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Search resuls for: "LSEG Revenue"


6 mentions found


☆ Snap shares soar 25% as company beats on earnings, shows strong revenue growth
  + stars: | 2024-04-25 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +4 min
Snap reported first-quarter results on Thursday that beat analysts' estimates and showed a return to double-digit revenue growth. Adjusted EBITDA for the first quarter was $46 million, far surpassing the $68 million loss expected by analysts, according to StreetAccount. For its second quarter, Snap expects to report revenue between $1.23 billion and $1.26 billion, up from the $1.22 billion expected by analysts, according to StreetAccount. Snap said adjusted EBITDA will fall between $15 million and $45 million, compared to Wall Street's expectations of $15.5 million. The company expects to report around 431 million DAUs in its second quarter, up from the 430 million expected by StreetAccount.
Persons: Snap's, Snap Organizations: LSEG Revenue, LSEG, LSEG Global, Revenue, Snapchat, Meta, StreetAccount
☆ JetBlue shares tumble 10% after airline lowers 2024 revenue outlook
  + stars: | 2024-04-23 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
JetBlue Airways shares tumbled more than 10% in premarket trading Tuesday after the airline lowered its 2024 revenue forecast, a setback as it tries to return to profitability. The carrier said second-quarter revenue would likely drop as much as 10.5% on the year, more than double the decline analysts polled by LSEG expected. JetBlue has been on a cost-cutting spree, culling unprofitable routes, and focusing on those with steady demand and high sales for premium seats. JetBlue earlier this year said it would defer $2.5 billion in aircraft spending until the end of the year. Revenue dropped 5.1% from last year to $2.21 billion, matching LSEG revenue expectations.
Persons: LSEG, Joanna Geraghty, Pratt Organizations: JetBlue Airbus A321neo, AMS EHAM, JetBlue Airways, JetBlue, Spirit Airlines, Pratt & Whitney, Revenue Locations: Amsterdam, Netherlands, New York, Delta, America
☆ JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects
  + stars: | 2024-04-12 | by ( Hugh Son | ) www.cnbc.com   time to read: +2 min
Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC's "Squawk Box" at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. JPMorgan Chas e is scheduled to report first-quarter earnings before the opening bell Friday. Still, large banks are expected to outperform smaller ones this quarter, and expectations for JPMorgan are high. Analysts believe the bank can boost guidance for 2024 net interest income as the Federal Reserve is forced to maintain interest rate levels amid stubborn inflation data. Shares of JPMorgan have jumped 15% this year, outperforming the 3.9% gain of the KBW Bank Index.
Persons: Jamie Dimon, JPMorgan Chas, Goldman Sachs, Morgan Stanley Organizations: JPMorgan Chase, JPMorgan, LSEG Revenue, Trading, Federal Reserve, Analysts, Federal, KBW, Wells, Citigroup, Bank of America Locations: Davos, Switzerland, Wells Fargo
☆ FedEx shares tumble 12% after weaker demand hit revenue outlook
  + stars: | 2023-12-19 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
FedEx shares fell 12% Wednesday morning after the package delivery giant cut its revenue forecast as weaker demand hit sales. The company said it expects a low-single-digit decline in revenue for the fiscal year, down from a previous forecast for flat sales year over year. Analysts had expected a revenue drop of less than 1% in the current fiscal year, according to LSEG, formerly known as Refinitiv. The company's Express unit, its largest, was especially challenged in the quarter with lower demand, surcharges and customers shifting to cheaper services, FedEx said. Correction: Revenue was $22.17 billion versus $22.41 billion expected.
Persons: Raj Subramaniam Organizations: FedEx, Analysts, company's, LSEG Revenue, Revenue
☆ Salesforce shares jump on better-than-expected earnings report
  + stars: | 2023-11-29 | by ( Ari Levy | ) www.cnbc.com   time to read: +2 min
Salesforce shares rose more than 8% in extended trading on Wednesday after the cloud software vendor reported fiscal third-quarter earnings that topped analysts' estimates. Here's how the company did:Earnings: $2.11 per share, adjusted, versus the $2.06 per share expected by LSEG$2.11 per share, adjusted, versus the $2.06 per share expected by LSEG Revenue: $8.72 billion versus the $8.72 billion expected by LSEGRevenue increased 11% from $7.84 billion a year ago. In its biggest unit, which provides customer support, Salesforce saw revenue jump 12% to $2.07 billion. Salesforce shares rose to $250 after the earnings report. WATCH: Salesforce CEO Marc Benioff: When I talk to CEOs they are all Slack-first
Persons: Marc Benioff, Salesforce Organizations: Economic Cooperation, APEC, LSEG, LSEG Revenue, Nasdaq, Revenue Locations: Asia, San Francisco , California
☆ Ticketmaster parent Live Nation posts blowout earnings as Taylor Swift, Beyonce dominate
  + stars: | 2023-11-02 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +3 min
(L) Taylor Swift performs onstage during "Taylor Swift | The Eras Tour " at Paycor Stadium on June 30, 2023 in Cincinnati, Ohio. Ticketmaster parent company Live Nation Entertainment delivered its strong quarter ever, on pace for a record 2023 on the backs of concert darlings Taylor Swift and Beyoncé. Live Nation said per-fan profitability jumped double-digits, outpacing cost inflation. Live Nation expects 55 million fans will have ventured to its venues by the end of 2023, up double-digits from 49 million fans in 2022. While Beyoncé has wrapped up her Renaissance world tour, Swift is set to begin the international leg of her Eras Tour in late November.
Persons: Taylor Swift, Beyoncé, Johan Cruyff, darlings Taylor Swift, Harry Styles, Billy Joel, Stevie Nicks, Bruce Springsteen, Jonas Brothers, Carrie Underwood, Peppers, Reba McEntire, Lizzo, Swift, Pink, Bruno Mars, Foo Fighters, Ed Sheeran Organizations: Johan Cruyff Arena, Ticketmaster, Nation Entertainment, LSEG Revenue, Coldplay, Foo Locations: Cincinnati , Ohio, Amsterdam , Netherlands, Swift, SZA
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