Author: MAK Gojar

The Estée Lauder Companies Inc. (NYSE: EL) reported its second quarter 2025 earnings results today. Net sales decreased 6% year-over-year to $4 billion. Organic sales were also down 6%. Net loss attributable to the Estée Lauder Companies Inc. was $590 million, or $1.64 per share, compared to net income of $313 million, or $0.87 per share, last year. Adjusted EPS decreased 29% to $0.62. For the third quarter of 2025, the company expects reported sales to decline 10-12% and organic sales to decline 8-10% YoY. GAAP EPS is projected to be $0.04-0.17 while adjusted EPS is expected to be $0.20-0.30.…

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Music streaming platform Spotify Technology (NYSE: SPOT) reported a profit for the fourth quarter of 2024, compared to a loss last year, aided by a double-digit increase in revenues. Total revenue increased to EUR4.24 billion in the fourth quarter from EUR3.67 billion in the prior-year period. The company had 675 million monthly active users at the end of the quarter, up 12%. Net income attributable to the company was EUR367 million, or EUR1.76 per share in Q4, compared to a loss of EUR70 million or EUR0.36 per share in the corresponding quarter last year. For the first quarter of 2025,…

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Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the fourth quarter of 2024, aided by a 7% increase in sales. Fourth-quarter worldwide sales increased 7% year-over-year to $15.6 billion, with Pharmaceutical and Animal Health revenues growing 7% and 9% respectively. The company reported a net profit of $3.74 billion or $1.48 per share for the December quarter, compared to a loss of $1.23 billion or $0.48 per share in the prior-year period. On an adjusted basis, earnings climbed to $1.72 per share in Q4 from $0.03 per share in the fourth quarter…

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Google’s parent Alphabet Inc. (NASDAQ: GOOG, GOOGL) is scheduled to publish its fourth-quarter 2024 results today after the closing bell. Listen to Alphabet’s Q4 2024 earnings call live and read the real-time transcript On average, analysts predict earnings of $2.13 per share on revenue of $96.67 billion for the December quarter. This compares to earnings of $1.64 per share and revenue of $86.31 billion reported in Q4 2023. In the third quarter of 2024, Alphabet reported revenue of $88.3 billion, which is up 15% year-over-year. Earnings per share increased 37% from the year-ago quarter to $2.12 in Q3. The post…

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Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) is all set to report fourth-quarter results today after regular trading hours. Analysts are looking for earnings of $1.09 per share for the December quarter, on an adjusted basis, higher than the $0.77/share profit reported in the year-ago quarter. The consensus revenue estimate for Q4 is $7.53 billion, which represents a 22% year-over-year increase. Listen to AMD’s Q4 2024 earnings call live and read the real-time transcript In the third quarter, adjusted earnings rose to $0.92 per share from $0.70 per share in the corresponding period last year. Q3 revenues increased to…

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Alphabet Inc. (NASDAQ: GOOG, GOOGL), the parent of Internet search giant Google, Tuesday reported higher revenue and earnings for the fourth quarter of 2024. Earnings exceeded Wall Street’s estimates. Alphabet’s consolidated revenues rose to $96.4 billion in the December quarter from $86.31 billion in the same period of fiscal 2023. The latest number fell short of expectations. Reflecting the strong top-line performance, fourth-quarter net income increased to $26.5 billion or $2.15 per share from $20.7 billion or $1.64 per share a year earlier. EPS surpassed estimates. Prior Performance The post GOOG Earnings: Alphabet’s Q4 2024 profit beats estimates; revenue up…

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Shares of PepsiCo, Inc. (NASDAQ: PEP) were down over 4% on Tuesday after the company delivered mixed results for the fourth quarter of 2024. Earnings beat expectations while revenue came below estimates. The beverages giant faced challenges across both its segments which impacted its quarterly performance. Looking ahead, it expects its international business to remain resilient and its North America business to improve in the coming fiscal year. Mixed results In Q4 2024, PepsiCo’s revenues remained relatively flat year-over-year at $27.78 billion but missed estimates of $27.9 billion. Organic revenue growth was 2.1%. GAAP earnings increased 17% to $1.11 per…

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Chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) on Tuesday announced financial results for the fourth quarter of 2024. Fourth-quarter earnings, on an adjusted basis, were $1.09 per share, compared to $0.77 per share in the same period of 2023. On a reported basis, net income was $482 million or $0.29 per share in Q4, compared to $667 million or $0.41 per share in the prior-year period. The company reported revenues of $7.66 billion for the December quarter, compared to $6.17 billion in the comparable period in the prior year. Prior Performance The post Earnings: Highlights of AMD’s Q4 2024 report…

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The Walt Disney Company (NYSE: DIS) reported its first quarter 2025 earnings results today. Revenues increased 5% year-over-year to $24.7 billion.   Net income attributable to The Walt Disney Company grew to $2.55 billion, or $1.40 per share, from $1.91 billion, or $1.04 per share, last year. Adjusted EPS rose 44% to $1.76.   Revenue and earnings beat expectations, sending the stock rising over 2% in premarket hours on Wednesday. For fiscal year 2025, the company expects high single digit adjusted EPS growth compared to FY2024. Prior performance The post DIS Earnings: Key quarterly highlights from Disney’s Q1 2025 financial…

