Electronic Arts (EA) has been dealt a significant blow, revealing a drastic revision in its full-year bookings guidance amid disappointing performance from its flagship titles. The gaming giant announced this adjustment on a recent Wednesday, attributing the decline primarily to the underwhelming sales of its soccer game, EA Sports FC. This announcement spooked investors, leading
Earnings
Goldman Sachs is set to unveil its fourth-quarter earnings report on Wednesday, and the financial world is abuzz with expectations. Analysts project earnings of $8.22 per share and a revenue total of approximately $12.39 billion, as articulated by LSEG. These figures reflect a broader optimism surrounding the bank, stemming largely from renewed activity in Wall
Taiwan Semiconductor Manufacturing Company (TSMC) recently announced its fourth-quarter results, which highlighted the firm’s impressive financial performance that surpassed market expectations. The company reported net revenue of 868.46 billion New Taiwan dollars (approximately $26.36 billion) compared to the anticipated 850.08 billion New Taiwan dollars. Furthermore, its net income reached NT$374.68 billion, exceeding the predicted NT$366.61
Morgan Stanley’s recent earnings report for the fourth quarter has turned heads in the financial sector, showcasing a remarkable performance that exceeded analysts’ predictions on multiple fronts. The firm reported earnings of $2.22 per share, significantly surpassing the estimated $1.70 by LSEG. Revenue figures also impressed, rising to $16.22 billion versus the anticipated $15.03 billion.
Apple Inc., one of the most influential players in the technology sector, is witnessing fluctuations in its stock value that prompt a closer examination of its immediate future. Recently, investment firm Evercore ISI added Apple to its tactical outperform list—a decision made just a day after the stock experienced its poorest performance since early August.
On Thursday, Bank of America released its fourth-quarter financial results, revealing a significant profit surge that exceeded analysts’ expectations. The bank reported earnings of 82 cents per share, surpassing the anticipated 77 cents according to LSEG figures. This impressive performance marks more than a doubling in profits to $6.67 billion compared to the previous year,
Wells Fargo recently reported its fourth-quarter earnings, revealing a mixed bag of results that have attracted significant market interest. Despite a slight year-over-year dip in total revenue of 0.5%, bringing it down to $20.38 billion, the bank’s adjusted earnings per share of $1.58 exceeded analyst expectations, showcasing a resilience that caught investors’ attention. The stock
Citigroup’s recent announcement of its fourth-quarter earnings marks a notable recovery for the banking giant, releasing results that surpassed the expectations of Wall Street analysts. Shares saw a considerable uptick, climbing over 2% in premarket trading, reflecting investor confidence in the figures reported. The bank reported earnings of $1.34 per share against the anticipated $1.22,