Breaking News
Feb 9, 2023
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Penske Automotive said revenue in the fourth quarter increased 11.4% to $7 billion and net income fell 4% to $298 million from $310.4 million and diluted EPS fell to $4.21 from $3.99 a year ago.
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Wynn said revenue in the fourth quarter was unchanged at $1.0 billion and swung to a profit of $32.4 million from a loss of $177 million and diluted EPS was 29 cents compared to ($1.54) a year ago.
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PepsiCo increased its annual dividend by 10% to $5.06 from $4.60 with the dividend expected to be paid in June 2023.
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PepsiCo said revenue in the fourth quarter increased 10.9% to $28 billion and net income dropped to $535 million from $1.3 billion and diluted EPS fell to 37 cents from 95 cents a year ago.
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Hilton's board of directors authorized regular quarterly cash dividend of 15 cents a share to shareholders on record on February 28 and to be paid on or before March 31.
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Hilton said revenue in the fourth quarter rose 33% to $2.44 billion and net income more than doubled to $327 million from $147 million and diluted EPS increased to $1.21 from 52 cents a year ago.
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PayPal said fourth quarter revenue increased 7% to $7.4 billion and net income increased 15% to $921 million from $801 million and diluted EPS rose to 81 cents from 68 cents a year ago.
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Expedia said fourth quarter revenue increased 15% to $2.6 billion and net income dropped 36% to $177 million from $276 million and diluted EPS declined to $1.11 from $1.70 a year ago.
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Lyft said fourth quarter revenue increased 21% to $1.2 billion and net loss expanded to $588.1 million from $283.2 million, Lyft guided first quarter 2023 revenue of $975 million.
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Chipotle Mexican Grill said revenue in the fourth quarter rose 11.2% to $2.2 billion and net income jumped to $223.7 million from $133.5 million and diluted EPS rose to $8.02 from $4.69 a year ago.
Feb 8, 2023