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American Express Company (AXP) reported revenues of $10 billion for the second quarter of 2018, an increase of 9% from the same
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.
Healthcare giant Abbott Laboratories (ABT) reported its quarterly results for its second quarter of 2018 today before the opening bell. The company posted earnings of $733 million, or $0.40 per share on worldwide sales of $7.8 billion, up 17% year-over-year.
Shares of Morgan Stanley (MS) rose in the pre-market hours Wednesday after the company smashed past analysts expectations during Q2 2018, aided by strong performance in investment banking and trading. The bank reported earnings of $1.30 per share, topping analysts
United Airlines parent United Continental Holdings (UAL) reported its quarterly results after the closing bell. Thanks to strong travel demand, the company's second-quarter results came in better-than-expected beating analyst estimates on both revenue and earnings front. Revenue jumped 7.7% to
CSX Corp (CSX) on Tuesday posted earnings of $1.01 per share on revenue of $3.10 billion, beating estimates. 25 analysts predicted earnings of $0.84 per share. The Street estimate for revenue this quarter was $2.95 billion, 0.68% higher than $2.93
Healthcare giant Johnson & Johnson (JNJ) reported a beat on both the top and bottom line expectations as it posted its Q2 2018 earnings. This was aided by a double-digit growth in Pharmaceutical business and the accelerating sales momentum in
At a time when some analysts predict a pullback in the Wall Street, four major tech stocks hit their new yearly highs last Friday. On the day when shares of major banking sector companies, JPMorgan (JPM), Citigroup (C) and Wells
Shares of Netflix (NFLX) fell sharply on Monday after the streaming giant reported lower than expected subscriber growth for the second quarter. Meanwhile, revenues and earnings increased, helped mainly by the company’s aggressive expansion initiatives outside the US. The results
Bank of America (BAC) reported second-quarter earnings of $6.8 billion, or $0.63 per share in Q2, topping market consensus as it managed to cut more expenses than expected. Meanwhile, the topline slid 1% and came in slightly above market expectations
Asset manager BlackRock (BLK) topped analysts' earnings estimate during Q2 2018, even as revenue growth came in line with the market expectations. The company reported earnings of $6.62 per share. Excluding items, earnings came in at $6.66 per share, topping
Investment banking firm Citigroup (C) Friday came out with mixed results for the second quarter, when earnings rose sharply and came in above analysts’ estimates. Revenues increased modestly, aided by the strength of consumer banking, but missed expectations triggering a
Shares of the fashion specialty retailer Nordstrom (JWN) slipped on Tuesday after the company rolled out sales projection for 2018 that fell below the consensus estimate. During the investor day held on July 10, Nordstrom reaffirmed its prior outlook for
With a client base that includes several large corporate firms, Fastenal (FAST) has been registering sales growth consistently for nearly a decade. And, the latest quarter was no different, when earnings surged and surpassed estimates supported by a further strong
JPMorgan Chase & Co (JPM) is expected to post its earnings before the markets open on Friday. This financial mammoth has seen many big moves right after announcing results, usually witnessing a bull run on upbeat numbers. So here's a
Airline companies are set to report earnings this week, beginning with Delta Air Lines (DAL) on Thursday. The industry, as a whole, has been suffering from rising fuel costs, despite seeing an increase in passenger influx. Fuel price inflation had
PepsiCo Inc. (PEP) reported a 2.4% increase in revenue to $16 billion for the second quarter of 2018. Organic revenue grew 2.6% during the quarter. Net income attributable to PepsiCo dropped 14% to $1.8 billion, while diluted EPS fell 13%
Apple’s (AAPL) App Store is turning 10 on July 10. The App Store, which was launched in 2008 with 500 apps, is aiming for the sky as about 500 million weekly visitors are spending their time in the store. With
Consumer products company Helen of Troy (HELE) today reported earnings for the first quarter of fiscal 2019. Consolidated revenue grew 9% to $354.6 million, riding on double-digit growth in the company's Leadership Brands and online sales. Helen of Troy's Transformation Plan
Ushering another earnings season, PepsiCo (PEP) is reporting its quarterly results on Tuesday before the opening bell. As compressed margins are likely to continue to offset tax benefits, analysts are anticipating a moderate growth during the second quarter. Adjusted EPS
Netflix has now started testing its pricier 'Ultra' plan, with a possible $17-price tag. While it might raise many an eyebrow, this might be the final blow to cable companies, as it aims at a higher grade of cable cutters.
