analysts' comments

DoorDash Inc. is working to step up its analytics and ability to forecast the slowing economy’s effect on future earnings, in a move to expand the business and improve the efficiency of its divisions. Food-delivery companies are grappling with soaring inflation that is weighing on consumers’ spending power and experiencing slower growth than during the pandemic. San Francisco-based DoorDash in February said its net loss widened to $1.37 billion in 2022 from $468 million a year earlier, in…

Salesforce Inc.’s CRM 11.50% latest results and coming changes such as disbanding its deal-making committee might be enough to undercut some of the chief concerns floated by activists against the business-software provider, according to analysts. Salesforce on Wednesday reported better-than-expected fourth-quarter earnings and upbeat guidance for the year, including improved profitability amid a cost-cutting push. Co-founder and Chief…

Amazon. AMZN 0.50% com Inc. employees will soon be able to use their company shares as collateral when buying homes, under an arrangement with online mortgage lender Better.com.A new Better.com product, Equity Unlocker, will allow employees to pledge stock for loans for down payments, the companies said, rather than having to sell the stock to raise cash. To protect itself from a continued slide in Amazon’s stock price, Better.com will charge a higher rate on the…

Zoom Video Communications Inc. ZM -0.28% posted higher sales in the fourth quarter on strong growth from enterprise customers and forecast profit ahead of Wall Street expectations. The videoconferencing company on Monday said sales grew 4% to $1.12 billion, just ahead of the $1.1 billion expected by analysts recently polled by FactSet. Enterprise revenue rose 18% compared with last year, while online revenue, which measures individual…

Electric-vehicle maker Lucid Group Inc. said it aims to produce up to 14,000 vehicles this year, nearly doubling its 2022 total but falling short of analyst expectations.  Chief Executive Peter Rawlinson on Wednesday said the forecast for production reflected economic concerns for the year. “We elected to go for a range I believe is representative of the degree of uncertainty in the marketplace,” he said. Electric-vehicle maker Lucid Group Inc. said it aims to produce up to 14,000…

Eli Lilly LLY -0.46% & Co. said revenue for the recently ended quarter fell 9% as lower sales of its Covid-19 antibodies and the strong U.S. dollar weighed on growth.  The pharmaceutical company said Thursday that quarterly revenue fell 9% to $7.30 billion, slightly below analyst estimates, according to FactSet. Currency translation, lower realized prices and a drop in demand for some products all dragged on sales. Excluding sales…

Johnson & Johnson reported a 25% drop in earnings and declining sales for the fourth quarter as demand dropped for its Covid-19 vaccine, while providing a cautious forecast for sales growth as the company undergoes a big transformation.The New Brunswick, N.J., healthcare-products company said Tuesday that quarterly revenue fell 4.4% to $23.71 billion on fewer vaccine sales and a stronger dollar, below analyst estimates of $23.9 billion, according to FactSet. Earnings came in at $1.33 a…

Elon Musk said he had funding to take Tesla Inc. TSLA 7.74% private when he floated the idea in 2018, saying that financing from Saudi Arabia’s sovereign-wealth fund and his own stake in rocket-company SpaceX would have provided sufficient capital. “With the SpaceX stock alone, I felt funding was secured,” Mr. Musk said in a second day on the stand in a case brought by investors who say they lost money because of his tweets proposing to take the car company private.  Mr.…

Campbell Soup Co. CPB 5.85% boosted its outlook after sales and profit rose at double-digit rates in its fiscal first quarter as the company kept raising prices to offset rising costs. The soup and snack maker said Wednesday that sales jumped 15% to nearly $2.6 billion in the quarter ended Oct. 30, topping analyst projections of $2.45 billion, according to FactSet. The top-line growth was once again driven by higher prices, though…

Kroger Co. KR -0.32% raised its annual guidance for the third time in a row this year following yet another quarter of climbing sales. The Cincinnati-based grocery store operator on Thursday reported third-quarter revenue of $34.2 billion, up from $31.9 billion a year ago and above analyst estimates of $34 billion, according to FactSet. Identical sales excluding fuel sales, which strips out the effects from store openings…