, with quarterly earnings of $1.07 per share. Revenue came in above estimates as well. PepsiCo is joining those withdrawing its outlook due to pandemic-related uncertainties. The company said it still expects to buy back $2 billion in shares this year and pay $5.5 billion in dividends. – The motorcycle maker earned 45 cents per share for its latest quarter, 4 cents a share above estimates. Revenue was slightly above forecasts.
Harley also suspended share repurchases, and cut its quarterly dividend to 2 cents a share from 38 cents a share. – The home builder beat consensus forecasts by 18 cents a share, with quarterly profit of $1.30 per share. Revenue was also above estimates. The company said sales and profits are slowing, however, and cancellations are increasing due to the coronavirus pandemic. – Boeing will resume production of its 787 Dreamliner aircraft at its South Carolina factory on May 4.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3M to Cut Costs as Business Cools Beyond Masks3M, maker of the coveted N95 face masks used by workers treating coronavirus patients, said sales grew in its medical business while a deepening industrial downturn weighed on its results overall. ChineseVirus 3M sells a lot of other items too. Not surprising. Look at our hospitalizations & first responders and I’m sure they’ve some international customers too. Sold 100,000,000 I’ll bet.
Source: WSJ - 🏆 98. / 63 Read more »
3M set to report earnings before the bell amid spike in N95 mask demandWall Street is eager to pore over 3M's first-quarter earnings amid the Covid-19 outbreak and historic demand for N95 masks. only the super rich suits matter they have deep pockets fuck the lower classes they can die because they dont have deep pockets
Source: CNBC - 🏆 12. / 72 Read more »
5 things to know before the stock market opens TuesdayStocks are set to advance as Dow stocks 3M, Caterpillar and Pfizer rise on earnings and U.S. oil prices come off their lows.
Source: CNBC - 🏆 12. / 72 Read more »
Caterpillar is about to report earnings, and Oppenheimer sees stock stabilizingCaterpillar is set to report earnings, one of the largest industrials stocks to give insight into how the coronavirus pandemic has hit the sector. TradingNation TradingNation Upside? For Cat? In 2020? Yeah right.
Source: CNBC - 🏆 12. / 72 Read more »
Analysts downgrade several stocks, including Amazon and Caterpillar, as Wall Street's dismal earnings season continuesNew for subscribers: Analysts downgrade several stocks, including Amazon and Caterpillar, as Wall Street's dismal earnings season continues Check out CNBCPro for a free trial. Pro How can Amazon be downgraded when their business is booming right now? Pro mr_jettlife Pro But we have the Fed. Nothing else matters
Source: CNBC - 🏆 12. / 72 Read more »