Break'n News - Tag: quarterly

Union Pacific quarterly profit beats on higher shipment volumes

ReutersJanuary 21, 2021

by ReutersJanuary 21, 202101

FILE PHOTO: A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren (Reuters) – Union Pacific Corp on Thursday beat Wall Street estimates for quarterly profit, as the U.S. railroad operator benefited from higher volumes......

Kinder Morgan reports 24.5% jump in quarterly profit

ReutersJanuary 20, 2021

by ReutersJanuary 20, 202101

Jan 20 (Reuters) – Kinder Morgan Inc reported a 24.5% rise in fourth-quarter profit from the third on Wednesday as demand for transporting natural gas picked up after a coronavirus-induced slump hurt volumes earlier in 2020. Adjusted profit rose to $604 million, or 27 cents per share, in the three......

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

CNBCJanuary 19, 2021January 19, 2021

by CNBCJanuary 19, 2021January 19, 2021010

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......

Wells Fargo posts higher quarterly profit

ReutersJanuary 15, 2021

by ReutersJanuary 15, 202101

FILE PHOTO: Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon (Reuters) – Wells Fargo & Co reported a higher quarterly profit on Friday, as stabilizing credit costs helped offset the hit from low-interest rates meant to prop up the ailing economy during......

These quarterly winners still offer value and high growth potential, traders say

CNBCDecember 26, 2020December 26, 2020

by CNBCDecember 26, 2020December 26, 2020014

CNBC – For more and to sign up click here Can any of this quarter’s top performers stay on their hot streak? Two market analysts went digging for so-called stock market treasures that met the following criteria this week on CNBC’s “Trading Nation”: Attractive valuation (i.e., low multiple) High potential......

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

CNBCDecember 17, 2020December 17, 2020

by CNBCDecember 17, 2020December 17, 2020071

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......

E-commerce keys Walmart’s quarterly growth

FoodBusinessNewsNovember 19, 2020November 19, 2020

by FoodBusinessNewsNovember 19, 2020November 19, 202001

BENTONVILLE, ARK. — Driven overwhelmingly by growth in its e-commerce business, comparable sales in the US business of Walmart Inc. rose 6.4% in the company’s third quarter. While Walmart’s online business continued to operate at a loss, C. Douglas McMillon, president and chief executive officer, said the e-commerce business is......

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