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Credit card operator American Express (AXP) reported a 22% jump in earnings for the third quarter as broad-based increases in cardmember spending
Credit card operator American Express (AXP) reported a 22% jump in earnings for the third quarter as broad-based increases in cardmember spending and fees drove revenues higher. The top and bottom lines came in above analysts' expectations. The company also
The Bank of New York Mellon Corporation (BK) topped market estimates on earnings for the third quarter of 2018 but missed out on revenue. Total revenues grew 1% year-over-year to $4.07 billion, driven by higher fee and net interest revenues.
Danaher Corp. (DHR) reported a 16% increase in earnings for the third quarter driven by core revenue growth, solid operating margin expansion, as well as mid-single-digit revenue growth in four of the five platforms. The top and bottom line exceeded
Nucor Corporation (NUE) beat market estimates on revenue and earnings for the third quarter of 2018, but the stock was down 2% in morning trade on Thursday. Consolidated net sales increased 30% to $6.74 billion from the same period last
Novartis AG (NVS) reported a 22% dip in earnings for the third quarter due to charges from the voluntary withdrawal of CyPass, higher restructuring, and discontinuation of GSK consumer healthcare joint venture. The top and bottom line came in ahead
Textron Inc. (TXT) missed analysts’ expectations on both revenues and earnings for the third quarter of 2018 and narrowed its full-year 2018 adjusted EPS guidance, sending the shares tumbling over 10% in premarket hours on Thursday. Total revenues dropped to
Kinder Morgan Inc. (KMI) posted third-quarter 2018 earnings that came in line with expectations but missed the mark on revenues. Total revenues increased to $3.52 billion during the quarter from $3.28 billion in the same period last year. Net income
Video takes up 58% of the total downstream volume of the internet today. And the slice of Netflix (NFLX) in it is huge. Yes, the streaming giant now takes up a whopping 15% of the total downstream volume across the
Netflix (NFLX) on Tuesday posted yet another blowout quarterly figures, sending its stock up 10% during aftermarket trading. The streaming giant tripled its third-quarter earnings to 89 cents per share, whereas analysts had expected just 68 cents. Total streaming revenue
Pharmaceutical giant Abbott Laboratories (ABT) delivered a 12% increase in third-quarter revenue to $7.7 billion, helped by a 43% increase in diagnostics product sales. The top line surpassed market consensus, which was projected at $7.67 billion. However, net income from
US Bancorp (USB) beat market estimates on revenue and earnings for the third quarter of 2018, giving the stock a lift of about 1% in premarket hours on Wednesday. The company reported net revenues of $5.69 billion, up 2.4% from
United Airlines parent United Continental Holdings (UAL) reported a 30% jump in earnings for the third quarter helped by double-digit revenue growth despite a steep rise in fuel costs. The top line came in above analysts' expectations, while the bottom
Video streaming giant Netflix (NFLX) on Tuesday after-market posted a 34% rise in third-quarter revenue just short of $4 billion, raking in $403 million in net income – more than three times its income of $130 million a year ago.
J.B. Hunt Transport Services Inc. (JBHT) beat market estimates on revenue and earnings for the third quarter of 2018. After the earnings announcement, the stock was trading in the positive territory during after-market hours on Monday and maintained the upward
UnitedHealth Group (UNH) reported better-than-expected results for the third quarter of 2018 and raised its earnings guidance for the full year. Shares were up 4.2% in morning trade on Tuesday. The healthcare services provider reported a 12.4% year-over-year increase in
Software services company Infosys (INFY) reported a marginal rise in earnings for the second quarter helped by higher revenue and the management of its costs and expenses. The bottom line came in line with analysts' expectations, while revenue missed consensus
The Goldman Sachs Group Inc. (GS) topped market estimates on revenue and earnings for the third quarter of 2018, giving the stock a lift of about 1.7% during pre-market trading. The financial services firm reported a 4% increase in net
Medical devices giant Johnson & Johnson (JNJ) reported higher revenue and income in Q3, driven by strong sales of pharmaceuticals products. The company posted earnings of $2.05 per share during the quarter, two cents higher than what analysts had expected. On
It was a good earnings day for Morgan Stanley (MS) as the stock surged as the financial giant posted results beating Street expectations. This comes as a relief for Morgan Stanley after being battered Monday's trading buoyed by fears of
U.S. Bancorp (USB), the seventh-largest US bank by assets, will report third-quarter earnings on Wednesday, October 17. The company, which had posted earnings beats during the past two quarters, is expected to follow the suit in the third quarter as
Bank of America (BAC) topped market expectations on revenues and earnings for the third quarter of 2018. The financial services firm reported total revenues, net of interest expense, of $22.8 billion, up 4% compared to the same period last year.
