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JetBlue Airways (JBLU) reported a 5% increase in operating revenues to $1.92 billion for the second quarter of 2018 compared to the
JetBlue Airways (JBLU) reported a 5% increase in operating revenues to $1.92 billion for the second quarter of 2018 compared to the same period last year. This includes a 5.2% growth in total passenger revenue. Shares of JetBlue increased about
Eli Lilly (LLY) reported second quarter results which exceeded the consensus estimate. Shares of Eli Lilly were trading up about 5% in the pre-market trading on upbeat results and the encouraging outlook as well as the company’s decision to separate
Telecommunications giant Verizon (VZ) reported its second-quarter results Tuesday, the last quarterly results under CEO Lowell McAdam who will be stepping down next month. The company’s shares made strong gains after the better-than-expected results triggered a stock rally. [caption id="attachment_9026"
The social networking site Facebook (FB) is set to report second-quarter earnings on Wednesday, 25th July, after the market close. Investors will be looking over the quarterly update closely, as Facebook enjoyed an equal dose of both good and bad
A further spike in ad sales lifted Google parent Alphabet’s (GOOG, GOOGL) earnings in the second quarter, when the company suffered a setback in the form of a multi-billion fine from European Union regulators for allegedly abusing the Android operating
In almost 15 years of its existence, Tesla (TSLA) has never made a profit. But despite its liquidity woes, the company has, over the time span, evolved into a major force in the auto industry. And now, in its drive
Drilling services provider Halliburton Company (HAL) reported earnings for the second quarter that met analysts' estimates while exceeding on revenue expectations. The company posted a 24% increase in revenue to $6.15 billion driven by strong market conditions in North America. Profit
Despite the drop in second quarter revenue and earnings compared to the last year numbers, Hasbro's (HAS) results beat analyst expectations, sending the stock climbing more than 8% in pre-market trade. Reported revenues dropped 7% to $904.5 million for the
The oilfield service sector continues to benefit from the rising crude prices, which has been encouraging petroleum companies to ramp up spending on production. Supported by strong business growth in key markets, especially North America, Schlumberger (SLB) reported higher earnings
Honeywell International Inc. (HON) reported an 8% increase in sales to $10.9 billion during the second quarter of 2018. Sales grew 6% on an organic basis, driven by widespread growth across the business. Net income attributable to Honeywell decreased to
Though Google parent Alphabet (GOOG, GOOGL) has long been ramping up its non-core businesses, programmatic advertising and mobile search continue to drive revenue growth. When the Menlo Park, California-based tech giant reports its second-quarter results on July 23 after the
Intuitive Surgical (ISRG), the creator of the da Vinci robotic-assisted surgical system, reported a second-quarter profit that exceeded market consensus. The company’s flagship da Vinci surgical system continues to be a revenue driver for the instruments and accessories segment. Shares
UnitedHealth Group (UNH), a diversified healthcare company, has been named as a possible suitor in the sale of Tenet Healthcare’s (THC) Conifer unit. If a deal takes place between the two firms, analysts expect Tenet to value its wholly owned
Microsoft (MSFT) reported better-than-expected results for the fourth quarter 2018. Non-GAAP earnings of $1.13 per share on revenue of $30.08 billion, beat consensus estimates. Analysts had predicted earnings of $1.08 per share and revenue of $29.3 billion for the quarter
Equipment rental operator United Rentals (URI) reported a 91% jump in earnings for the second quarter driven by higher rental revenue. The company, which rents earthmovers, forklifts, and other heavy equipment, is utilizing on the strong construction spending data that
Domino’s Pizza (DPZ) has remained a standout among its peers in the fast-food industry, taking advantage of the changing customer preferences and e-commerce initiatives. The company reported better-than-expected earnings for the second quarter as its fast-growing store network generated strong
Regional bank KeyCorp (KEY) posted earnings of $0.44 a share in the second quarter, topping analysts’ estimate of $0.42 a share. Revenue for the quarter increased 0.6% to $1.65 billion, higher than $1.60 billion projected by the market pundits. The
Danaher Corporation (DHR) reported a 10.5% increase in revenues to $5 billion for the second quarter of 2018, while adjusted core revenue grew 6%. Net earnings improved 20% to $673.8 million or $0.95 per share. EPS, on an adjusted basis,
Online marketplace eBay reported second-quarter results amidst its much-hyped summer sale that coincided with Amazon’s (AMZN) Prime Day event. Earnings surged and came in above Wall Street forecast as both the major business divisions delivered strong performance. However, weak revenue
American Express Company (AXP) reported revenues of $10 billion for the second quarter of 2018, an increase of 9% from the same quarter last year. Net income grew 21% to $1.6 billion and EPS jumped 25% to $1.84 from the
Minneapolis-based U.S. Bancorp (USB) reported Q2 profit that beat analysts estimate. Revenue, however, didn’t meet the consensus estimate. During the quarter, the company reported earnings of $1.02 a share, topping analysts’ estimate of $1.00. Revenue came in at $5.64 billion.
