Volkswagen reported its results in Q1, 2021: the revenue grew by 13.3%, and the net profit – by 560%. Sales volume increased by 21%, specifically electric car sales – by 100%. Volkswagen shares dropped by almost 1%.
Pfizer reported growth of its quarterly revenue and profit by 45%. Sales of the vaccine against COVID-19 yielded $3.5 billion, which was 59% than forecast. However, after the report was published, the shares grew by 0.3% only.
Amazing quarterly reports of US IT giants - Alphabet, Apple, Facebook, Amazon, and Microsoft – made the S&P 500 and NASDAQ indices grow. The former grew by 0.8% to 4211.47 points during a week and the latter – by 0.5% to 14082.55 points.
Elon Musk's company reported the results of Q1, 2021. Tesla's quarterly profit increased 27 times and reached an all-time high of $438 million. However, Tesla shares dropped by 4.53% due to vague forecasts.
Let’s go on reviewing quarterly reports of US companies. On Wednesday, April 21st, and on Thursday, April 22nd, reports were presented by NextEra Energy, Verizon, Intel, AT&T – and I’ll speak about them below.
On Monday and Tuesday of the one but last week of April, Coca-Cola, IBM, Johnson&Johnson, Netflix, United Airlines, and other US companies issued their quarterly reports. What were their results? Read our article.
Adobe Systems' quarterly report exceeded the expectations of experts. The company boasted record profits and voiced ambitious plans for the current quarter and financial year. However, its shares dropped by 2% after the report.
Oracle reported the results of Q3 of financial 2021: the revenue rose by 2.95%, the income – by 95%. The statistics were beyond Wall-Street expectations, unlike the forecasts for the current quarter. As a result, the shares dropped by 6.53%.
The report provoked growth of the quotations by 17%. In 2020, the revenue grew by 24%, net profit — by 47.9%, audience — by 32.1%. The company's experts say that in the nearest quarter the revenue will grow by 23.6% and the net profit — by 92%.