Earnings live: Spotify, Novo, UnitedHealth stocks slide after results; Boeing beats

Yahoo

4 days ago

Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones.
Companies had a lower bar to clear coming into the quarter, as analysts tempered their expectations amid President Trump's tariffs, stocks' lofty valuations, and uncertainty about the health of the US economy.
This week, investors will be treated to another flurry of quarterly results from Big Tech companies, including Microsoft (MSFT), Apple (AAPL), Meta (META), and Amazon (AMZN). This week's reports also include updates from Spotify (SPOT), Ford (F), Procter & Gamble (PG), Boeing (BA), Starbucks (SBUX), and Qualcomm (QCOM), among others.
Data from FactSet published Friday showed that with 34% of the index having reported results, analysts expect S&P 500 companies to report a 5.6% jump in earnings per share during the second quarter.
Heading into the quarter, analysts expected S&P 500 earnings to rise 5% in Q2, which would mark the slowest pace of earnings growth since the fourth quarter of 2023.
Here are the latest updates from corporate America.
Boeing Q2 results beat expectations as planemaker slashes costs
Boeing (BA) reported second quarter earnings on Tuesday that topped expectations — and stemmed the tide of cash burn that's plagued Boeing since early last year as CEO Kelly Ortberg continues his turnaround of the beleaguered jet maker.
Boeing reported revenue of $22.7 billion, more than the $21.68 billion analysts had forecast, according to Bloomberg data and a 35% jump compared to a year ago. Last year, the company was mired in a production slowdown stemming from the door plug blowout of an Alaska Airlines 737 Max jet.
The company posted adjusted loss per share of $1.24, less than the $1.40 that was forecast, while its operating loss tallied $176 million more than the $161.1 million estimated.
Most importantly, Boeing's cash burn rate was cut to just $200 million in Q2, a massive improvement to the $2.3 billion cash burn last quarter and the $4.3 billion cash burn seen a year ago.
Read more here.
Spotify stock sinks after Q2 earnings miss
Spotify (SPOT) shares fell as much as 10% in early premarket trading Tuesday after the audio streamer missed second quarter earnings and revenue expectations.
The results follow a remarkable 120% rally over the past year, as the stock rebounded from 2022 lows on the back of price hikes, cost cuts, and investor enthusiasm for AI and advertising.
Spotify hit a record high of $738.45 earlier this month, but shares slid to around $635 immediately following the results.
Spotify reported second quarter revenue of €4.19 billion ($4.86 billion), missing analyst expectations of €4.27 billion, though up from €3.81 billion in the same period last year.
The company posted an adjusted loss of €0.42 ($0.49) per share, sharply missing forecasts for a profit of €1.97 and down from earnings of €1.33 in Q2 2024.
"Outsized currency movements during the quarter impacted reported revenue by €104 million vs. guidance," the company said in the earnings release. Operating income also fell short of expectations, although subscriber metrics
Spotify's massive rally heading into the earnings report was fueled by a sweeping business overhaul, including layoffs, leadership changes, and a pullback from costly podcast exclusivity.
After spending $1 billion to build out its podcast business, the company has since scaled back and narrowed its focus. Still, it remains committed to the medium, paying over $100 million to creators in Q1 alone, including high-profile names like Joe Rogan and Alex Cooper.
Read more here.
Royal Caribbean lifts annual profit forecast on steady cruise demand
Royal Caribbean's (RCL) stock fell 8% on Tuesday after the cruise line forecast its current-quarter profit below estimates. The company raised its annual forecast and is banking on resilient demand for its luxury destinations.
Reuters reports:
Read more here.
Starbucks set to report 6th straight US sales decline amid turnaround efforts
Starbucks (SBUX) will report second quarter earnings after the bell on Tuesday, and the company faces several headwinds as it looks to gain traction on its turnaround efforts and as consumers pull back on coffee purchases.
Same-store sales are expected to decline once again, despite new CEO Brian Niccol's initiatives and cost-cutting efforts.
Yahoo Finance's Brooke DiPalma previews what Wall Street is watching for:
Read more here.
