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Citigroup (NYSE: C) reported its financial results for the quarter ended March 31, 2020 today. Citigroup reported a 46% dip in earnings
Citigroup (NYSE: C) reported its financial results for the quarter ended March 31, 2020 today. Citigroup reported a 46% dip in earnings for the first quarter of 2020 due to higher credit reserve build. However, the top-line increased by 12%
US Bancorp (NYSE: USB) reported earnings results for the first quarter of 2020 today. Net revenue increased 3.5% year-over-year to $5.77 billion. Net income attributable to US Bancorp common shareholders dropped 32.5% year-over-year to $1.08 billion. Diluted EPS fell 28%
Bank of America (NYSE: BAC) reported a 45% dip in earnings for the first quarter of 2020 due to the inclusion of higher provision expense for COVID-19 related reserve build. During the quarter, the company suspended its buyback program to
UnitedHealth Group (NYSE: UNH) reported its financial results for the quarter ended March 31, 2020 today. UnitedHealth reported a 3% rise in earnings for the first quarter of 2020 driven by higher revenue. The top-line increased by 6.8% reflecting broad-based
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) Tuesday said its first-quarter earnings decreased to $0.98 per share, despite a 9% growth in revenues to $2.3 billion. Earnings missed the consensus estimates, while revenues surpassed the forecast. The bottom-line was negatively impacted
Wells Fargo (NYSE: WFC) reported an 89% dip in earnings for the first quarter of 2020 due to lower revenue as well as higher costs and expenses. The results included the impact of reserve build and impairment of securities driven
JPMorgan Chase (NYSE: JPM) kicked off the first quarter earnings season today. The banking giant reported net income of $2.86Bil or $0.78 per share. Consumer & Community Banking (CCB) net income was down 95% to $191 million. Due to COVID-19
Fastenal Company (NASDAQ: FAST) reported a 4% rise in earnings for the first quarter of 2020 helped by the contribution from industrial vending and Onsite locations as well as increases in certain products related to the coronavirus pandemic. The results
Johnson & Johnson (NYSE: JNJ) reported that its first-quarter 2020 earnings and revenue came in above the analysts' expectations citing product sales as well as lower costs and expenses. Region-wise, sales were better in the US than international. The Consumer
-- Dave and Buster’s Entertainment, Inc. (NASDAQ: PLAY) reported its fourth-quarter 2019 earnings of $0.80 per share versus $0.69 per share expected. -- Revenue rose by 5% year-over-year to $347.2 million versus $344.46 million expected. -- The number of stores
Walgreens Boots Alliance (NASDAQ: WBA) reported second-quarter 2020 earnings on Thursday, April 2, before the opening bell. The company's shares gained immediately after the announcement. The stock, which closed the last session lower, lost 27% since the beginning of the
-- PVH Corp. (NYSE: PVH) reported its fourth-quarter 2019 adjusted earnings of $1.88 per share versus $1.81 per share expected. -- Revenue rose by 5% year-over-year to $2.6 billion versus $2.5 billion expected. The growth in Tommy Hilfiger offset declines
BlackBerry Limited (NYSE: BB) reported fourth-quarter 2020 earnings results on Tuesday, March 31, after the market close. BB stock gained about 2% during after-market hours following the announcement. BlackBerry stock, which plunged to a new 52-week low ($2.70) on March
Chinese digital consumer finance platform 360 Finance (NASDAQ: QFIN) reported fourth-quarter 2019 earnings on Friday, March 27, before the opening bell. The company’s shares gained immediately after the announcement. The stock has declined 29% since the beginning of this year.
GameStop Corp. (NYSE: GME) swung to a profit in the fourth quarter of 2019 from a loss last year, helped by lower costs and expenses despite a 28% dip in revenue. The bottom line exceeded analysts' expectations while the top
Paychex Inc. (NASDAQ: PAYX) reported better-than-expected earnings along with revenues that matched estimates for the third quarter of 2020. However, the stock slipped to red territory as the outlook failed to meet analysts’ expectations. Total revenues increased 7% to $1.14
Nike Inc. (NYSE: NKE) reported a 23% dip in earnings for the third quarter of 2020 due to a transition charge of Brazil, Argentina, Chile and Uruguay businesses to a strategic distributor model as well as Covid-19 outbreak. The top
-- Cintas Corporation (NASDAQ: CTAS) reported its third-quarter 2020 adjusted earnings of $2.16 per share versus $2.02 per share expected. -- Revenue rose by 8% to $1.81 billion versus $1.8 billion expected. The organic revenue growth rate, which adjusts for
Five Below (NASDAQ: FIVE) reported a 24% jump in earnings for the fourth quarter of 2019 helped by higher revenue. The results exceeded analysts' expectations. Further, the company is not providing a forecast due to the uncertainty related to the
For some of the leading drugmakers, currently, the first priority is to find an effective treatment for Covid-19, which was declared a pandemic by the WHO the other day. With initial researches not yielding the desired results, efforts are on
Urban Outfitters’ (NASDAQ: URBN) stock suffered one of the biggest single-day losses this week after the lifestyle retail chain disappointed the market with weak fourth-quarter earnings. On the bright side, comparable sales remained in the positive territory and the firm’s
