— Shares of the casino operator gained more than 4% after Las Vegas Sands released its latest quarterly results. The company lost 19 cents per share on revenue of $1.12 billion. Analysts expected a loss of 9 cents per share on revenue of $1.18 billion. However, the company's adjusted property EBITDA of $329 million beat a StreetAccount forecast of $319 million.— IBM beat quarterly earnings and revenue forecasts, but the stock fell more than 2%.
Company management said it expects constant currency revenue for 2023 to be consistent with its mid-single digit model. IBM also said it would cut nearly 4,000 jobs, or roughly 1.5% of its workforce.— CSX reported earnings and revenue figures that just beat analyst expectations, but the stock slipped 0.2%. The rail-freight company earned 49 cents per share on revenue of $3.73 billion. Analysts polled by Refinitiv expected earnings of 46 cents per share on revenue of $3.72 billion.
$CVX All time highs are in. Be smart and get the hell out of oil companies before their stocks tank.
Boycott Tesla
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »