Chevron posts $6.6 billion loss in the fourth quarter

Chevron reported a loss of more than $6 billion for the fourth quarter, and also missed revenue expectations.

from Earnings https://ift.tt/2GH2u26
via IFTTT

Exxon Mobil's fourth-quarter earnings fall short of expectations

Exxon Mobil's fourth quarter earnings missed analyst estimates, although revenue came in ahead of expectations.

from Earnings https://ift.tt/2U93kg5
via IFTTT

Amazon's ad business is booming, and there's still room to grow

Amazon's advertising segment was just one factor in the company's blowout fourth-quarter, but the company outlined ways it forecasts growth in the high-margin business.

from Earnings https://ift.tt/3b3pNkO
via IFTTT

Amazon beats Street on earnings and revenues—Three pros on what they're watching now

Amazon reported earnings a big EPS and revenue beat after the bell. Three pros discuss what they're watching now.

from Earnings https://ift.tt/2vw5ID8
via IFTTT

Oreo maker Mondelez says coronavirus could hurt sales in first quarter

Mondelez has closed two factories near the epicenter of the coronavirus outbreak for 10 days to combat the risk of infection.

from Earnings https://ift.tt/2GzaTol
via IFTTT

Amazon slated to report fourth-quarter earnings after the bell

Last month, Amazon claimed that customers shopped at record levels during the holiday season.

from Earnings https://ift.tt/2U5z2uC
via IFTTT

Altria is taking a $4.1 billion charge on its investment in Juul

Altria said on Thursday it recorded a $4.1 billion charge in the fourth quarter for its investment in Juul Labs Inc, nearly three months after taking a $4.5 billion charge in the e-cigarette maker.

from Earnings https://ift.tt/2S2w47y
via IFTTT

Verizon subscriber addition beats estimates on Disney+ boost

Verizon added more-than-expected mobile phone subscribers who pay a monthly bill in the fourth quarter, benefiting from offering a free, one-year subscription to Disney+ with some of its plans.

from Earnings https://ift.tt/37FDLHl
via IFTTT

Eli Lilly profit beats estimates on strong Trulicity sales

Eli Lilly and Co reported a higher-than-expected quarterly profit on Thursday, helped by strong demand for its diabetes drug Trulicity and psoriasis treatment Taltz.

from Earnings https://ift.tt/2GzUtfh
via IFTTT

Here's what to expect from Coca-Cola earnings

Coca-Cola is expected to report its fourth-quarter earnings before the bell Thursday.

from Earnings https://ift.tt/38MCNsM
via IFTTT

Amazon's spending on one-day delivery is likely to weigh on fourth-quarter profit

The company said in October it would spend $1.5 billion over the holiday period to ramp up speedier delivery.

from Earnings https://ift.tt/2GzWwQr
via IFTTT

Tesla spikes on earnings beat, says Model Y production underway

The company has already reported deliveries of 112,000 vehicles globally during the fourth quarter, a quarterly best for Tesla.

from Earnings https://ift.tt/38Ow9SX
via IFTTT

Microsoft stock rises on earnings beat and better-than-expected guidance

Revenue from Microsoft's Azure cloud grew faster than several analysts had expected in the fiscal second quarter.

from Earnings https://ift.tt/2RZBzDT
via IFTTT

Facebook is set to report earnings after the bell

Over the past year, Facebook has struggled with numerous regulatory challenges.

from Earnings https://ift.tt/2uES4NR
via IFTTT

Mastercard beats profit estimates on strong holiday season spending

Mastercard topped earnings estimates as consumers spent more during the U.S. holiday season, causing the company's gross dollar volume, the dollar of transactions processed, to rise 12% in the fourth quarter.

from Earnings https://ift.tt/2RXApJ7
via IFTTT

AT&T revenue falls short of estimates as satellite TV sheds subscribers

AT&T Inc missed fourth-quarter revenue estimates on Wednesday as another fall in subscriptions to satellite TV provider DirecTV overshadowed better-than-expected sign ups in monthly phone subscribers.

from Earnings https://ift.tt/312lJwg
via IFTTT

Boeing is set to report earnings before the bell — here's what the Street expects

Boeing earnings shed light on the ongoing 737 Max crisis.

