Earnings

Tesla has reported fourth-quarter results, and it’s a beat on earnings. The stock spiked as much as 13% on the news after hours. Here’s how the company did versus expectations: Earnings: $2.14 adjusted vs. $1.72 per share expected. Revenue: $7.38 billion versus $7.02 billion, expected according to Refinitiv. Tesla said it expects positive cash flow
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Facebook beat on top and bottom lines, but the stock fell as much as 7% on Wednesday after the company reported rising costs and expenses and a narrowing operating margin. Earnings (EPS): $2.56 vs. $2.53 per share forecast by Refinitiv. Revenue: $21.08 billion vs. $20.89 billion forecast by Refinitiv. Daily active users (DAUs): 1.66 billion vs.
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General Electric delivered fourth-quarter earnings on Wednesday that topped analyst expectations and gave a better-than-anticipated cash-flow forecast that signaled the troubled conglomerate could be turning around. Shares of GE rose as much as 7.6% in premarket trading from its previous close of $11.73. If that move higher holds through the open, it would bring GE’s
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EBay forecast first-quarter revenue below analysts’ estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon.com and Walmart. Shares of San Jose, California-based eBay were down about 5% after the bell. “The relative growth rates of eBay’s business versus Walmart’s e-commerce efforts suggest eBay is losing market share to Walmart in the category,”
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Lisa T. Su, CEO of Advance Micro Devices. Adam Jeffery | CNBC AMD shares fell as much as 4% after the company reported fiscal fourth-quarter earnings that slightly beat analysts’ estimates on Tuesday, but offered a light revenue forecast for the current quarter. Here’s how the company did: Earnings: Excluding certain items, 32 cents per
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Starbucks on Tuesday reported quarterly earnings that beat analysts’ expectations, but investors focused on its warning that the Wuhan coronavirus outbreak could deal a blow to its fiscal 2020 outlook. Shares of the company fell less than 1% in extended trading. The coffee chain said it has closed more than half of its Chinese locations
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Apple CEO Tim Cook arrives for Apples “The Morning Show” global premiere at Lincoln Center- David Geffen Hall on October 28, 2019 in New York. Angela Weiss | AFP | Getty Images Apple reported revenue and profit significantly higher than what Wall Street analysts expected and the stock spiked over 3% in after-hours trading on
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U.S. industrial giant 3M forecast 2020 profit below expectations and narrowly missed quarterly revenue estimates on Tuesday, as it continues to face sluggish demand in China, sending its shares down 2.8% in early trading. 3M, which makes everything from adhesive tapes to air filters, also said it would cut 1,500 jobs globally as it continues
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American Express reported fourth-quarter results that beat analyst expectations, sending the stock higher as card fee revenues grew more than expected. The shares rose 2% in premarket trading Friday. Here’s how the payments company’s results compared to what Wall Street analysts expected: Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv Revenue: $11.365
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Intel CEO Robert “Bob” Swan announces the company’s Tiger Lake chips at the technology fair CES. Christoph Dernbach | picture alliance | Getty Images Intel shares jumped as much as 7% in extended trading on Thursday after the chipmaker reported better-than-expected fourth-quarter earnings, extending a rally that’s pushed the stock to its highest since the
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An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines fourth-quarter earnings and revenue came in slightly above analyst estimates, despite complications from the grounding of the Boeing 737 Max. The Fort Worth,Texas-based carrier on Thursday posted net income of $414 million for the last three months of 2019, up
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A display of Procter & Gamble’s Pampers diapers are seen on sale in Denver. Rick Wilking | Reuters Procter & Gamble on Thursday reported quarterly revenue that fell short of estimates for the first time in five quarters, hurt by a stronger dollar and a struggling baby segment, which includes Pampers diapers. But the consumer
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Brian Roberts, chairman and chief executive officer of Comcast Corp. Patrick T. Fallon | Bloomberg | Getty Images Comcast on Thursday reported fourth-quarter earnings that exceeded estimates for the top and bottom lines. Shares of Comcast were up more than 2.2% in premarket trading. Here are the key numbers: Earnings per share: 79 cents vs.
