Gilead Beats Earnings Expectations After Rocky Quarter
The biotech reported a loss for the quarter of $1.32 per share, better than the FactSet consensus estimate of a loss of $1.49 per share.
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools in particular with U.S. commercial customers. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet. Adjusted operating income was $226 million, well ahead of Palantir’s forecast of $196 million to $200 million.
Prepare yourself for a big shock.
Disney reported its fiscal second quarter earnings before the bell on Tuesday. Here's what to know.
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
The industrial giant has taken the right actions in cutting its dividend and clarifying its legal issues, and it is now fully in restructuring mode.
After a rocky month of April, investor sentiment has improved somewhat. At least in part, this can be attributed to a better-than-expected earnings season. So far, about 80% of the S&P 500-listed companies have reported their Q1 results, and 77% of those have shown a quarterly EPS above the forecasts. Overall, the earnings reported are 7.5% better than the estimates, a beat that’s well above the 6.7% decadal average. Scott Chronert, a U.S. equity strategist at Citigroup, comments on the broader
Datadog earnings and revenue topped Q1 estimates while the software maker's guidance edged by views. But shares tumbled Tuesday.
(Bloomberg) -- David Einhorn put it bluntly: The valuation-be-damned boom in passive investing has “fundamentally broken” markets as it proceeds to crush the time-honored hunt for cheap-looking stocks across Wall Street — year after year. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’Russians Are Coming to Terms With Putin’s War in UkraineAt $2 Million Per Minute, Treasuries Mint Cash Like Never Befo
While a high yield today is great, finding companies that consistently increase dividends can provide greater returns in the long run. These four companies just took steps to reward their shareholders with higher payouts, demonstrating a commitment to ...