McDonald’s worker prepares french fries to go. Getty Images McDonald’s will be reporting earnings before the bell Friday. The company’s stock, which has a market value of more than $165 billion, is up 20% so far this year. Here’s what Wall Street is expecting, according to analysts surveyed by Refinitiv: Earnings per share: $2.05 expected
Earnings
Amazon reported mixed results in its second-quarter earnings release on Thursday, failing to meet profit expectations while exceeding revenue forecasts. The results show Amazon’s renewed investments into the company are paying off, driving sales growth at the expense of lower profit margins. Amazon’s shares, however, dropped over 2% in after-hours trading, as the company gave
Starbucks raised its full-year earnings and revenue forecast Thursday after more customers returned to cafes in the U.S. and China for pricier drinks. Shares of the company jumped 5.8% in extended trading. The coffee chain’s stock, which has a market value of $110.2 billion, is up 41% so far this year. “Our two targeted long-term growth markets,
Ruth Porat, Alphabet CFO Adam Galica | CNBC Entering its second-quarter earnings report on Thursday, Alphabet’s in a bit of a slump. The stock has dropped almost 10% in the past three months, leaving it up only about 9% for the year, dramatically underperforming its mega-cap tech peers and the benchmark S&P 500, which is
Employees sort packages at the United Parcel Service (UPS) Chicago Area Consolidation Hub in Hodgkins, Illinois. Daniel Acker | Bloomberg | Getty Images United Parcel Service on Wednesday said demand for its Next Day Air and Ground services drove better-than-expected quarterly profit as large retailers rushed packages to online shoppers. Shares in UPS jumped 8 percent
Vans sneakers on beach Source: Vans VF Corp.’s quarterly revenue beat Wall Street expectations on Wednesday, helped by higher demand for its Vans sneakers and the North Face brand. Net revenue rose 6.3% to $2.27 billion in the first quarter, beating analysts’ estimate of $2.24 billion, according to IBES data from Refinitiv. Net income fell
Shares of Caterpillar plunged after the company posted disappointing second-quarter results as higher material costs including tariffs and lower demand in China made a dent in its profit. Caterpillar earned $2.83 per share in the second quarter, versus consensus estimate of $3.12 per share, according to Refinitiv. Revenue also disappointed with $14.432 billion reported compared
Amazon CEO Jeff Bezos announces Blue Moon, a lunar landing vehicle for the Moon, during a Blue Origin event in Washington, DC, May 9, 2019. Saul Loeb | AFP | Getty Images Amazon is expected to report its second-quarter earnings on Thursday but one analyst at BMO is warning investors that Wall Street’s estimates for
A JetBlue Airways Corp. Airbus A321 plane sits at a gate outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York, U.S., on Wednesday, July 12, 2017. Jetblue Airways Corp. is scheduled to release earnings figures on July 25. Photographer: Mark Kauzlarich/Bloomberg via Getty Images Mark Kauzlarich | Bloomberg | Getty
Brian Goldner CEO of Hasbro Adam Jeffery | CNBC The U.S.-China trade war is spurring Hasbro to reduce its reliance on China for making its toys. China has long been an important country for manufacturing toys: 67% of Hasbro’s products sold in the U.S. came from there last year. However, as Washington and Beijing slap tariffs on