Breaking News: Earnings
General Motors is set to report earnings before the bell. Here’s what Wall Street expects
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday. Wall Street expects General Motors to report solid, if not “resilient,” results for the first quarter of […]
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United Airlines slashes 2024 aircraft delivery plan as Boeing crisis leads to delays
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the plane-maker’s safety crisis. United expects to receive just […]
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Morgan Stanley tops expectations on wealth management, trading and advisory results
Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment banking exceeded expectations. Here’s what the company reported: […]
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Bank of America tops estimates on better-than-expected interest income, investment banking
Bank of America Chairman and CEO Brian Thomas Moynihan testifies during a Wall Street oversight hearing by the Senate Banking, Housing, and Urban Affairs committee on Capitol Hill in Washington, DC, December 6, 2023. Saul Loeb | AFP | Getty Images Bank of America on Tuesday reported first-quarter earnings that topped analysts’ estimates for profit […]
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Goldman Sachs reports earnings before market open — here’s what the Street expects
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $8.56 per share, according to LSEG Revenue: […]
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Citigroup tops estimates for first-quarter revenue, helped by trading results
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected trading revenue. Here’s what the company reported: Earnings: $1.58 per share, unclear if comparable […]
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JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects
Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici | CNBC JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $4.11 a share, according to […]
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Nearly half of Levi's sales are happening online and in its shops, a shift as department stores fade
Levi Strauss, which has long relied on wholesalers like Macy’s and Kohl’s to drive its business, is now doing nearly half of its sales through its own website and stores, the company said Wednesday when reporting fiscal first quarter earnings. In the three months ended Feb. 25, direct-to-consumer sales made up a record 48% of […]
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Lululemon shares plunge 10% on weak guidance, slowing North America growth
Lululemon on Thursday reported holiday earnings that topped expectations, but the athletic apparel retailer’s guidance came in below estimates as its growth in North America stagnates. Here’s how company did in its fourth fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv: Earnings […]
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Nike getaway sales leading estimates, served by better than envisioned North The united states advancement
The Nike logo is shown at a Nike Perfectly Collective retail outlet on February 16, 2024 in Glendale, California. Mario Tama | Getty Visuals Nike on Thursday claimed holiday gross sales that beat estimates, assisted by greater than anticipated advancement in North The united states. Here’s how the business performed in contrast with what Wall […]
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