revenue

April 19, 2024

Netflix raised to Buy at Needham & Company on revenue upside

On Friday, Netflix (NASDAQ:NFLX) received an upgrade to \’Buy\’ from \’Hold\’ by Needham, with the firm setting a new price target of $700 for the streaming giant\’s stock. The upgrade follows Netflix\’s first-quarter earnings release, which showcased a revenue of $9.4 billion, marking a 15% year-over-year increase and surpassing estimates by 1%. The company\’s GAAP earnings per share (EPS) also rose significantly by 83% year-over-year to $5.28, exceeding estimates by 18%.

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April 19, 2024

Schlumberger earnings in-line, revenue beats expectations

Schlumberger (NYSE:SLB), a leading oilfield services company, reported first-quarter earnings per share (EPS) of $0.75, meeting analysts\’ estimates, according to a recent press release. The company\’s revenue reached $8.71 billion, slightly above the consensus estimate of $8.7 billion, marking a 13% increase from the same quarter last year.

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April 19, 2024

Procter & Gamble revenue falls short of expectations, raises full-year earnings guidance

Procter & Gamble (NYSE:PG) reported third-quarter earnings that surpassed analysts\’ expectations, with adjusted earnings per share (EPS) of $1.52, which was $0.11 higher than the consensus estimate of $1.41. However, the company experienced a slight setback as revenue for the quarter was reported at $20.2 billion, falling short of the analysts\’ consensus of $20.44 billion. The stock responded with a modest decline of 1.2%, reflecting investor reaction to the revenue miss.

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