Earnings

In this article C Jane Fraser, CEO of Citigroup Citigroup Citigroup topped expectations for first-quarter profit and revenue on better-than-expected trading results as Wall Street benefited from surging volatility tied to the Ukraine war. Shares rose 2.6% in early trading. Here’s what the company reported compared with what Wall Street was expecting, based on a

In this article WFC Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo posted first-quarter revenue that fell short of Wall Street estimates and said future credit losses are set to increase. However, the bank’s earnings last quarter topped estimates as loan

In this article MS A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022. Brendan McDermid | Reuters Morgan Stanley is set to report first-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: $1.68 a share, 23% lower

In this article JPM JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019. Jeenah Moon | Reuters JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $2.69 per share, 40% lower than

In this article DAL A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines expects to return to a profit this quarter thanks to a jump in bookings —

A pedestrian walks by a Bed Bath and Beyond store on November 04, 2021 in Larkspur, California. Justin Sullivan | Getty Images Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. Shares of the

In this article LEVI An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Denim retailer Levi Strauss & Co. on Tuesday reported fiscal first-quarter earnings and revenue that topped analysts’ estimates

In this article WBA A person enters a Walgreens store in San Francisco, California, U.S., on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday topped analysts’ expectations for fiscal second-quarter earnings, after the omicron variant intensified demand for Covid booster shots and tests during the winter

Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company. But the Chinese technology giant’s income surged last year as it focused on boosting profitability. “Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing, and we are

In this article DRI An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that missed analysts’ expectations, saying the omicron variant of Covid-19 led to disappointing sales for its Olive Garden chain. The company also lowered its earnings outlook for

In this article 700-HK Tencent’s twin-skyscrapers at Shenzhen Bay Start Up Plaza in Nanshan business district. Nikada | Getty Images Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021 as the Chinese technology giant continues to feel the impact of Beijing’s regulatory tightening on the domestic technology sector. However,

In this article NKE Nike on Monday reported earnings and sales for the fiscal third quarter that topped analysts’ estimates, thanks to robust demand in North America as consumers headed back to stores. The better-than-expected results proved Nike’s ability to operate in a volatile environment, CEO John Donahoe said in a press release. “Marketplace demand

An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion. Aramco’s 2021 net income increased by 124% to $110 billion in 2021,

In this article GME A mall visitor walks be a GameStop store on December 08, 2021 in San Rafael, California. Justin Sullivan | Getty Images GameStop shares on Thursday fell more than 8% in extended trading, after the video game retailer reported an unexpected loss during the holiday quarter. The video game retailer did not

In this article WRBY A customer tries on glasses at a Warby Parker store in Los Angeles. Michael Buckner | Getty Images Warby Parker shares sunk in premarket trading Thursday after the eyewear retailer reported continued losses and said its sales were hurt during the holiday quarter due to the omicron variant of Covid-19, which

Safra Catz, then co-chief executive officer of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares slid more than 6% in extended trading on Thursday after the database software maker reported fiscal third-quarter earnings that failed to meet analysts’

In this article SFIX The Stitch Fix application for download in the Apple App Store on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard | Bloomberg | Getty Images Stitch Fix shares tumbled in extended trading Tuesday

In this article DKS Signage outside a Dick’s Sporting Goods Inc. store in Clarksville, Indiana, on Monday, Nov. 9, 2020. Luke Sharrett | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported profits and sales growth in its holiday quarter that topped analysts’ estimates, as the company laps massive gains from the prior year

In this article SG A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses but strong fourth-quarter sales growth and promising performance at its restaurants in its first quarterly report since its initial public offering. The salad chain also issued a strong sales outlook for 2022, although it

In this article GPS Sale signs are on display in the windows of a Gap retail location. Scott Mlyn | CNBC Gap Inc. shares climbed in after-hours trading Thursday after the apparel retailer offered an upbeat forecast for its profits in 2022, in spite of rising inflation and logistics challenges. Supply chain snarls still remain