JPMorgan earnings smash Wall Street"s targets as the bank posts its most profitable year ever

BOSTON (Reuters) - Wells Fargo & Co on Thursday said a cap on the bank's growth imposed by regulators after sales practices scandals would hurt earnings less than it thought this year, and forecast 2019 expenses below Wall Street expectations......»»

The company fell far short of Wall Street's earnings consensus. To be fair, it was based on a single analyst's research and no official bottom-line guidance......»»

Tesla was profitable for only the third time in its 15-year history. Tesla’s stock surged as much as 15% Wednesday, after posting earnings in the third quarter that blew away Wall Street’s profit forecasts.....»»

Amazon is flexing its earnings muscle, posting its four most-profitable quarters in a row over the past year. Wall Street analysts see that as the new norm......»»

While traditionally it is JPMorgan Chase that kicks off bank earnings season, this quarter, Citigroup is taking the spotlight with its just reported Q4 results (followed by JPMorgan and Wells Fargo & Co. on Tuesday), and.....»»

U.S. stocks rose on Tuesday, as hopes of more stimulus for China's slowing economy and a jump in Netflix shares helped investors look past disappointing earnings from JPMorgan and Wells Fargo......»»

U.S. stocks rose on Tuesday, as hopes of more stimulus for China's slowing economy and a jump in Netflix shares helped investors look past disappointing earnings from JPMorgan and Wells Fargo......»»

Wall Street analysts forecast that Caterpillar (NYSE: CAT) will report quarterly earnings of $5.14 per share in its upcoming release, pointing to a year-over-year increase of 4.7%. read more.....»»

"Over the past year, we've all witnessed the creat.....»»

On Tuesday, Johnson & Johnson (NYSE:JNJ) reported first-quarter adjusted EPS of $2.71, up 12.4% year over year, beat.....»»

JPMorgan Chase & Co. (NYSE:JPM) recently announced its quarterly earnings, surpassing Wall Street predictions and highlighting its significant financial strength. ... Read more.....»»

Investors appear cautious amid unease over Middle East tensions, expected delays to interest rate cuts, and bank earnings. Fed chair Jerome Powell.Aaron Schwartz/Getty Images US futures were flat ahea.....»»

SEI Investments (NASDAQ: SEIC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. read more.....»»

With U.S. stock futures trading slightly higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Citigroup Inc. (NYSE: C) to report quarterly earnings at $1.20 per share on revenu.....»»

Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed hopes of an imminent cut to interest rates. .....»»

Palo Alto Networks Inc. shares rose in the extended session Thursday after the cybersecurity company reported results that topped Wall Street estimates and hiked its outlook for the year......»»

Walmart Inc. raised its full-year earnings outlook as another batch of stimulus checks propelled same-store sales past Wall Street estimates......»»

The automaker still expects to bring in between $10 billion and $11 billion in adjusted pretax profit this year, desp.....»»

Microsoft turned in 19% revenue growth and 45% EPS growth year-over-year in its fiscal Q3 earnings release, bu.....»»

The market may switch gears next weekRelated Stocks: IBM, T, AXP, NFLX, KO,.....»»