from Earnings https://ift.tt/2O9vxPT
via IFTTT

EBay forecast disappoints amid competition from Amazon, Walmart

EBay forecast first-quarter revenue below analysts' estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon.com and Walmart.

from Earnings https://ift.tt/38Pojss
via IFTTT

Here's what to expect from McDonald's earnings

McDonald's board fired CEO Steve Easterbrook in November for having a consensual relationship with an employee.

from Earnings https://ift.tt/37ChVo9
via IFTTT

GE shares rise 5% after earnings top expectations

General Electric reported fourth-quarter earnings before market open on Wednesday.

from Earnings https://ift.tt/3aUhPKm
via IFTTT

Dow profit beats on Asia demand and cost cuts, sees recovery in 2020

Dow Inc. reported a 27% fall in fourth-quarter operating profit on Wednesday as lower prices squeezed margins, but the chemicals maker pointed to a recovery in demand this year on the back of easing trade tensions.

from Earnings https://ift.tt/2RBcujF
via IFTTT

Tesla's massive stock rally faces a moment of truth as the company reports earnings

Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October. Skeptics are cautioning investors about the effects of the coronavirus on Tesla's China operations, and declining sales volumes in mature markets for the company.

from Earnings https://ift.tt/2U53vZH
via IFTTT

AMD falls after soft revenue projection

AMD beat on the top and bottom lines, but its forecast for the next quarter was slightly less than what analysts had forecast.

from Earnings https://ift.tt/2GvhpfB
via IFTTT

Jim Cramer says he 'should've had even more faith' in Apple's quarterly report

"I was worried that Apple wouldn't be able to give us enough of an upside surprise to propel the stock higher because it had already run so much," the "Mad Money" host said.

from Earnings https://ift.tt/2RVR2F3
via IFTTT

Jim Cramer: Expect Tesla's stock to fall hard on an earnings miss

Tesla will report earnings Wednesday, and the stock could see a big sell-off if the electric-vehicle maker misses expectations, CNBC's Jim Cramer said.

from Earnings https://ift.tt/38NxPfo
via IFTTT

Apple generated $56 billion in iPhone revenue last quarter on strong iPhone 11 sales

The results mark Apple's first full quarter to factor in sales of the iPhone 11, which launched last fall.

from Earnings https://ift.tt/2O6BywR
via IFTTT

Apple now has $207.06 billion in cash on hand, up slightly from last quarter

Apple continues to host one of the largest cash piles of any U.S. company.

from Earnings https://ift.tt/2S0r6bp
via IFTTT

Apple is set to report earnings after the bell

It's Apple's biggest quarter of the year and includes important holiday sales.

from Earnings https://ift.tt/37BU7Az
via IFTTT

Here's what to expect from Starbucks' earnings

Starbucks has closed all cafes and halted delivery for locations in the Hubei province in response to the Wuhan coronavirus outbreak.

from Earnings https://ift.tt/2U4qwvZ
via IFTTT

Caterpillar and two other industrial stocks are best in show this earnings season, market watchers say

Nearly half of the industrials sector is reporting this week. These are the names to watch, according to Oppenheimer's Ari Wald and Joule Financial's Quint Tatro.

from Earnings https://ift.tt/2RzUNBd
via IFTTT

Facebook users keep clicking on ads, pointing to strong fourth quarter results

Facebook users are clicking on more and more ads according to the company's own tools that are provided to advertisers.

from Earnings https://ift.tt/38Pvgtx
via IFTTT

China and Apple's TV service will be under the spotlight when the tech giant reports earnings

As the first full quarter with iPhone 11 sales, analysts and investors also watch closely to see how well the newest models, launched in September, are doing in the market.

from Earnings https://ift.tt/2uCxQUV
via IFTTT

Lockheed Martin beats estimates, raises sales forecast on higher F-35 deliveries

Lockheed Martin Corp, the Pentagon's best weapon's supplier, reported a better-than-expected quarterly profit on Tuesday, raising its 2020 revenue outlook to $62.75 billion to $64.25 billion, surpassing analysts' expectations.

from Earnings https://ift.tt/38KbfV6
via IFTTT

United Tech says Collins 2020 profit to be hurt mainly due to Boeing's 737 Max grounding

United Technologies CFO Neil Mitchill believes that operating profits for the Collins Aerospace unit will take a hit of about $550 million to $600 million, citing the grounding of Boeing's 737 Max aircraft.

