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Meta — The technology stock soared more than 14% after posting better-than-expected fourth-quarter earnings of $5.33 per share on revenue of $40.11 billion. That exceeded the earnings of $4.96 per share on $39.18 billion in revenue LSEG had expected. Deckers' revenue of $1.56 billion also surpassed the $1.45 billion LSEG had forecast. Skechers is calling for 2024 revenue of $8.6 billion to $8.8 billion and earnings of $3.65 to $3.85 per share. Meanwhile, Coursera reported revenue of $168.9 million, higher than the $164.1 million consensus.
Persons: Dave Powers, Stefano Caroti, Skechers, LSEG, Clorox, Coursera, FactSet, — CNBC's Alexander Harring, Darla Mercado Organizations: FactSet, LSEG, Columbia, Apple Locations: Columbia, China
The first time he laid eyes on the shoes that would be worth billions of dollars, Stefano Caroti wasn’t sure what he was looking at. But there was one thing the Deckers Outdoor footwear executive did know about this pair of colorful and chunky sneakers that went by the name of Hoka.
Persons: Stefano Caroti wasn’t
Total: 2