Parent Facebook Meta reported a steeper-than-expected revenue decline, missed earnings and issued a surprisingly weak forecast pointing to a second straight year-over-year sales decline. Shares slid in extended trading. Here’s how the company did it: Earnings: $2.46 per share vs. $2.59 per share expected, according to Refinitiv Revenue: $28.82 billion vs. $28.94 billion expected, according … Read more
Microsoft Shares rose 5% in extended trading on Tuesday after the software maker issued an upbeat revenue forecast for the year ahead, despite reporting quarterly results that fell short of Wall Street consensus. Here’s how the company did it: Earnings: $2.23 per share, adjusted, versus $2.29 per share as expected by analysts, according to Refinitiv. … Read more
GM CEO Mary Barra speaks with the media prior to the start of the 2017 General Motors Company Annual Meeting of Shareholders on Tuesday, June 6, 2017 at GM’s world headquarters in Detroit, Michigan. Photo by John F. Martin for GM General Engines on Tuesday reported second-quarter results that missed Wall Street estimates after the … Read more
GM CEO Mary Barra speaks with the media prior to the start of the 2017 General Motors Company Annual Meeting of Shareholders on Tuesday, June 6, 2017 at GM’s world headquarters in Detroit, Michigan. Photo by John F. Martin for GM General Engines on Tuesday reported second-quarter results that missed Wall Street estimates after the … Read more