Stellantis to absorb $1.7 billion in tariff costs in 2025
Stellantis (STLA) shared updated first-half results after giving early numbers last week. The company said that President Trump's tariffs will cost it $1.73 billion in 2025.
Yahoo Finance's senior reporter Pras Subramanian looks into the automakers earnings further and its anticipated tariff hit:
Read more here.
P&G beats on earnings, warns of $1 billion tariff hit
The consumer goods giant, Proctor and Gamble (PG) said on Tuesday that it will see a $1 billion hit to profits in its new fiscal year as a result of tariffs.
Yahoo Finance's executive editor Brian Sozzi looks into the latest earnings report from makers of Tide and Pampers.
Read more here.
Philips soars after lifting margin outlook on softer tariff hit
Royal Philips NV (PHG) stock rose 9% before the bell on Tuesday after it increased its profitability outlook as the impact of the trade war was not as severe as it feared.
Bloomberg News reports:
Read more here.
UPS profit misses estimates on shifting US trade policy
UPS (UPS) stock fell 4% premarket on Tuesday after reporting a drop in second-quarter profit and revenue, as demand took a hit from the "de minimis" tariffs on low-value Chinese shipments. The company did not update its full year revenue and operating profit due to growing economic uncertainty.
Reuters reports:
Read more here.
Novo stock sinks as company cuts 2025 sales growth, operating profit outlook
From Reuters:
Read more here.
PayPal lifts 2025 profit forecast above estimates as turnaround picks up pace
From Reuters:
The stock was down in premarket trading.
Read more here.
UnitedHealth stock slips after muted earnings, higher-than-expected costs
Shares of UnitedHealth Group (UNH) fell over 3% after its quarterly results before the bell painted a mixed picture.
Yahoo Finance's Anjalee Khemlani reports:
Read more here.
Procter & Gamble announces new CEO ahead of quarterly results
Procter & Gamble (PG) just announced a major C-suite shakeup ahead of its quarterly earnings report, scheduled for release before the bell on Tuesday morning.
The consumer products giant said late Monday that Shailesh Jejurikar will succeed CEO Jon Moeller on Jan. 1, 2026.
Yahoo Finance's Brian Sozzi reports:
Read more here.
Spotify set to report earnings as investor optimism meets cautious guidance
Spotify (SPOT) is set to report second quarter earnings on Tuesday before the bell, and investors are weighing the music streamer's long-term monetization potential against softer near-term guidance.
Yahoo Finance's Allie Canal reports that Spotify stock has risen 120% over the past 12 months. The company's massive stock rally has followed a sweeping business overhaul, including layoffs, leadership changes, and a pullback from costly podcast exclusivity.
After spending $1 billion to build out its podcast business, the company has since scaled back and narrowed its focus. Still, it remains committed to the medium, paying over $100 million to creators in Q1 alone, including high-profile names like Joe Rogan and Alex Cooper.
Here's what Wall Street expects from the upcoming results, according to Bloomberg consensus estimates:
Read more here.
Whirlpool stock tumbles after trimming earnings guidance
Whirlpool (WHR) stock tumbled 12% after hours. The Michigan-based maker of washers and dryers reported diluted earnings of $1.17 per share on net sales of $3.7 billion. Wall Street was expecting earnings of $1.58 per share on net sales of $3.8 billion.
Investors have been watching Whirlpool, which manufactures most of its appliances in the US, as a potential winner from President Trump's tariffs.
However, the company hasn't seen the benefits of Trump's policies yet. In fact, retailers front-running expected tariffs appeared to weigh on the company's second quarter results.
"As expected, the second quarter continued to be impacted by competitors stockpiling Asian imports into the U.S.," the company said in the earnings release. "Despite this, we are well positioned in North America with a robust pipeline of new products, the industry's leading U.S. manufacturing footprint, and favorable housing demand fundamentals. We are confident in our long-term strategy and believe that evolving tariff policies will ultimately support domestic manufacturers."
Whirlpool also cut its full-year guidance to $6 to $8 a share (previously it was $10 a share) and recommended slashing its quarterly dividend to $0.90 per share from $1.75 per share.
