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Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp fall in adjusted earnings for the fourth quarter of 2023, despite
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp fall in adjusted earnings for the fourth quarter of 2023, despite a modest increase in revenues. Fourth-quarter worldwide sales increased 6% year-over-year to $14.6 billion, mainly reflecting the sustained
Altria Group, Inc. (NYSE: MO) reported fourth quarter 2023 earnings results today. Net revenues decreased 2.2% year-over-year to $5.97 billion. Revenues, net of excise taxes, fell 1.2% to $5 billion. Net earnings declined 23.4% to $2 billion and EPS dropped
Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) reported a year-over-year increase in earnings and revenues for the first quarter of 2024. The results also beat estimates. At $9.94 billion, December-quarter revenues were up 5% from the prior-year quarter. QCT revenues increased 7%
Thermo Fisher Scientific Inc. (NYSE: TMO) on Wednesday announced fourth-quarter 2023 financial results, reporting higher adjusted earnings, despite a decrease in revenues. Fourth-quarter revenues declined 5% annually to $10.89 billion, mainly reflecting weak performance by the Laboratory Products and Life
Credit card company Mastercard Incorporated (NYSE: MA) reported a double-digit increase in revenues and earnings for the fourth quarter of 2023. Net revenue increased 13% year-over-year to $6.5 billion in the December quarter. Currency-neutral revenue growth was 11%. The positive
The Boeing Company (NYSE: BA) reported its fourth quarter 2023 earnings results today. Revenues increased 10% year-over-year to $22 billion. Net loss attributable to Boeing shareholders was $23 million, or $0.04 per share, compared to $634 million, or $1.06 per
Electronic Arts (NASDAQ: EA) reported net revenue of $1.94 billion for the third quarter of 2024, compared to $1.88 billion in the same period last year. Net income was $290 million, or $1.07 per share, compared to $204 million, or
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2024 earnings results today. Consolidated net revenues increased 8% year-over-year to $9.4 billion but fell short of estimates of $9.6 billion. Global comparable store sales increased 5%. Net earnings attributable to Starbucks grew
Advanced Micro Devices, Inc. (NASDAQ: AMD) reported an increase in revenues and earnings, excluding one-off items, for the fourth quarter of 2023. Fourth-quarter earnings, on an adjusted basis, moved up to $0.77 per share from $0.69 per share in the
Microsoft Corp. (NASDAQ: MSFT) on Tuesday said its second-quarter 2024 earnings increased year-over-year, reflecting strong performance of the tech giant's key operating segments. The results also beat estimates. Second-quarter revenues came in at $62.02 billion, compared to $52.75 billion in
Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported fourth quarter 2023 earnings results today. Revenues increased 13% year-over-year to $86.3 billion. Net income was $20.7 billion, or $1.64 per share, compared to $13.6 billion, or $1.05 per share, last year. Revenue and earnings
JetBlue Airways Corporation (NASDAQ: JBLU) on Tuesday announced financial results for the fourth quarter of 2023, reporting a net loss compared to a profit last year. The company reported a net loss of $104 million or $0.31 per share for
General Motors Co. (NYSE: GM) reported fourth quarter 2023 earnings results today. Revenue remained relatively unchanged from the prior-year quarter at $43 billion. Net income attributable to stockholders increased 5.2% to $2.1 billion and EPS grew 14.4% to $1.59 compared to
United Parcel Service, Inc. (NYSE: UPS) reported a double-digit fall in profit for the fourth quarter of 2023 when the cargo company's revenues declined 8%. On an adjusted basis, December-quarter profit plunged 32% annually to $2.47 per share. Unadjusted net
Pfizer Inc. (NYSE: PFE) reported fourth quarter 2023 earnings results today. Revenues declined 41% year-over-year to $14.2 billion, missing estimates. The company reported a net loss of $3.37 billion, or $0.60 per share, compared to a net income of $4.9
Levi Strauss & Co. (NYSE: LEVI) announced results for the fourth quarter of 2023, reporting a modest increase in revenues reflecting higher sales in company-operated mainline and outlet stores. The apparel company’s net income declined to $126.8 million or $0.32
Telecom company Comcast Corp. (NASDAQ: CMCSA) reported a modest increase in adjusted earnings and revenues for the fourth quarter of 2023. Revenues rose 2% annually to $31.3 billion in the December quarter. Revenues of the Connectivity & Platforms segment moved up 1%,
Colgate-Palmolive Company (NYSE: CL) reported fourth quarter 2023 earnings results today. Net sales increased 7% year-over-year to $4.95 billion. Organic sales increased 7%. Net income attributable to Colgate-Palmolive Company was $718 million, or $0.87 per share, compared to $5 million,
Credit card company American Express (NYSE: AXP) Friday reported higher revenues and net income for the fourth quarter of 2023. The numbers, however, missed Wall Street's projections. Total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion in
Visa Inc. (NYSE: V) reported net revenues of $8.6 billion for the first quarter of 2024, up 9% from the same period a year ago. GAAP net income increased 17% to $4.9 billion and EPS grew 20% to $2.39 compared
Intel Corporation (NASDAQ: INTC) Thursday reported a sharp increase in earnings for the fourth quarter of 2023 when the chipmaker's revenues rose 10%. Revenues moved up 10% year-over-year to $15.40 billion in the December quarter. Revenues of Client Computing, the company’s
