PHIN misses Q2 earnings estimates despite higher sales as employee costs and product mix weigh on margins.
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LKQ misses Q2 earnings and revenue estimates as Europe's ERP rollout disrupts Germany, prompting lower 2026 guidance despite growth in North America.
IBM’s earnings pre-announcement sent the stock into a tailspin but Wall Street isn’t giving up just yet.
North American margins drove the beat, yet the automaker lowered net income guidance for a second straight quarter.
General Motors reports second-quarter earnings on Tuesday morning, with investors seemingly confused about what to do with the stock. Coming into Tuesday trading, GM shares were down about 7% year to date, despite rising earnings estimates and a solid first-quarter earnings report. On Tuesday, Wall Street is looking for a quarterly adjusted operating profit of $3.7 billion from sales of $47 billion.
Battery maker's quarterly profit missed forecasts despite 25% revenue growth as EV weakness offset rising ESS demand.
SAN FRANCISCO, June 9 (Reuters) - General Motors is releasing a software update that allows some U. electric-vehicle owners to pipe power back to the electric grid, another example of car companies pursuing business opportunities in the energy sector.
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Last year, during the company's third-quarter earnings call, Ford CFO Kumare Glahotra made a promise to investors. “Improving quality is the single biggest driver to close our cost gap. Better quality lowers warranty expense and reduces recalls,” Galhotra said. But so far this year, Ford once again ...
(Bloomberg) -- Ford Motor Co.’s blistering rally screeched to a halt Friday, as a broader market selloff cooled enthusiasm over the automaker’s potential to benefit from the boom in energy demand for artificial intelligence.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London MansionTrum
General Motors shares sink as the company announced IT layoffs. But the announcement may actually prove bullish for GM stock in the long run.
If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...
LCID posts wider-than-expected Q1 loss and misses estimates as write-downs, costs and supplier issues hit margins, even as revenues grow and liquidity gets a boost.
HOG Q1 EPS misses as tariffs and incentives squeeze HDMC margins, even with retail sales up and 2026 guidance reaffirmed.