Waste Management beats on revenue, earnings
Waste Management (WM) reported earnings and revenue that beat Wall Street expectations, sending the shares marginally higher in after-hours trading.
Earnings per share of $1.92 were ahead of estimates for earnings of $1.90 per share, while revenue of $6.43 billion exceeded estimates of $6.35 billion, per S&P Global Market Intelligence.
"Our second quarter results are a strong demonstration of our progress on all fronts," WM CEO Jim Fish said in a release. "Our Collection and Disposal business produced robust organic revenue growth and margin expansion, achieving the Company's best-ever operating expense margin."
Waste Management stock rose 0.7% following the results.
Tilray stock sinks after earnings
Tilray stock (TLRY) reversed gains, sinking over 6% after hours after the Canadian cannabis company posted mixed quarterly results.
Net revenue was $224.5 million in the fourth quarter compared to $229.9 million in the same period a year ago and $233 million estimated, per S&P Global Market Intelligence.
Tilray posted adjusted earnings of $0.02 per share, compared to expectations for flat profitability.
For its fiscal year ended May 31, 2026, Tilray expects to achieve adjusted EBITDA of $62 million to $72 million
Listen to the earnings call live here.
An earnings scorecard
Yahoo Finance's Josh Schafer reports:
Read more here.
S&P 500 hits record highs amid parade of earnings with more Big Tech results on deck
The S&P 500 (^GSPC) cleared its fifth straight record high on Friday after a busy week of earnings, headlined by reports from Google (GOOG) and (TSLA).
With 34% of S&P 500 companies having reported results, 80% have reported a positive earnings per share surprise, and 80% reported a positive revenue surprise.
Earnings season isn't slowing down just yet, however, with more major companies reporting next week. Notable companies reporting include Big Tech giants such as Microsoft (MSFT) and Apple (AAPL) and consumer-facing names like Procter & Gamble (PG) and Mastercard (MA) that can provide an updated view on consumer health.
Here's a look at the earnings calendar for the next five business days:
Monday: Tilray (TLRY), Waste Management (WM), Whirlpool (WHR)
Tuesday: Boeing (BA), Booking Holdings (BKNG), Caesars (CZR), Cheesecake Factory (CAKE), Merck (MRK), PayPal (PYPL), Procter & Gamble (PG), Spotify (SPOT), Starbucks (SBUX), SoFi (SOFI), UnitedHealth Group (UNH), UPS (UPS), Visa (V)
Wednesday: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD)
Thursday: Apple (AAPL), Amazon (AMZN), Bristol Myers Squibb (BMY), Cigna (CI), Coinbase (COIN), CVS Health (CVS), Mastercard (MA), Norwegian Cruise Line (NCLH), Reddit (RDDT), Roblox (RBLX), Roku (ROKU), Strategy (MSTR)
Friday: Chevron (CVX), Colgate-Palmolive (CL), Exxon Mobil (XOM)
Intel turnaround story could realistically take years, analyst says
Intel (INTC) stock fell 9% on Friday after the company reported quarterly results on Thursday that showed it was focused on cost-cutting.
Intel's revenue of $12.8 billion beat analyst expectations of $11.8 billion, per Bloomberg data, and the chipmaker issued an upbeat Q3 revenue forecast of between $12.6 billion and $13.6 billion.
But the company continues to face challenges as it attempts to transform into a chipmaker as well as a chip designer. As Yahoo Finance's Laura Bratton noted in our markets blog, investors focused on Intel's manufacturing roadmap instead of its headline numbers for the quarter.
Intel, once a leading global chipmaker, has fallen behind its rivals in both its own products and its attempt to manufacture chips for outside customers.
'This is a multiquarter — realistically, probably multiyear — kind of complete turnaround story before all the benefits start to show up,' TECHnalysis Research president and chief analyst Bob O'Donnell told Yahoo Finance following the report.
Boston Beer Company says strong profits helped brewer absorb tariff costs
The Boston Beer Company (SAM) reported earnings and revenue that topped analyst expectations on Thursday, and the Samuel Adams brewer maintained its earnings outlook for the year.
Profits were $5.45 per share on revenue of $625 million, versus estimates for earnings of $4.00 per share on $588 million, according to S&P Global Market Intelligence.
