Earnings

Pedestrians pass in front of a CVS location in New York. Scott Mlyn | CNBC CVS Health on Wednesday crushed first-quarter expectations and raised its full-year forecast as the company’s newly acquired health insurance business boosted results and its pharmacies filled more expensive prescription drugs. Its stock price jumped 5.7% in premarket trading. Here’s what
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Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Restaurant Brands International on Monday reported quarterly earnings that fell short of analysts’ expectations. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 55 cents,
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Daniel Ek, chief executive officer and co-founder of Spotify AB. Akio Kon | Bloomberg | Getty Images Spotify Technology reported a better-than-expected rise in first-quarter revenue on Monday as the music streaming company hit 100 million paid subscribers for its premium service, sending its shares up nearly 5%. The global leader in the sector, with
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Ford delivered stronger-than-expected first-quarter earnings as demand for its popular pickups and SUVs in North America helped boost losses in China and South America. Ford’s stock jumped by more than 8% in extended trading Thursday. Here’s how the company did compared with what Wall Street expected, based on average estimates compiled by Refinitiv: Adjusted earnings
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British drugmaker AstraZeneca on Friday reported first-quarter product sales and earnings ahead of analysts’ expectations, benefiting from its aggressive push into cancer drugs and a focus on emerging markets, including China. The company had in February reported annual sales growth for the first time since 2009, turning around its business after a series of patent
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Chevron is scheduled to report earnings for the first quarter of 2019 before the bell. Here’s what Wall Street expects: Earnings: $1.30 per share, according to Refinitiv Revenue: $38.43 billion, according to Refinitiv Chevron’s performance in the Permian Basin and production forecasts for the Texas-New Mexico oil region will be in focus. The company announced
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American Airlines reported its first quarter earnings Friday before the market open as the industry copes with the ongoing grounding of Boeing’s 737 Max jets. American Airlines shares fell more than 3% before the market’s open. Here’s what the airline reported, versus average analysts estimates compiled by Refinitiv: Adjusted earnings: 52 cents vs 51 cents
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U.S. manufacturing conglomerate 3M on Thursday said it would lay off 2,000 workers globally as it reported a lower-than-expected quarterly profit and cut its 2019 earnings forecast due to worsening performance in key markets. The job cuts, part of moves to restructure its businesses into four operating units from five, would result in an estimated
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Altria on Thursday reported first-quarter earnings and revenue that missed analysts’ expectations and drove its shares down 2% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 90 cents, adjusted, vs. 92 cents expected Revenue: $4.39 billion vs.
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Facebook reports earnings after the closing bell Wednesday, and investors will be looking for signs it can shift its business to focus more on privacy while continuing to grow revenue and users. “I believe the future of communication will increasingly shift to private, encrypted services where people can be confident what they say to each
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Harley-Davidson’s first-quarter profit fell 26.7% as the motorcycle company struggled with falling demand as well as higher costs from U.S. tariffs on raw materials and European taxes on imports of its motorcycles. Here’s how the company did compared with what Wall Street expected: Adjusted earnings: 98 cents per share vs. 65 cents per share forecast
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Lockheed Martin delivered first-quarter earnings on Tuesday that were far above what Wall Street anticipated from the world’s largest defense contractor. The company also updated its forecast for 2019 financial results, with earnings anticipated between $20.05 a share and $20.35 a share – up from a range of $19.15 a share to $19.45 share. Expected
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Netflix fell about 1% after reporting its first-quarter earnings after the bell Tuesday. The company posted quarterly revenue that beat estimates but included light guidance for the following quarter. Here are the numbers Netflix reported compared to Wall Street’s expectations: Earnings per share: 76 cents, vs. 57 cents expected, per Refinitiv consensus estimate. Revenue: $4.52
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IBM will release first-quarter earnings after market close on Tuesday. Here are the numbers to watch: Earnings: $2.22 per share as expected by analysts, excluding certain items, according to Refinitiv. Revenue: $18.46 billion as expected by analysts, according to Refinitiv. The estimate implies that analysts expect IBM’s revenue to be down 3.2% from the year-ago
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United Continental Holdings, the parent company of United Airlines, reported first-quarter earnings Tuesday that beat Wall Street profit expectations but fell shy of revenue estimates as the airline grapples with the prolonged grounding of Boeing’s 737 Max jets. Here’s what the company reported versus what analysts polled by Refinitiv expected: Adjusted earnings per share: $1.15
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PepsiCo on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations. Shares of the company rose less than 1 percent in premarket trading following the announcement. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 97 cents, adjusted, vs. 92
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The two biggest U.S. banks each just posted record first-quarter profit, the result of years of work building coast-to-coast franchises that have attracted billions in customer deposits. On Friday, J.P. Morgan Chase said it made $9.2 billion in the first three months of the year. Bank of America said Tuesday that it generated $7.3 billion.
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Consumer goods group Unilever reported stronger than expected quarterly underlying sales growth, helped by higher prices and volume, and strength in emerging markets. The maker of Dove soap and Ben & Jerry’s ice cream also on Thursday stood by its outlook for the full year, which calls for underlying sales growth in the lower half
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Morgan Stanley posted profit and revenue that exceeded analysts’ expectations on better-than-expected results in wealth management and fixed-income trading. The bank generated $2.4 billion in first-quarter profit, or $1.39 per share, according to a Wednesday release, compared with the $1.17 estimate of analysts surveyed by Refinitiv. Morgan Stanley’s revenues of $10.3 billion beat the $9.94
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