
eBay Beats Revenue and EPS Estimates in Q1 2023 Earnings Report
E-commerce giant eBay is optimistic going into the second quarter after logging commendable figures in its Q1 2023 outing.
E-commerce giant eBay is optimistic going into the second quarter after logging commendable figures in its Q1 2023 outing.
Meta’s Q1 2023 performance underscores its commitment to cutting costs and maximizing earnings in its “year of efficiency”.
Announcing the newly-authorized share repurchases, Alphabet said such actions are expected to occur “from time to time, subject to general business and market conditions.”
First Republic Bank received uninsured deposits totaling $30 billion from a group of America’s largest banks on March 16, 2023, to help reduce the chances of a bank run.
In-restaurant sales at Chipotle during Q1 2023 popped 22.9%, while digital sales represented 39.3% of food and beverage revenue.
In its fiscal Q3 2023 report, Microsoft CFO Amy Hood stressed that the company would continue to prioritize AI-related endeavors.
For Q1 2023, UPS reported adjusted earnings per share (EPS) of about $2.20, whereas analysts expected the company to report an EPS of $2.21.
Leading hamburger purveyor McDonald’s experienced earnings growth for Q1 2023 despite sporting a pricier menu.
Beverage giant PepsiCo raised its full-year outlook following its commendable Q1 2023 performance, beating analysts’ expectations.
According to its Q1 2023 report, beverage giant Coca-Cola realized revenue of $10.96 billion on higher product prices and increased demand.
In this week’s Q1 tech earnings reports, investors look for signs of staying power amid a recession-threatened economy.
Bed Bath & Beyond has been struggling to maintain its operations since the beginning of 2023 with BBBY stock correcting over 88% year-to-date.
According to the CEO of the consumer goods mainstay, Procter & Gamble retains the right strategies to deliver balanced growth.
There are different segments in the market with different performance outlooks and while the payments ecosystem took a slight hit, the earnings in the banking sector have been mixed across the board.
In addition to closing the news unit and laying off employees, BuzzFeed has also announced that two of its executives are stepping down. Its chief revenue officer Edgar Hernandez and chief operating officer Christian Baesler are leaving the company.