SAM stock popped 6% on Friday, as the company also said it expects to see lower tariff costs than previously expected.
For the full year, Boston Beer expects tariffs to weigh on costs by about $15 million to $20 million, instead of the $20 million to $30 million it previously modeled.
"Right now, I think we're very happy with the performance," Boston Beer CEO Michael Spillane said on the earnings call. "Not only that, but that's allowed us to offset some of the tariffs that we've seen so far."
Boeing (BA) reported second quarter earnings on Tuesday that topped expectations — and stemmed the tide of cash burn that's plagued Boeing since early last year as CEO Kelly Ortberg continues his turnaround of the beleaguered jet maker.
Boeing reported revenue of $22.7 billion, more than the $21.68 billion analysts had forecast, according to Bloomberg data and a 35% jump compared to a year ago. Last year, the company was mired in a production slowdown stemming from the door plug blowout of an Alaska Airlines 737 Max jet.
The company posted adjusted loss per share of $1.24, less than the $1.40 that was forecast, while its operating loss tallied $176 million more than the $161.1 million estimated.
Most importantly, Boeing's cash burn rate was cut to just $200 million in Q2, a massive improvement to the $2.3 billion cash burn last quarter and the $4.3 billion cash burn seen a year ago.
Read more here.
Spotify (SPOT) shares fell as much as 10% in early premarket trading Tuesday after the audio streamer missed second quarter earnings and revenue expectations.
The results follow a remarkable 120% rally over the past year, as the stock rebounded from 2022 lows on the back of price hikes, cost cuts, and investor enthusiasm for AI and advertising.
Spotify hit a record high of $738.45 earlier this month, but shares slid to around $635 immediately following the results.
Spotify reported second quarter revenue of €4.19 billion ($4.86 billion), missing analyst expectations of €4.27 billion, though up from €3.81 billion in the same period last year.
The company posted an adjusted loss of €0.42 ($0.49) per share, sharply missing forecasts for a profit of €1.97 and down from earnings of €1.33 in Q2 2024.
"Outsized currency movements during the quarter impacted reported revenue by €104 million vs. guidance," the company said in the earnings release. Operating income also fell short of expectations, although subscriber metrics
Spotify's massive rally heading into the earnings report was fueled by a sweeping business overhaul, including layoffs, leadership changes, and a pullback from costly podcast exclusivity.
After spending $1 billion to build out its podcast business, the company has since scaled back and narrowed its focus. Still, it remains committed to the medium, paying over $100 million to creators in Q1 alone, including high-profile names like Joe Rogan and Alex Cooper.
Read more here.
Royal Caribbean lifts annual profit forecast on steady cruise demand
Royal Caribbean's (RCL) stock fell 8% on Tuesday after the cruise line forecast its current-quarter profit below estimates. The company raised its annual forecast and is banking on resilient demand for its luxury destinations.
Reuters reports:
Read more here.
Royal Caribbean's (RCL) stock fell 8% on Tuesday after the cruise line forecast its current-quarter profit below estimates. The company raised its annual forecast and is banking on resilient demand for its luxury destinations.
Reuters reports:
Read more here.
Starbucks set to report 6th straight US sales decline amid turnaround efforts
Starbucks (SBUX) will report second quarter earnings after the bell on Tuesday, and the company faces several headwinds as it looks to gain traction on its turnaround efforts and as consumers pull back on coffee purchases.
Same-store sales are expected to decline once again, despite new CEO Brian Niccol's initiatives and cost-cutting efforts.
Yahoo Finance's Brooke DiPalma previews what Wall Street is watching for:
Read more here.
Starbucks (SBUX) will report second quarter earnings after the bell on Tuesday, and the company faces several headwinds as it looks to gain traction on its turnaround efforts and as consumers pull back on coffee purchases.
Same-store sales are expected to decline once again, despite new CEO Brian Niccol's initiatives and cost-cutting efforts.
Yahoo Finance's Brooke DiPalma previews what Wall Street is watching for:
Read more here.
