Apple offers breadcrumbs for a forecast, but is that enough to reassure Wall Street?

Apple Inc.’s breadcrumbs lead back to a familiar place: The iPhone is all that matters. After posting its largest revenue decline in more than six years — led by underwhelming iPhone sales — in its fiscal first-quarter earnings report Thursday, Apple once again refused to provide a traditional forecast for the coming quarter or year. … Read more

Bill.com stock drops 20% as weak revenue forecast overshadows earnings beat

Bill.com Holdings Inc. shares dropped in the extended session Thursday after the business automation software company’s revenue outlook struggled to exceed Wall Street expectations. Bill.com BILL, +8.18% shares fell as much as 20% after hours, following an 8.2% gain in the regular session to close at $128.91. The company reported a second-quarter loss of $95.1 … Read more

Sony profit falls as movie business earnings weaken and cuts revenue forecast

Sony Group Corp.’s third-quarter net profit fell 5.6% from a year earlier due to weaker earnings from its movie business, it said Thursday. The Japanese electronics and entertainment company SONY, +0.10% 6758, +0.17% said that net profit for the quarter ended Dec. 31 fell to 326.81 billion yen ($2.53 billion) from Y346.16 billion a year … Read more

Electronic Arts stock plunges 7% after delayed ‘Star Wars’ game damages forecast

Electronic Arts Inc.’s earnings and revenue from the prior year were previously incorrect. They have been updated. Electronic Arts Inc. disappointed investors with its holiday sales and earnings Tuesday, and executives moved a big game launch to next fiscal year, leading to a forecast that is drastically less than Wall Street expected. EA EA, -0.24% … Read more

Royal KPN posts forecast beating profit, begins $325.5 million share buyback program

Royal KPN NV on Tuesday reported a 21% rise in fourth-quarter net profit that beat forecasts, and said it has started a new 300 million-euro ($325.5 million) share buyback program. The Dutch telecommunications operator KPN, +0.92% made a net profit for the quarter of EUR190 million compared with EUR157 million for the same period a … Read more

Ryanair swings to forecast-beating profit, backs full-year forecast

Ryanair Holdings PLC on Monday reported a swing to third quarter adjusted post tax profit, which was slightly ahead of guidance provided at the start of the month, and backed its full year forecast. The Irish budget airline RYA, +2.51% added that it still expects to report a fourth quarter loss due to the absence … Read more

Bank of England and European Central Bank both forecast to raise interest rates by half-point, narrowing differential with the U.S.

The Bank of England and the European Central Bank are forecast to lift their main interest rates by a half percentage point on Thursday, in what will likely narrow the differential between their rates and that of the U.S. Federal Reserve. The Bank of England is forecast to take interest rates to 4% from 3.5%, … Read more

Levi’s gives upbeat sales forecast — while leaning less on jeans

Shares of Levi Strauss & Co. rallied after hours on Wednesday after the jeans maker reported fourth-quarter results and a full-year sales forecast that beat expectations, even as demand at its own stores clashed with a pullback among clothing retailers and a harsher foreign-exchange backdrop. However, a big chunk of those sales came from non-jeans, … Read more

Wolfspeed whiffs on sales and forecast, and its stock is falling

Shares of Wolfspeed Inc. fell about 6% in after-hours action Wednesday after the semiconductor company fell short with its revenue and forecast for the current quarter. The chip company, which focuses on silicon carbide, generated a fiscal second-quarter net loss of $90.9 million, or 73 cents a share, whereas it lost $96.7 million, or 82 … Read more

ServiceNow beats on earnings and forecast, but stock plunges

After a stock rebound in the opening weeks of the new year, ServiceNow Inc. reported earnings that topped expectations and projected stronger revenue growth than Wall Street expected Wednesday, but shares sank more than 7% in late trading. ServiceNow NOW, +1.21% hauled in fourth-quarter revenue of $1.94 billion, compared with $1.61 billion a year ago. … Read more