What to watch today: Dow to open higher even after all job gains since Great Recession were lost
have taken to online groups to complain that they have yet to receive any payments from a $250 million coronavirus relief fund that the company announced last month. Among the rare few who have received any money, some say Airbnb offering 25% of what they would normally get under cancellation policies is inadequate. reported quarterly earnings of $1.75 per share, beating the $1.48 a share consensus estimate. Revenue was also above forecasts.
missed estimates by 8 cents a share, with quarterly earnings of $1.63 per share. Revenue came in slightly below forecasts. Hershey declared its regular quarterly dividend and said it believes it has sufficient liquidity to meet its cash needs. reported distributable earnings per share of 46 cents for the first quarter, 4 cents a share below estimates. It also reported an overall loss due to the write-down of its investment portfolio.
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