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Keurig Dr Pepper’s Second-Quarter Earnings Beat Expectations

Keurig Dr Pepper’s Second-Quarter Earnings Beat Expectations

Keurig Dr Pepper (KDP) on Thursday reported second-quarter earnings that beat expectations, led higher by a higher gross margin rate that also beat views. The company said adjusted diluted per-share earnings in the quarter ended June 30 rose to $0.30 from adjusted pro forma diluted EPS of $0.26 in the prior-year period. Capital IQ’s consensus was for $0.29. Net sales […]

Booz Allen Hamilton Reports Better-Than-Expected Fiscal First Quarter

Booz Allen Hamilton Reports Better-Than-Expected Fiscal First Quarter

Booz Allen Hamilton (BAH), a technology and management consulting firm, reported better-than-expected results for its fiscal 2020 first quarter as revenue from its biggest client, the US government, advanced. Total revenue rose to $1.83 billion from $1.65 billion in the same period of last year, ahead of the consensus on Capital IQ for $1.79 billion, amid strength in client demand […]

Expedia Second-Quarter Results Beat Expectations

Expedia Second-Quarter Results Beat Expectations

Online travel booking website Expedia (EXPE) posted better-than-expected revenue and earnings for its fiscal second quarter after markets closed on Thursday, buoyed by high-singe digit growth in gross bookings. The Bellevue, Wash.-headquartered company reported revenue of $3.15 billion in the three months ended June 30, up 9% from the corresponding quarter of the prior year. This also exceeded the consensus […]

Chipotle Mexican Grill Lifts Full-Year Revenue Forecast

Chipotle Mexican Grill Lifts Full-Year Revenue Forecast

Chipotle Mexican Grill (CMG), a chain of fast-food restaurants, reported late on Tuesday second-quarter results that beat guidance, with the company raising its revenue outlook for the full-year 2019. Revenue increased by 13.2% to $1.43 billion during the three months that ended June 30, from $1.27 billion a year ago, beating the $1.41 billion average analyst estimate compiled by Capital […]

Microsoft Fourth-Quarter Beats Expectations

Microsoft Fourth-Quarter Beats Expectations

Microsoft (MSFT) posted better-than-expected results for its fiscal fourth-quarter as recurring subscription revenue and transactional strength in Japan drove growth in its Office Consumer Products and Cloud Services offering while sales from its Server Products soared. The Redmond, Wash.-based technology major, which returned $7.7 billion to shareholders during the period, generated $33.72 billion in revenue during the fiscal fourth quarter […]