Earnings Beats Archives - Page 2 of 23

2 minute read

Reddit Users See An ‘Inverse Moment’ As Shares Pop 14% On Social Media Platform’s Financial Performance

May 8, 3:05 PM

Reddit beat expectations, with revenue of $243 million; ad revenue was up 39%. Analysts are optimistic about its potential for profitability.

RDDT

2 minute read

Stocks Falter As Fed Signals Need For Higher-For-Longer Rates; Uber Crashes, Energy Sector Loses Ground: What’s Driving Wednesday’s Market?

By Piero Cingari

May 8, 1:26 PM

Wednesday witnessed a tempering of the bullish sentiment that had buoyed Wall Street in recent sessions, with major indices showing slight declines around midday trading in New York.

ABNB

2 minute read

PepsiCo Stock In Uptrend With Golden Cross In Sight, Driven By Q1 Earnings Beat

By Surbhi Jain

May 8, 12:03 PM

PepsiCo's stock is currently trading at a premium, its robust dividends provide some downside protection for investors.

PEP

2 minute read

Reddit’s Enhanced Advertising Tools Drive ‘Sizable Upside’: JPMorgan

By Surbhi Jain

May 8, 10:26 AM

Reddit's stock surged 14.82% in pre-market trading on Wednesday after reporting strong Q1 earnings, exceeding expectations and providing upbeat Q2 guidance.

RDDT

1 minute read

These Analysts Boost Their Forecasts On Lyft Following Strong Saales

By Avi Kapoor

May 8, 9:06 AM

Lyft, Inc. (NASDAQ:LYFT) posted stronger-than-expected sales for its first quarter. Lyft reported quarterly losses of 8 cents per…

LYFT

3 minute read

Net Income Dip: Cannabis REIT Chicago Atlantic’s Q1 2024 Financial Results Breakdown

By Patricio Liddle

May 7, 12:18 PM

Get exclusive insights into Chicago Atlantic's Q1 2024 financial performance. Discover key metrics, trends, and management commentary.

REFI

2 minute read

These Analysts Cut Their Forecasts On Sprout Social Following Q1 Results

By Avi Kapoor

May 3, 9:28 AM

Sprout Social (NASDAQ:SPT) reported worse-than-expected first-quarter revenue results on Thursday. Sprout Social posted adjusted earnings of 10 cents…

SPT

1 minute read

Apple, Hershey And 3 Stocks To Watch Heading Into Friday

By Avi Kapoor

May 3, 2:46 AM

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor…

AAPL

2 minute read

Wall Street Inches Up Post Fed; Chipmakers Rebound; Gold, Crude Falter: What’s Driving Market Thursday?

By Piero Cingari

May 2, 1:37 PM

U.S. stock markets surged during Thursday’s midday trading session in New York, with major averages all showing gains.

AAPL

2 minute read

Amazon’s GenAI Could Generate ‘Multi-Billion Revenue Run-Rate’: JPMorgan

By Surbhi Jain

May 1, 9:27 AM

Amazon beats Q1 revenue estimates, driven by strong performance in AWS and international business. JPMorgan analyst sees potential for profit growth through increased margins and GenAI services.

AMZN