Tag Archives: earnings

Bank of America (NYSE: BAC) reported a stronger-than-expected third-quarter performance on Wednesday, buoyed by solid loan and deposit growth, a surge in investment banking activity, and higher interest income — signaling robust momentum across its core businesses despite a challenging macro backdrop. Earnings Beat Across Key Segments The U.S. banking …

Delta Air Lines (NYSE: DAL) shares climbed nearly 6% after the carrier delivered better-than-expected third-quarter earnings and raised its full-year guidance, driven by resilient travel demand and effective cost management. Earnings Beat and Revenue Growth For the September quarter, Delta reported adjusted EPS of $1.71, surpassing analyst estimates of $1.53 …

The U.S. banking sector kicked off its second-quarter earnings season with a killer start, as major players like JPMorgan Chase, Citigroup, Wells Fargo, and Bank of New York Mellon unveiled results that had investors buzzing. Despite economic turbulence from President Donald Trump’s tariff policies and volatile markets, these financial giants …

US companies have delivered a robust earnings season, exceeding expectations and demonstrating significant growth. However, this positive performance has been overshadowed by broader economic concerns, leaving investors hesitant and stock prices subdued. This disconnect between strong earnings and market reaction reveals a complex interplay of factors influencing investor sentiment.Strong Earnings, …

Coca-Cola’s fourth-quarter earnings exceeded expectations, as the company’s strategy of encouraging consumers to buy higher-priced beverages fueled an unexpected rise in sales volume. The strong performance sent shares higher in premarket U.S. trading on Tuesday. The beverage giant (NYSE: KO) has introduced slimmer 12-ounce cans in the U.S. to boost …

McDonald’s Q4 results showed mixed performance, with revenue slightly below expectations and adjusted earnings per share reaching $2.80. Global same-store sales saw a modest 0.4% increase, but US same-store sales fell 1.4% year over year due to an E. coli outbreak. CEO Chris Kempczinski acknowledged the need for swift action …

Uber Technologies (NYSE:UBER) shares fell 6% premarket on Wednesday after reporting a lower-than-expected Q4 profit, with rising costs and a weaker Q1 bookings forecast overshadowing its revenue beat. Q4 Earnings Highlights Revenue: $11.96 billion (beat expectations of $11.77 billion) Adjusted EPS: $0.23 (missed estimates of $0.50) Gross Bookings: $44.2 billion …

Semiconductor stocks tumbled on Monday as President Donald Trump’s tariffs on Mexico, Canada, and China intensified trade tensions, sparking investor uncertainty. Key Market Moves Nvidia (NVDA): Down 2% AMD (AMD): Down 1.6% Broadcom (AVGO): Down 2% Qualcomm (QCOM): Down 1.9% Texas Instruments (TXN): Down 1.4% Intel (INTC): Down 1.4% TSMC: …

Exxon Mobil Corporation (NYSE: XOM) reported strong fourth-quarter earnings that beat analyst expectations, though revenue came in lower than projected. Despite this, the company’s stock rose 0.9% following the announcement. Key Financial Highlights – Q4 2024: Earnings: $7.6 billion ($1.72 per share) Adjusted Earnings (Excluding Identified Items): $1.67 per share …

American Express reported fourth-quarter financial results that largely met market expectations. The company achieved earnings per share (EPS) of $3.04, slightly surpassing the consensus estimate, while total revenue aligned with analyst projections at $17.18 billion. Notably, billed business reached a record high of $408.4 billion, reflecting a robust 8% year-over-year …