Estimates
Electronic Arts forecasts annual bookings below estimates as gamers cut spending
VIDEO game publisher Electronic Arts (EA) forecast full-year bookings below Wall Street estimates on Tuesday (May 7) amid a broader spending slowdown in the gaming industry due to an...
Wynn Resorts quarterly results beat estimates on strength in Macau business
WYNN Resorts on Tuesday (May 7) beat Wall Street estimates for first-quarter profit as strength in gaming, luxury retail and hotel bookings drove steady demand at its Macau properties.Shares...
Twilio forecasts quarterly revenue below estimates on weak enterprise spending
TWILIO forecast second-quarter revenue below Wall Street estimates on Tuesday, expecting a slowdown in demand as customers cut back on discretionary spending amid economic uncertainty.Shares of the San Francisco-based...
South Korea’s Coupang slides after quarterly profit misses estimates
COUPANG, facing mounting competition in e-commerce, declined in late trading after first-quarter earnings came in shy of analysts’ estimates.Adjusted earnings before interest, taxes, depreciation and amortisation rose 17 per...
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
TICKETMASTER parent Live Nation Entertainment beat estimates for first-quarter revenue on Thursday, driven by the popularity of live events such as concerts, sending its shares up more than 3...
Moody’s tops quarterly profit estimates on strong product demand
MOODY’S on Thursday (May 2) beat Wall Street estimates for first-quarter profit, helped by demand for its research and analytics products.The New York-based company recorded robust sales of its...
Moderna beats quarterly estimates as cost-cutting pares losses
Moderna reported a narrower first-quarter loss than Wall Street had expected, as the biotech giant’s cost-cutting helped offset a steep decline in its Covid business.The Cambridge, Massachusetts-based company reported...
Shell maintains pace of buybacks as profit beats estimates
Shell kept up the pace of share buybacks as first-quarter profit dropped less than expected, maintaining the focus on shareholder returns that has become a hallmark of the oil...
