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Southwest Airlines (LUV) successfully weathered the turbulence caused by rising gasoline prices and the recent accident involving one of its planes, and
Southwest Airlines (LUV) successfully weathered the turbulence caused by rising gasoline prices and the recent accident involving one of its planes, and reported above-consensus earnings for the second quarter. Following the impressive results, the company’s stock gained nearly 4% in
Amazon.com Inc. (AMZN) posted second-quarter earnings on Thursday, riding way past analyst expectations. Sales numbers, however, slightly missed the mark. The stock climbed around 4% following the earnings release. The e-commerce giant reported net sales of $52.9 billion for the
McDonald’s Corporation (MCD) beat analyst expectations for its second quarter 2018 results despite posting a 12% decrease in revenues. Consolidated revenues fell to $5.35 billion during the quarter, hurt by impacts from strategic re-franchising initiatives. Global comparable sales rose 4%,
Allergan’s (AGN) revenue and adjusted EPS figures for Q2 beat market estimates, sending shares up by about 0.7% in premarket trade. The pharma company reported a 2.9% improvement in revenues to $4.12 billion for the second quarter of 2018 compared
Alexion Pharmaceutical Thursday reported 14% increase in revenue for the second quarter, riding on a 16% volume hike. The company, however, swung to a loss of $2.05 per share from a profit of $0.73 per share a year ago as
Music streaming giant Spotify (SPOT) released its second-ever earnings report in which, it posted a wider loss of EUR 2.20 per share versus EUR 1.24 per share last year. Consensus projections called for a loss of 62 cents. However, the
American Airlines Group (AAL) beat profit estimates on an adjusted basis, however, revenue fell short of the Street’s view. Analysts had expected earnings of about $1.59 per share on revenue of $11.67 billion. The company reported revenues of $11.6 billion
Credit card giant Visa (V) reported upbeat results for its third quarter ending June 30, 2018. The company’s shares, which hit a new all-time high on Wednesday’s regular trading session, continued to trade in the positive territory after the bell
Ford Motor Company (F) reported declines in revenues and earnings for the second quarter of 2018 due to certain production disruption issues at a parts supplier as well as challenges in the China market. Total revenues declined 2.2% to $38.9
Semiconductor firm Advanced Micro Devices (AMD) reported upbeat earnings for the second quarter when revenues surged as the strong demand for products in the PC and server markets more than offset a slump in GPU sales to crypto miners. Following
Facebook’s shares tumbled 9% Wednesday after it reported second-quarter revenue that missed street expectations. Revenue grew 42% to $13.23 billion but came below average analysts’ expectation of $13.36 billion after being embroiled in a slew of data leaks and fake
General Dynamics (GD) beats revenue and earnings estimates for the second quarter 2018. Despite earnings and revenue topping the estimates, the stock inched down 0.4% in the pre-market trading. Revenue climbed 19.7% to $9.2 billion from the same period last
Boeing (BA) reported a 26% jump in earnings for the second quarter as higher commercial deliveries and defense contract volume drove revenue higher. The top and bottom line came in above analysts' expectations. New aircraft orders have been increasing steadily
Riding on the success of its diet beverages portfolio, Coca-Cola (KO) reported better-than-expected second-quarter results before the opening bell on Wednesday. The company reported net income of $2.32 billion, or $0.53 a share, higher than $1.37 billion, or $0.32 a
General Motors shares plunged Wednesday after the company lowered its full-year earnings guidance to reflect higher commodity prices, mainly owing to the tariffs imposed by the government on metal imports. In the second quarter, adjusted earnings declined, but came in
Telecom giant AT&T Inc. (T), which completed the acquisition of Time Warner, reported a 31% jump in earnings for the second quarter helped by wireless and entertainment group additions. The bottom line came in above analysts’ expectations, while top-line missed
Amazon (AMZN) is scheduled to report second quarter 2018 results on July 26 after market close. During the first quarter, the online retailer saw a 43% increase in net sales while earnings more than doubled to $3.27 per share from
As American Airlines (AAL) prepares to report second quarter results, prospects of a pleasing outcome are grim. Two weeks back, the Texas-based airline company had lowered its outlook for unit revenue growth and capacity due to domestic yields that came below
Harley-Davidson (HOG) reported second quarter earnings that beat Wall Street estimates for the sixth straight quarter, aided by growth in overseas sales. Earnings came in at $1.45 a share, above analysts’ estimate of $1.42 per share. Revenue fell 3.3% to
Industrial mammoth 3M (MMM) today reported second-quarter results that easily topped analysts expectations. The company reported earnings of $3.07 a share, higher than the consensus estimates of $2.58 a share. Revenue rose 7.4% year-over-year to $8.4 billion, topping analysts expectation
Lockheed Martin (LMT), the biggest defense contractor in the country, reported a 22% jump in earnings for the second quarter driven by broad-based sales growth. The top and bottom line came in above analysts' expectations. Encouraged by the upbeat results,
