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Financial Outlook of the Companies After the Earnings Reports -2
Financial Outlook of the Companies After the Earnings Reports -2 ; Financial Outlook of the Companies After the Earnings Reports -2
Yazar: Zack Smith
Yayınlanma: 22 Ocak 2021 22:34
Güncellenme: 7 Kasım 2024 11:12
Financial Outlook of the Companies After the Earnings Reports -2
Earnings ReportsNetflix
- With the earnings report announced by the company surpassing Wall Street's expectations and with more than 200 million subscribers, the shares of the broadcasting giant rose by 14 percent. Netflix said it will also consider stock buybacks and expects a cash flow breakout in 2021. Netflix further increased its market sentiment with support from Wells Fargo and UBS.![Netflix Has 45% Fewer Movies (and 400% More TV Shows) Than it Did in 2010 - TV[R]EV](https://i2.wp.com/tvrev.com/wp-content/uploads/2020/02/thibault-penin-AWOl7qqsffM-unsplash-scaled.jpg?fit=2560%2C1709&ssl=1)
Penn National Gaming
- Credit Suisse has covered the sports betting company with a better rating, causing the shares to gain 5 percent. Wall Street explained that the company has the potential to lead the online betting market, as well as having targeted cost savings and better-than-expected margins.
Ford Motor
- The automaker's shares gained 4.6 percent, creating a catalyst effect after Deutsche Bank added the idea for a short-term acquisition. The bank said in early February that the company's upcoming earnings report was on the rise and kept its long-term holding rating at Ford.
DraftKings
- Shares of the sports betting company gained 3.5 percent after Morgan Stanley raised the valuation of the stock from equal weight to big investment. Wall Street expects DraftKings' quarterly revenue to be 10 percent ahead of consensus, and the company to be named one of the only companies in the gambling industry that has this only business. The company will announce its earnings reports on February 25th.
Financial Outlook of the Companies After the Earnings Reports -2
Source: https://www.cnbc.com/
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