from Earnings https://ift.tt/38PXMLz
via IFTTT

Harley-Davidson's shares tumble on steeper fall in revenues

Harley-Davidson on Tuesday reported a larger-than-expected decline in its motorcycles revenue hurt by a continuing slide in retail sales in the United States, sending its shares plunging in premarket trade.

from Earnings https://ift.tt/2tNx0EQ
via IFTTT

3M to cut 1,500 jobs as profit sinks 28%

U.S. industrial giant 3M reported a 28% fall in quarterly profit on Tuesday due to restructuring and litigation charges and said it would cut 1,500 jobs globally as it looks to reduce costs.

from Earnings https://ift.tt/36wZCiW
via IFTTT

Pfizer posts 9% fall in fourth-quarter revenue

Pfizer reported a 9% drop in fourth-quarter revenue, hurt by intense competition for its pain treatment Lyrica that lost patent protection last year.

from Earnings https://ift.tt/2Gr1JtY
via IFTTT

American Express earnings beat expectations on strong card fee revenues, shares rise

American Express reported fourth-quarter results that beat analyst expectations as card fee revenues grew more than expected.

from Earnings https://ift.tt/37q8MPj
via IFTTT

Intel's stock jumps 7% on better-than-expected earnings and revenue

Intel grew revenue 8% in the fourth quarter even as it faced greater competition from AMD.

from Earnings https://ift.tt/37qfYuI
via IFTTT

Ford expects $2.2 billion pretax hit due to pension plans, retirement benefits in Q4

Ford, in a filing with the SEC, said the loss includes $2 billion associated with pension plans outside the U.S. and $600 million connected to other post-retirement employee benefit plans globally.

from Earnings https://ift.tt/2GtkTzv
via IFTTT

American Airlines' profits jump despite Boeing 737 Max problems

American Airlines posted per-share earnings slightly ahead of expectations despite issues with the grounded Boeing 737 Max.

from Earnings https://ift.tt/2GgUoNt
via IFTTT

Procter & Gamble earnings: $1.42 a share, vs $1.37 EPS expected

Procter & Gamble is expected to report its fiscal second-quarter earnings before the bell Thursday.

from Earnings https://ift.tt/38AmwHg
via IFTTT

Texas Instruments says chip demand stabilizing, sees revenue above Street

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 industry was bottoming out.

from Earnings https://ift.tt/3aANK2l
via IFTTT

Comcast is set to report earnings before the bell. Here's what the Street expects

Comcast's fourth-quarter earnings come one week after it unveiled its new streaming service, Peacock.

from Earnings https://ift.tt/36jjZ2M
via IFTTT

Southwest Airlines beat earnings estimates despite hit from grounded Boeing 737 Max

Southwest Airlines beat fourth-quarter estimates.

from Earnings https://ift.tt/30JRXMS
via IFTTT

STMicro earnings beat estimates on demand for next-generation chips

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.

from Earnings https://ift.tt/2TQu8kQ
via IFTTT

Johnson & Johnson beats Wall Street expectations on profit, misses on revenue

J&J's stock was essentially flat in pre-market trading after the announcement.

from Earnings https://ift.tt/2TOElhM
via IFTTT

Netflix shares fall after missing domestic subscriber estimates

The fourth quarter will mark Netflix's first earnings report since the launch of Disney+ and Apple TV+.

from Earnings https://ift.tt/2RANact
via IFTTT

IBM soars on strong earnings report

IBM ended a streak of revenue declines in the fourth quarter following the introduction of a new mainframe computer.

from Earnings https://ift.tt/37eHQlr
via IFTTT

Halliburton beats estimate on international demand; takes $2.2 billion charge

Halliburton beat analysts' estimates for quarterly profit on Tuesday, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America that led to a charge of $2.2 billion.

from Earnings https://ift.tt/2G9CoEz
via IFTTT

BNY Mellon profit falls short on lower interest rates

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.

from Earnings https://ift.tt/2Tvkl3M
via IFTTT

Morgan Stanley is set to report fourth-quarter earnings – here's what the Street expects

Did Morgan Stanley's bond traders match the performance of rivals – or get beaten by them?