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A worker prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas. Jason Janik | Bloomberg | Getty Images Texas Instruments forecast first-quarter revenue above market expectations on Wednesday on signs of stable demand for microchips, indicating that a prolonged slowdown in the semiconductor
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Franco-Italian chipmaker STMicroelectronics’ fourth-quarter results beat analysts’ estimates on Thursday as demand for chips dedicated to the next generation of smartphones and low-emission cars helped offset a slowdown in more traditional products. STMicro’s results reflect a wider industry move towards more sophisticated semiconductors within the telecoms, auto, and manufacturing sectors, as equipment makers gear up
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Johnson & Johnson headquarters in New Brunswick, N.J. Mel Evans | AP Johnson & Johnson‘s fiscal fourth-quarter profit beat Wall Street’s expectations but missed slightly on revenue, the company said Wednesday. Here’s what the company reported compared with Wall Street estimates, based on a survey of analysts by Refinitiv: Adjusted earnings per share: $1.88 versus
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Shares of Netflix climbed as much as 2.3% in after-hours trading on Tuesday after the company reported fourth-quarter results. The company beat on the top and bottom lines for the quarter, but gave disappointing guidance for the first quarter. Here are the key numbers: Earnings per share: $1.30 per share, however that’s not comparable to
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IBM President and CEO Virginia Rometty delivers a speech to participants during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles in Paris on May 16, 2019. Chesnot | Getty Images IBM will release its fourth-quarter earnings statement after market close on Tuesday. Here’s what the street expects: Earnings:
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U.S. oilfield services firm Halliburton on Tuesday disclosed a $2.2 billion charge to earnings as weakening North American shale activity continued to hit the industry. The charge for asset impairments was centered on hydraulic fracturing and legacy drilling equipment units, as well as workforce reductions, the company said. It dismissed 8% of its North American
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The Bank of New York Mellon on Wall Street, New York. Scott Mlyn | CNBC Bank of New York Mellon missed analysts’ estimates for quarterly profit on Thursday, as the world’s largest custodian bank earned less from its interest-earning assets due to rate cuts by the Federal Reserve. Big U.S. banks that reported results earlier
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James Gorman David A. Grogan | CNBC Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: 99 cents a share, 24% higher than a year earlier, according to Refinitiv Revenue: $9.72 billion, 14% higher than a year earlier Wealth management: $4.39 billion, according to
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Goldman Sachs on Wednesday beat analysts’ estimates for revenue, but quarterly profit was marred by a $1.1 billion litigation charge. The New York-based bank posted quarterly revenue of $9.96 billion, a 23% increase and more than $1 billion higher than the $8.51 billion expected by analysts. But quarterly profit was stung by the litigation charge,
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Laurence “Larry” Fink, chairman and chief executive officer of BlackRock. Chris Goodney | Bloomberg | Getty Images BlackRock, the world’s largest asset manager, beat analysts’ estimates for quarterly profit on Wednesday, helped by strong flows into its exchange-traded fund business that boosted overall assets under management to a record $7.43 trillion. A rally in global
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In this arranged photo, a UnitedHealth Group health insurance card is seen in a wallet in this picture illustration October 14, 2019. Lucy Nicholson | Reuters UnitedHealth reported a better-than-expected quarterly profit on Wednesday, as the largest U.S. health insurer managed to control medical costs and made gains with the unit that houses its pharmacy
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Bank of America posted profit that exceeded analysts’ expectations on a rebound in trading revenue and as the company repurchased shares. The bank posted fourth-quarter profit of $7 billion, a 4% decline from a year earlier, or 74 cents a share, which was an unexpected 6% increase helped by a reduction in outstanding shares. That figure
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Citigroup reported Tuesday quarterly results that easily beat analyst expectations, driven by strong fixed-income trading revenues along with growing sales from the bank’s consumer business. Here’s what the banking giant reported vs. what Wall Street analysts expected: Earnings: $1.90 per share vs. $1.84 per share expected by Refinitiv Revenue: $18.378 billion vs. Refinitiv forecast of
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