Stellantis to absorb $1.7 billion in tariff costs in 2025
Stellantis (STLA) shared updated first-half results after giving early numbers last week. The company said that President Trump's tariffs will cost it $1.73 billion in 2025.
Yahoo Finance's senior reporter Pras Subramanian looks into the automakers earnings further and its anticipated tariff hit:
Read more here.
Stellantis (STLA) shared updated first-half results after giving early numbers last week. The company said that President Trump's tariffs will cost it $1.73 billion in 2025.
Yahoo Finance's senior reporter Pras Subramanian looks into the automakers earnings further and its anticipated tariff hit:
Read more here.
P&G beats on earnings, warns of $1 billion tariff hit
The consumer goods giant, Proctor and Gamble (PG) said on Tuesday that it will see a $1 billion hit to profits in its new fiscal year as a result of tariffs.
Yahoo Finance's executive editor Brian Sozzi looks into the latest earnings report from makers of Tide and Pampers.
Read more here.
The consumer goods giant, Proctor and Gamble (PG) said on Tuesday that it will see a $1 billion hit to profits in its new fiscal year as a result of tariffs.
Yahoo Finance's executive editor Brian Sozzi looks into the latest earnings report from makers of Tide and Pampers.
Read more here.
Philips soars after lifting margin outlook on softer tariff hit
Royal Philips NV (PHG) stock rose 9% before the bell on Tuesday after it increased its profitability outlook as the impact of the trade war was not as severe as it feared.
Bloomberg News reports:
Read more here.
Royal Philips NV (PHG) stock rose 9% before the bell on Tuesday after it increased its profitability outlook as the impact of the trade war was not as severe as it feared.
Bloomberg News reports:
Read more here.
UPS profit misses estimates on shifting US trade policy
UPS (UPS) stock fell 4% premarket on Tuesday after reporting a drop in second-quarter profit and revenue, as demand took a hit from the "de minimis" tariffs on low-value Chinese shipments. The company did not update its full year revenue and operating profit due to growing economic uncertainty.
Reuters reports:
Read more here.
UPS (UPS) stock fell 4% premarket on Tuesday after reporting a drop in second-quarter profit and revenue, as demand took a hit from the "de minimis" tariffs on low-value Chinese shipments. The company did not update its full year revenue and operating profit due to growing economic uncertainty.
Reuters reports:
Read more here.
Novo stock sinks as company cuts 2025 sales growth, operating profit outlook
From Reuters:
Read more here.
From Reuters:
Read more here.
PayPal lifts 2025 profit forecast above estimates as turnaround picks up pace
From Reuters:
The stock was down in premarket trading.
Read more here.
From Reuters:
The stock was down in premarket trading.
Read more here.
UnitedHealth stock slips after muted earnings, higher-than-expected costs
Shares of UnitedHealth Group (UNH) fell over 3% after its quarterly results before the bell painted a mixed picture.
Yahoo Finance's Anjalee Khemlani reports:
Read more here.
Shares of UnitedHealth Group (UNH) fell over 3% after its quarterly results before the bell painted a mixed picture.
Yahoo Finance's Anjalee Khemlani reports:
Read more here.
Procter & Gamble announces new CEO ahead of quarterly results
Procter & Gamble (PG) just announced a major C-suite shakeup ahead of its quarterly earnings report, scheduled for release before the bell on Tuesday morning.
The consumer products giant said late Monday that Shailesh Jejurikar will succeed CEO Jon Moeller on Jan. 1, 2026.
Yahoo Finance's Brian Sozzi reports:
Read more here.
Procter & Gamble (PG) just announced a major C-suite shakeup ahead of its quarterly earnings report, scheduled for release before the bell on Tuesday morning.
The consumer products giant said late Monday that Shailesh Jejurikar will succeed CEO Jon Moeller on Jan. 1, 2026.
Yahoo Finance's Brian Sozzi reports:
Read more here.
Spotify set to report earnings as investor optimism meets cautious guidance
Spotify (SPOT) is set to report second quarter earnings on Tuesday before the bell, and investors are weighing the music streamer's long-term monetization potential against softer near-term guidance.
Yahoo Finance's Allie Canal reports that Spotify stock has risen 120% over the past 12 months. The company's massive stock rally has followed a sweeping business overhaul, including layoffs, leadership changes, and a pullback from costly podcast exclusivity.
