Earnings Projections

Roku to Cut 10% of Staff to Rein In Rising Expenses

The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link

1 year ago

Warner Bros. Cuts Profit Outlook as Hollywood Strikes Drag On

It is now targeting full-year adjusted earnings, before interest, taxes, depreciation and amortization, of $10.5 billion to $11 billion, down…

1 year ago

Dick's Sporting Goods Blames Theft for Profit Woes

The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job…

1 year ago

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest

Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link

1 year ago

The AI Trade Faces Its First Major Test With Nvidia Earnings

The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now. Source…

1 year ago

Estée Lauder's Big Bet on China Is Looking Not So Pretty

Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China…

1 year ago

Space Companies Struggle to Meet Lofty Goals

Newer industry players are cutting jobs, trimming spending and reining in plans. Source link

2 years ago

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs Source link

2 years ago

Maaco, Meineke Owner Is Hit By Rising Car-Wash Competition

Driven Brands entered the car-wash business line in 2020, and it is now its third-largest segment by revenue. Source link

2 years ago

CVS Reports Stronger Demand

The healthcare company said a 10.3% increase in its second-quarter sales was driven by growth in its health benefits business.…

2 years ago