Breaking News: Earnings
Bank of America reports fourth-quarter earnings before the bell
Key Points Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter. Last month, CEO Brian Moynihan told investors that his firm would hit guidance for NII of about $14.3 billion. Investors will be keen to hear about the company’s target for 2025, especially as […]
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Citigroup shares rise as fourth-quarter earnings top estimates
Jane Fraser 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 reported its fourth-quarter earnings Wednesday morning ahead of Wall Street’s opening bell. Here is how the company did relative to LSEG analyst consensus estimates: Earnings: $1.34 a share, […]
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JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects
CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. Lucovic Marin | Getty Images JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall […]
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Goldman Sachs is about to report fourth-quarter earnings
Key Points Goldman Sachs reports fourth-quarter earnings before market open Wednesday. Analysts surveyed by LSEG expect earnings per share of $8.22 and revenue of $12.39 billion. Goldman executives will host an investor call at 9:30 a.m. ET. Source
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Walgreens results top estimates as drugstore chain works to slash costs
People walk by a Walgreens on Nov. 3, 2024 in Brookline, Massachusetts. Danielle DeVries | CNBC Walgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a rough spot. Here’s what Walgreens reported for the three-month period ended Nov. 30 […]
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Nike will report earnings after the bell. Here’s what Wall Street expects
Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024. Frederic J. Brown | Afp | Getty Images Nike on Thursday will report its fiscal second-quarter earnings, its first quarterly earnings under new CEO Elliott Hill, who is expected to lay out the early innings of a strategy to […]
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Costco beats on earnings as membership fee hike boosts revenue
A Costco Wholesale store in Connecticut. Lindsey Nicholsonp | Getty Images Costco on Thursday beat Wall Street’s quarterly earnings and sales estimates, as it got a boost in part from higher membership fees. Here is how the warehouse club did for the fiscal first quarter compared to what Wall Street expected, according to a survey […]
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Macy’s ends delivery expense investigation, saying employee hid $151 million
A Macy’s store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Macy’s on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of delivery expenses on its accounting books for nearly three years […]
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Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon‘s U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants company on Thursday beat Wall Street’s expectations on the top and bottom lines and said it’s “pleased” with the start to the holiday season. Here’s how […]
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Ulta Beauty beats Wall Street’s earnings expectations, despite fears of slowing demand
Beauty products on the shelves at Ulta on State Street in Chicago on Feb. 4, 2015. Brian Cassella | Tribune News Service | Getty Images Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. The retailer hiked its full-year outlook slightly […]
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