After spending $1 billion to build out its podcast business, the company has since scaled back and narrowed its focus. Still, it remains committed to the medium, paying over $100 million to creators in Q1 alone, including high-profile names like Joe Rogan and Alex Cooper.
Here's what Wall Street expects from the upcoming results, according to Bloomberg consensus estimates:
Read more here.
Spotify (SPOT) is set to report second quarter earnings on Tuesday before the bell, and investors are weighing the music streamer's long-term monetization potential against softer near-term guidance.
Yahoo Finance's Allie Canal reports that Spotify stock has risen 120% over the past 12 months. The company's massive stock rally has followed a sweeping business overhaul, including layoffs, leadership changes, and a pullback from costly podcast exclusivity.
After spending $1 billion to build out its podcast business, the company has since scaled back and narrowed its focus. Still, it remains committed to the medium, paying over $100 million to creators in Q1 alone, including high-profile names like Joe Rogan and Alex Cooper.
Here's what Wall Street expects from the upcoming results, according to Bloomberg consensus estimates:
Read more here.
Whirlpool stock tumbles after trimming earnings guidance
Whirlpool (WHR) stock tumbled 12% after hours. The Michigan-based maker of washers and dryers reported diluted earnings of $1.17 per share on net sales of $3.7 billion. Wall Street was expecting earnings of $1.58 per share on net sales of $3.8 billion.
Investors have been watching Whirlpool, which manufactures most of its appliances in the US, as a potential winner from President Trump's tariffs.
However, the company hasn't seen the benefits of Trump's policies yet. In fact, retailers front-running expected tariffs appeared to weigh on the company's second quarter results.
"As expected, the second quarter continued to be impacted by competitors stockpiling Asian imports into the U.S.," the company said in the earnings release. "Despite this, we are well positioned in North America with a robust pipeline of new products, the industry's leading U.S. manufacturing footprint, and favorable housing demand fundamentals. We are confident in our long-term strategy and believe that evolving tariff policies will ultimately support domestic manufacturers."
Whirlpool also cut its full-year guidance to $6 to $8 a share (previously it was $10 a share) and recommended slashing its quarterly dividend to $0.90 per share from $1.75 per share.
Whirlpool (WHR) stock tumbled 12% after hours. The Michigan-based maker of washers and dryers reported diluted earnings of $1.17 per share on net sales of $3.7 billion. Wall Street was expecting earnings of $1.58 per share on net sales of $3.8 billion.
Investors have been watching Whirlpool, which manufactures most of its appliances in the US, as a potential winner from President Trump's tariffs.
However, the company hasn't seen the benefits of Trump's policies yet. In fact, retailers front-running expected tariffs appeared to weigh on the company's second quarter results.
"As expected, the second quarter continued to be impacted by competitors stockpiling Asian imports into the U.S.," the company said in the earnings release. "Despite this, we are well positioned in North America with a robust pipeline of new products, the industry's leading U.S. manufacturing footprint, and favorable housing demand fundamentals. We are confident in our long-term strategy and believe that evolving tariff policies will ultimately support domestic manufacturers."
Whirlpool also cut its full-year guidance to $6 to $8 a share (previously it was $10 a share) and recommended slashing its quarterly dividend to $0.90 per share from $1.75 per share.
Waste Management beats on revenue, earnings
Waste Management (WM) reported earnings and revenue that beat Wall Street expectations, sending the shares marginally higher in after-hours trading.
Earnings per share of $1.92 were ahead of estimates for earnings of $1.90 per share, while revenue of $6.43 billion exceeded estimates of $6.35 billion, per S&P Global Market Intelligence.
"Our second quarter results are a strong demonstration of our progress on all fronts," WM CEO Jim Fish said in a release. "Our Collection and Disposal business produced robust organic revenue growth and margin expansion, achieving the Company's best-ever operating expense margin."
Waste Management stock rose 0.7% following the results.
Waste Management (WM) reported earnings and revenue that beat Wall Street expectations, sending the shares marginally higher in after-hours trading.
