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January 20, 2021

Breaking News: Earnings

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

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CNBC – For more and to sign up click here James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report fourth-quarter earnings before......

Here’s what to expect from Procter & Gamble earnings

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CNBC – For more and to sign up click here Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected to announce its fiscal second-quarter earnings......

Netflix shares rise 11% on strong subscriber growth, considers share buybacks

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CNBC – For more and to sign up click here (L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix reported earnings for the fourth......

Goldman Sachs beats analysts’ estimates on stronger-than-expected stock trading, investment banking

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CNBC – For more and to sign up click here David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs on Tuesday beat analysts’ expectations for fourth-quarter profit and revenue on strong performance from the firm’s equities......

Bank of America posts quarterly profit that exceeds analysts’ expectations but revenue falls short

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CNBC – For more and to sign up click here Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020 CNBC Bank of America on Tuesday reported fourth-quarter profit that exceeded analysts’ expectations as the firm released some of the cash it had set aside for......

JPMorgan beats profit estimates on better-than-expected credit, trading revenue

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CNBC – For more and to sign up click here Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase beat analysts’ estimates for fourth-quarter profit on better-than-expected trading......

Citigroup is set to report fourth-quarter earnings – here’s what the Street expects

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CNBC – For more and to sign up click here Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report......

Walgreens shares surge after its earnings top estimates, fueled by higher drug sales

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CNBC – For more and to sign up click here People wear protective face masks outside Walgreens pharmacy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. Noam Galai | Getty......

Bed Bath & Beyond shares plummet as retailer’s earnings fall short; store closures, divestitures weigh on sales

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CNBC – For more and to sign up click here Bed Bath & Beyond shares plummeted Thursday, after the retailer reported a quarterly sales decline of 5% from a year ago, which it said was largely due to the sale of non-core assets like Cost Plus World Market and ongoing......

Nike shares rip toward record high, as investors see digital bets paying off

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CNBC – For more and to sign up click here Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020.......

Nike shares rise as pandemic fuels sneaker maker’s online growth, annual revenue outlook gets a boost

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CNBC – For more and to sign up click here Nike on Friday reported quarterly sales and earnings that topped analysts’ estimates, driven by triple-digit growth online in North America and strong demand for its sneakers and workout apparel from Chinese consumers. It was able to cut expenses as it......

Olive Garden parent’s revenue falls 19% as new dining restrictions hit same-store sales

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CNBC – For more and to sign up click here Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly revenue that fell short of analysts’ expectations as another wave of pandemic-related dining restrictions weighed on its......

FedEx beats quarterly earnings and revenue estimates but cites continued uncertainty of Covid pandemic

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CNBC – For more and to sign up click here A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images News FedEx generated better-than-expected profits and revenue during its most recent quarter as the coronavirus pandemic continues to bolster......

Oracle reports slow revenue growth as licensing and hardware businesses decline

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CNBC – For more and to sign up click here Safra Catz, co-chief executive officer of Oracle Corp., speaks during the SelectUSA Investment Summit in Oxon Hill, Maryland, U.S., on Monday, June 19, 2017. The SelectUSA Investment Summit brings together companies from all over the world, economic development organizations from......

Lululemon earnings, sales top estimates on strong demand for workout gear

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CNBC – For more and to sign up click here Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon on Thursday reported sales of $1.1 billion, up 22% from a year ago and beating analysts’ estimates, as shoppers frequented the retailer’s stores and website......

Stitch Fix shares skyrocket more than 30% on earnings beat, upbeat outlook

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CNBC – For more and to sign up click here Katrina Lake, founder and chief executive officer of Stitch Fix Inc. Patrick T. Fallon | Bloomberg | Getty Images Stitch Fix shares soared Monday, after the company reported a surprise profit and revenue growth of 10% from a year ago.......

Snowflake shows 119% revenue growth in first earnings report as a public company

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CNBC – For more and to sign up click here Frank Slootman, CEO of Snowflake Inc. on Sept. 16th, 2020. CNBC Shares of Snowflake fell as much as 8% in extended trading on Wednesday after the data-warehousing software maker issued its first quarterly financial results as a public company. Here’s......

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