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Bank of America profit more than doubles on reserve release boost
Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses......»»
Samsung first-quarter profit likely surged 45% on bumper smartphone, appliance sales
Samsung Electronics Co Ltd likely saw a 45% jump in profit for January-March on robust sales of smartphones, TVs and home appliances, though chip division earnings are seen tumbling after a storm suspended production at its U.S. plant......»»
Cal-Maine shares up 2.2% premarket as profit blows past estimates, offsetting sales miss
Cal-Maine Foods Inc. shares rose 2.2% in premarket trade Monday, after the egg producer posted a far bigger-than-expected profit for its fiscal third quarter, offsetting a sales mi.....»»
UPDATE: Burlington Stores profit and sales beat estimates, stock jumps 4.6% premarket
Discount retailer Burlington Stores Inc. said Thursday it had net income of $155.9 million, or $2.33 a share, in the fourth quarter, down from $206.3 million, or $3.08 a share, in the year-earlier period. Adjusted per-share earnings came.....»»
Goodyear shares jump 5% premarket after tire maker swings to profit and tops sales estimates
Goodyear Tire & Rubber Co. shares jumped 5% in premarket trade Tuesday, after the company's fourth-quarter earnings beat profit estimates by a wide margin. The company swung to a profit of $63 .....»»
PayPal profit tops estimates as pandemic drives online spending to record levels
PayPal's processed payments in the latest quarter rose 39% to $277.1 billion, with an additional 16 million net new active customers.....»»
BP lost $5.7 billion in 2020, its first annual loss in 10 years, as oil and gas demand slumped during the pandemic
BP reported a profit of $115 million in the last quarter of 2020, falling short of analysts' estimates. BP gas station in SOUTHGATE, MICHIGAN Gregory Shamus/Getty Images BP report.....»»
Stanley Black & Decker profit more than doubles to handily beat estimates
Stanley Black & Decker Inc. posted better-than-expected earnings for the fourth quarter, as profit more than doubled from the.....»»
Samsung reports profit jump driven by strong chip demand
Samsung expects its profit to weaken in the current quarter with a weak dollar and costs associated with expanded production lines.....»»
Foxconn reportedly obtains extra iPhone 12 Pro orders
Foxconn Technology Group (Hon Hai Precision Industry) is expected to see extra momentum in the first quarter of 2021 thanks to Apple increasing orders for the iPhone 12 Pro series, according to some market observers......»»
Citigroup beats profit estimates but revenue falls short
Citigroup Inc. said Friday it had net income of $4.6 billion, or $2.08 a share, in the fourth quarter, down from $5.0 billion, or $2.15 a share, i.....»»
Saudi Aramco profit falls 25% but dividend in line with planned payout for year
Saudi Aramco, the world's top oil exporting company, on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion payout for the year......»»
Saudi Aramco net profit falls 25% as oil prices slide
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates. Ciara Lee reports.....»»
Saudi Aramco first-quarter net profit falls 25% as oil prices slump
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand......»»
Marriott profit misses as bookings, revenue per room plunge
U.S. hotel operator Marriott missed already lowered estimates for first-quarter profit by a huge margin on Monday, as bookings plunged due to coronavirus-led lockdowns that kept a quarter of its hotels closed......»»
Dish Network profit falls short of estimates, but revenue beats
Dish Network Corp. said Thursday it had net income of $73 million, or 13 cents a share, in the first quarter, down from $340 million, or 6.....»»
Fox Corp quarterly revenue tops estimates as Super Bowl boosts viewership
Fox Corp beat Wall Street estimates for third-quarter revenue and profit on Wednesday as Super Bowl broadcast boosted television viewership, sending the company's shares up more than 2% in extended trading......»»
GM tops estimates despite coronavirus, sets North American restart
General Motors Co on Wednesday reported a huge plunge in first-quarter profit that raced past expectations, and the automaker outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic......»»
Coronavirus hits GM first-quarter profit hard
General Motors Co on Wednesday reported a huge plunge in first-quarter quarter profit as it burned through cash with its the North American vehicle production shut down due to the coronavirus pandemic......»»
CVS Health first-quarter profit beats on COVID-19 stockpiling
CVS Health Corp on Wednesday posted first-quarter profit above Wall Street estimates, as its pharmacy benefits management business and its drugstores benefited from customers stockpiling medicines due to COVID-19 lockdowns......»»