Earnings per share of $1.92 were ahead of estimates for earnings of $1.90 per share, while revenue of $6.43 billion exceeded estimates of $6.35 billion, per S&P Global Market Intelligence.
"Our second quarter results are a strong demonstration of our progress on all fronts," WM CEO Jim Fish said in a release. "Our Collection and Disposal business produced robust organic revenue growth and margin expansion, achieving the Company's best-ever operating expense margin."
Waste Management stock rose 0.7% following the results.
Tilray stock sinks after earnings
Tilray stock (TLRY) reversed gains, sinking over 6% after hours after the Canadian cannabis company posted mixed quarterly results.
Net revenue was $224.5 million in the fourth quarter compared to $229.9 million in the same period a year ago and $233 million estimated, per S&P Global Market Intelligence.
Tilray posted adjusted earnings of $0.02 per share, compared to expectations for flat profitability.
For its fiscal year ended May 31, 2026, Tilray expects to achieve adjusted EBITDA of $62 million to $72 million
Listen to the earnings call live here.
Tilray stock (TLRY) reversed gains, sinking over 6% after hours after the Canadian cannabis company posted mixed quarterly results.
Net revenue was $224.5 million in the fourth quarter compared to $229.9 million in the same period a year ago and $233 million estimated, per S&P Global Market Intelligence.
Tilray posted adjusted earnings of $0.02 per share, compared to expectations for flat profitability.
For its fiscal year ended May 31, 2026, Tilray expects to achieve adjusted EBITDA of $62 million to $72 million
Listen to the earnings call live here.
An earnings scorecard
Yahoo Finance's Josh Schafer reports:
Read more here.
Yahoo Finance's Josh Schafer reports:
Read more here.
S&P 500 hits record highs amid parade of earnings with more Big Tech results on deck
The S&P 500 (^GSPC) cleared its fifth straight record high on Friday after a busy week of earnings, headlined by reports from Google (GOOG) and (TSLA).
With 34% of S&P 500 companies having reported results, 80% have reported a positive earnings per share surprise, and 80% reported a positive revenue surprise.
Earnings season isn't slowing down just yet, however, with more major companies reporting next week. Notable companies reporting include Big Tech giants such as Microsoft (MSFT) and Apple (AAPL) and consumer-facing names like Procter & Gamble (PG) and Mastercard (MA) that can provide an updated view on consumer health.
Here's a look at the earnings calendar for the next five business days:
Monday: Tilray (TLRY), Waste Management (WM), Whirlpool (WHR)
Tuesday: Boeing (BA), Booking Holdings (BKNG), Caesars (CZR), Cheesecake Factory (CAKE), Merck (MRK), PayPal (PYPL), Procter & Gamble (PG), Spotify (SPOT), Starbucks (SBUX), SoFi (SOFI), UnitedHealth Group (UNH), UPS (UPS), Visa (V)
Wednesday: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD)
Thursday: Apple (AAPL), Amazon (AMZN), Bristol Myers Squibb (BMY), Cigna (CI), Coinbase (COIN), CVS Health (CVS), Mastercard (MA), Norwegian Cruise Line (NCLH), Reddit (RDDT), Roblox (RBLX), Roku (ROKU), Strategy (MSTR)
Friday: Chevron (CVX), Colgate-Palmolive (CL), Exxon Mobil (XOM)
The S&P 500 (^GSPC) cleared its fifth straight record high on Friday after a busy week of earnings, headlined by reports from Google (GOOG) and (TSLA).
With 34% of S&P 500 companies having reported results, 80% have reported a positive earnings per share surprise, and 80% reported a positive revenue surprise.
Earnings season isn't slowing down just yet, however, with more major companies reporting next week. Notable companies reporting include Big Tech giants such as Microsoft (MSFT) and Apple (AAPL) and consumer-facing names like Procter & Gamble (PG) and Mastercard (MA) that can provide an updated view on consumer health.
