French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude prices and weak fuel demand.French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude prices and weak fuel demand. Poster and logo on the Coupole Tower, compagny Total’s head office renamed TotalEnergies in 2021 in the La Defense business district west of Paris in Courbevoie, France on 7 June 2024. Antoine Boureau | Afp | Getty Images French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a…
Author: MAK Gojar
Being a Citi cardholder might help you snag tickets for Beyoncé’s upcoming tour.Being a Citi cardholder might help you snag tickets for Beyoncé’s upcoming tour. Citi is an advertising partner. Select may receive an affiliate commission when you click on the links for products from our partners. This commission does not influence the opinions, recommendations, or placement of any products on our site. Check in on your Beyoncé-loving friends — the BeyHive is bracing for one of the most highly anticipated concert tours of the year. Fresh off her two Grammy wins at the 2025 awards, Beyoncé has officially announced…
Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market shift toward electric vehicles. Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market shift toward electric vehicles. FILE PHOTO: The logo of Toyota is pictured in Cuautitlan Izcalli, Mexico, January 30, 2025 Raquel Cunha | Reuters Japan’s Toyota Motor on Wednesday reported a second consecutive fall in quarterly profit, while announcing that it will set up a new company in China to make electric vehicles as it plays catch up…
Asset management company Franklin Resources, Inc. (NYSE: BEN) has reported an increase in revenues for the first quarter of fiscal 2025. First-quarter net income was $163.6 million or $0.29 per share, compared to a loss of $84.7 million or $0.19 per share in Q1 2024 Adjusted earnings for the quarter remained unchanged year-over-year at $0.59 per share Operating revenue increased 2% to $2.25 billion in the first quarter from $2.21 billion a year earlier December-quarter operating income came in at $219 million, compared to a loss of $150.7 million in the prior-year period Adjusted operating income was $412.8 million in…
Medical device company IDEXX Laboratories, Inc. (NASDAQ: IDXX) on Monday reported higher revenues and net income for the fourth quarter of 2024. Fourth-quarter revenues increased 6% annually to $954.3 million; organic revenue growth was 6% Net income attributable to shareholders moved up to $216.1 million in Q4 from $194.5 million a year earlier On a per-share basis, fourth-quarter earnings rose to $2.62 from $2.32 in Q4 2023 For fiscal 2025, the management expects revenues to be in the range of $4.06 billion to $4.17 billion, reflecting a growth of 4-7% Full-year organic revenue growth is expected to be between 6%…
Shares of Philip Morris International Inc. (NYSE: PM) stayed red on Monday. The stock has gained 42% over the past 12 months. The tobacco giant is slated to report its fourth quarter 2024 earnings results on Thursday, February 6, before market open. Here’s a look at what to expect from the earnings report: Revenue Analysts are projecting revenues of $9.44 billion for Philip Morris in Q4 2024, which represents a growth of over 4% from the same period a year ago. In the third quarter of 2024, revenues increased 8% year-over-year to $9.9 billion. Earnings The consensus estimate for earnings per…
Amazon.com Inc. (NASDAQ: AMZN) has concluded another strong fiscal year and is preparing to report results for the final three months of FY24. The e-commerce giant has been investing heavily in technological innovation, with a focus on enhancing customers’ shopping experience and ramping up its cloud business with artificial intelligence tools and services. Amazon shares have grown nearly 50% in the past six months and regularly outperformed the broad market. AMZN reached a new high last week and the average target price indicates it will continue gaining momentum in the coming months. The last closing price of $237.68 is well…
PepsiCo, Inc. (NASDAQ: PEP) reported its fourth quarter 2024 earnings results today. Net revenue of $27.7 billion remained relatively unchanged from the year-ago period. Organic revenue growth was 2.1%. Net income attributable to PepsiCo was $1.52 billion, or $1.11 per share, compared to $1.30 billion, or $0.94 per share, last year. Core EPS was $1.96. Earnings beat estimates while revenue fell short causing the stock to dip over 1% in premarket hours on Tuesday. For fiscal year 2025, the company expects a low-single-digit increase in organic revenue and a mid-single-digit increase in core constant currency EPS. Prior performance The post…
PayPal Holdings, Inc. (NASDAQ: PYPL) reported its fourth quarter 2024 earnings results today. Net revenues increased 4% year-over-year to $8.4 billion. Revenue growth was 4% on a currency-neutral basis. GAAP net income decreased 20% to $1.12 billion and earnings per share fell 15% to $1.11 compared to last year. Adjusted EPS increased 5% to $1.19. For the first quarter of 2025, GAAP EPS is expected to be $1.11-1.13 and adjusted EPS is expected to be $1.15-1.17. For fiscal year 2025, GAAP EPS is expected to be $4.80-4.95 while adjusted EPS is expected to be $4.95-5.10. Prior performance The post PayPal…
Pfizer Inc. (NYSE: PFE) reported its fourth quarter 2024 earnings results today. Revenues increased 22% year-over-year to $17.8 billion. GAAP net income was $410 million, or $0.07 per share, compared to a loss of $3.37 billion, or $0.60 per share, last year. Adjusted EPS was $0.63. The top and bottom line numbers beat expectations. For fiscal year 2025, the company expects revenues of $61-64 billion and adjusted EPS of $2.80-3.00. Prior performance The post PFE Earnings: Key quarterly highlights from Pfizer’s Q4 2024 financial results first appeared on AlphaStreet. Pfizer Inc. (NYSE: PFE) reported its fourth quarter 2024 earnings results…
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.…
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,…
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…
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…
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…
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…
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…
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…
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…
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…