Air France-KLM said on Friday its 2023 bookings were almost back to pre-pandemic levels as it reported a better-than expected fourth-quarter operating profit with global travel demand seeing a rebound. The airline’s shares rose more than 6% in early trade, hitting their highest since June and outperforming the broader weak stock market. The pan-European Stoxx…
The logo of NatWest, a retail unit of RBS, outside a bank branch in London, U.K., on Tuesday, June 26, 2012. Simon Dawson | Bloomberg | Getty Images NatWest warned on Friday that rising interest rates may not deliver the long-lasting earnings bonanza investors hope for, even though profit jumped by 33% last year. Shares…
The Mercedes star logo is seen in front of the Mercedes-Benz customer center in Sindelfingen, southwestern Germany, on February 13, 2023. Thomas Kienzle | AFP | Getty Images Mercedes-Benz Group on Friday beat analysts’ forecasts with annual earnings of 20.5 billion euros ($21.80 billion), but the premium carmaker warned of lower earnings this year due…
A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Shares of DoorDash jumped as much as 6% in extended trading Thursday after the food delivery company reported better-than-expected sales for the fourth quarter and gave upbeat guidance for the…
Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco shares rose as much as 8% in extended trading on Wednesday after the maker of computer networking ear announced fiscal second-quarter results that topped Wall…
Bloomberg | Bloomberg | Getty Images Shares of Zillow popped more than 3% Wednesday in extended trading after the company released fourth-quarter earnings that beat analysts’ expectations on top and bottom lines. Here’s how the company did: Earnings per share: 21 cents adjusted vs. 7 cents expected by analysts, according to Refinitiv Revenue: $435 million…
A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox popped 24% Wednesday after the company reported fourth-quarter earnings that beat analysts’ expectations on top and bottom lines. Here’s how the…
Heineken, the world’s second-largest brewer, repeated its forecast of a profit increase this year despite weakness in Europe, as it reported a higher-than-expected 2022 profit on the back of a recovery in beer drinking to pre-pandemic levels. The Dutch-based company whose brands include Tiger and Sol said operating profit would grow but at a slower…
Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Shares of Airbnb rose about 9% in extended trading Tuesday after the company released fourth-quarter earnings that beat analysts’ estimates on top and bottom lines. Here’s how the company did: EPS: 48 cents vs. 25 cents expected by analysts, according to Refinitiv. Revenue: $1.90…
A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Shares of Palantir popped more than 14% in extended trading Monday after the company released…
