Oil major Chevron beat market expectations on Friday as profit nudged higher in the first quarter, with earnings from refining compensating for a slide in energy prices and in oil and gas production. Net profit climbed 5% to $6.57 billion or $3.46 per share. That compares with a Wall Street consensus for flat profit at…
A pigeon flies over a Exxon mobil gas station on October 25, 2018 in Gutenberg New Jersey. Kena Betancur | Corbis News | Getty Images Exxon Mobil on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising oil and gas output overcame…
Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming console which hit a record for the financial year. Here’s…
Signage outside the Cloudflare headquarters in San Francisco, California, U.S., on Tuesday, Feb. 8, 2022. Cloudflare Inc. is expected to release earnings figures on Feb. 10. David Paul Morris | Bloomberg | Getty Images Cloudflare shares plunged as much as 25% in after-hours trading Thursday after the internet services and security company reported first-quarter results…
Snap shares dropped as much as 20% after hours on Thursday as the company reported first-quarter results that missed analysts’ expectations on revenue. Here’s how the company did: Earnings per share: 1 cent, adjusted, vs. a loss of 1 cent expected, according to a Refinitiv survey of analysts Revenue: $989 million vs. $1.01 billion expected,…
Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images Amazon is scheduled to report first-quarter earnings after market close…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Facebook parent Meta is scheduled to report first-quarter earnings after the close of regular trading Wednesday. Here’s what analysts are expecting: Earnings: $2.03 per share, according…
Standard Chartered on Wednesday said first-quarter pretax profit jumped 21%, beating analyst estimates, as rising interest rates buoyed cash management income and retail product sales of the emerging markets-focused lender. StanChart, which earns most of its revenue in Asia, said statutory pretax profit for January-March reached $1.81 billion. That compared with $1.49 billion a year…
South Korean chipmaker SK Hynix has reported a record quarterly operating loss of 3.4 trillion won ($2.54 billion) for the first quarter of the year. According to Reuters, this is its largest loss since the SK Group acquired Hynix in 2012. This is a reversal from the 2.84 trillion won operating profit in the same…
WASHINGTON, DC – DECEMBER 11: Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. The committee held a hearing on ‘Transparency & Accountability: Examining Google and its Data Collection, Use and Filtering Practices.” (Photo by Alex Wong/Getty Images) Alex Wong |…
