PepsiCo Earnings: The Implication of Weight Loss Drugs
by Ben Levisohn Earnings Projection Earnings are expected to be favorable for PepsiCo. The company is anticipated to report a third-quarter profit of $2.15, an increase from $1.97 during the…
Procter & Gamble Co. Beats Estimates, Maintains Fiscal 2024 Guidance
Procter & Gamble Co.'s stock (PG) rose by 0.9% in premarket trading on Wednesday, following the consumer goods giant's strong performance in its fiscal first quarter. The Cincinnati-based company, known…
Microsoft Earnings: Will AI Investments Pay Off?
Microsoft (ticker: MSFT) investors are anxiously awaiting the company's upcoming earnings announcement. Despite a 0.3% drop in the company's shares to $330.25 and a 3.6% decline over the past three…
AAR Reports Impressive Earnings Amidst Aerospace Recovery
AAR, a leading provider of airplane parts and services, has surpassed earnings expectations in its latest quarterly report, demonstrating a remarkable 23% growth in sales year over year. The aerospace…
RPM International Reports Higher Sales in Q1 Fiscal Year
RPM International, a leading maker of coatings, sealants, and building materials based in Ohio, announced that it had achieved higher sales in its fiscal first quarter. This growth was primarily…
Caleres Reports Better-Than-Expected Earnings for Q2
Caleres, a leading footwear company, announced strong second-quarter earnings, exceeding expectations and maintaining its financial targets for the full year. Impressive Performance and Positive Outlook In the latest quarter, Caleres…
Apple Set to Report Earnings Amidst Stock Rally
Wall Street analysts are eagerly awaiting Apple's earnings report this week as the tech giant's stock continues to soar with a 50% rally in 2023. As a result, analysts are…
BMW Reports Lower Net Profit in Second Quarter
BMW, the German car company, has announced a lower net profit for the second quarter of this year. Despite this, the company saw an increase in group revenue. It also…
Danone Expects Strong Year-End Results
Danone, the French yoghurt maker, has announced that it is on track to meet the upper end of its guidance for the year, following stronger-than-expected first-half sales and earnings. In…
Spectrum Brands Reports Sales Decline in Third Quarter
Spectrum Brands Holdings, the home-essentials company, has announced a decrease in sales for the fiscal third quarter, with short-term demand headwinds expected to continue in the current quarter. Here are…
Deutsche Telekom to Report Q2 Results
Deutsche Telekom, the German telecommunications company, is set to release its second quarter results on Thursday. Here are the key details you need to know: Revenue Forecast According to consensus…
Lyft Faces Challenges in the Ride-Hailing Market
Lyft, the popular ride-hailing company, reported its second-quarter earnings with mixed results. Despite narrowing its losses, Lyft's revenue growth fell short compared to its main competitor, Uber. Narrower Losses Lyft's…