Wall Street Expects Lazard’s Profit to Decline
Wall Street analysts don’t expect the same performance in Lazard’s results, due out Thursday. Analysts expect the bank to report net income of $48 million on a U.S. GAAP basis, a 25% drop from a year earlier.
Apple Earnings Beat Estimates
Apple reported fiscal first-quarter earnings on Thursday that beat Wall Street estimates. The iPhone maker posted first-quarter earnings of $2.40 a share on revenue of $124.3 billion. Analysts surveyed by FactSet were expecting earnings of $2.
PulteGroup 4Q Revenue Tops Wall Street's Estimates Amid Higher Closings
The Atlanta homebuilder logged net income of $913.2 million, or $4.43 a share, compared to about $711 million, or $3.28 a share, a year earlier. Analysts polled by FactSet expected $3.26 a share. Revenue rose to $4.92 billion from $4.29 billion. Analysts polled by FactSet expected $4.64 billion.
Wall Street’s 'fear gauge' subsides as Treasury yields retreat this week
Wall Street’s so-called fear gauge has dropped this week, as the U.S. stock market appeared relieved that Treasury yields retreated from their recent climb. The Cboe Volatility Index was down 3.5% on Friday afternoon at 16,
Apple iPhone Sales Shrink Slightly as Investors Await AI Payoff
The company has heavily advertised AI features since the latest iPhones were released in September.
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Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft said Wednesday that its profit for the October-December quarter grew 10% as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Tesla's fourth-quarter results fall short of Wall Street estimates as rivals steal customers
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street
All Eyes on Microsoft Stock Ahead of Earnings; Here’s What Goldman Sachs Expects
Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming the broader market.
General Motors swings to fourth quarter loss on charges related to China, but tops expectations
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street
Quest Diagnostics' 4Q Net, Revenue Rise; Forecasts More EPS Growth
Quest Diagnostics' fourth-quarter net income and revenue rose beyond Wall Street expectations, and the medical firm forecast more growth in 2025 amid rising demand for its health-care tests.
Meta posts sharply higher Q4 profit, revenue, topping Wall Street’s expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its