Shares of DoorDash dropped in extended trading Wednesday after the food delivery service reported fourth-quarter results that fell short of Wall Street’s expectations. The stock was down approximately 9% following the earnings release. The company posted adjusted earnings of $0.48 per share, which was below the $0.55 per share that analysts had forecast. Revenue also […]
When the major automotive manufacturer released its fourth‑quarter results, investors were quick to note that revenue was in line with expectations but earnings fell short. The company posted an adjusted earnings per share of $0.13, compared with the $0.18 analysts were hoping for. Automotive revenue hit $42.40 billion, exactly what the market anticipated, but operating profit […]
The fourth‑quarter earnings season is more than halfway over, and the S&P 500 is showing a strong earnings outlook. As of February 6, 59% of the companies in the index have already reported their results, and analysts now see a 13% rise in earnings per share for the quarter. If that pace holds, it would mark the […]
Robinhood earnings, Fed comments, retail sales: What to Watch
Tomorrow’s earnings calendar is shaping up to be a busy one, with a mix of tech, automotive, and consumer staples companies hitting the markets. Investors will be keeping a close eye on the trading of a popular trading platform, a major automaker, and a beverage giant, all of whom are set to release their fourth‑quarter […]