Tag: earnings

February 8, 2023

Dominion Energy (NYSE: D) today announced unaudited net loss determined in accordance with Generally Accepted Accounting Principles (reported earnings) for the three months ended Dec. 31, 2022, of $42 million ($0.07 per share) compared with net income of $1.3 billion […]

January 24, 2023

Microsoft Corp. likely recorded its slowest sales growth in more than six years last quarter as economic concerns cooled demand for its software and cloud services. The Redmond, Wash., company’s revenue growth is expected to slow to less than 3% […]

January 13, 2023

Bank of America reported fourth-quarter results on Friday that showed higher interest rates helped the Wall Street giant make up for a sharp slowdown in investment banking. Here are the key metrics compared with what Wall Street expected: Earnings: 85 […]

February 10, 2022

Coca-Cola Co. and PepsiCo Inc. reported higher quarterly sales as the global soda giants pushed through price increases but also felt the squeeze of higher costs for commodities and transportation. Coke’s organic revenue increased 9% in the quarter ended Dec. […]

May 5, 2021

European markets closed higher on Wednesday, reacting positively to some upbeat earnings reports and encouraging economic data that indicate a fairly strong global economic rebound. Mining stocks moved higher as copper prices rose past a key psychological level of $10,000 […]

January 20, 2021

Bank of New York Mellon (BK) – Get Report shares fell on Wednesday after the banking company reported declines in fourth-quarter earnings and revenue that stemmed from low interest rates. Net income fell to $755 million, or 79 cents a […]

December 15, 2020

Despite the dire economic reality that millions of Americans face today, the stock market has been on a tear. Intervention by the Fed and strong performance by tech companies helped the market rebound quickly. Plus, the election of Joe Biden […]

July 29, 2020

U.S. stock futures fell early Thursday as big technology shares declined ahead of their earnings reports after the bell. Apple, Amazon, Alphabet and Facebook, representing nearly $5 trillion in market capitalization, are all set to report. All four shares were […]

June 23, 2020

The stock market could be in trouble after its historic surge from the late-March lows as valuations become increasingly elevated, data compiled by RBC Capital Markets showed. The S&P 500′s trailing price-to-earnings ratio, a widely used valuation metric, is currently […]

February 14, 2020

NEW YORK — Stocks are opening mostly higher on Wall Street, with technology and retail companies leading the gainers. The three major indexes are on track for weekly gains. Chipmaker Nvidia rose in early after trading reporting strong earnings. Global […]

November 21, 2019

Institutional Investor Hall of Famer Richard Bernstein is making a bearish contrarian call on earnings. Despite Wall Street’s strong appetite for stocks right now, Bernstein believes there’s a high probability corporate earnings will come in negative next year. “The one […]

November 6, 2019

U.S. stocks wobbled between small gains and losses in early trading Wednesday and major indexes hovered around record highs as investors digested the latest batch of corporate earnings. Investors have been focusing on mostly solid corporate earnings and encouraging economic […]

November 5, 2019

U.S. corporate earnings are proving to be a lot more resilient than many Wall Street analysts were expecting only a few short weeks ago. Nearly three-fourths of companies in the S&P 500 have reported their third-quarter results so far. In […]

October 21, 2019

Stocks moved broadly higher on Wall Street Monday as investors watch the latest corporate earnings and developments in the U.S.-China trade war. China’s top negotiator said over the weekend that “substantial progress” was being made in its talks with the […]

July 30, 2019

U.S. stocks moved slightly lower on Wall Street Tuesday as President Donald Trump ramped up criticism of China just as negotiators began a new round of trade talks. The latest tweets injected anxiety into the markets in an already busy […]

April 26, 2019

Shares edged lower in Europe on Friday following a lackluster day in Asia ahead of the release of U.S. economic growth data later in the day. Benchmarks fell Friday in Paris, London, Tokyo and Shanghai but rose in Hong Kong […]

April 17, 2019

Spring earnings season is in full swing, and investors are getting a clearer look at their favorite stock’s true market position. So far, we’ve seen Goldman Sachs (GS – Get Report) shares take a beating after missing revenue expectations by […]

February 13, 2019

Last month, Wall Street’s major banks celebrated robust quarterly earnings virtually across the board. Even before Morgan Stanley disclosed comparatively disappointing numbers, the likes of Goldman Sachs, JP Morgan Chase, Citigroup, Bank of America, and Wells Fargo combined to report […]

October 31, 2018

Global markets were broadly higher Wednesday after major companies reported strong earnings for the third quarter, soothing fears that rising interest rates may deter corporate investment. KEEPING SCORE: In Europe, Britain’s FTSE 100 rebounded 1.5 percent to 7,138. Germany’s DAX […]

October 12, 2018

J. P. Morgan Chase topped analysts’ expectations for third quarter earnings as better-than-expected retail banking results offset weakness in bond trading. The bank beat expectations for earnings and revenue: J.P. Morgan reported revenue of $27.8 billion, versus the $27.5 billion […]