adjusted earnings
Coverage of adjusted earnings in the Nexus archive.
- Bullish Q2 adjusted earnings in line as rise in subscription revenue offsets digital asset slowdown
Q2 adjusted earnings were reported as bullish and remained in line with expectations. This financial stability was achieved because a rise in subscription revenue successfully offset a slowdown observed within digital assets.
- Cigna is raising its annual profit forecast on specialty drug strength
Cigna is raising its annual profit forecast due to strength in specialty drugs. The health company now expects full-year adjusted earnings of at least $30.45 per share, an increase of 10 cents from its previous outlook.
- Vertiv beat earnings expectations and raised its outlook — but the stock sank
Vertiv's second-quarter sales of $3.27 billion fell below analyst expectations despite adjusted earnings exceeding estimates, leading to a stock price decline. The company raised its outlook even as sales performance disappointed.
- PayPal raised its profit outlook but the stock sank on slowing margin growth
PayPal raised its full-year adjusted earnings guidance to $5.38 per share, reversing prior expectations of a decline. However, the stock price fell due to concerns over slowing margin growth.
- Levi Strauss beat earnings expectations and raised its outlook — but the stock sank
Levi Strauss exceeded adjusted earnings and revenue expectations, surpassing Wall Street forecasts. However, the company's stock price declined despite the positive financial results.
- General Mills is targeting $3 billion in cost savings by 2030 after beating quarterly earnings estimates
General Mills aims to achieve $3 billion in cost savings by 2030 after exceeding quarterly earnings estimates. The company reported adjusted earnings of 95 cents per share in its fiscal fourth quarter, surpassing analysts' expectations of 80 cents.