Category: Latest News
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Disney (DIS) tops estimates as streaming momentum strengthens
Walt Disney (NYSE:DIS) reported second-quarter results that surpassed Wall Street expectations, supported by accelerating growth in its streaming business and continued strength across its theme park operations. Adjusted earnings per share came in at $1.57, ahead of analyst forecasts of $1.50, while revenue increased 7% year over year to $25.17 billion, topping consensus estimates of…
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Kraft Heinz (KHC) shares rise after earnings beat and stronger-than-expected revenue
Kraft Heinz (NASDAQ:KHC) moved higher in premarket trading after reporting first-quarter results that came in ahead of Wall Street expectations. Adjusted earnings per share reached $0.58, beating analyst forecasts of $0.50 by $0.08. Revenue totaled $6.05 billion, topping consensus estimates of $5.88 billion and marking a 0.8% increase from $6 billion in the same period…
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Uber shares surge after Q1 earnings beat and strong bookings growth
Uber (NYSE:UBER) rose sharply in premarket trading on Wednesday after the transportation and delivery platform reported first-quarter earnings that exceeded Wall Street expectations. The company posted earnings per share of $0.72, ahead of analyst forecasts of $0.70. Revenue increased 10% year over year on a constant-currency basis to $13.2 billion, although the figure came in…
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Marriott (MAR) tops Q1 estimates as global travel demand stays resilient
Marriott International (NASDAQ:MAR) reported first-quarter results on Wednesday that came in ahead of Wall Street expectations, supported by continued strength in global travel demand. Adjusted earnings per share reached $2.72, topping analyst forecasts of $2.54 by $0.18. Shares gained 1.55% in premarket trading following the release. Revenue for the quarter totaled $6.65 billion, above the…
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SharkNinja (SN) tops Q1 expectations and boosts full-year guidance
SharkNinja (NYSE:SN) reported first-quarter fiscal 2026 results on Wednesday that came in ahead of Wall Street expectations, while also lifting its outlook for the full year. The company posted adjusted earnings per share of $1.09, exceeding analyst forecasts of $0.84. Shares rose modestly in premarket trading, gaining 0.49% following the earnings release. Revenue for the…
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Airline shares jump as optimism grows over possible U.S.-Iran agreement
Airline stocks moved sharply higher on Wednesday, with leading U.S. carriers posting gains of between 5% and 7.6% amid growing expectations that the United States and Iran could soon reach a diplomatic agreement. United Airlines (NASDAQ:UAL) led the sector higher with a 7.6% rally. Shares of American Airlines (NASDAQ:AAL), Delta Air Lines (NYSE:DAL), and Southwest…
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U.S. Private Payroll Growth Beats Expectations in April, ADP Says
Payroll services provider ADP reported Wednesday that hiring in the U.S. private sector accelerated more than anticipated during April. According to the company’s latest employment report, private payrolls increased by 109,000 jobs last month, following a revised gain of 61,000 jobs in March. Economists had forecast an increase of 85,000 jobs for April. The original…
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Wall Street Poised For Further Gains Amid Rising Optimism Over U.S.-Iran Agreement: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed to another positive session on Wednesday, suggesting markets could build on the strong gains recorded in the previous trading day. Investor sentiment improved following renewed optimism that the conflict in the Middle East could move toward a diplomatic resolution, helped by a positive report from Axios. According to Axios, citing two…
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Amcor (AMCR) rises after revenue beat and higher full-year guidance
Amcor (NYSE:AMCR) moved higher on Wednesday after reporting third-quarter results that topped Wall Street revenue expectations and raising its full-year outlook, supported by continued progress integrating its acquisition of Berry Global. The packaging group posted adjusted earnings per share of $0.96, in line with analyst forecasts. Revenue climbed to $5.91 billion, ahead of consensus estimates…
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NW Natural (NWN) misses first-quarter expectations but maintains full-year outlook
Northwest Natural Holding Company (NYSE:NWN) reported first-quarter results on Wednesday that fell short of Wall Street expectations on both earnings and revenue, although the company reaffirmed its full-year guidance. The utility group posted adjusted earnings per share of $2.28, missing analyst estimates of $2.35 by $0.07. Revenue totaled $490.4 million during the quarter, below consensus…