Earnings

BlackRock, the largest asset manager in the world, reported quarterly earnings and revenue that missed analysts’ expectations on Wednesday. Here’s how the company did compared with what Wall Street expected: Earnings: $6.08 cents per share vs. $6.27 per share forecast by Refinitiv Revenue: $3.434 billion vs. $3.516 billion forecast by Refinitiv The company’s assets under
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Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: 89 cents per share, according to Refinitiv. Revenue: $9.295 billion. Wealth management: $4.45 billion revenue, according to FactSet Trading: Equities: $2.04 billion. Fixed income: $800 million. Under Chief Executive Officer James Gorman, Morgan Stanley has
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Top U.S. aluminum producer Alcoa beat Wall Street estimates for quarterly profit on Wednesday, buoyed by strength in its alumina segment, but shares slipped after the company did not provide a closely watched profit measure for the full year. The company’s shares were down 1.6 percent in extended trading, reversing course after rising as much
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Netflix posted mixed fourth-quarter earnings results Thursday, sending shares down roughly 4 percent in extended trading. Here’s how the company did compared with Wall Street estimates: EPS: 30 cents, vs. 24 cents forecast by Refinitiv consensus estimates Revenue: $4.19 billion, vs. $4.21 billion forecast by Refinitiv consensus estimates Domestic subscriber additions: 1.53 million, vs. 1.51
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Tiffany same-store sales fell 2 percent during the holiday shopping season as Chinese tourists bought less jewelry, the U.S. luxury jeweler said on Friday while tempering its outlook for annual earnings. During the November-December period, Tiffany’s net sales also fell, about 1 percent to $1.04 billion, and Chief Executive Officer Alessandro Bogliolo blamed softening demand
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CSX on Wednesday reported quarterly profit that topped Wall Street’s expectations, but shares fell 2 percent after the No. 3 railroad operator forecast less robust revenue growth for 2019. CSX forecast low single-digit revenue growth for 2019 on the heels of 7.4 percent growth last year. Chief Executive James Foote told Reuters the outlook reflects
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Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $4.30 per share, a 24 percent decline from a year ago, according to Refinitiv. Revenue: $7.55 billion, a decline of 3.6 percent from a year earlier. Trading Revenue: Equities: $1.64 billion, Fixed income: $992 million, according
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Ford Motor on Wednesday offered a fourth-quarter earnings forecast that was below Wall Street’s expectations. The No. 2 U.S. automaker said it could see improvement in 2019 earnings and revenue as global industry sales remain flat, but it did not provide any figures. “For 2019, we see the potential for year-over-year improvement in company revenue,
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UnitedHealth shares jumped 1 percent in premarket trading Tuesday after it reported fourth-quarter earnings that beat Wall Street’s expectations, helped by growth in its services business. Here’s UnitedHealth’s results vs. what Wall Street expected: Earnings: $3.28 per share vs. $3.21 per share, forecast by Refinitiv. Revenue: $58.42 billion vs. $58.01 billion, forecast by Refinitiv. The
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Shares of Constellation Brands dropped 7 percent in premarket trading Wednesday morning after the brewer released a disappointing outlook for the fiscal year. Here’s what the company reported for its fiscal third quarter compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $2.37, adjusted, vs. $2.06
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Micron Technology shares dropped more than 6 percent during after hours trading Tuesday after the company missed revenue expectations in its quarterly earnings. The company reported $7.91 billion, missing revenue estimates of $8.02 billion. However, it exceeded expectations in earnings, reporting $2.97 per share, beating analysts’ expectations of $2.96 per share. On a conference call,
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Walgreens Boots Alliance on Thursday reported quarterly earnings and revenue that beat analysts’ expectations. Shares of the company dipped less than 1 percent in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.46, adjusted, vs. $1.43 expected Revenue:
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Accenture reported a 7.4 percent rise in quarterly revenue on Thursday, as it reaped the benefit of its investments in digital and cloud services. Net income attributable to the consulting and outsourcing services provider rose to $1.28 billion, or $1.96 per share, in the first quarter ended Nov 30 from $1.12 billion, or $1.79 per
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