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January 24, 2021

quarterly

Union Pacific quarterly profit beats on higher shipment volumes

Reuters
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

Reuters
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

CNBC
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

Reuters
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

CNBC
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

CNBC
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

FoodBusinessNews
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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