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Uber Technologies, Inc. (NYSE: UBER) reported its fourth quarter 2024 earnings results today. Revenue grew 20% year-over-year to $12 billion, or 21% on a constant currency basis. Net income attributable to Uber Technologies, Inc. was $6.9 billion, or $3.21 per share, compared to $1.4 billion, or $0.66 per share, last year. Gross bookings grew 18% YoY to $44.2 billion, or 21% on a constant currency basis. For the first quarter of 2025, the company expects gross bookings to grow 17-21% YoY on a constant currency basis. Prior performance The post Uber Technologies (UBER) Q4 2024 Earnings: Key financials and quarterly…

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Electronic Arts Inc. (NASDAQ: EA) reported net revenue of $1.88 billion for the third quarter of 2025, down 3% year-over-year. Net income rose 1% to $293 million and earnings per share grew 4% to $1.11 compared to last year. Net bookings for the quarter totaled $2.215 billion. For the fourth quarter of 2025, EA expects net revenues of approx. $1.68-1.83 billion and EPS of approx. $0.65-1.00. For fiscal year 2025, the company expects net revenue of $7.25-7.40 billion and EPS of $3.90-4.25. Prior performance The post Electronic Arts (EA) Earnings: 3Q25 Key Numbers first appeared on AlphaStreet. Electronic Arts Inc.…

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Motorcycle manufacturer Harley-Davidson Inc. (NYSE: HOG) reported a net loss for the fourth quarter of 2024 as its sales declined amid weak demand. The company reported a net loss of $117 million or $0.93 per share in the December quarter, compared to a profit of $26 million or $0.18 per share in the comparable period of last year. The bottom line was negatively impacted by a 35% drop in total revenues to $688 billion during the three months. There was a 53% fall in motorcycle shipment units. Prior Performance The post HOG Earnings: Harley-Davidson slips to loss in Q4 as…

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Snap Inc. (NYSE: SNAP) reported revenues of $1.55 billion for the fourth quarter of 2024, up 14% year-over-year. Net income was $9 million, or $0.01 per share, compared to a net loss of $248 million, or $0.15 per share, in the prior-year quarter. Adjusted EPS doubled YoY to $0.16. Daily active users (DAUs) were 453 million, up 9% year-over-year. For the first quarter of 2025, Snap expects revenues of $1.32-1.36 billion and DAUs of approx. 459 million. Prior performance The post Infographic: How Snap (SNAP) performed in Q4 2024 first appeared on AlphaStreet. Snap Inc. (NYSE: SNAP) reported revenues of…

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Motorcycle manufacturer Harley-Davidson Inc. (NYSE: HOG) reported a net loss for the fourth quarter of 2024 as its sales declined amid weak demand. The company reported a net loss of $117 million or $0.93 per share in the December quarter, compared to a profit of $26 million or $0.18 per share in the comparable period of last year. The bottom line was negatively impacted by a 35% drop in total revenues to $688 billion during the three months. There was a 53% fall in motorcycle shipment units. Prior Performance The post HOG Earnings: Harley-Davidson slips to loss in Q4 as…

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President Xi Jinping and his US counterpart Donald Trump struck an upbeat, cooperative tone on Thursday on many key bilateral and regional issues, including the Korean Peninsula and trade. ​President Xi Jinping and his US counterpart Donald Trump struck an upbeat, cooperative tone on Thursday on many key bilateral and regional issues, including the Korean Peninsula and trade.   President Xi Jinping and his US counterpart Donald Trump struck an upbeat, cooperative tone on Thursday on many key bilateral and regional issues, including the Korean Peninsula and trade. 

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Argentina’s president has ordered the country’s withdrawal from the World Health Organization due to “profound differences” with the U.N. agency, a presidential spokesperson said Wednesday. President Javier Milei’s decision echoes that of his ally, U.S. President Donald Trump, who began the process of pulling the United States out of WHO with an executive order on his first day back in office on Jan. 21. The loss of another member country will further fracture cooperation in global health, though Argentina was expected to provide only about $8 million to WHO for the agency’s estimated $6.9 billion 2024-2025 budget. Argentina’s decision is…

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This summer’s action-packed monster movie Jurassic World: Rebirth has released its first trailer and glimpse into the latest film in the franchise, starring Jonathan Bailey, Scarlett Johansson and Mahershala Ali among others. The fourth film in the Jurassic World series will follow a team of scientists and others whose main objective is to acquire genetic […]This summer’s action-packed monster movie Jurassic World: Rebirth has released its first trailer and glimpse into the latest film in the franchise, starring Jonathan Bailey, Scarlett Johansson and Mahershala Ali among others. The fourth film in the Jurassic World series will follow a team of…

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A group that played a key role in Donald Trump’s voter outreach to the Arab American community alongside his allies is rebranding itself after the president said that the U.S. would “take over” the Gaza Strip. Bishara Bahbah, chairman of the group formerly known as Arab Americans for Trump, said during a phone interview with The Associated Press on Wednesday that the group would now be called Arab Americans for Peace. The name change came after Trump held a Tuesday press conference alongside Israeli Prime Minister Benjamin Netanyahu at the White House and proposed the U.S. take “ownership” in redeveloping…

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A U.S. Coast Guard crew caught a Chinese migrant apparently trying to come into the country in an unusual way — via paddleboard. Leer en español According to a post on X, the social media platform formerly known as Twitter, the crew on Coast Guard cutter Seahorse spotted the migrant paddling about 25 miles off the coast of Freeport, Bahamas on Tuesday. Video and photos show the man with an oar on top of two paddleboards tied together. He also tied pieces of luggage to the makeshift vessel. In the video, the man waves at the Coast Guard crew. Video:…

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