While the fast-food giant performs well during economic upturns, it a...
Although the company's adjusted profit was disappointing in the first quarter, it is turning heads in its second quarter. In response to Monday.com's fourth-quarter financial report, the company's shares jumped. In addition to outperforming expectations, Monday.com issued guidance that was ahead of expectations. Monday.com's stock was up 11% as of 10:30 a.m. ET because of this. What’s ...
Near-term headwinds face the company's transportation services division. After posting its fourth-quarter earnings report on Feb. 10, Lyft's stock price plummeted 36%. Despite its guidance, the transportation, vehicle rental, and delivery service provider exceeded its revenue estimates of $1.2 billion by 21%. A loss of $248 million resulted in the company's adjusted earnings before interest...