

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