Bud Light, made by Anheuser-Busch. Joe Raedle | Getty Images Anheuser-Busch InBev, the world’s biggest brewing firm, on Tuesday beat expectations for the third quarter, despite an ongoing drag from controversy surrounding its online Bud Light campaign. Revenue rose 5% over the period to $15.57 billion, ahead of a company-compiled forecast of 4.7%. That was despite…
The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England. Matt Cardy | Getty Images News | Getty Images LONDON — Oil major BP on Tuesday reported a steep year-on-year fall in profits, missing analyst estimates. The British energy giant logged underlying replacement cost profit, used as a…
American skateboarding footwear company brand Vans store seen in Hong Kong. Budrul | LightRocket | Getty Images VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious, especially in the United States. Shares were down 4% in extended trading…
A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning Pinterest made its initial public offering, April 18, 2019. Spencer Platt | Getty Images Pinterest reported third-quarter earnings on Monday that beat on the top and bottom lines. The stock jumped more than 11% in extended…
Mailsonpignata / 500Px | 500Px | Getty Images Shares of ON Semiconductor closed down more than 21% Monday after the company’s third-quarter report beat expectations but offered weak guidance for the rest of the year. ON Semiconductor said it expects to report fourth-quarter earnings between $1.13 and $1.27 per share, excluding certain items, which is…
A Chevron gas station on December 05, 2022 in Houston, Texas. Brandon Bell | Getty Images Chevron posted a third-quarter profit that missed Wall Street estimates by a wide margin, sending its share price down in premarket trading. Oil company earnings have slumped from record year-ago levels as crude prices eased and higher costs crimped…
Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel shares rose about 6% in after-hours trading after the company reported third-quarter earnings on Thursday that beat expectations for profit and sales, even as overall revenue declined. Here’s how Intel did versus LSEG…
Andy Jassy, CEO Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Amazon reported third-quarter earnings and revenue on Thursday that sailed past analysts’ estimates. The stock initially popped in extended trading, but then gave up most of its gains. Here are the results:…
Packs of Marlboro cigarettes are displayed at a smoke shop on April 28, 2023 in San Francisco, California. Justin Sullivan | Getty Images Altria Group, the parent company of Philip Morris USA and the nation’s largest tobacco company, reported third-quarter results Thursday that fell short of Wall Street’s expectations as demand for its core cigarette business cools…
TotalEnergies CEO Patrick Pouyanne said the company had allocated nearly one-third of its capital expenditure to low-carbon technologies, with the remainder spent on oil and gas. Picture Alliance | Picture Alliance | Getty Images TotalEnergies on Thursday posted a 35% fall in third quarter adjusted net income from last year’s record high, hurt by a…
