Meta’s Stellar Earnings: Surpassing Estimates with Buybacks and Dividends Boost

Social media giant Meta Platforms (META) reported fourth quarter earnings that beat analysts’ estimates for revenue and profit. The company gave a positive outlook for the current quarter and announced new shareholder return initiatives. For the fourth quarter, Meta reported adjusted earnings per share (EPS) of $5.33 on revenue of $40.11 billion. According to Bloomberg … Read more

AT&T’s Strong 6.4% Yield Post Earnings Signals Mixed News Ahead

  US wireless carrier AT&T (NYSE: T) recently closed its 2023 fiscal year with profits. The company, popular with income-focused investors, received some great news about its financials and how they could affect its dividend going forward. It wasn’t all sunshine, however. The company is deficient in one key area that could limit the upside … Read more

PepsiCo Defies Ozempic Fears with Strong Q3 Results

PepsiCo’s Q3 Performance and Market Impact Strong Earnings and Growth Prospects Show Resilience in the Face of Ozempic Concerns. PepsiCo, a leading beverage and snack company, has reported robust third-quarter results that defy concerns about the impact of weight-loss drugs like Ozempic on its business.   Earnings Breakdown PepsiCo exceeded Wall Street profit expectations, leading … Read more