Amazon Q1 Earnings Highlights: Revenue Beat, EPS Beat, AWS Hits $100-Billion Annual Run Rate And More
Amazon.com reported first-quarter financial results Tuesday. A look at the key highlights and breakdowns of AWS, Prime Video and more.
Goldman Scrutinizes Hits, Misses, And Growth Trajectory Concerns For Eli Lilly And Its Its Obesity and Diabetes Drugs
Eli Lilly boosts production for obesity and diabetes drugs, reports mixed Q1 results. Expectations for supply growth in 2024 outlined. Insights into payor access and reimbursement strategies discussed.
Why Chegg Shares Are Plummeting Today
Chegg shares drop as analysts cut price target after Q1 results and weak Q2 revenue guidance, new CEO appointed.
Penske Automotive Reports Slight Revenue Uptick, CEO Touts ‘Recovery Across Used Vehicles’
Penske Automotive Group (NYSE: PAG) sees stock dip as Q1 earnings miss estimates, impacted by higher interest costs and lower equity earnings.
Gold Down Over 2%; 3M Profit Beats Expectations
U.S. stocks traded lower toward the end of trading, with the Dow Jones falling around 1% on Tuesday.…
American Electric Power Reports Q1 Revenue Miss, Plans $27B Investment To ‘Enhance Resiliency’
American Electric Power closed the sale of its New Mexico solar assets in February.
Martin Marietta Reports Decline In Q1 Earnings Despite Strong Divestiture Gains
Martin Marietta Materials Inc (MLM) reported Q1 revenue decline of 7.6% Y/Y, EPS of $16.87. Adjusted EBITDA declined 10.2%. Share price down 2.72%.
What’s Going On With Dana Shares After Reporting Q1 Results?
Dana reported Q1 sales beat, affirming FY24 guidance amid efficiency gains. Company-wide efficiency improvements continue to offset the margin impact of inflation and spending on development for electric-vehicle products, Dana said.
Apple’s Glass Supplier Corning Outperforms in Tough Market, Eyes $3B Sales Boost in Three Years
Corning Inc reported Q1 2024 core sales decline of 3% YoY to $3.26B, beating consensus of $3.12B. Core EPS of $0.38 also beat consensus of $0.35.
Sensata Analysts Boost Their Forecasts After Upbeat Earnings
Sensata Technologies Holding plc (NYSE:ST) reported stronger-than-expected results for its first quarter on Monday. Sensata posted adjusted earnings…