Ford Motor, one of the leading global automakers, exceeded the expectations of Wall Street in the fourth quarter of 2023. The company also provided a positive outlook for 2024, surpassing analysts’ projections. With impressive guidance for key financial metrics, Ford Motor is well-positioned for growth and profitability in the coming year. Ford’s full-year forecast for
Earnings
Palantir, the AI and data analytics company, saw its shares soar over 17% in after-hours trading after announcing its fourth-quarter earnings that surpassed analysts’ expectations for revenue. The company reported a revenue of $608.4 million for the fourth quarter ending on December 31, 2023, a 20% increase compared to the previous year. This came as
Chevron, the second-largest U.S. oil company, reported a significant decrease in its fourth-quarter profit compared to the previous year. The decline was attributed to impairment charges. However, despite the challenging financial results, Chevron managed to achieve a record cash return to its shareholders in 2023. The company returned a total of $26.3 billion to investors
Amazon, the e-commerce giant, reported fourth-quarter results that exceeded analysts’ expectations, fueling investor enthusiasm and driving the company’s stock up more than 8% in extended trading. The impressive results were accompanied by robust guidance for the current quarter, further reinforcing Amazon’s position as a dominant force in the market. This article explores the key highlights
Qualcomm, a prominent chipmaker, recently released its fiscal first-quarter results, surpassing analysts’ expectations. The company reported solid sales of handset chips, which contributed to its success. This article critically examines Qualcomm’s performance, delving into the revenue, earnings, and future outlook of the company. Qualcomm’s earnings per share for the fiscal first quarter stood at $2.75
AMD, the semiconductor company, recently reported its fourth-quarter earnings, meeting analyst expectations. However, while the company’s revenue surpassed estimates, its first-quarter forecast fell short of expectations. This disappointing forecast led to a decline of over 6% in AMD’s stock during extended trading. Despite this setback, there is still reason for optimism, as the company provided
Intel, the largest semiconductor maker by revenue, experienced a drop in shares during after-hours trading following the release of its Q1 2024 outlook. While the company’s latest quarter results beat Wall Street estimates, its projected earnings per share and sales for the first quarter fell short of analyst forecasts. This article will delve into Intel’s
IBM shares experienced a surge of as much as 8% in extended trading after the company released its fourth-quarter results, surpassing Wall Street’s expectations. The tech and services provider reported adjusted earnings per share of $3.87, compared to the estimated $3.78, and revenue of $17.38 billion, exceeding the projected $17.30 billion. IBM’s revenue witnessed a
Netflix, the leading streaming platform, is set to release its fourth-quarter earnings report today after the market closes. While many of its competitors in the streaming industry continue to struggle to turn profits, Netflix has proven to be an anomaly with its impressive performance. In the last quarter, the company witnessed an 8% increase in
Procter & Gamble (P&G) recently released its financial results for the fiscal second quarter of 2024, revealing mixed earnings and revenue. While price hikes contributed to a 3% increase in revenue, the company faced challenges in various business segments. P&G also revised its outlook for full-year adjusted earnings per share, citing plans to write down