Share Buybacks Distort Profit Picture

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Tyson Foods Inc. said Thursday it had net income of $467 million, or $1.28 a share, in its fiscal first quarter to Jan. 2, down from $509 million, or $1.38 a share, in the year-earlier p.....»»

Tyson Foods Inc. said Thursday it had net income of $467 million, or $1.28 a share, in its fiscal first quarter to Jan. 2, down from $509 million, or $1.38 a share, in the year-earlier p.....»»

Periods with historically low Treasury yields and strong earnings tend to drive the biggest market gains, strategist James Paulsen said. Stan Honda/AFP/Getty Images Expectations for strong profit growth amid low yields in 2021 should se.....»»

Merck & Co. Inc (NYSE: MRK) reported a fourth-quarter profit of $1.32 per share, which missed the analyst cons.....»»

Alphabet’s quarterly profit rose 43% to $15.2 billion, or $22.30 per share, compared with the average estimate of $10.895 billion, or $15.95 per share......»»

Excluding one-time items, the company earned $3.48 per share, missing the estimate of $3.73, according to IBES data from Refinitiv.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Altria Inc. said it had net income of $1.924 billion, or $1.03 a share, in the fourth quarter, after a loss of $1.809 billion, or $1.00 a share, in the year-earlier period. Adjusted per-share earnings came to 99 cents, below the $.....»»

Raytheon beat analyst estimates for EPS and revenue while posting strong free cash flow. Now the company says it will buy back shares this year. Raytheon.....»»

The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share. Brian Moynihan, CEO of Bank of America. Bobby Yip/Reuters Bank of America po.....»»

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.....»»

Bristol Myers Squibb Co. said Monday its board has approved an additional $2 billion of share buybacks, bringing the company's full authorization to about $6.4 bil.....»»

Constellation Braands, whose Chicago-based beer division imports Corona and Modela beers, said it had profit of $6.55 per share. Earnings,.....»»

Highlights as at November 30, 2020: 12-month return of 6.3% 6-month return of 11,0% Share value at $49.11 (up $4.87 since June 30, 2020 and $2.91 since December 31, 2019) 6-month comprehensive income (profit) of $1.6 billion Net as.....»»

The Fed is limiting dividends and share buybacks in the first quarter based on a bank's income over the past year. Here's what that means for shareholders......»»

Bank stocks are showing g.....»»

The Federal Reserve on Friday loosened its ban on share buybacks for the largest banks that were put in place earlier this year to ensure the sector had enough capital to continue to function during the coronavirus pandemic......»»

Share repurchases are a logical and effective way to help shareholders, if done rightRelated Stocks: AMZN, AAPL, DAL, AAL, LUV, BRK.A, BRK.B, GOOGL, MSFT,.....»»

Getty Images Billionaire Chamath Palihapitiya said in a Tuesday interview with CNBC that he thinks Jeff Bezos is a better investor than Warren Buffett.  His argument focuses on share buybacks, whi.....»»