Earnings

Uber revenue beats expectations and the stock is up

Shares of Uber popped 8% in premarket trading Tuesday after the company reported first-quarter results that beat analysts’ expectations for revenue. Here’s how the company did: Loss per share: 8 cent loss vs 9 cent loss expected by analysts, according to Refinitiv. Revenue: $8.82 billion vs. $8.72 billion expected by analysts, according to Refinitiv. related investing news Revenue…

Earnings

Snap plunges on first-quarter revenue miss

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,…

Earnings

Meta set to report first-quarter earnings after the bell

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…

Earnings

Standard Chartered’s first-quarter profit rises 21% as interest rates soar

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…