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Earnings Reports, Whispers & Company Earnings News

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    Business
    Bloomberg

    Tencent’s Earnings Beat Fuels Hope of a China Gaming Rebound

    (Bloomberg) -- Tencent Holdings Ltd.’s better-than-projected earnings affirmed investor hopes that China’s gaming industry has rounded a corner, though its numbers also revealed a consumer malaise stemming during a stubborn economic downturn.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBiden Invests $100 Million to Fuel Housing ConstructionBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkJohannesburg

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    Business
    StockStory

    Sphere Entertainment’s (NYSE:SPHR) Q2 Earnings Results: Revenue In Line With Expectations, Stock Jumps 12.2%

    Content production and distribution company Sphere Entertainment (NYSE:SPHR) reported results in line with analysts’ expectations in Q2 CY2024, with revenue up 112% year on year to $273.4 million. It made a GAAP loss of $1.31 per share, down from its profit of $15.24 per share in the same quarter last year.

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    Business
    StockStory

    European Wax Center (NASDAQ:EWCZ) Reports Sales Below Analyst Estimates In Q2 Earnings

    Beauty and waxing service franchise European Wax Center (NASDAQ:EWCZ) fell short of analysts’ expectations in Q2 CY2024, with revenue up 1.3% year on year to $59.87 million. The company’s full-year revenue guidance of $218.5 million at the midpoint also came in 5.3% below analysts’ estimates. It made a GAAP profit of $0.13 per share, improving from its profit of $0.09 per share in the same quarter last year.