Earnings

Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup on Friday posted fourth-quarter results that beat analysts’ estimates for profit as the firm joined rival JPMorgan Chase in
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Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $2.62 per share, 2.1% higher than a
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A Delta Air Lines plane lands at Los Angeles International Airport Mario Tama | Getty Images Delta Air Lines halved its cash burn in the fourth quarter and expects to be profitable this summer, an upbeat forecast after the coronavirus pandemic drove the airline to its worst year ever. Delta posted a net loss of
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Walgreens Boots Alliance reported fiscal first-quarter earnings Thursday that exceeded Wall Street’s expectations, helped by stronger-than-expected pharmacy sales. Walgreens shares were up more than 5% Thursday afternoon. Here’s what Walgreens reported compared with what analysts were expecting for the first quarter ended Nov. 30, based on Refinitiv data: Earnings per share: $1.22 cents, adjusted vs. $1.03
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Nike on Friday reported quarterly sales and earnings that topped analysts’ estimates, driven by triple-digit growth online in North America and strong demand for its sneakers and workout apparel from Chinese consumers. It was able to cut expenses as it spent less on marketing during sporting events due to the pandemic. The lower costs boosted
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Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly revenue that fell short of analysts’ expectations as another wave of pandemic-related dining restrictions weighed on its same-store sales. For next quarter, typically its best of the year, the Olive Garden parent
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A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images News FedEx generated better-than-expected profits and revenue during its most recent quarter as the coronavirus pandemic continues to bolster high volume of U.S. and international package deliveries, the company said Thursday. The package delivery
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Safra Catz, co-chief executive officer of Oracle Corp., speaks during the SelectUSA Investment Summit in Oxon Hill, Maryland, U.S., on Monday, June 19, 2017. The SelectUSA Investment Summit brings together companies from all over the world, economic development organizations from every corner of the nation and other parties working to facilitate foreign direct investment (FDI)
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Frank Slootman, CEO of Snowflake Inc. on Sept. 16th, 2020. CNBC Shares of Snowflake fell as much as 8% in extended trading on Wednesday after the data-warehousing software maker issued its first quarterly financial results as a public company. Here’s how Snowflake performed: Earnings: Loss of $1.01 per share. Revenue: $159.6 million. Snowflake’s revenue grew
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Antonio Neri, President and CEO of Hewlett Packard Enterprise. Anjali Sundaram | CNBC Hewlett Packard Enterprise is the latest tech company to shift its focus away from Silicon Valley, announcing Tuesday that it will relocate its headquarters from San Jose, California, to Houston, Texas. “HPE’s largest U.S. employment hub, Houston is an attractive market to
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Marc Benioff, billionaire and co-founder and chief executive officer of Salesforce.com Inc., sits in the audience ahead of the special address by U.S. President Donald Trump, on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 21, 2020. Bloomberg | Bloomberg | Getty Images Salesforce shares moved 4% lower in
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Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom Video Communications shares fell about 5% in extended trading on Monday after the company reported fiscal third-quarter earnings and quarterly guidance that exceeded analysts’ expectations. Investors seemed disappointed that the rate
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Enrique Lores, CEO, HP Scott Mlyn | CNBC HP shares rose as much as 9% in extended trading on Tuesday after the PC maker reported fiscal fourth-quarter earnings that beat analysts’ estimates and provided an optimistic earnings forecast. Earnings: 62 cents per share, adjusted, vs. 52 cents per share as expected by analysts, according to
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Best Buy‘s third-quarter earnings soared past Wall Street’s expectations, but shares dropped Tuesday as the retailer warned of headwinds from higher shipping costs, inventory challenges and lower-margin holiday sales. The retailer declined to provide an outlook for the fourth quarter — a significant period for electronics and tech purchases during the holidays — due to
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Sonos celebrates its IPO at the Nasdaq, August 2, 2018. Source: Nasdaq Shares of speaker maker Sonos rose as much as 23% in extended trading on Wednesday after the company reported fiscal fourth-quarter earnings and fiscal-year revenue guidance that beat expectations. Here’s how the company did: Earnings: 33 cents, excluding certain items, vs. 0 cents
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Nvidia beat analyst expectations on both earnings and revenue in its fiscal fourth quarter, but the stock dropped more than 3% in extended trading after the company said that revenue from its data center segment would decline sequentially in the current quarter. Here’s how Nvidia did in the quarter ending in October: Earnings: $2.91 per
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Target on Wednesday reported fiscal third-quarter earnings that easily outpaced analysts’ estimates as the discount retailer won market share by turning shoppers’ pandemic habits into lasting gains. The company said it grabbed market share across all of its core categories, from apparel to beauty. Year to date, it said it has won $6 billion in
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