Earnings outlook

Lego revenue grows 2% in 2023, as CEO hails strong U.S. progress

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Customers at a Lego store in Shanghai, China, on Feb. 3, 2024. Costfoto | Nurphoto | Getty Images The chief executive of Denmark’s Lego on Tuesday reflected on a tough year for the world’s largest toymaker, and outlined the firm’s long-term plans to stay relevant and “cool with kids.” Lego said its 2023 revenue was … Read more

Spotify (SPOT) earnings

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Budrul Chukrut | LightRocket | Getty Pictures Shares of Spotify fell 6% in premarket buying and selling Tuesday after the corporate launched second-quarter outcomes that missed analysts’ estimates for income and provided weaker-than-expected steering. This is how the corporate did: Loss per share: Lack of 1.55 euros, not corresponding to estimatesRevenue: 3.18 billion euros vs. 3.21 billion … Read more