Ramin Talaie | fake pictures Coca-Cola is expected to report its second-quarter earnings before Tuesday’s bell. This is what Wall Street expects, based on an analyst survey by Refinitiv: Earnings per share: 40 cents expected Revenue: $ 7.18 billion expected The coronavirus pandemic has weighed on both supply and demand …
Read More »UBS earnings Q2 2020
Sergio Ermotti, CEO of UBS Group Stefan Wermuth | Bloomberg | fake pictures UBS announced a net profit of $ 1.23 billion for the second quarter of 2020, below 11% from the same period last year ($ 1.4 billion) when the coronavirus pandemic weighed on earnings. Analysts surveyed by the …
Read More »Chipotle earnings preview: digital menu exclusives could drive sales
Chipotle Mexican Grill Inc. may launch digital-only menu items that drive sales, according to UBS analysts. Chipotle CMG, + 2.42% Digital sales increased 81% in the first quarter. The company has focused on improving its online business, such as installing Chipotlanes that enable rapid digital order picking, despite the coronavirus …
Read More »IBM shares rise as earnings exceed expectations, but sales decline once again
Shares of International Business Machines Corp. gained Monday night, after the tech giant reported another decline in revenue, but produced more profits and sales than Wall Street expected amid the COVID pandemic- 19. IBM IBM, + 1.00% reported second-quarter net income of $ 1.36 billion, or $ 1.52 per share, …
Read More »IBM Q2 2020 earnings
IBM Research Senior Vice President and Director Arvind Krishna speaks onstage during the 2016 Cable Business Conference in New York on June 16, 2016. Brian Ach | fake pictures IBM shares rose more than 6% in extended trading on Monday after the company reported second-quarter earnings that were better than …
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