55.4 F
New York
May 7, 2021

Performance / Results / Earnings

AT&T beats revenue, wireless subscribers estimates

Reuters
April 22 (Reuters) – AT&T Inc’s wireless subscriber additions more than doubled first-quarter estimates, as the reopening of the U.S. economy after months of pandemic-led restrictions boosted its smartphone sales and media business, pushing revenue past Street targets. The company said on Thursday it added 595,000 net wireless phone subscribers......

BlackRock quarterly profit beats estimates as assets rise over $9 trln

Reuters
FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo (Reuters) -BlackRock Inc, the world’s largest asset manager, reported first-quarter profit ahead of Wall Street estimates as strong capital markets helped attract more money to its diverse funds. The......

Bank of America profit more than doubles on reserve release boost

Reuters
FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo (Reuters) – Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had......

U.S. digital ads spur Publicis’ return to growth

Reuters
(Reuters) – Publicis, the world’s third-largest advertising group, on Thursday beat market expectations as it returned to organic growth for the first time since before the pandemic, fuelled by high demand for digital advertising in the United States. FILE PHOTO: The logo of Publicis group is seen at the high......

Lockdown snacking: Lots to munch on when PepsiCo reports results

Reuters
(Reuters) – Will people break their lockdown snacking habit once the pandemic eases? FILE PHOTO: Bottles of Pepsi are pictured at a grocery store in Pasadena, California, U.S., July 11, 2017. REUTERS/Mario Anzuoni/File Photo GLOBAL BUSINESS WEEK AHEAD PepsiCo Inc’s results on Thursday will give investors a glimpse of how......

Goldman Sachs profit soars on global deals frenzy, trading boom

Reuters
(Reuters) – Goldman Sachs Group Inc surged past Wall Street expectations for first-quarter profit on Wednesday, as the U.S. investment banking giant capitalized on record levels of global dealmaking and a coronavirus-driven boom in equity trading. An unprecedented boom in private firms merging with listed shell companies to go public......

Tesco reports 2 billion pounds profit after ‘exceptionally strong’ sales

Reuters
FILE PHOTO: A logo of Tesco is pictured outside a Tesco supermarket in Hatfield, Britain October 6, 2020. REUTERS/Peter Cziborra/File Photo LONDON (Reuters) – Tesco, Britain’s biggest retailer, on Wednesday beat its guidance by reporting total adjusted retail operating profit of 1.99 billion pounds ($2.74 billion) after seeing “exceptionally strong”......

Qatar National Bank’s Q1 net profit falls 7% as provisions climb

Reuters
DUBAI, April 11 (Reuters) – Qatar National Bank (QNB) , the biggest lender in the Gulf, said on Sunday its first quarter net profit fell by 7% from a year earlier to 3.3 billion riyals ($906 million) as it booked 1.4 billion riyals in “precautionary” loan loss provisions. The bank’s......

Wall Street Week Ahead: With stocks at record highs, investors look to upcoming earnings

Reuters
NEW YORK (Reuters) – Wall Street is kicking off a crucial reporting season as U.S. companies provide quarterly results a year after the coronavirus pandemic crippled the economy and as investors look for reasons to support a stock market at record highs. FILE PHOTO: A sign for the Wall Street......

India reports record 126,789 new COVID-19 cases

Reuters
NEW DELHI (Reuters) – India reported a record-high 126,789 new COVID-19 cases, health ministry data showed on Thursday, with much of the country struggling to contain a second surge in coronavirus infections. Deaths rose by 685, taking the tally to 166,862, the data showed. India’s overall caseload reached 12.9 million,......

India reports record 126,789 new COVID-19 cases

Reuters
NEW DELHI (Reuters) – India reported a record-high 126,789 new COVID-19 cases, health ministry data showed on Thursday, with much of the country struggling to contain a second surge in coronavirus infections. Deaths rose by 685, taking the tally to 166,862, the data showed. India’s overall caseload reached 12.9 million,......

Samsung Electronics says first-quarter profit likely rose 44%, matching expectations

Reuters
By Joyce Lee, Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output. FILE PHOTO: The......

Samsung Electronics says Q1 profit likely rose 44%, in line with analyst estimate

Reuters
SEOUL, April 7 (Reuters) – Samsung Electronics Co Ltd said on Wednesday first-quarter operating profit likely rose 44% on brisk sales of home appliances, smartphones and television sets, though chip earnings likely fell after a winter storm halted U.S. output. The South Korean technology giant forecast January-March profit of 9.3......

Tesla first-quarter deliveries beat estimates

Reuters
FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo (Reuters) -Tesla Inc on Friday beat Wall Street estimates for first-quarter deliveries, as solid demand offset the impact from a global shortage of parts.......

Tesla first-quarter deliveries beat estimates

Reuters
FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo (Reuters) -Tesla Inc on Friday beat Wall Street estimates for first-quarter deliveries, as solid demand offset the impact from a global shortage of parts.......

Exxon Mobil signals better first-quarter earnings as oil prices climb

Reuters
FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo (Reuters) – Exxon Mobil Corp expects rising first-quarter results across its three major businesses, with an at least $2 billion improvement from prices for oil......

Micron outlook beats expectations as memory chip prices rise

Reuters
By Tiyashi Datta, Stephen Nellis FILE PHOTO: The logo of U.S. memory chip maker MicronTechnology is pictured at their booth at an industrial fair in Frankfurt, Germany, July 14, 2015. REUTERS/Kai Pfaffenbach (Reuters) -Micron Technology Inc on Wednesday forecast fiscal third-quarter revenue above Wall Street estimates due to a rise......

ConocoPhillips sees higher Q1 output, warns of profit hit from unwinding hedges

Reuters
(Reuters) -ConocoPhillips said on Wednesday its first-quarter results will benefit from higher oil prices and output, while warning of a $600 million profit hit from its recent acquisition of Concho Resources and related commodity price hedges. FILE PHOTO: The logo for ConocoPhillips is displayed on a screen on the floor......

ConocoPhillips forecasts higher first-quarter output

Reuters
March 31 (Reuters) – ConocoPhillips said on Wednesday it expects production in the first quarter to be 29.3% higher than the previous quarter. The top independent U.S. oil producer forecast production of 1.47 million barrels of oil equivalent per day (boepd) to 1.49 million boepd, which included an about 50,000......

France’s Capgemini ups mid-term margin targets on global tech expansion

Reuters
FILE PHOTO: The logo of Cap Gemini is seen at the entrance of the company headquarters in Paris, France, February 18, 2016. REUTERS/Charles Platiau (Reuters) – French consulting and IT services provider Capgemini raised its mid-term margin targets on Wednesday, citing the rapidly expanding use of cloud solutions and artificial......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More