Shares and Indices

Shares and Indices

Intuit financial results are out

Business software company Intuit Inc. (NASDAQ: INTU) reported Q2 of fiscal 2024 earnings results after the market closed in the US on Thursday. The company achieved revenue that was in line with analyst estimates at $3.386 billion. Revenue increased by 11% year-over-year. Earnings per share topped Wall Street estimates at $2.63 (up by 20% yea...

February 23, 2024
Read More >
NVIDIA tops Wall Street expectations – the stock is rising in the after-hours

NVIDIA Corporation (NASDAQ: NVDA) recently briefly overtook Amazon.com Inc. (NASDAQ: AMZN) and Alphabet Inc. (NASDAQ: GOOGL) as the fourth largest company in the world after the share price rose to a new all-time high of $746.11 on 14/2/24. Since then, the share price has fallen by over 9%, pushing the company back to sixth place. On Wednesday, ...

February 22, 2024
Read More >
Analog Devices beats estimates – the stock is up

American Semiconductor manufacturing company Analog Devices Inc. (NASDAQ: ADI) released fiscal first quarter 2024 financial results before the US market open on Wednesday. The company topped analyst estimates for both revenue and earnings per share (EPS) for the second quarter in a row. Analog achieved revenue of $2.513 billion for the quarte...

February 22, 2024
Read More >
NVDA earnings preview – AI mania put to the test

The most anticipated US earnings announcement is coming up with NVDA due to report fiscal Quarter ending Jan 2024 earnings after the Wednesday US market close. NVDA has seen a meteoric rise, quintupling in 2023 and up more than 40% so far in 2024, being the number one stock riding AI mania, making this earnings report one that all investors will be...

February 21, 2024
Read More >
Walmart stock gains after better-than-expected earnings report

Walmart Inc. (NYSE: WMT) announced the latest financial results before the US market open on Tuesday. World’s largest supermarket chain achieved revenue of $173.388 billion in the fourth quarter vs. $170.854 billion expected. Revenue grew by 5.7% year-over-year. Earnings per share (EPS) reported at $1.80 (up from $1.71 the year prior) vs. $...

February 21, 2024
Read More >
Home Depot earnings results announced

US home improvement chain Home Depot Inc. (NYSE: HD) reported Q4 financial results before the opening bell on Wall Street on Tuesday. The company reported revenue of $34.786 billion for the quarter (down by 2.9% year-over-year) vs. $34.643 billion expected. Earnings per share also topped analyst estimates at $2.82 (down by 14.54% year-over-ye...

February 21, 2024
Read More >
Vulcan Materials closes at a new all-time high after earnings

US manufacturer of building materials Vulcan Materials Company (NYSE: VMC) announced its latest financial results on Friday. Vulcan Materials reported revenue that fell short of analyst estimates. Revenue reached $1.834 billion for Q4 2023 (up by 5.88% year-over-year) vs. $1.837 billion expected. Earnings per share (EPS) topped expectations a...

February 19, 2024
Read More >
Deere & Company beats estimates – the stock is falling

US machine manufacturer Deere & Company (NYSE: DE) announced the latest financial results before the opening bell on Thursday. Deere achieved revenue of $10.486 billion for the three months ending 28/1/24, beating analyst estimate of $10.303 billion. Revenue was down by 8% vs. the same period year prior. Earnings per share (EPS) reported ...

February 16, 2024
Read More >
Cisco tops Wall Street estimates

Cisco Systems Inc. (NASDAQ: CSCO) released the latest earnings results for fiscal Q2 of 2024 after market close in the US on Wednesday. The US telecommunications company achieved revenue of $12.8 billion for the quarter vs. $12.706 billion. Revenue was down by 6% vs. the same period the year prior. Earnings per share (EPS) reached $0.87, abov...

February 15, 2024
Read More >
Barrick Gold beats Q4 expectations

Canadian mining company Barrick Gold Corporation (NYSE: GOLD) reported Q4 2023 financial results before the US market opened on Wednesday. The world's second-largest gold miner achieved revenue of $3.126 billion for Q4 2023, up from $2.943 billion in Q3 2023 vs. $3.128 billion expected. Earnings per share reported at $0.276, exceeding analyst...

February 15, 2024
Read More >
Coca-Cola earnings announced

American beverage giant The Coca-Cola Company (NYSE: KO) reported the latest financial results before the opening bell on Wall Street on Tuesday. Coca-Cola reported revenue of $10.948 billion (up by 7% year-over-year) for the last three months of 2023 vs. $10.675 billion expected. Earnings per share reached $0.49 (up by 10% year-over-year) vs...

February 14, 2024
Read More >
Arista Networks Q4 2023 and full year results announced

It’s set to be another busy week of US earnings with The Coca-Cola Company, Shopify Inc., Airbnb Inc., Deere & Company and more expected to announce the latest earnings results. First up, US computer networking company Arista Networks Inc. (NYSE: ANET) released the latest results after the closing bell on Monday. The company achieved re...

February 13, 2024
Read More >
PepsiCo falls short on revenue – the stock is down

On Friday, US beverage and food company PepsiCo Inc. (NASDAQ: PEP) announced the latest financial results before the market opened. The New York based company reported revenue of $27.85 billion for Q4 2023, falling short of Wall Street analyst estimate of $28.4 billion. Revenue was down from $27.996 billion from the same period in 2022. Earni...

February 12, 2024
Read More >
Philip Morris falls short in Q4 – the stock is down

US tobacco and cigarette company Philip Morris International Inc. (NYSE: PM) released the latest financial results for Q4 and 2023 full year before opening bell in the US on Thursday. The company reported revenue of $9 billion for the quarter, which was just shy of $9.008 billion expected. Earnings per share (EPS) fell short of analyst estima...

February 9, 2024
Read More >
Uber Q4 and full year results are here

Uber Technologies Inc. (NYSE: UBER) announced the latest financial results on Wednesday. The US ride-hailing company beat both revenue and earnings per share (EPS) estimates for the last 3 months of 2023. Revenue reached $9.936 billion for the quarter (up from $8.607 billion in Q4 2022) vs. $9.756 billion expected. EPS was reported at $0.6...

February 8, 2024
Read More >