Here's a look at the earnings calendar for the next five business days:
Monday: Tilray (TLRY), Waste Management (WM), Whirlpool (WHR)
Tuesday: Boeing (BA), Booking Holdings (BKNG), Caesars (CZR), Cheesecake Factory (CAKE), Merck (MRK), PayPal (PYPL), Procter & Gamble (PG), Spotify (SPOT), Starbucks (SBUX), SoFi (SOFI), UnitedHealth Group (UNH), UPS (UPS), Visa (V)
Wednesday: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD)
Thursday: Apple (AAPL), Amazon (AMZN), Bristol Myers Squibb (BMY), Cigna (CI), Coinbase (COIN), CVS Health (CVS), Mastercard (MA), Norwegian Cruise Line (NCLH), Reddit (RDDT), Roblox (RBLX), Roku (ROKU), Strategy (MSTR)
Friday: Chevron (CVX), Colgate-Palmolive (CL), Exxon Mobil (XOM)
Intel turnaround story could realistically take years, analyst says
Intel (INTC) stock fell 9% on Friday after the company reported quarterly results on Thursday that showed it was focused on cost-cutting.
Intel's revenue of $12.8 billion beat analyst expectations of $11.8 billion, per Bloomberg data, and the chipmaker issued an upbeat Q3 revenue forecast of between $12.6 billion and $13.6 billion.
But the company continues to face challenges as it attempts to transform into a chipmaker as well as a chip designer. As Yahoo Finance's Laura Bratton noted in our markets blog, investors focused on Intel's manufacturing roadmap instead of its headline numbers for the quarter.
Intel, once a leading global chipmaker, has fallen behind its rivals in both its own products and its attempt to manufacture chips for outside customers.
'This is a multiquarter — realistically, probably multiyear — kind of complete turnaround story before all the benefits start to show up,' TECHnalysis Research president and chief analyst Bob O'Donnell told Yahoo Finance following the report.
Intel (INTC) stock fell 9% on Friday after the company reported quarterly results on Thursday that showed it was focused on cost-cutting.
Intel's revenue of $12.8 billion beat analyst expectations of $11.8 billion, per Bloomberg data, and the chipmaker issued an upbeat Q3 revenue forecast of between $12.6 billion and $13.6 billion.
But the company continues to face challenges as it attempts to transform into a chipmaker as well as a chip designer. As Yahoo Finance's Laura Bratton noted in our markets blog, investors focused on Intel's manufacturing roadmap instead of its headline numbers for the quarter.
Intel, once a leading global chipmaker, has fallen behind its rivals in both its own products and its attempt to manufacture chips for outside customers.
'This is a multiquarter — realistically, probably multiyear — kind of complete turnaround story before all the benefits start to show up,' TECHnalysis Research president and chief analyst Bob O'Donnell told Yahoo Finance following the report.
Boston Beer Company says strong profits helped brewer absorb tariff costs
The Boston Beer Company (SAM) reported earnings and revenue that topped analyst expectations on Thursday, and the Samuel Adams brewer maintained its earnings outlook for the year.
Profits were $5.45 per share on revenue of $625 million, versus estimates for earnings of $4.00 per share on $588 million, according to S&P Global Market Intelligence.
SAM stock popped 6% on Friday, as the company also said it expects to see lower tariff costs than previously expected.
For the full year, Boston Beer expects tariffs to weigh on costs by about $15 million to $20 million, instead of the $20 million to $30 million it previously modeled.
"Right now, I think we're very happy with the performance," Boston Beer CEO Michael Spillane said on the earnings call. "Not only that, but that's allowed us to offset some of the tariffs that we've seen so far."
The Boston Beer Company (SAM) reported earnings and revenue that topped analyst expectations on Thursday, and the Samuel Adams brewer maintained its earnings outlook for the year.
Profits were $5.45 per share on revenue of $625 million, versus estimates for earnings of $4.00 per share on $588 million, according to S&P Global Market Intelligence.
SAM stock popped 6% on Friday, as the company also said it expects to see lower tariff costs than previously expected.
For the full year, Boston Beer expects tariffs to weigh on costs by about $15 million to $20 million, instead of the $20 million to $30 million it previously modeled.
"Right now, I think we're very happy with the performance," Boston Beer CEO Michael Spillane said on the earnings call. "Not only that, but that's allowed us to offset some of the tariffs that we've seen so far."