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Earnings Projection

All articles tagged with #earnings projection

business1 year ago•1 min saved

"DoorDash Exceeds Expectations with Strong 2024 Profit Projections and Revenue Growth"

DoorDash projects upbeat 2024 core profit, with annual adjusted EBITDA expected to be between $1.5 billion and $1.9 billion, driven by a 23% increase in total orders in the fourth quarter. The company's revenue rose 26.7% to $2.30 billion, beating estimates, and it also authorized up to $1.1 billion in share repurchases. DoorDash's growth in market share is attributed to partnerships with companies like Best Buy and Victoria's Secret, expanding beyond its core restaurant delivery business.

via Yahoo Finance|

#business #doordash #earnings-projection

finance2 years ago•0 min saved

"Nvidia: The Undeniable AI Powerhouse in the Stock Market"

Despite its significant rise in stock price this year, Nvidia is still considered a value stock by some analysts. Trading at only a modest premium compared to other AI-related stocks, Nvidia's current valuation is 28 times the consensus earnings projection for 2024, according to Melius Research analyst Ben Reitzes.

via The Wall Street Journal|

#ai #chipmaker #earnings-projection

business2 years ago•1 min saved

CVS Health's Mixed Q1 Results: Beats Earnings Expectations but Lowers Profit Outlook.

CVS Health reported higher revenue in Q1 but downgraded its earnings projection for the year due to the impact of its recent acquisitions, including the $70 billion takeover of Aetna in 2018. The company, which owns one of the country's biggest health insurers and a national network of retail pharmacies, is investing billions into primary-care practices as it takes on a bigger role in treating patients.

via The Wall Street Journal|

#acquisitions #business #cvs-health