from Earnings https://ift.tt/2RmwLIr
via IFTTT

Goldman Sachs is set to report fourth-quarter earnings — here's what the Street expects

CEO David Solomon has had a busy few months.

from Earnings https://ift.tt/2NpSRbF
via IFTTT

Bank of America beat analysts' profit estimate on rebound in bond-trading revenue

The second-biggest U.S. lender is among the most sensitive of large banks when it comes to changes in interest rates.

from Earnings https://ift.tt/2NqLBMO
via IFTTT

BlackRock profit beats as exchange-traded funds boom

BlackRock, the world's largest asset manager, beat analysts' estimates for quarterly profit on Wednesday, as more money rolled into its cash management business and exchange-traded funds amid concerns of slowing global growth.

from Earnings https://ift.tt/30kEs64
via IFTTT

UnitedHealth quarterly profit beats expectations driven by Optum strength

UnitedHealth reported a 16.5% rise in fourth-quarter profit on Wednesday, helped by strength in its core business that sells health plans as well as its Optum segment, which includes its pharmacy benefits management unit.

from Earnings https://ift.tt/30nk2Jt
via IFTTT

Wells Fargo shares fall 2% after fourth-quarter profits, sales miss estimates

Though bank stocks have performed well recently, Wells Fargo investors will look to earnings for any sign it could catch up to its peers.

from Earnings https://ift.tt/35UKCuG
via IFTTT

Citigroup is set to report earnings. Here's what Wall Street expects from the banking giant

Citigroup is slated to report its calendar fourth-quarter results on Tuesday as investors brace for a highly anticipated earnings season.

from Earnings https://ift.tt/2FKDPt5
via IFTTT

JP Morgan beats analysts' estimate for fourth-quarter profit on record Wall Street revenue

J.P. Morgan, the biggest U.S. bank by assets, is the first major lender to report earnings.

from Earnings https://ift.tt/2Ttdnfk
via IFTTT

Delta's fourth-quarter profit beats estimates thanks to cheaper fuel and strong travel demand

Delta Air Lines reported higher-than-expected quarterly profits thanks to cheaper fuel and strong travel demand.

from Earnings https://ift.tt/3a7TccN
via IFTTT

Earnings reporting season is about to kick off. Here's what to expect

This week's kickoff of earnings season comes with low expectations for profit growth but high expectations for stock prices.

from Earnings https://ift.tt/383Hv54
via IFTTT

Lululemon raises its quarterly forecast after upbeat holiday sales

Lululemon Athletica raised its quarterly sales and profit outlook on Monday, boosted by strong holiday season demand.

from Earnings https://ift.tt/35HEPIY
via IFTTT

Victoria Secret's parent stock falls on weak holiday sales and trimmed forecast

L Brands cut its earnings outlook for its fiscal fourth quarter.

from Earnings https://ift.tt/2FAkyug
via IFTTT

JC Penney says holiday same-store sales fell 7.5%, reaffirms outlook for the year

J.C. Penney piled on to U.S. department store chains' holiday sales declines, saying its same-store sales over a nine-week period that ended on Jan. 4 dropped 7.5%.

from Earnings https://ift.tt/39SkHHp
via IFTTT

Kohl's shares tank on dismal holiday sales results, lowered outlook

Kohl's said same-store sales during November and December fell 0.2% due to weakness in its core women's apparel business, leading it to lower the bar for its full-year outlook.

from Earnings https://ift.tt/2QAGcVq
via IFTTT

Walgreens' shares fall after company misses earnings expectations

Walgreens remains under pressure as more consumers shop online for drugstore staples such as shampoo and vitamins.

from Earnings https://ift.tt/2QT0ecK
via IFTTT

Lennar sees 2020 home sales above estimates as lower prices boost demand

Lennar on Wednesday forecast 2020 home sales above analysts' estimates, encouraged by strong demand on the back of lower home prices and mortgage rates, sending its shares up 3%.

from Earnings https://ift.tt/2tBMrPZ
via IFTTT

Corona maker Constellation raises full-year profit forecast after a strong quarter

The upbeat results and raised forecast signal that the brewer benefited from its efforts to beef up its beer portfolio through launches of variants such as Modelo Chelada Limon y Sal and Corona Refresca.

from Earnings https://ift.tt/36AJPAf
via IFTTT