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Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's estimates. Net income came in at $2.33 billion or $5.28
Infosys (NYSE: INFY) reported an increase in earnings for the fourth quarter of 2024 when the software giant’s revenues remained broadly unchanged year-over-year. The company also issued guidance for fiscal 2025. Fourth-quarter revenues came in at $4.56 billion, which is
Alaska Air Group (NYSE: ALK) reported its first quarter 2024 earnings results today. Total operating revenue increased 2% year-over-year to $2.23 billion. Net loss amounted to $132 million, or $1.05 per share, compared to a loss of $142 million, or $1.11
Kinder Morgan, Inc. (NYSE: KMI) reported higher adjusted earnings for the first quarter of 2024 despite a decrease in revenues. The energy infrastructure company also issued guidance for the full fiscal year. First-quarter earnings, excluding special items, increased to $0.34
Abbott Laboratories (NYSE: ABT) reported its first quarter 2024 earnings results today. Total sales increased 2.2% year-over-year to $10 billion. Organic sales growth was 10.8%. Net earnings decreased 7% to $1.22 billion, or $0.70 per share, compared to last year. Adjusted
US Bancorp (NYSE: USB) reported its first quarter 2024 earnings results today. Total net revenue decreased 6.4% year-over-year to $6.7 billion. Net income applicable to US Bancorp common shareholders decreased 24.1% to $1.20 billion and EPS declined 25% to $0.78
United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the first quarter of 2024, on an adjusted basis. The bottom line benefitted from an increase in revenues. The company reported an adjusted loss per share of $0.15
The PNC Financial Services Group, Inc. (NYSE: PNC) on Tuesday reported a decrease in revenues and net profit for the first quarter of 2024. Net income attributable to common shareholders declined to $1.34 billion or $3.10 per share in the
The Bank of New York Mellon Corporation (NYSE: BK) reported a double-digit increase in earnings for the first quarter of 2024 when the financial services provider’s revenues rose by 3%. Net income, adjusted for special items, increased to $1.29 per
UnitedHealth Group (NYSE: UNH) reported its first quarter 2024 earnings results today. Revenues increased 9% year-over-year to $99.8 billion. Net loss attributable to UnitedHealth Group common shareholders was $1.4 billion, or $1.53 per share, compared to net earnings of $5.6
Banking giant Morgan Stanley (NYSE: MS) announced financial results for the first quarter of 2024, reporting an increase in revenues and net profit. Net income applicable to shareholders was $3.41 billion or $2.02 per share in the first quarter of
Bank of America (NYSE: BAC) reported its first quarter 2024 earnings results today. Total revenue decreased 2% year-over-year to $25.8 billion. Net income was $6.7 billion, or $0.76 per share, compared to $8.2 billion, or $0.94 per share, last year.
Johnson & Johnson (NYSE: JNJ) reported first quarter 2024 earnings results today. Reported sales increased 2.3% year-over-year to $21.4 billion. The company reported net earnings of $5.3 billion, or $2.20 per share, compared to a loss of $491 million, or
The Charles Schwab Corporation (NYSE: SCHW) reported first quarter 2024 earnings results today. Net revenues decreased 7% year-over-year to $4.74 billion. Net income available to common shareholders was $1.25 billion, or $0.68 per share, compared to $1.53 billion, or $0.83
The Goldman Sachs Group, Inc. (NYSE: GS) reported its first quarter 2024 earnings results today. Net revenues were $14.21 billion, up 16% from the same period last year. Net earnings applicable to common shareholders increased 27% to $3.93 billion and
BlackRock, Inc. (NYSE: BLK) Friday reported a sharp increase in adjusted profit for the first quarter of 2024 when the asset management company's revenues grew 11%. First-quarter adjusted earnings increased to $9.81 per share from $7.93 per share in the
Banking behemoth Citigroup Inc. (NYSE: C) Friday reported a decrease in revenue and net income for the first quarter of 2024. However, the numbers came in above analysts' estimates. Net profit for the March quarter was $3.4 billion or $1.58
Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today. Total revenue rose 1% year-over-year to $20.8 billion. Net income decreased 7% to $4.6 billion while EPS dropped 2% to $1.20. The top and bottom line numbers
JPMorgan Chase & Co. (NYSE: JPM) reported first quarter 2024 earnings results today. Reported net revenue was $41.9 billion, up 9% year-over-year. Managed net revenue was $42.5 billion, up 8% YoY. Net income grew 6% to $13.4 billion while EPS
Fastenal Company (NASDAQ: FAST) on Thursday announced first-quarter 2024 financial results, reporting higher sales and net income. Net income was $297.7 million or $0.52 per share in the first quarter of 2024, compared to $295.1 million, or $0.52 per share, in
Beer maker Constellation Brands, Inc. (NYSE: STZ) on Thursday reported higher sales and comparable profit for the fourth quarter of 2024. The results also exceeded analysts' estimates. Comparable earnings, adjusted for one-off items, increased to $2.26 per share in the
