U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied with fast inflation that, if sustained, would pose a particular dilemma for the central bank.
GM kept the earnings momentum going with strong first quarter results, resulting in the automaker upping its full-year guidance. GM also still sees "positive variable profit" in its EV business in the back half of 2024 as well.
Carriage Servs (NYSE:CSV) just reported results for the first quarter of 2024.Carriage Servs reported earnings per share of 75 cents. This was above the analyst estimate for EPS of 59 cents.The company reported revenue of $103.49 million.This was 4.76% better than the analyst estimate for revenue of $98.79 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including...
Colony Bankcorp (NASDAQ:CBAN) just reported results for the first quarter of 2024.Colony Bankcorp reported earnings per share of 33 cents. This was above the analyst estimate for EPS of 31 cents.The company reported revenue of $28.14 million.This was 1.96% better than the analyst estimate for revenue of $27.60 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including...
Pinterest (PINS) reported first quarter results that topped Street estimates on both the top and bottom lines. The company reported adjusted earnings of $0.20 per share versus a $0.14 estimate. Revenue of $740.0 million was better than the $700.3 million estimate. Pinterest reported having 518 million monthly active users compared to an estimated 503.75 million. Average revenue per user of $1.46 topped estimates of $1.39. Yahoo Finance's Julie Hyman and Josh Lipton break down the social media...
Coca-Cola (KO) reported first quarter results, beating analyst expectations on both the top and bottom lines — with the beverage giant's net sales rising by 3% year-over-year. The company also raised its full-year outlook for organic revenue, projecting 8 to 9% growth in 2024. Yahoo Finance's Brooke DiPalma breaks down the report and provides insight into CEO James Quincey's outlook for the company. For more expert insight and the latest market action, click here to watch this full episode of...
The French economy grew more than expected in the first quarter, official data showed on Tuesday, delivering good news to a government facing scrutiny over the country's huge debt pile.
Robust demand for continuity solutions and digital infrastructure solutions is likely to have aided Vertiv Holdings' (VRT) first-quarter 2024 performance.
Verizon (VZ) delivered earnings and revenue surprises of 2.68% and 1.05%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Child care and education company Bright Horizons (NYSE:BFAM) reported Q1 CY2024 results topping analysts' expectations, with revenue up 12.5% year on year to $622.7 million. The company expects the full year's revenue to be around $2.65 billion, in line with analysts' estimates. It made a non-GAAP profit of $0.51 per share, improving from its profit of $0.49 per share in the same quarter last year.
A majority of Americans see China's popular TikTok app as a Chinese tool meant to influence and shape U.S. public opinion, according to a Reuters/Ipsos poll.
Qualcomm (QCOM) stock is being lifted Thursday morning by upbeat sales forecasts, topping fiscal second-quarter earnings estimates on the top and bottom lines. The Morning Brief Anchors Akiko Fujita and Brad Smith review the semiconductor company's revenue figures and what it signals for smartphone demand. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.