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American Express Company (NYSE: AXP) reported third quarter 2020 earnings results today. Consolidated revenues, net of interest expense, declined 20% to $8.8
American Express Company (NYSE: AXP) reported third quarter 2020 earnings results today. Consolidated revenues, net of interest expense, declined 20% to $8.8 billion, reflecting declines in Card Member spending and the average discount rate versus last year. Net income
Seagate Technology plc (NASDAQ: STX), a leading provider of data storage solutions, Thursday said its earnings declined in the first quarter of 2021, owing to a 10% fall in revenues. The bottom line, however, came in above Wall Street's expectations.
Intel Corporation (NASDAQ: INTC) reported third quarter 2020 earnings results today. Revenue fell 4% year-over-year to $18.3 billion. GAAP net income decreased 29% to $4.3 billion while EPS dropped 25% to $1.02. Adjusted EPS fell 22% to $1.11. For the
AT&T Inc. (NYSE: T) today reported its third quarter financial results for the period ended September 30, 2020. Net income for the third quarter was $2.8 billion, or $0.39 per share, compared to net income of $3.7 billion, or $0.50
Kimberly-Clark Corporation (NYSE: KMB) reported third quarter 2020 earnings results today. Net sales increased 1% to $4.7 billion year-over-year. Net income attributable to Kimberly-Clark dropped 30% to $472 million, or $1.38 per share. Adjusted EPS was $1.72. For full-year 2020,
The Coca-Cola Company (NYSE: KO) reported third-quarter 2020 financial results before the opening bell on Thursday. The beverage giant reported a 9% fall in Q3 revenues to $8.7 billion, beating the Wall Street consensus. Earnings of $0.55 per share were
American Airlines Group Inc. (NASDAQ: AAL) reported a net loss for the third quarter of 2020, as record-low passenger traffic and widespread flight cancellations continued to impact operations. However, the results came in above the consensus estimates. Third-quarter revenues plunged
Southwest Airlines Co. (NYSE: LUV) reported third quarter 2020 earnings results today. Operating revenues fell 68.2% year-over-year to $1.8 billion. Net loss was $1.1 billion, or $1.96 per share, compared to a net income of $659 million, or $1.23 per
Chipotle Mexican Grill (NYSE: CMG) reported third-quarter 2020 financial results after the closing bell on Wednesday. The restaurant chain reported a 14% rise in Q3 revenues to $1.6 billion, narrowly beating the Wall Street consensus. Earnings of $3.76 per share
Electric car maker Tesla Inc. (NASDAQ: TSLA) reported stronger-than-expected earnings and revenues for the third quarter of 2020 despite the disruption caused by coronavirus. The company’s stock gained 10% on Wednesday evening soon after the announcement. The Silicon Valley tech
Kinder Morgan, Inc. (NYSE: KMI) reported third quarter 2020 earnings results today. Revenues fell 9% to $2.9 billion compared to the same period last year. Net income attributable to Kinder Morgan fell 10% to $455 million while EPS dropped 9%
Abbott (NYSE: ABT) today announced its third quarter financial results for the period ended September 30, 2020. Net earnings for the third quarter was $1.23 billion, or $0.69 per share, compared to net earnings of $960 million, or $0.53 per
Biogen (NASDAQ: BIIB) reported third-quarter 2020 financial results before the opening bell on Wednesday. The biotechnology giant reported a 6% decline in Q3 revenues to $3.38 billion, beating the Wall Street consensus. Earnings of $8.84 per share were also stronger
Telecom giant Verizon Communications (NYSE: VZ) reported a decline in third-quarter revenues, reflecting the disruption caused by the pandemic. Adjusted earnings, meanwhile, remained unchanged year-over-year and exceeded the market’s forecast. Operating revenues dropped 4.1% annually to $31.5 billion, which was
Thermo Fisher Scientific Inc. (NYSE: TMO) reported third quarter 2020 earnings results today. Revenue increased 36% year-over-year to $8.52 billion. GAAP earnings jumped 157% to $1.93 billion, or $4.84 per share, compared to $760 million, or $1.88 per share, last
Snap Inc. (NYSE: SNAP) reported third quarter 2020 earnings results today. Revenues increased 52% year-over-year to $679 million. Net loss amounted to $200 million, or $0.14 per share, compared to $227 million, or $0.16 per share, last year. The company
Video streaming giant Netfllix Inc. (NASDAQ: NFLX) reported a 23% growth in third-quarter revenues as it continued to expand the subscriber base. Earnings increased but missed Wall Street’s prediction and the company's stock dropped on Tuesday evening following the announcement.
The Procter & Gamble Company (NYSE: PG) today reported its first quarter financial results for the period ended September 30, 2020. Net earnings for the first quarter was $4.3 billion, or $1.63 per share, compared to net earnings of $3.6
Aerospace company Lockheed Martin (NYSE: LMT) Tuesday said its sales increased 9% in the third quarter, driving up net profit. The top-line also came in above the market's prediction. The stock made modest gains soon after the announcement. In a
Philip Morris International Inc. (NYSE: PM) reported third quarter 2020 earnings results today. Net revenues fell 2.6% year-over-year to $7.4 billion. Revenues were down 1.5% on an organic basis. Reported EPS rose 21.3% to $1.48 while adjusted EPS dropped 0.7%
Tech giant IBM Corp. (NYSE: IBM) on Monday said its third-quarter revenues and profit declined, hurt mainly by the disruption caused by the pandemic. The top-line, however, surpassed experts' prediction, while earnings matched. Weakness in the performance of the main
