Tag Archives: estimates

Final GDP Estimates For GDPNow And Nowcast Tick Lower

GDPNow And Nowcast Forecast Early in the quarter, there was talk of a Trumpian 5% GDP in the third quarter. The low- to mid-3s is more likely. Compared to early projections, more believable GDP forecasts are now in the works, at least for GDPNow. I suspect GDPNow is still a bit high, and Nowcast more than a bit low. I ...

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Alphabet’s third-quarter profit beats estimates By Reuters

© Reuters. FILE PHOTO: A Google sign is seen during the WAIC (World Artificial Intelligence Conference) in Shanghai (Reuters) – Alphabet Inc (O:) beat Wall Street estimates for third-quarter profit on Thursday, as the search engine giant’s revenue from online advertisements soared. Net income rose to $9.19 billion, or $13.06 per Class A and B common share and Class C ...

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Ford third-quarter profit beats estimates, shares rise By Reuters

© Reuters. FILE PHOTO: A 2018 Ford F150 pick-up truck moves down the assembly line at Ford’s Dearborn Truck Plant during the 100-year celebration of the Ford River Rouge Complex in Dearborn By Nick Carey and Ben Klayman DEARBORN, Mich. (Reuters) – Ford Motor Co (N:) on Wednesday reported slightly higher than expected third-quarter profit and stuck to its targets ...

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AMD revenue forecast falls short of estimates, shares sink By Reuters

2/2 © Reuters. FILE PHOTO: Visitors look at motherboards being displayed at the AMD booth during the 2012 Computex exhibition at the TWTC Nangang exhibition hall in Taipei 2/2 (Reuters) – Advanced Micro Devices Inc (O:) on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker wrestled with waning demand from cryptocurrency miners for its high-margin graphic processors, sending its ...

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Microsoft results beat estimates on strong cloud growth By Reuters

© Reuters. FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California (Reuters) – Microsoft Corp (O:) beat Wall Street estimates for revenue and profit in its first quarter on Wednesday, as more businesses signed up for its Azure cloud computing services and Office 365 software. Microsoft shares, up more than 21 percent ...

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Verizon beats phone subscriber estimates By Reuters

© Reuters. The Verizon logo is seen on the side of a truck in New York (Reuters) – Verizon Communications Inc (N:) on Tuesday beat Wall Street estimates for net new phone subscribers who pay a monthly bill, helped by promotions for Apple Inc’s (O:) new iPhone. The largest U.S. wireless carrier by subscribers said it added a net 295,000 ...

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PayPal quarterly profit beats estimates, shares rise By Reuters

© Reuters. Illustration photo of the PayPal app on a phone By Anna Irrera NEW YORK (Reuters) – PayPal Holdings Inc (O:) on Thursday reported a third-quarter profit that beat analysts’ estimates as the company signed up more new customers and volume of payments processed rose. Net income rose to $436 million, or 36 cents per share, in the third ...

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