Category Archives: Earnings

Earnings

Revenue jumps 17% in first half of 2022

Lego Star Wars toys sit on display inside a Toys “R” Us Inc. store in Paramus, New Jersey, U.S., on Tuesday, Nov. 26, 2019. Bloomberg | Getty Images Lego sales are building on pandemic-era growth, boosted by popular sets from Lego Star Wars and Lego Harry Potter. On Wednesday, the privately held Danish toymaker said… Read More »

FedEx (FDX) reports Q1 earnings

FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last week that its fiscal first quarter results were hit by weakening global demand. Shares of FedEx closed slightly higher after the earnings announcement, which was unintentionally released before the bell. “The early earnings release was a tech issue… Read More »

FedEx (FDX) earnings Q1 2023 shares fall

Shares of FedEx closed down more than 21% Friday after the company posted bleak preliminary earnings, citing weakening demand in global shipment volumes. The shipping giant late Thursday also withdrew its full-year guidance and announced significant cost-cutting measures. The drop in its share price wiped around $11 billion off the company’s market capitalization. “Global volumes… Read More »

Oracle (ORCL) earnings Q1 2023

Oracle reported revenue that met expectations on Monday, while earnings and quarterly guidance came in below analysts’ estimates. Revenue climbed 18% in the quarter from a year earlier, thanks to a contribution from recently acquired software maker Cerner. Here’s how the company did: Earnings: $1.03 per share, adjusted, vs. $1.07 per share as expected by… Read More »

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