E.l.f. Beauty‘s growth story is still going. The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales. The company’s sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. That increase follows a staggering 76% jump in the year-ago quarter. CEO Tarang Amin … Read more
The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global‘s second-quarter revenue dropped 11% and missed analyst estimates as licensing, TV advertising and cable subscription sales dropped. Still, earnings surged as the company’s streaming division swung to an unexpected profit — the first time Paramount has … Read more
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International on Thursday reported quarterly revenue that beat analysts’ expectations, fueled by better-than-expected sales at Tim Hortons and the company’s international restaurants. “We certainly were planning … Read more
Under Armour on Thursday said quarterly sales fell 14% in North America, and adjusted its full-year profit guidance after settling a years-old securities lawsuit for $434 million. Still, the company beat Wall Street’s expectations on the top and bottom lines. Here’s how the athletic apparel company did in its first fiscal quarter compared with what … Read more
The Eli Lilly logo is shown on one of the company’s offices in San Diego, California, on Sept. 17, 2020. Mike Blake | Reuters Eli Lilly on Thursday reported second-quarter earnings and revenue that blew past expectations and hiked its full-year revenue outlook by $3 billion as sales of its blockbuster diabetes drug Mounjaro and … Read more
A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to … Read more
Life Insurance Corporation of India (LIC) will be announcing its June quarter earnings today and the country’s largest life insurer is expected to report an year-on-year jump in its annual premium equivalent (APE) by 9-33% according to estimates by a couple of brokerages. Value of its new business (VNB) is expected to go up by … Read more
15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Siemens publishes figures for fiscal year 2022/23. Photo: Karl-Josef Hildenbrand/dpa (Photo by Karl-Josef Hildenbrand/picture alliance via Getty Images) Karl-Josef Hildenbrand | Picture Alliance | Getty Images German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
JB Perrette, CEO and president of global streaming and games for Warner Bros. Discovery, speaks onstage during the Warner Bros. Discovery Upfront 2023 at The Theater at Madison Square Garden in New York City, May 17, 2023. Kevin Mazur | Getty Images Entertainment | Getty Images Warner Bros. Discovery‘s stock dropped Wednesday after it reported … Read more
