Earnings

IBM stock moved as much as 5% higher on Tuesday after the company reported fourth-quarter results that beat analysts’ estimates and forecast earnings growth in 2020. Here’s how the company did: Earnings: Excluding certain items, $4.71 per share, vs. $4.69 per share as expected by analysts, according to Refinitiv. Revenue: $21.77 billion, vs. $21.64 billion
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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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Getty Images 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
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Getty Images This is breaking news. Please check back for updates. Wells Fargo on Tuesday said fourth-quarter profits fell as persistent low interest rates and litigation charges weighed on its financial results. Earnings: 93 cents per share versus $1.12 per share forecast by Refinitiv Revenue: $19.86 billion versus $20.14 billion forecast by Refinitiv Quarterly profit at
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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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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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Goldman Sachs beat analysts’ estimates for revenue as the bank joined its Wall Street rivals in posting sharply higher fourth-quarter bond trading results.  The bank on Wednesday posted quarterly revenue of $9.96 billion, a 23% increase that exceeding the $8.51 billion estimate by more than $1 billion. The New York-based bank’s global markets division, by far
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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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A Delta Air Lines Boeing 767-300 landing in Amsterdam. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines‘ fourth quarter profits topped Wall Street’s expectations, as lower fuel prices and strong travel demand — particularly for high-priced premium tickets — lifted the Atlanta-based carrier’s results and boosted shares more than 4% in premarket trading
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Pedestrians walk past a Walgreens store in New York. Michael Nagle | Bloomberg | Getty Images Walgreens Boots Alliance missed Wall Street earnings expectations Wednesday, sending shares down by more than 5% in early trading. Here’s what Walgreens reported for its fiscal first quarter ended Nov. 30 compared with what Wall Street was expecting, based
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Visitors try out Blackberry smartphones on the first day of the CeBIT 2012 technology trade fair on March 6, 2012 in Hanover, Germany. Sean Gallup | Getty Images News | Getty Images Canada’s BlackBerry reported an 18% rise in third-quarter revenue on Friday, helped by increase in demand for its cybersecurity software. The company reported
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