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Rising fares push Delta past profit estimates

Delta Air Lines Inc topped estimates for quarterly profit and operating revenue Thursday as a rise in average fares trumped an almost 40 percent surge in fuel costs, pushing shares higher......»»

Category: topSource: reutersJul 12th, 2018

Nintendo"s second-quarter profit doubles as Switch Lite delivers boost

Nintendo Co Ltd's second-quarter operating profit more than doubled, blowing past analyst estimates, on strong demand for its Switch console......»»

Category: topSource: reutersOct 31st, 2019

Merck beats estimates as Keytruda sales top $3 billion for first time

Merck & Co Inc blew past Wall Street expectations for third-quarter profit on Tuesday, as sales of its blockbuster immunotherapy Keytruda crossed the $3-billion mark for the first time in a quarter and beat lofty estimates......»»

Category: topSource: reutersOct 29th, 2019

Amazon"s gloomy holiday forecast misses estimates, shares fall 7%

Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally......»»

Category: topSource: reutersOct 24th, 2019

Amazon"s gloomy holiday sales forecast misses estimates, shares fall 7%

Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally......»»

Category: topSource: reutersOct 24th, 2019

Southwest profit jumps 7.2% as demand, MAX cancellations push up fares

Southwest Airlines Co reported a 7.2% rise in third-quarter profit on Thursday, driven by strong travel demand and higher fares following flight cancellations due to the grounding of its Boeing 737 MAX jets......»»

Category: topSource: reutersOct 24th, 2019

Northrop Grumman blows past profit estimates for Q3 as sales fall short

Aerospace and defense company Northrop Grumman Corp. said Thursday it had net income of $933 million, or $5.49 a share, in the third quarter, down from $1.2 billion, or $7.11 a share, in the year-earlier period. The year-earlier number included a $1.01.....»»

Category: topSource: marketwatchOct 24th, 2019

Centene posts narrow profit beat, signals early close of WellCare deal

Centene Corp said on Tuesday its deal for WellCare Health Plans could close sooner than previously expected and posted a profit that edged past Street estimates, reassuring investors of strength in its core Medicaid business......»»

Category: topSource: reutersOct 22nd, 2019

United lifts 2019 profit target as strong travel demand outweighs MAX crisis

United Airlines on Tuesday topped Wall Street estimates for quarterly profit, boosted by higher fares and lower fuel costs, and lifted its 2019 profit target despite the continued grounding of the Boeing 737 MAX......»»

Category: topSource: reutersOct 15th, 2019

PepsiCo"s quarterly profit beats as advertising push pays off

PepsiCo Inc beat quarterly revenue and profit estimates on Thursday, as ramped up advertising and new low calorie versions of Gatorade boosted demand for its beverages in North America......»»

Category: topSource: reutersOct 3rd, 2019

Wendy"s backs full-year profit target after narrow beat, shares rise

Wendy's Co stuck to its full-year profit forecast on Wednesday after edging past analysts' estimates for second quarter in the face of a handful of major marketing investments by some of its biggest rivals, sending its shares 7% higher......»»

Category: topSource: reutersAug 7th, 2019

SoftBank"s profit blows past estimates on Vision Fund gains

Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund......»»

Category: topSource: reutersAug 7th, 2019

SoftBank Group"s profit blows past estimates on Vision Fund gains

Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund......»»

Category: topSource: reutersAug 7th, 2019

SoftBank Group first-quarter profit blows past estimates on Vision Fund gains

Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit due to a leap in investing gains from the $100 billion Vision Fund......»»

Category: topSource: reutersAug 7th, 2019

Higher costs negate rising beer sales for Heineken

Heineken NV , the world's second-largest brewer, missed estimates for first-half profit on Monday, as rising input costs offset higher beer sales......»»

Category: topSource: reutersJul 29th, 2019

Volkswagen second-quarter operating profit up 30% as SUV push pays off

Volkswagen Group said its second-quarter operating profit rose 29.9% despite a 1.8% drop in vehicle sales after the VW brand launched a raft of higher-margin sports utility vehicles and amid rising sales at Porsche and Skoda......»»

Category: topSource: reutersJul 25th, 2019

United tops profit estimates as MAX woes prompt higher fares in robust travel market

United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co's 737 MAX reduced capacity......»»

Category: topSource: reutersJul 16th, 2019

Delta Air quarterly profit surges 39% on higher fares

Delta Air Lines Inc reported a 39.3% rise in quarterly profit on Thursday, as the second-largest U.S. carrier benefited from higher fares and flying fuller planes......»»

Category: topSource: reutersJul 11th, 2019

CarMax shares up 3.6% premarket as earnings blow past estimates

CarMax Inc. shares rose 3.6% in premarket trade Friday, after the used car retailer topped profit and sales estimates for its fiscal first quarter. The company said it had net income of $266.7 million, or $1.59 a share, in the quarter to M.....»»

Category: topSource: marketwatchJun 21st, 2019

4 Billion-Dollar Marijuana Stocks With Rising Profit Estimates

Despite weaker-than-expected cannabis sales in Canada, some big pot stocks have increasing EPS projections......»»

Category: topSource: foxnewsMay 24th, 2019

Best Buy sees solid second quarter on rising demand for wearables

Best Buy Co Inc forecast second-quarter sales and profit above estimates on Thursday, as the consumer electronics retailer saw strong demand for wearables and tablets and signed up more people to its subscription-based tech support services......»»

Category: topSource: reutersMay 23rd, 2019