Earnings

Oilfield services provider Halliburton’s third-quarter profit edged past analysts’ estimates on Monday, helped by its international business, even as pipeline bottlenecks in North America led to fewer well completions. Halliburton, the largest provider of hydraulic fracturing services, has seen demand for its services soften as U.S. producers cut down on spending and transportation bottlenecks in
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Procter & Gamble shares jumped Friday morning as the company said beauty sales helped propel higher-than-expected revenue growth during the latest quarter. The company also maintained its profit outlook for the full year. Its stock was climbing nearly 5 percent in premarket trading on the news. Here’s what P&G reported compared with what Wall Street
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American Express is scheduled to report third quarter earnings after the market close on Thursday. Here’s what Wall Street expects: Earnings: $1.77 cents per share, forecast by Refinitiv Revenue: $10.05 billion, forecast by Refinitiv Net income: $1.53 billion, forecast by StreetAccount American Express reports the day after notes from the recent Federal Open Market Committee
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Cessna business jet maker Textron reported a lower-than-expected quarterly profit on Thursday, hit by a slump in sales of its turboprop aircraft, sending its shares down 6.3 percent. The company’s business jet deliveries were flat in the third quarter despite a recovery in the sector driven by U.S. President Donald Trump’s tax cuts. Textron, which
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Sealed Air shares fell after the bubble wrap manufacturer previewed disappointing third-quarter earnings and slashed its full-year profit outlook on Wednesday. The company said it expects third-quarter earnings per share between 60 cents and 61 cents. Analysts had expected earnings of 66 cents per share, according to a Refinitiv consensus estimate. CEO Ted Doheny said
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IBM stock was down as much as 7 percent late in the morning Wednesday following revenue misses disclosed in its third quarter earnings report Tuesday. Its overall revenue was down 2 percent year over year. The revenue dip did not come as much of a surprise to many analysts, who expected a decline for the
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The company is projecting it will add 9.4 million net subscribers during the fourth quarter. “We’re getting a little better on the forecasting,” CEO Reed Hastings said after the earnings report. “I think by focusing going forward on paid [net adds] we’ll be able to be a little more accurate and focus on the fundamentals.”
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Investors drove shares of Domino’s down by 5.5 percent Tuesday, disappointed in slower-than-expected sales growth during the third quarter. Revenue rose 22.1 percent during the third quarter over the previous year to $786 million, the company said in releasing its earnings before the markets opened. It fell short of the $788.1 million expected in a
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UnitedHealth, the largest U.S. health insurer, on Tuesday reported better-than-expected third-quarter earnings and revenue. UnitedHealth earnings rose 28 percent to $3.41 per share. Total revenue rose 12.4 percent to $56.56 billion. Analysts on average had expected earnings of $3.29 per share on revenue of $56.34 billion, according to data from Refinitiv. UnitedHealth expects full-year adjusted
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Walmart on Tuesday cut its earnings outlook, as it previously warned it would do this, citing the impact of its acquisition of Indian e-commerce company Flipkart. The company also said e-commerce growth will be less robust next fiscal year, as it’s still fighting to win more shoppers online. Ahead of its annual investors meeting, Walmart
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Strong sales of cancer drugs and a turnaround in its baby care business helped Johnson & Johnson‘s third-quarter earnings and revenue outpace estimates. Here’s how Johnson & Johnson reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $2.05, adjusted, vs. $2.03 expected Revenue: $20.3 billion
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Bank of America beat analysts’ estimate for third-quarter profit and revenue as the firm set aside less than expected for loan losses. The bank posted 66 cents per share in earnings on Monday, a 43 percent increase, compared to the 62 cent estimate of analysts surveyed by Refinitiv. The firm’s revenue rose by a more
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