, but Wall Street analysts were largely positive on the results, which beat expectations.
The company reported $38.3 billion in revenue for the quarter, the first quarterly decline in the company's history but still above an expected $37.4 billion, according to Refinitiv. Shares dropped more than 4% during Friday's session even after several top analysts raised their price targets.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Comcast is set to report earnings before the bell — here's what Wall Street expectsThis is the first earnings report since Comcast's NBCUniversal has launched its new ad-supported streaming service, Peacock. Commiecast It's been doing the to and fro until last few months. Nice! Also nice is the squawk sandwich today: a little of Andrew, a little of Becky, mucho of Wilfred umm
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Wall Street Analysts Bullish on Victoria’s Secret Parent CompanyL Brands’ stock surged more than 35 percent after the retailer laid out plans to save the company roughly $400 million annually.
Sumber: wwd - 🏆 24. / 68 Baca lebih lajut »
Ford beats Wall Street earnings expectations after coronavirus shuttered factoriesFord CFO Tim Stone warned investors in April that the company expected to lose more than $5 billion, on an adjusted pretax basis, during the second quarter.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »