Tag: Earnings Projections

SoFi stock falls after its first earnings report, as profit outlook comes up short

SoFi Technologies Inc. doubled revenue in its latest quarter, but issued an earnings outlook for the current period that came up lighter than what analysts were anticipating. The company reported a second-quarter net loss of $165.3 million, or 48 cents a share, whereas it recorded net income of $7.8 million a year earlier. Analysts tracked […]

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20 stocks for maximum growth as the world switches to clean energy

If you would like your investments to help protect the Earth, you might as well go in for the long term and try to make a lot of money as companies specializing in low-emissions and sustainable energy technologies grow. Below is a screen of alternative-energy companies expected to produce the fastest revenue growth over the […]

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People are still playing a lot of videogames, but how much?

Videogame publishers anticipate the pandemic-fueled turbocharging of their industry is here to stay, but engagement is slowing and hurting their stocks. Going into earnings season, Wall Street knew that comparisons to last year would be tough. The April-to-June quarter lapped the first full calendar quarter of pandemic stay-at-home mandates, when videogame demand skyrocketed as it […]

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Zynga stock drops as outlook overshadows earnings beat, M&A momentum

Zynga Inc. shares dropped Thursday as the videogame publisher’s outlook overshadowed results that topped Wall Street estimates, amid continued M&A momentum and a move to reduce its physical presence in San Francisco. Zynga ZNGA, -1.31% shares plummeted 16% after hours, following a 1.3% decline to close at $9.77. Zynga shares closed at their highest level […]

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PayPal stock slips as earnings beat expectations but outlook comes up short

PayPal Holdings Inc. topped profit expectations for its latest quarter, but it delivered a lower-than-expected outlook for the current quarter as eBay’s transition to managing its own payments experience is happening more quickly than expected. While PayPal PYPL, +0.50% was the main payments partner for eBay EBAY, +0.83% in the initial years following the separation […]

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Microsoft tops $60 billion in annual earnings for the first time to cap record-breaking year

Microsoft Corp. finished yet another record-breaking year with more than $60 billion in profit and $165 billion in sales, showing why it has become only the second $2 trillion company in U.S. stock market history, and shares turned around after it projected more growth. Microsoft MSFT, -0.87% on Tuesday reported fiscal fourth-quarter earnings of $16.46 […]

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