Tag

Revenue Miss

All articles tagged with #revenue miss

Goldman Sachs posts EPS beat, but Apple Card markdowns weigh on revenue
business1 month ago

Goldman Sachs posts EPS beat, but Apple Card markdowns weigh on revenue

Goldman Sachs posted Q4 2025 EPS of $14.01 (beat) and revenue of about $13.5B (miss vs. $13.9B). The shortfall came from Apple Card markdowns linked to the pending sale of the portfolio to JPMorgan, with Platform Solutions’ negative net revenue (-$1.68B) a drag. A reserve release for credit losses ($2.48B) partially offset the markdowns, and net interest income was strong, while Global Banking & Markets and Asset & Wealth Management showed solid results.

UnitedHealth Boosts Earnings and Guidance Amid Cost Management
business4 months ago

UnitedHealth Boosts Earnings and Guidance Amid Cost Management

UnitedHealth Group beat earnings expectations with a $2.92 EPS but missed revenue targets and saw a 50% drop in operating income, driven by challenges in managing medical costs and Medicare funding. The company's UnitedHealthcare segment grew strongly, while Optum's growth slowed, raising concerns about future margins. Despite raising full-year guidance, cautious outlooks remain as management navigates ongoing headwinds, with shares rising pre-market on positive earnings and Berkshire Hathaway's new investment.

Cava Shares Drop Amid Lowered Sales Forecasts and Economic Uncertainty
business6 months ago

Cava Shares Drop Amid Lowered Sales Forecasts and Economic Uncertainty

Cava Group's stock dropped 22% after missing second-quarter revenue expectations and lowering its full-year same-store sales growth forecast to 4-6%, citing a revenue shortfall despite increased restaurant openings and earnings beat. The company opened 16 new locations in the quarter and plans to open up to 70 this year, raising pre-opening cost estimates but maintaining its EBITDA outlook.

Spotify Stock Declines Amid Mixed Earnings and Outlook
business7 months ago

Spotify Stock Declines Amid Mixed Earnings and Outlook

Spotify's stock fell over 7% after missing revenue expectations and providing weak guidance for the upcoming quarter, despite a 10% revenue increase and growth in active users and subscribers. The company cited higher costs and foreign exchange headwinds as factors, but also highlighted new AI features and expansion efforts. Shares have gained 57% this year, and Spotify has increased its share repurchase program.

Salesforce Stock Falls Amid Weak Q1 Sales and Growth Outlook
business1 year ago

Salesforce Stock Falls Amid Weak Q1 Sales and Growth Outlook

Salesforce CEO Marc Benioff discussed the company's first revenue miss since 2006, attributing it to a "measured" post-pandemic buying environment for enterprise software. Despite weaker-than-expected guidance and a revenue of $9.13 billion, Benioff highlighted the company's strong cash flow, margins, and advancements in AI capabilities for customers.

Salesforce Stock Drops 17% on Weak Sales and Forecast
business1 year ago

Salesforce Stock Drops 17% on Weak Sales and Forecast

Salesforce shares dropped 16% after the company reported its first revenue miss since 2006, with earnings and revenue falling short of Wall Street expectations. Despite an 11% year-over-year revenue increase, budget scrutiny and longer deal cycles impacted performance. Salesforce's guidance for the next quarter also trailed analyst predictions, contributing to the stock's decline.

"Costco's Quarterly Revenue Miss Leads to Worst Stock Day in Two Years"
business2 years ago

"Costco's Quarterly Revenue Miss Leads to Worst Stock Day in Two Years"

Costco's stock experienced its worst day in nearly two years after missing second-quarter revenue expectations and signaling a negative impact from lower gasoline prices. Despite the revenue miss, several brokerages raised their price targets on Costco, with the retailer's second-quarter revenue rising 6% to $58.44 billion. The company's outgoing CFO attributed the revenue miss to gasoline price deflation, which negatively impacted total reported comp sales. However, Costco's comparable sales, excluding fuel and currency fluctuations, saw a 5.8% increase, driven by strong demand for appliances and the retailer's efforts to lower prices on select products. Analysts believe that Costco's strong underlying same-store sales and ability to attract customers in an uncertain environment position it for revenue growth through strong demand, membership fees, and lower prices.

"Costco Stock Plummets Despite Earnings Beat and Online Growth"
business2 years ago

"Costco Stock Plummets Despite Earnings Beat and Online Growth"

Costco's stock plummeted over 7% after the retail chain missed second-quarter revenue expectations due to lower gasoline prices, leading to its worst day since May 2022. Despite the revenue miss, brokerages raised their price targets on Costco, with the retailer's second-quarter revenue rising 6% to $58.44 billion. The company's outgoing CFO cited gasoline price deflation as a factor impacting total reported comp sales, while a pullback in demand for higher-margin goods like appliances and electronics was also observed. However, Costco's comparable sales, excluding fuel and currency fluctuations, saw a 5.8% increase, indicating strong underlying same-store sales and good traffic into the stores.

"Anheuser-Busch InBev's Q4 Profit Drops Amid Bud Light Sales Slump"
business2 years ago

"Anheuser-Busch InBev's Q4 Profit Drops Amid Bud Light Sales Slump"

Anheuser-Busch InBev (BUD) reported a Q4 profit despite a revenue miss of $14.7 billion, attributed to recent price hikes, with adjusted earnings per share gaining $0.82. However, the company experienced a 17.3% decline in US revenue and a 2.6% drop in volume, largely due to the poor performance of Bud Light following a boycott in 2023. The CEO acknowledged the challenging year for the US business but noted gradual improvement and a market share of 38.3%.